Other equities research analysts have also recently issued reports about the stock. Analysts at Stifel Nicolaus reiterated a “positive” rating and set a $ 400.00 price target on shares of Tesla Motors in a research note on Monday. Analysts at Robert W. Baird upgraded shares of Tesla Motors to an “outperform” rating and set a $ 275.00 price target on the stock in a research note on Monday. Analysts at Pacific Crest set a $ 293.00 price target on shares of Tesla Motors and gave the company a “buy” rating in a research note on Monday. Finally, analysts at Bank of America upgraded shares of Tesla Motors to an “underperform” rating and set a $ 65.00 price target on the stock in a research note on Monday. Five analysts have rated the stock with a sell rating, eight have issued a hold rating and fourteen have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $ 252.00.
Shares of Tesla Motors (NASDAQ:TSLA) opened at 203.25 on Tuesday. Tesla Motors has a one year low of $ 177.22 and a one year high of $ 291.42. The stock has a 50-day moving average of $ 198. and a 200-day moving average of $ 219.. The company’s market cap is $ 25.56 billion. Tesla Motors also was the recipient of unusually large options trading activity on Monday. Stock investors acquired 82,179 call options on the company. This represents an increase of approximately 184% compared to the typical volume of 28,939 call options.
Tesla Motors (NASDAQ:TSLA) last announced its earnings results on Wednesday, February 11th. The company reported ($ 0.13) earnings per share for the quarter, missing the analysts’ consensus estimate of $ 0.31 by $ 0.44. The company had revenue of $ 957.00 billion for the quarter, compared to the consensus estimate of $ 1.23 billion. During the same quarter last year, the company posted $ 0.33 earnings per share. Tesla Motors’s revenue was up 43.9% compared to the same quarter last year. On average, analysts predict that Tesla Motors will post $ 0.62 earnings per share for the current fiscal year.
Tesla Motors, Inc (NASDAQ:TSLA) designs, develops, manufactures and sells electric vehicles and advanced electric vehicle powertrain components. Tesla owns its sales and service network. The Company is engaged in commercially producing a federally-compliant electric vehicle, the Tesla Roadster.
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Tesla Motors Rating Increased to Market Perform at FBR & Co. (TSLA) - sleekmoney
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