Tesla stock: buy or sell?
Updated on:
January 17th, 2020
4
Tesla, Inc. designs, develops, manufactures, and sells electric vehicles, and energy generation and storage systems in the United States, China, Norway, and internationally.
Should I buy Tesla stock?
Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Following a trading plan helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.Currently, Tesla stock doesn't match any of these trading strategies, so our recommendation is not to buy.
| Buy setup | Elegible |
|---|---|
| New all-time high | No |
| New 52 week high | No |
| Price crossing up 200d MA | No |
| 100d MA crossing up 200d MA | No |
Is Tesla stock a buy?
Financial institutions and banks publish stock ratings everyday.
At Stocks2.com, we detected 15 ratings published for TSLA stock in the last 30 days. The general sentiment of these ratings is bearish for TSLA stock, with 9 negative ratings.| Date | Analyst / Broker | Previous rating | Current rating |
| 2019-9-26 | Credit Suisse Group | n/a | Sell |
| 2019-9-26 | China Renaissance Securities | n/a | Buy |
| 2019-7-3 | JPMorgan Chase & Co. | n/a | Sell |
| 2019-7-3 | Goldman Sachs Group | n/a | Sell |
| 2019-7-25 | Wedbush | n/a | Hold |
| 2019-7-25 | Royal Bank of Canada | n/a | Sell |
| 2019-7-25 | Oppenheimer | n/a | Outperform |
| 2019-7-25 | Nord/LB | n/a | Sell |
| 2019-7-25 | Nomura | n/a | Neutral |
| 2019-7-25 | JPMorgan Chase & Co. | n/a | Sell |
| 2019-7-25 | Goldman Sachs Group | n/a | Sell |
| 2019-7-25 | CIBC | Outperform | Outperform |
| 2019-7-25 | Canaccord Genuity | Buy | In-Line |
| 2019-7-25 | Barclays | n/a | Underweight |
| 2019-7-24 | Credit Suisse Group | n/a | Sell |
Tesla stock analysis
Daily outlook
Tesla declined -0.58% yesterday to $510.50 after topping to all time highs on Tuesday.
After several days of continuous rises in past weeks, Tesla declined -0.58% to $510.50. Since last November when SMA100d and SMA200d crossed up, TSLA price gained $160.51 per share (45.86%). Since October when TSLA stock price broke up the SMA200d line, it gained $257.00 (101.38%). From a daily perspective, TSLA is in a short term uptrend after plotting its last bottom ($402.08, on December/31) higher than the previous bottom, and its last top ($547.41, on Tuesday) also over the previous top. Now trading in between its last bottom and last top TSLA might consolidate in a plain range, waiting to break out over $547.41 or down under $402.08. On Tuesday, TSLA hit new all time highs, pushing higher previous ATH of $525.63 recorded on Monday. New ATHs are usual entry points for many trading setups as there aren't higher resistences.
Weekly outlook
Shares of Tesla ended this week at $510.50 after reaching a new all time high ($547.41) and boosted a dazzling 6.77%. With this, it's been 5 climbing weeks in a row, soaring a 45.29%.
TSLA shows a strong mid-term uptrend with several rising tops and rising bottoms. Since its last bottom late November 2019, TSLA climbed unceasignly breaking out to new all time highs. Since mid November 2019 when SMA20w and SMA40w crossed up, TSLA price gained $173.36 per share (51.42%). Since mid October 2019 when TSLA stock price broke up the SMA40w line, it gained $262.61 (105.94%).
Tesla stock price history
Tesla stock went public on June 29th, 2010 with a price of $19.001. Since then, TSLA stock grew a 2,586.80%, with an average of 287.40% per year. If you had invested right after TSLA's IPO a $1,000 in Tesla stock in 2010, it would worth $25,868.00 today.
1: Adjusted price after possible price splits or reverse-splits.
Tesla stock historical price chart
TSLA stock reached all-time highs on Tuesday with a price of $547.41.
Tesla stock price target is $234.70
Nobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. We found 15 price forecasts for TSLA stock posted in the last 30 days:| Date | Analyst / Broker | Action | Previous target | Current target | Diff |
| 2019-9-26 | Credit Suisse Group | Set Price Target | n/a | $189.00 | - |
| 2019-9-26 | China Renaissance Securities | Initiates | n/a | $324.00 | - |
| 2019-7-3 | JPMorgan Chase & Co. | Set Price Target | n/a | $200.00 | - |
| 2019-7-3 | Goldman Sachs Group | Set Price Target | n/a | $158.00 | - |
| 2019-7-25 | Wedbush | Reiterates | n/a | $230.00 | - |
| 2019-7-25 | Royal Bank of Canada | Set Price Target | n/a | $190.00 | - |
| 2019-7-25 | Oppenheimer | Lowers Target | $437.00 | $356.00 | -18.5% |
| 2019-7-25 | Nord/LB | Set Price Target | n/a | $200.00 | - |
| 2019-7-25 | Nomura | Lowers Target | $300.00 | $270.00 | -10% |
| 2019-7-25 | JPMorgan Chase & Co. | Set Price Target | n/a | $200.00 | - |
| 2019-7-25 | Goldman Sachs Group | Set Price Target | n/a | $158.00 | - |
| 2019-7-25 | CIBC | Reiterates | $437.00 | $356.00 | -18.5% |
| 2019-7-25 | Canaccord Genuity | Reiterates | $394.00 | $350.00 | -11.2% |
| 2019-7-25 | Barclays | Reiterates | n/a | $150.00 | - |
