ROTH MKM lifts Tesla Inc [TSLA] price estimate. Who else is bullish?

Tesla Inc [NASDAQ: TSLA] gained 4.34% on the last trading session, reaching $436.23 price per share at the time.

If compared to the average trading volume of 88.43M shares, TSLA reached a trading volume of 86802854 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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Here is what top equities market gurus are saying about Tesla Inc [TSLA]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TSLA shares is $275.62 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TSLA stock is a recommendation set at 2.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

ROTH MKM have made an estimate for Tesla Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 02, 2024. While these analysts kept the previous recommendation, Wells Fargo raised their target price from $120 to $125. The new note on the price target was released on October 24, 2024, representing the official price target for Tesla Inc stock. Previously, the target price had yet another raise from $236 to $238, while Truist kept a Hold rating on TSLA stock. On October 24, 2024, analysts increased their price target for TSLA shares from 236 to 249.

The Average True Range (ATR) for Tesla Inc is set at 17.63, with the Price to Sales ratio for TSLA stock in the period of the last 12 months amounting to 15.04. The Price to Book ratio for the last quarter was 20.01, with the Price to Cash per share for the same quarter was set at 10.19. Price to Free Cash Flow for TSLA in the course of the last twelve months was 404.72 with Quick ratio for the last quarter at 1.37.

Trading performance analysis for TSLA stock

Tesla Inc [TSLA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 12.08. With this latest performance, TSLA shares gained by 32.09% in over the last four-week period, additionally plugging by 145.06% over the last 6 months – not to mention a rise of 82.30% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TSLA stock in for the last two-week period is set at 78.60, with the RSI for the last a single of trading hit 82.56, and the three-weeks RSI is set at 75.52 for Tesla Inc [TSLA]. The present Moving Average for the last 50 days of trading for this stock 300.07, while it was recorded at 413.98 for the last single week of trading, and 224.40 for the last 200 days.

Tesla Inc [TSLA]: A deeper dive into fundamental analysis

Tesla Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.37 and a Current Ratio set at 1.84.

Tesla Inc [TSLA]: An earnings per share (EPS) analysis

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TSLA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Tesla Inc go to 0.92%.

An analysis of Institutional ownership at Tesla Inc [TSLA]

There are presently around $47.88%, or 54.98%% of TSLA stock, in the hands of institutional investors. The top three institutional holders of TSLA stocks are: VANGUARD GROUP INC with ownership of 237.62 million shares, which is approximately 7.4584%. BLACKROCK INC., holding 190.08 million shares of the stock with an approximate value of $$37.61 billion in TSLA stocks shares; and BLACKROCK INC., currently with $$22.55 billion in TSLA stock with ownership which is approximately 3.5772%.