InvestorsHub Logo
Followers 18
Posts 3092
Boards Moderated 0
Alias Born 05/18/2005

Re: crudeoil24 post# 86631

Monday, 06/24/2024 10:16:47 AM

Monday, June 24, 2024 10:16:47 AM

Post# of 88240
Crudeoil: while your post captures the past fairly well, you are ignoring two vital factors;

1, past performance is no guarantee for the future
2. How can an analyst capture the impact of brand new technology?

Please focus on point number 2. In my opinion, every model I see of TSLA in 2025
and later, even the ARK model, is based on wild-ass guesses. How can anybody put numbers on a concept? I think even the most bearish analysts realize (whether they are allowed to broadcast it or not) that TSLA is more than just an auto company. For instance Toni Sacconaghi’s target price estimate was lowered in March from $150 to $120. If you were to use a p/e of , say Toyota, the price target should be no more than (8.24 times projected TSLA earnings for 2025) i.e 8.24 x 2.22 = $18!!

The lowest price target on TSLA that I can find today is $22, about 1/8 th of current price yet the consensus analyst recommendation on TSLA is BUY!
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent TSLA News