How Much Are Tesla Shares Worth? Get the Latest Stock Prices!

Tesla shares are currently valued at $229.65, down slightly by 0.23% from the previous close. You'll notice the stock's day range fluctuates between $222.25 and $235.00, indicating some intraday volatility. Despite a year-to-date decline of 7.37%, the shares sit 165.27% above their 52-week low of $138.80. The company boasts a market cap of roughly $700.94 billion. Analysts generally recommend a 'Buy' rating, with a median price target around $225.93. For a deeper understanding of Tesla's market movements and analyst forecasts, stay with us for more insights.

Key Takeaways

• Current stock price of Tesla is $229.65, showing a slight decrease of 0.23% from the previous close.
• Day trading range for Tesla shares fluctuates between $222.25 and $235.00, indicating intraday volatility.
• Tesla's market capitalization stands at approximately $700.94 billion, reflecting its significant presence in the electric vehicle market.
• Year-to-date performance shows a decline of 7.37%, with shares still 165.27% above their 52-week low of $138.80.
• Analyst consensus rating for Tesla is 'Buy', with a median price target of $225.93 for the shares.

Current Stock Price Overview

Tesla's current stock price stands at $229.65, showing a slight dip of 0.23% from the previous close of $230.17. This decline reflects the ongoing fluctuations in the stock market, with Tesla's shares experiencing a year-to-date performance decline of 7.37%.

Understanding these common financial terms can aid investors in making informed decisions. You might find it interesting that the stock price has seen a 52-week range of $138.80 to $278.98, indicating significant volatility over the past year.

Today, Tesla's stock has traded in a day range between $222.25 and $235.00, showcasing the intraday volatility that can impact your investment decisions. With a trading volume currently at 119.12 million shares, this is 125% of its average volume of 95.07 million, suggesting heightened investor interest.

As it stands, Tesla's market capitalization is approximately $700.94 billion, with about 3.19 billion shares outstanding. This substantial market cap reflects its prominence in the automotive and tech industries.

Keeping an eye on these stock movements and performance metrics can help you navigate your investment strategy effectively.

Tesla's Market Capitalization

With a market capitalization of approximately $700.94 billion, Tesla stands out as a major player in the electric vehicle sector. This valuation reflects Tesla's substantial presence and influence in the automotive industry. Currently, there are 3.19 billion shares outstanding, which plays a significant role in determining the stock's overall market valuation.

Tesla's market cap has experienced fluctuations, particularly as investor sentiment shifts and market conditions change. Year-to-date, the stock has seen a decline of about 7.37%, which has impacted its market capitalization. Despite these fluctuations, Tesla remains one of the top contenders against both traditional automakers and newer electric vehicle companies.

Here's a breakdown of Tesla's market capitalization:

Understanding Tesla's market capitalization is essential for investors and enthusiasts alike, as it highlights the company's standing amidst the growing competition in the electric vehicle market.

Year-to-Date Performance Analysis

How has Tesla's stock performed this year? Tesla's year-to-date performance shows a decrease of 7.37%, reflecting the challenges in the stock market and shifts in investor sentiment.

Currently, the stock price stands at $229.65, considerably below its 52-week high of $278.98 reached on September 15, 2023. This decline might be concerning, but it's important to note that shares are still 165.27% above their 52-week low of $138.80, indicating a substantial recovery from that point.

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Today, Tesla's stock has seen a high trading volume of 119.12 million shares, which is 125% of the average volume, showcasing heightened market activity. This surge in trading could signal increased investor interest, even amidst the overall decline in the stock price.

Analysts maintain a mixed outlook on Tesla, with a consensus rating that includes a blend of buy, hold, and sell ratings. This ambiguity reflects the varying market conditions and the challenges the company faces moving forward.

Keeping an eye on these factors will be vital as you navigate Tesla's stock in the coming months.

Analyst Ratings Breakdown

The mixed performance of Tesla's stock this year has naturally led to various opinions among analysts. Currently, 92 analysts cover Tesla, and the consensus rating is categorized as a 'Buy'. Out of these, 50 analysts have issued a 'Buy' rating, suggesting confidence in Tesla's future growth.