| 2019-7-24 | Credit Suisse Group | Set Price Target | n/a | $189.00 | - |
| (in average) | $392.00 | $234.70 | -40.0% |
Financials and fundamental analysis
Earnings date and Earnings per Share
After publishing its last earnings report on April, Tesla . Unfortunately, reported EPS is not yet available in our database.| Quarter | Reporting date | Estimated EPS | Actual EPS | Surprise |
|---|---|---|---|---|
| 2017-Q2 | - | n/a | -2.04 | n/a |
| 2017-Q3 | 2017-11-01 | -2.29 | -2.92 | n/a |
| 2017-Q4 | 2018-02-07 | -3.12 | -3.04 | n/a |
| 2018-Q1 | 2018-05-02 | -4.45 | -4.19 | n/a |
| 2018-Q2 | 2018-08-01 | -3.73 | -4.22 | n/a |
| 2018-Q3 | 2018-10-24 | -1.77 | 1.75 | n/a |
| 2018-Q4 | 2019-01-30 | 1 | 0.78 | -22.0% |
| 2019-Q1 | 2019-04-30 | 0.56 | n/a | n/a |
| 2019-Q2 | - | n/a | n/a | n/a |
| 2019-Q3 | - | n/a | n/a | n/a |
Annual financial results
In 2018, Tesla annual revenues boosted an exceptional 82.51% to $21,461.30 M USD from $11,758.80 marked in 2017. Similarly, its profit margin (compared to revenues) skyrocketed to -4.55%, that is $-976.09 million. To have an up to date view of the financial situation of Tesla, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Tesla TTM sales up to March 2019 were $22,593.97 and income was $-968.68 M USD. When comparing this TTM figures with the last reported annuality, we can review Tesla business evolution since December 2018: Annual revenues up to March, compared to lastest yearly report, soared a beatiful 5.28%. Instead, profit margin (net income/revenues) remained constant at -4.55%.| Year | Sales | YoY | Income/(margin) | YoY |
|---|---|---|---|---|
| 2013 | $2,010 M | - | $-74.01 M-3.7% | - |
| 2014 | $3,198 M | 59.12% | $-294.04 M-9.2% | 297.30% |
| 2015 | $4,046 M | 26.50% | $-888.66 M-22.0% | 202.23% |
| 2016 | $7,000 M | 73.01% | $-674.91 M-9.6% | -24.05% |
| 2017 | $11,759 M | 67.98% | $-1,961.40 M-16.7% | 190.61% |
| 2018 | $21,461 M | 82.51% | $-976.09 M-4.5% | -50.23% |
| TTM | $22,594 M | 5.28% | $-968.68 M-4.3% | -0.76% |
Quarterly financial results
Tesla posted $4,541.46 million in revenues for 2019-Q1, a -37.15% decline compared to previous quarter. Reported quarter earnings marked $-702.14 million with a profit margin of -15.46%. Profit margin collapsed a -17.39% compared to previous quarter when profit margin was 1.93%. When comparing turnover to same quarter last year, Tesla sales marked an outstanding growth and rocketed a 33.23%.| Quarter | Sales1 | QoQ2 | Income1/(margin) | QoQ2 |
|---|---|---|---|---|
| 2017-Q2 | $2,790 M | - | $-336.40 M-12.1% | - |
| 2017-Q3 | $2,980 M | 6.81% | $-619.38 M-20.8% | 84.12% |
| 2017-Q4 | $3,288 M | 10.34% | $-675.35 M-20.5% | 9.04% |
| 2018-Q1 | $3,409 M | 3.66% | $-709.55 M-20.8% | 5.06% |
| 2018-Q2 | $4,002 M | 17.41% | $-717.54 M-17.9% | 1.13% |
| 2018-Q3 | $6,824 M | 70.52% | $311.52 M4.6% | -143.41% |
| 2018-Q4 | $7,226 M | 5.88% | $139.48 M1.9% | -55.22% |
| 2019-Q1 | $4,541 M | -37.15% | $-702.14 M-15.5% | -603.38% |
Tesla ownership
When you are planning to invest in shares of a company, it's worth to review its ownership structure.Tesla shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 20.96% of all shares.
In case of Tesla stock, 58.40% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for TSLA stock account 0.00%, no big difference from last month.
For a better context understanding, the next table shows ownership data compared to other related stocks:
| TSLA | |
|---|---|
| Market cap | $92.0 B |
| Total shares | 180.2 M |
| Float shares | 142.1 M |
| - Institutional holdings (%) | 58.4% |
| - Insider holdings (%) | 21.0% |
| Shares in short selling | 0.0% |
Tesla summary
| Friday, January 17th, 2020 | |
|---|---|
| Open | $507.61 |
| Close | $510.50 |
| Day range | $503.16 - $515.67 |
| Previous close | $513.49 |
| Session gain | -0.58% |
| Average true range | $21.82 |
| 50d mov avg | $392.01 |
| 100d mov avg | $322.97 |
| 200d mov avg | $277.73 |
| Daily pattern | lt06a |
| Weekly pattern | lb03c |
Tesla performance
To better understand Tesla performance you must compare its gains with other related stocks in same sector or industry. In the following table, we compare Tesla to :| Stock | 3m | 6m | 12m |
|---|---|---|---|
| TSLATesla | 98.68% | 97.73% | 68.89% |
Tesla competitors
Unfortunately, we could not find any public company that could be defined as Tesla competitor. This doesn't mean Tesla does not have any competitor in the market, it's just we could not detected it.Latest Tesla stock news
- Seeking AlphaTesla: Cars, Batteries, And Solar RoofsAugust 1, 2019
- InvestorPlaceCan Tesla Stock Reward Investors?August 1, 2019
- Seeking AlphaTesla's Accomplishments Are Widely IgnoredAugust 1, 2019
- InvestorPlaceBulls and Bears Are Making Good Points on Tesla StockJuly 31, 2019
- InvestorPlaceTesla Stock Has Optimism, Needs ProfitabilityJuly 30, 2019