Stock Forecast Based On a Predictive Algorithm | I Know First |TSLA Stock Forecast Archives - Stock Forecast Based On a Predictive Algorithm

TSLA Forecast: A Ride to the Future.

November 27, 2023

This TSLA Stock Forecast article was written by Milana Papadopoulou – Financial Analyst at I Know First.

Highlights

TSLA Stock is currently undervalued.
The fair value of the stock is around the $300 mark.
Aided by its proprietary AI and new model releases, Tesla is bound to experience growth in the coming year.
The forecast is in line with the algorithmic signal.

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TSLA Stock Forecast: Overcoming Adversity– A Rose From Concrete

June 19, 2023

This TSLA Stock Forecast article was written by Anastasia Makuyev – Quantitative Analyst at I Know First.

Summary

Tesla's quarterly revenue data reveals a seasonal trend. The company generates the highest profits during the third and fourth quarters, possibly due to increased holiday season car sales.
The electric vehicle industry is witnessing significant growth. While Tesla, as an industry leader, will face increasing competition, it is expected to maintain its position and drive innovation. Tesla's plans involve rapidly growing production, reducing costs and increasing software-related profits.
Employing a machine learning algorithm, we conducted a time series analysis to predict Tesla (TSLA) stock price movement. The algorithm suggests that TSLA is poised for a rapid climb in the short term, potentially reaching a price target of $324.49 within a year.

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Tesla Stock Predictions: Cash-in Your Profits On TSLA

April 22, 2020

The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary

The stock-picking Artificial Intelligence of I Know First still touts a super bullish one-year forecast score for Tesla.
My takeaway is that we should play it safe. Cash-in your profits on TSLA right now. After this, wait for cheaper windows to make another re-buy.
The lingering COVID 19 pandemic is a headwind for Tesla this year. The huge cash position of Tesla won’t save it from a pandemic-induced recession.
The cheapness and oversupply of oil in the global market means companies/individuals are now less enthusiastic about electric vehicles.
As long as there is no vaccine for the coronavirus that causes COVID 19, Tesla will it find challenging to deliver 500k cars in 2020.

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Tesla Stock Predictions: Greater Efficiency Is Compelling Reason To Go Long On Tesla

October 28, 2019

The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary

I reiterate my March 3 buy recommendation for Tesla. In spite of -12% YoY lower Q3 revenue, the stock is again trading above $326.
Investors like it that greater efficiency is helping Tesla become more profitable. Reduced manufacturing and material costs makes Tesla a better long-term investment.
Tesla is now generating most of its sales from its cheapest car model, the Model 3. It still managed to deliver a better-than-expected Q3 GAAP net profit of $143 million.
Tesla manufactured and delivered almost 80k Tesla 3 models in Q3 2019. Tesla’s future prosperity is now insured – Tesla is now a legitimate consumer car vendor.
Another tailwind is Tesla 3rd generation Solar Roof. Tesla is now poised to become the world’s best installer of solar power roofing.

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Tesla Stock Forecast: Transforming the Future

June 19, 2019

This article was written by Talia Shakhnovsky, a Financial Analyst at I Know First.

Tesla Stock Forecast: Transforming the Future

“There is not a demand problem. Sales have far exceeded production…We have a decent shot at a record quarter on every level”
– Elon Musk, Tesla CEO at 6/11/2019 Annual Shareholder Meeting

Summary:

Despite decreasing vehicle sales, global demand for electric vehicles is growing; Tesla is attempting to enter the global market by building a Gigafactory in China.
From the first quarter of 2018 to the first quarter of 2019, Tesla’s revenue grew by 32.23%, surpassing automotive industry revenue (-1.61%). Tesla’s expected annual growth of 68% also exceeds the auto industry’s expected growth of 22%.
At Tesla’s annual shareholder conference, CEO Elon Musk discussed continuing demand, Tesla’s acquisition of battery company Maxwell Technologies, and the new semi pickup truck among other developing technological advances like fully autonomous vehicles.
Tesla’s financial statement supports a long term bullish outlook, with a potential June 2020 share-price of $333.

TESLA Logo – Source: Wikimedia

Current Automotive Market Trends Overview

The bull market of today is the longest period of uninterrupted gains in American history. While the Federal Reserve is unlikely to cut interest rates at the moment, it has signaled that it is open

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Tesla Stock Forecast: Why Tesla’s Stock Has Improved – Upside Potential

February 6, 2019

The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary:

Tesla’s stock has 5-day return of more than 5%. I am still endorsing the stock as a buy right now.
Tesla is now profitable and has a positive quarterly cash flow. It is now finally starting to fulfill its super high valuation.
The recent all-stock purchase of Maxwell Technologies boosted Tesla’s future as a battery/power storage company.
Maxwell Technologies has one of the best patents and intellectual properties on ultracapacitors. Ultracapacitors are like batteries – they store electrical energy.
TSLA has a bullish one-year market trend forecast score from I Know First.