Tesla, Inc. (NASDAQ: TSLA) is expected to reach its effects in the second quarter after the market closes on Monday, July 26.
In anticipation of this call for results, analysts at Barclays, Credit Suisse and Wedbush Securities gave a review of their expectations. Consensus estimates expect tesla’s BPA at the time of the quarter to be 96 cents.
Despite a bearish stance on Tesla shares, analyst Brian Johnson expects earnings to rise, pushing eps estimates for the cent quarter to $1. 08.
The company is greatly overrated, as it turns out from conversations with investors, especially bearish hedge fund managers, it turns out that many other people are starting to settle for Tesla’s major trading multiples, Johnson said.
Recent value increases will most likely outweigh pressures on charges, helping to drive progressive gains and higher profits, he said.
The delay in opening the German plant may lead to an increase in Chinese production and deliveries, as Tesla will likely ship European Y models from its Chinese plant, Johnson said.
With final Bitcoin around $ 34,000 likely above Tesla’s $ 32,000 to $ 33,000 diversity buyout, the company would likely not have to post a write-off, the Barclays analyst said.
The analyst raised its earnings and profit forecasts for the part of the year, remain under consensus.
Credit Suisse analyst Dan Levy expects earnings to rise, projecting EPS for the second quarter of $1. 34, according to Thursday’s note. The analyst highlighted 3 themes for Tesla’s next earnings report.
First, the progression of Tesla’s plants in Berlin and Texas is expected to particularly increase the company’s installed capacity, the analyst said. The European plant is for Tesla, as its good luck will identify Tesla’s long term in the economic region, he said.
Tesla is expected to end 2021 with a unit capacity of 1. 44 million games compared to its current capacity of 1. 05 million, Levy said.
Second, gross margins are expected to succeed by 25% (excluding loans) due to increases in corporate value and lower-than-expected commodity charge inflation, the analyst said.
In the long run, Credit Suisse remains unbiased with Tesla with a value target of $800.
Analyst Daniel Ives expects a BPA of 99 cents. Despite developing an electric car festival, Chinese public relations and protective considerations affecting chip demand and shortages, Tesla controlled the delivery of more than 200,000 cars in the June quarter, indicating the company’s strength and ability to increase its market share. , Ives said.
The points of interest for the timing of the quarter earnings call come with a forward-looking depreciation rate due to fluctuations in Bitcoin prices, the effects of the electric vehicle tax credit, the capabilities and delivery times of factories in Berlin and Germany. Austin, and updates on “the long-awaited innovations in battery generation through 2022,” the analyst said.
Looking ahead, Wedbush maintains its top performance score at Tesla with a value target of $1,000, basically due to the acceleration in global adoption of electric vehicles.
Photo courtesy of Tesla.