The Tesla share price on October 27, 2022, 3:20 pm on the NASDAQ GS stock market is USD 224.64. The title is associated with the “car manufacturer” branch.
Using a proven plan, we rated Tesla at the current rate. Stocks are evaluated on 7 factors, each of which is assigned a “Buy”, “Hold” or “Sell” rating. This leads to an overall evaluation in the final stage.
1. Analyst rating: Analysts currently rate Tesla stock as a “Hold”. This rating includes 16 “buy”, 7 “hold” and 5 “sell” ratings that were submitted in the last twelve months. A look at the past month shows. 9 buy, 4 hold and 0 sell recommendations are recent. From an institutional perspective, the stock is considered a short-term “buy” stock. According to the analysts’ average price forecast ($433.15), the stock has a potential upside of 92.82 percent (from the last close price, $224.64), which corresponds to a “buy” recommendation. Overall, Tesla receives a “Buy” rating for this part of the analysis.
2. Basis: The price-to-earnings (P/E) ratio is a key metric used to evaluate a company’s earnings strength and performance compared to one or more peers. Tesla’s current P/E ratio is 103.92. Comparable companies in the “automotive” industry have an average price-earnings ratio of 39.4. From a fundamental perspective, Tesla is overvalued as it is today. The stock therefore receives a “Sell” rating from the editors in this category.
3. Investors: Investor sentiments are based on discussions and interactions of market participants on social networks related to the stock market. Tesla has been well discussed in the last two weeks. In five days, the discussion had a positive theme, while in four days negative communication dominated. In the last day or two, however, it is the negative issues that investors are interested in. Based on this weather picture, the stock gets a “hold” rating today. A detailed and direct analysis of the communication has shown that “buy” signals have been at the forefront in recent days. This gives Tesla an overall “buy” rating according to the Investor Sentiment Barometer.
Buy, hold or sell Tesla?
How will Tesla grow now? Is entry worth it or should investors sell instead? Find the answers to these questions and why you need to act now in the latest Tesla analysis.