Meanwhile, 27 analysts hold a 'Hold' rating, indicating a more cautious approach, and 15 analysts have a 'Sell' rating, reflecting concerns about the stock's potential. As investors seek to diversify their portfolios, some may evaluate alternative investments like Gold IRAs for stability and inflation hedging, which can complement stock holdings and enhance overall financial resilience.

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The median price target for Tesla shares stands at $225.93, which serves as an expected price level that analysts anticipate in the near future. However, there's a wide range of estimates; the highest price target reaches $350.00, while the lowest is set at $115.00.

Recent actions in the stock market show that Wedbush and Piper Sandler have maintained their 'Buy' ratings, reinforcing positive sentiment. On the other hand, New Street Research downgraded Tesla to 'Hold' with a target of $225.

This mix of analyst ratings showcases the diverse perspectives on Tesla's potential, making it essential for investors to weigh these insights when making decisions.

Recent News Impacting Tesla

You might've noticed Tesla's stock reacting to the latest developments in its self-driving technology, which has sparked both excitement and caution among investors.

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Market sentiment is shifting, especially with discussions around Elon Musk's potential government role and Tesla's expansion plans in Europe and China.

These factors are reshaping the competitive landscape and influencing how analysts view Tesla's future.

Self-Driving Technology Developments

As Tesla continues to push the boundaries of self-driving technology, recent news has sparked investor enthusiasm, driving up the company's stock prices. The rollout plans for its self-driving technology in Europe and China have garnered positive market reactions, reflecting strong investor confidence in Tesla's future growth.

Many analysts, while cautious, recognize that advancements in self-driving technology could be pivotal in shaping the company's long-term stock performance. Additionally, as more investors explore free crypto opportunities, they may find innovative ways to diversify their portfolios alongside traditional stocks like Tesla.

Tesla's commitment to autonomous driving systems is critical for maintaining its competitive edge in the electric vehicle market, especially against rivals like General Motors and NIO. Investors are keenly aware that the success of these initiatives could dramatically influence Tesla's revenue potential and overall market position.

Despite mixed ratings from analysts, the prevailing sentiment leans toward optimism regarding the company's self-driving developments.

In this dynamic landscape, the integration of cutting-edge self-driving technology not only enhances the driving experience but also positions Tesla as a leader in innovation.

For you as an investor, keeping an eye on these developments could provide insights into the company's trajectory and the potential for long-term gains in Tesla's stock performance.

Market Sentiment Shifts

Recent developments in Tesla's self-driving technology have stirred significant market reactions, reflecting shifting sentiments among investors. Evaluating Bitcoin IRA Suitability can provide insights into how emerging technologies, like those from Tesla, might affect investment strategies.

Currently, Tesla stock sits at $229.65, showing a slight decrease of 0.23% amid mixed market sentiments. However, recent news about the rollout of this technology in Europe and China has positively influenced stock performance, resulting in a 4.90% increase in just one day.

Despite a year-to-date decline of 7.37%, many investors remain optimistic about Tesla's potential in the electric vehicle market. CEO Elon Musk's involvement in potential government roles has also added to the stock's appeal.

Yet, analysts maintain a cautious stance, with 57 ratings ranging from Buy to Sell, underlining the mixed consensus surrounding Tesla stock.

With a market cap of approximately $700.94 billion, Tesla continues to be a significant player despite competitive pressures from companies like Toyota and General Motors.

As you navigate the fluctuating landscape, it's crucial to stay informed about these shifts in market sentiment and how they might impact your investment decisions in Tesla stock.

Competitive Landscape Changes

Maneuvering the competitive landscape, Tesla faces mounting pressures from both established automakers and emerging electric vehicle manufacturers.

With Tesla shares recently fluctuating due to news about self-driving technology rollouts in Europe and China, investor sentiment has shifted, albeit positively. Currently, the stock price stands at $229.65, reflecting a year-to-date decline of 7.37%.

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Here are some key points to reflect on:

• Tesla's market capitalization is around $700.94 billion, keeping it a leading player in the electric vehicle sector.
• Traditional competitors like Toyota and Volkswagen are ramping up their EV offerings, creating a more crowded market.
• Emerging manufacturers, such as NIO Inc., have shown significant stock price increases, intensifying competition.
• Discussions around Elon Musk's potential role in a government efficiency panel are generating additional market interest.
• Mixed analyst consensus on Tesla's future adds uncertainty to the stock's trajectory.

