Tesla Inc (NASDAQ:TSLA) traded at $317.38 at last check on current trade day and made an upward move of 6.41% on its previous day’s price.
Tesla Inc has a market cap of $1020.84 billion and is expected to release its quarterly earnings report in June.
On the other hand, looking at the outlook for the TSLA stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 50% Sell.
Based on estimates by 38 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 11 have rated the Tesla Inc (TSLA) stock as a Hold, while 23 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 4 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the TSLA stock currently stands at 8.43, and the most recent price level today is 17.33% off its SMA20 and 21.39% from its 50-day simple moving average. The RSI (14) is pointing at 66.21 while the volatility over the past week is 3.66% and jumps to 5.45% over the past one month. The beta value is 2.45, while the average true range (ATR) is currently pointing at 18.05. The average price target for the stock over the next 12 months is $357.5, with the estimates having a low of $137 and a high of $450. These price ends are 56.83% and -41.79% off the today’s price level respectively, although investors could be excited at the prospect of a -12.64% if the TSLA share price touches on the median price of $357.5.
