Las Elon Musk adventures, CEO of Teslain the White House They have cost the company’s shares expensive. Without forgetting the fall in sales. But the listed RBC Capittal Markets, Tom Nayhas pointed out that the mass sale is exaggerated And that has gone too far. The expert has reiterated his qualification of «overcome» and raised its target price to the $ 319according to Francisco Velásquez in Yahoo Finance.
«We believe that there is a strong demand for products even in the face of the growing competition of electric vehicles,» Narayan wrote. «The leadership of Tesla, its benefits, its generation of cash and its currency are a key advantage that helps you finance your growth.»
RBC values the Main Tesla Automobile Business in 1x salesbut grants a weighting higher than its long -term investmentssuch as megapack energy storage systems, autonomous driving and artificial intelligence. The company applies a 15x multiple to the estimated EBITDA for 2040 for Megapacks and a 10x multiple to the revenues of future Robotaxi operations and humanoid robots of Tesla.
The long -term panorama, Narayan argued, justifies to maintain the position during the current crisis. However, not everyone accepts it.
Tesla’s actions have fallen more than 20% year -on -year. According to Adam Turnquist, Chief technical strategist of LPL Financialshort -term technical indicators suggest new falls For action. The action also presents a lower performance than their competitors of the «seven magnificent», such as Nvidia and Meta, which have risen 16% and 20%, respectively.
The recent financial results of Tesla have not helped improve trust. Tesla reported in the second quarter that sold 384,122 cars, a 13.5% year -on -year drop. The decrease in the demand for electric vehicles and the political incursion of the CEO Elon Musk have caused boycott and protests, which has generated skepticism among some analysts about a short -term recovery of the company.
Even so, Narayan sees an opportunity. RBC projects that Tesla’s revenues will rebound up to 111 billion dollars by 2026compared to 93,500 million dollars estimated for this year. It is expected that Action -adjusted profits (EPS) increase in that period of $ 1.99 in 2025 to 2.99 dollars in 2026. These profits would be driven by the expansion of production, the launch of new products and a greater growth of the margins in non -automotive businesses.
Narayan also pointed out a possible impulse of the robotaxi of Tesla, which could revitalize the enthusiasm of investors around their ambitions of total autonomous driving. «Tesla is the perfect example of electric vehicles,» RBC argued. The Piper Sandler Analysts They recently described the company as the «More transformative company in the automotive sector»pointing out that, in the long term, «It will probably succeed.»
Even so, RBC warns various riskssuch as gains volatility, cost inflation and difficulties in the supply chain. The firm also points out that Tesla’s business is «cyclic» and vulnerable to broader economic decelerations, especially if the increase in interest rates or geopolitical crises affect consumer spending.
And, of course, there is Elon Musk. The Tesla CEO has been the subject of a new scrutiny after publishing political and divisive comments online, which has generated doubts about the governance of the company and the solidity of the brand in the long term. This unpredictability remains an unpredictable factor for investors. For now, RBC remains firm.
«The results of the company and quarterly could be irregular due to synchronization and various manufacturing problems, which could cause volatility in the price of shares,» Narayan said. However, «Tesla is a growing company.»
Tesla It lies downward on Wednesday afternoon at $ 295.85. The 70 -period mobile average is on the weekly candles, RSI downward in the 41 points and the MACD lines barely cross below the zero level.
Medium -term support is found at $ 222.79. Meanwhile, IE indicators are mixed.