Analyst Recommendations Split on Tesla Motors (NASDAQ:TSLA)

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Analysis

Tesla Motors (NASDAQ:TSLA) last traded at $193.56 after moving down -1.44% for the trading day. The company last released their quarterly earnings results on 11-03-15 for the period ended Sep-15. The company reported earnings of -$1.01 against a Zack’s research estimate of -$0.71. This represents a 42.25% surprise on the expected result. [Trend Analysis]

The current average broker recommendation for Tesla Motors, according to Zack’s research, is 3.00, based on 16 broker ratings. With 1 being a strong buy and 5 being a strong sell, this means that on a consensus basis, analysts currently see Tesla Motors as a hold. The 12 month target consensus price estimate among these analysts for Tesla Motors is currently at $278.82.

Out of the 16 broker recommendations for TSLA, 3 recommend it as a strong buy, 2 as a buy, 6 as a hold 2 as a sell and 3 as a strong sell.

For the current quarter, the consensus analyst estimate for Tesla Motors (NASDAQ:TSLA) is -$0.34, with analysts expecting year on year growth for the company of 29.17%

About Tesla Motors (NASDAQ:TSLA)

Tesla Motors, Inc. designs, manufactures, and sells electric vehicles and electric vehicle powertrain components.

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