As the competitive landscape evolves, these factors will likely impact Tesla's positioning and how investors perceive its growth potential in the electric vehicle market.

Adapting to these challenges will be essential for Tesla to maintain its leadership status.

Tesla's Competitive Landscape

Tesla faces stiff competition in the electric vehicle (EV) market from both established giants and emerging players. Major automakers like Toyota, Volkswagen, and General Motors are ramping up their efforts in the EV sector, while new entrants like NIO Inc. are also making waves.

The automotive segment includes a range of electric vehicles that cater to diverse consumer needs, intensifying the competition. As consumer preferences shift towards personalized experiences, this demand parallels trends seen in other industries, such as AI-driven platforms, which are also catering to diverse preferences.

As of October 2023, Tesla boasts a market capitalization of around $700.94 billion, considerably overshadowing competitors like General Motors and NIO. However, it's not just about market cap; innovation plays an essential role. Tesla's focus on self-driving technology and sustainability sets it apart in a crowded market.

The sales of automotive regulatory frameworks are evolving, which could impact how Tesla and its rivals navigate the competitive landscape. With growing EV adoption in the U.S. and China, Tesla's strong position is challenged by local manufacturers.

Analyst ratings reflect a cautious sentiment as the market conditions shift, highlighting the need for Tesla to maintain its growth trajectory amid fierce competition. The landscape is dynamic, and your investment strategy should consider these competitive factors.

Financial Performance Highlights

With a revenue jump of 18.80% in 2023, Tesla showcases its resilience in a competitive market, bringing in $96.77 billion. This impressive growth highlights the company's ability to adapt and thrive despite industry challenges.

Additionally, the rise in consumer demand for electric vehicles aligns with the broader trends in sustainability and responsible investing, further enhancing Tesla's market position.

• Net income reached $15.00 billion, a remarkable 19.20% increase from the previous year.
• Gross profit for 2023 was $17.66 billion, although it did represent a 15.31% decrease from 2022.
• Tesla's stock price is currently at $229.65, reflecting a year-to-date decrease of 7.37%.
• The company's P/E ratio stands at 64.70, suggesting a relatively high valuation compared to its earnings.

Such financial performance underscores Tesla's position as a leader in the automotive industry.

These figures paint a picture of a company that continues to generate substantial revenue and profit, despite fluctuations in gross profit and stock value.

Investors should keep an eye on these metrics as they reflect Tesla's ongoing financial health and market strategy. Understanding these highlights can help you gauge the potential for future growth and investment opportunities with Tesla shares.

Upcoming Company Events

Tesla's upcoming earnings report on October 16, 2024, is a key event you won't want to miss, especially with analysts predicting an EPS of $0.61 and revenue of $25.68 billion.

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After a disappointing surprise last quarter, you'll want to keep an eye on how these predictions compare to actual performance.

This report will provide important insights into Tesla's financial health and future trajectory.

Earnings Report Date

As investors enthusiastically await the upcoming earnings report scheduled for October 16, 2024, expectations are high for Tesla's financial performance. This report is essential for evaluating the company's growth trajectory and will reveal key metrics that could influence stock prices.

With the potential for best ways to make money online through investing in stocks, understanding Tesla's performance is critical.

• Analysts project earnings per share (EPS) at approximately $0.61.
• Revenue is estimated to reach $25.68 billion.
• The previous quarter's EPS was reported at $0.52, marking a surprise of -15.29%.
• Insights from this report will shed light on Tesla's operational efficiency.
• Investors will closely monitor how actual results align with expectations.

With the anticipation building, you should keep an eye on these figures, as they can greatly impact your investment decisions.

The upcoming earnings report won't only reflect Tesla's current standing but also provide a glimpse into future performance. As you evaluate your portfolio, consider how these earnings and revenue estimates might play into your strategy.

Make sure you're prepared to react to the data once it's released, as it can lead to volatility in Tesla's share prices immediately following the report.

