Tesla Stock Predictions: Summary

• Tesla Stock Predictions: The larger losses and increased spending seem to be all investors are noticing after the most recent earnings report.
• Car sales appear like they will meet expectations for the year, signifying huge growth and positive cash flow will come in time.
• The stationary battery package has been a huge hit so far, with crazy demand signifying it could increase Tesla’s valuation in the long-term.
• I Know First is bullish on Tesla in the long-term, while it acknowledges the stock will struggle in the short-term before the Model X is released and the Gigafactory is.

Algorithmic Analysis

The forecast shown in the Seeking Alpha article is for the long-term time horizons of three months and one year. These forecasts are bullish, especially the one-year forecast with a strong signal strength of 193.02 and predictability of 0.52. When the Model X ramps up production and the stationary battery market comes more into focus, the stock price will soar. While this point in time might not be perfect for this stock, investors should be prepared to buy it ahead of the release of the Model X, as the resulting excitement and increased sales will cause the stock price to soar, just as the company’s Gigafactory vastly increases production capabilities.

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I Know First Research is the analytic branch of I Know First, a financial start up company that specializes in quantitatively predicting the stock market.