🔥Stock Prediction: How will Tesla close on 25/1 following it's earnings?
Click to vote. Can you predict where $Tesla Motors(TSLA)$ will move following its earnings?
If you get the right answers, you can get 10 Tiger Coins. In addition, you have the chance of winning 100 Tiger Coins.
$Tesla Motors(TSLA)$ will release its 2022 fourth-quarter and full-year financial reports after the U.S. stock market closes on January 25 (Wednesday), local time.
Earlier this month, $Tesla Motors(TSLA)$ announced their Q4 deliveries, up 31.5% year-on-year and 18.5% quarter-on-quarter to 405,000 vehicles, but below expectations of 420,000 vehicles. It also marked the second straight quarter in which Tesla deliveries fell short of expectations. Auto demand has been slowing amid supply chain issues and economic uncertainty. In addition, Tesla has also cut the price of its cars multiple times around the world, by as much as 20%, in an effort to increase market share.
$Tesla Motors(TSLA)$ ’s Q4 2022 earnings call will be held on January 25 2023 at approximately at 6:30 p.m. Pacific Time. To set a reminder, please click here
🔙 Latest Results
$Tesla Motors(TSLA)$'s 2022Q3 financial report shows that during the reporting period, the company achieved operating income of US$21.5 billion, a year-on-year increase of 56%; net profit attributable to the parent company was US$3.292 billion, a year-on-year increase of 140%; the net profit rate attributable to the parent company was 15%. Free cash flow was $3.297 billion; GAAP diluted EPS was $0.95 and Non-GAAP diluted EPS was $1.05; year-over-year growth of 46% and 44%, respectively.
📒Tesla‘s Q4 earnings consensus
According to Bloomberg's consensus forecast, Tesla's revenue in the fourth quarter of 2022 will be US$24.18 billion, adjusted net profit will be US$3.98 billion, and adjusted EPS will be US$1.1. A total of 46 analysts rated Tesla, of which 27 gave buy ratings, 13 gave hold ratings, and 6 gave sell ratings, with an average target price of $192.44.
💡Analyst Opinions
$Tesla Motors(TSLA)$ delivered a record 405,000 vehicles globally in the fourth quarter, with annual sales surging 40% to more than 1.3 million in 2022, Bloomberg analysts said. But gross margins are at risk due to aggressive price cuts. Tesla's decision to slash prices across numerous markets bucked industry trends, with the average selling price in the U.S. approaching $50,000, up $3,700 in a year.
💰Activity Details
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⏰Event Time
The deadline for this event is 23:00 on January 25 2023
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-Some analysts have lowered the 2023 EPS from $4.96 to $3.80
-Analysts polled by FactSet expect TSLA to report adjusted earnings of $1.15 a share in Q4 2022, compared to $0.85 a share in Q4 2021.
-Estimize, a crowdsourcing platform that gathers estimates from Wall Street analysts as well as buy-side analysts, fund managers, company executives, academics & others, is expecting an adjusted profit of $1.23 a share.
Thanks loads @Tiger_Earnings for this event and coins❣️Wishing you a Happy and Blessed Year of the 🐇🍊🍊🧧🧧🍍🍍🧧🧧
🌟🌟🌟I believe that $Tesla Motors(TSLA)$
will close Flat tomorrow at 145 to 148 range. Recently Tesla has cut the price of its EVs in the US as well as in China, Japan and South Korea as it looks to reignite flailing demand against intense competition from other EV companies.
Even though this will impact its profit margin, the price cuts will tend to increase demand.
Tesla share price has fallen a massive 53% in the past year but has increased almost 14% in the last 5 days of trading.
Wall Street Analysts are also bullish on Tesla with median target price of USD 194, representing a 35% increase from its closing price today.
So it is a great time to buy more Tesla shares. Fundamentally Tesla is a profitable company.
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Vote, share comments & forward this post for coins frensss! Happy New year!!! [Love]
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