Tesla's stock price is caught in a fierce battle between bulls and bears! Wall Street's major firms predict a polarized outcome: soaring or plummeting?
As Tesla's stock price rebounds after a significant drop, its future trajectory has once again sparked intense disagreement among analysts
According to the Zhitong Finance APP, as Tesla's (TSLA.US) stock price plummeted and then rebounded, its future trajectory has once again sparked intense disagreement among analysts.
HSBC has lowered its target price for Tesla to $130, indicating a potential decline of over 50% from the current stock price, as the bank believes the challenges facing this electric vehicle giant are not short-term issues.
Analyst Michael Tyndall wrote, "The current risks of weak sales were already planted before the recent brand crisis." His team analyzed that Tesla's older models in the Chinese market have lost competitiveness due to outdated driver assistance technology, while the brand's reputation in the European market has also been damaged, posing additional challenges.
Tyndall warned, "Tesla's consistent deviation from industry norms (such as refusing to lower prices and not making regular updates) has had limited impact so far, but as competition intensifies and brand value diminishes, the negative effects may accelerate."
Regarding the much-discussed Robotaxi business opportunity, Tyndall believes its realization cycle is too long to rescue the current stock price. He reminded investors that Tesla has historically faced issues with product delivery delays, and the threat of industry competition is increasing day by day.
In stark contrast, Wedbush Securities analyst Dan Ives maintains an "Outperform" rating and a target price of $550 ahead of Tesla's potentially disappointing first-quarter delivery data. He believes that despite recent adverse factors, Tesla's positioning in cutting-edge technologies such as autonomous driving, FSD, and robotics is creating an unprecedented bright future for the company. He wrote, "Over the past decade, we have witnessed several key turning points for Tesla, and this is an important moment for Musk to lead the company into a new future, although the road ahead remains full of challenges."
Data from the Seeking Alpha platform shows that recent analyst opinions are diverging—four out of the last five analysis reports hold a bearish stance, but considering 65 ratings in total, the overall market rating for Tesla remains "Hold."