TeslaThe first quarter 2022 financial report is scheduled to be released after the U.S. stock market closes on April 20. On the eve of the financial report,Credit Suisse(Credit Suisse)ANALYSTDan Levy willTeslaThe target price rose by $100 in one fell swoop, citing optimismTeslaPay out your eyes againPerformance。
"Barrons" reported that Levy recently issuedResearch Report, gave Tesla a "Buy" rating, a target price of $1,125, and set an optimistic performance target. Tesla's first-quarter earnings per share can reach $2.54, higher than the Wall Street consensus forecast of $2.27.
The report pointed out that Tesla is likely to accomplish Levy's goal. In the fourth quarter of 2021, Tesla's earnings per share were US $2.54, and the number of vehicles delivered worldwide was approximately 309,000. In the first quarter, it increased to 310,000, which is expected to further increase profits. However, the recent surge in raw material prices, coupled with the shutdown of the Shanghai factory caused by China's "clearing", may be variables affecting Tesla's profit performance.
Levy wrote: "Margins remain the key focus amid high costs.", "Any comment by Tesla that margins are at risk may trigger a decline in the stock price." Levy lowered Tesla's full-year 2022 earnings per share estimate from $13 to $11.47.
According to Refinitiv data, Wall Street analysts on average expect Tesla's first-quarter revenue to reach $17.8 billion, an increase of more than 70% from the same period last year, but roughly the same as the previous quarter.
April 18th,Shang HaiSome key enterprises have been allowed to resume work, including Tesla's Shanghai Gigafactory, but they must adopt "closed production". All employees are not allowed to go out after entering the closed factory area and must work and live in the factory.
Deutsche Bank(Deutsche Bank) analyst Emmanuel Rosner released a report saying that the strict closed-loop management of Tesla's Shanghai factory is expected to be implemented until at least May 1, but rolling adjustments may be made depending on local regulations.
(Source of article: Shilun.com)