Analyst Predictions Overview

Analyst predictions surrounding Tesla's upcoming earnings report are generating considerable interest in the investment community. Scheduled for October 18, 2024, this report is expected to reveal an estimated EPS of $0.61 and revenue projected at $25.68 billion. Given the current share price of $229.65, a year-to-date decline of 7.37% raises questions about future performance.

Here's a quick overview of analyst ratings and price targets:

The mixed outlook from 57 ratings reflects diverse analyst predictions, suggesting investors should stay alert. Recent trading activity shows heightened investor interest, with an average volume of 95.07 million shares and a current volume of 119.12 million. As the earnings report approaches, keep an eye on how these factors could influence Tesla's stock performance and overall revenue projections.

Stock Trading Activity

Trading activity for Tesla shares has been particularly dynamic, with the stock currently priced at $229.65 after a slight dip of 0.23% in the latest session. The trading volume for Tesla has surged to 119.12 million shares, markedly above the average volume of 95.07 million, indicating heightened investor interest.

• The stock's day range fluctuated between $222.25 and $235.00, showcasing its volatility.
• Year-to-date stock performance shows a decline of -7.37%, reflecting a challenging market environment.
• Tesla's market capitalization is a staggering $700.94 billion, with 3.19 billion shares outstanding.
• High trading volume often correlates with increased price volatility, impacting your investment decisions.
• Monitoring trading activity can provide insights into market sentiment and potential price movements.

Understanding the trading activity around Tesla shares is vital for evaluating their stock performance.

With the current market dynamics, staying informed can help you make more strategic investment choices.

Whether you're a seasoned trader or just starting, keeping an eye on these factors will enhance your grasp of Tesla's position in the market.

Key Financial Ratios

Understanding key financial ratios is essential for evaluating Tesla's stock performance and overall financial health. One of the most important metrics to take into account is the Price-to-Earnings (P/E) ratio, which currently stands at 64.64. This indicates how the market values Tesla relative to its earnings. A high P/E ratio suggests that investors expect significant growth in the future.

Next, take a look at Tesla's Earnings Per Share (EPS), which is $3.56. This figure reflects the company's profitability on a per-share basis, providing insight into its financial efficiency. Additionally, Tesla's EBITDA is reported at $12.22 billion, showcasing its operational performance before accounting for interest, taxes, depreciation, and amortization.

You should also evaluate Tesla's net margin, which is 13.07%. This percentage measures how much profit remains after all expenses are deducted from revenue, giving you a clearer picture of its profitability.

Moreover, the forward P/E ratio is projected at 82.23, indicating that the market anticipates future earnings growth. These financial ratios collectively offer a thorough overview, helping you make informed investment decisions regarding Tesla's stock.

Frequently Asked Questions

What Is a Realistic Price for Tesla Stock?

To determine a realistic price for Tesla stock, consider its recent performance, analyst ratings, and industry trends. With a median target around $225.93, keep an eye on market dynamics for informed investment decisions.

Is Tesla a Buy Hold or Sell?

When considering Tesla, you should weigh mixed analyst ratings and the current market conditions. If you believe in its long-term potential, you might hold or buy, but if uncertain, selling could be wise.

What Is the Prediction for Tesla Stock?

Analysts predict Tesla's stock could reach a median target of $225.93, amid mixed opinions. With self-driving tech advancements and strategic growth, you might want to keep an eye on its performance this year.

What Is Fair Market Value for Tesla Stock?

To determine Tesla's fair market value, you should consider its current price, earnings potential, and market trends. Analysts suggest a median target around $225.93, but opinions vary widely based on future growth expectations.

Conclusion

As you ride the electric wave of Tesla's stock, remember that its value can shift like the wind. Keep an eye on the market currents, and don't let the noise drown out the signal. With analysts buzzing and news sparking like fireworks, your investment journey could light up with potential. Stay informed, stay agile, and you might just find yourself cruising toward a brighter financial horizon. Ready to buckle up for the ride?

Sophia Martinez

Sophia has a keen eye for automotive aesthetics and a passion for helping car owners express their personal style through their vehicles. With years of experience in designing custom body kits, spoilers, and carbon fiber parts, Sophia brings a wealth of knowledge to our appearance tuning section. Her articles and recommendations are perfect for anyone looking to make their car stand out on the road or at a show.