Tesla

Tesla TSLA Consensus Earnings Expectations for Q2 2021

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Tesla (NASDAQ: TSLA) will post its financial results for Q2 2021 after market close on Monday, July 26, 2021. The company's management will hold a live question and answer webcast that day at 2:30 p.m. Pacific Time (5:30 p.m. Eastern Time). It will be a great opportunity for analysts and investors to gain insight into the manufacturer's upcoming vehicles, the construction progress of factories, and the impact of chip and parts shortages, as well as rising commodity prices.

Analysts have a consensus $686.94 12-month price target on Tesla, via a total of 38 analysts, with eight analysts having strong buy ratings, according to The Deep Dive. Six analysts have buy ratings, 15 have hold ratings, five analysts have a sell rating and four have strong sells on the company. The street high comes from Elazar Advisors with a $1,471 price target, and the lowest target sits at $67 from GLJ Research.

22 analysts have revenue estimates for Q2 2021. The mean revenue estimate between all 22 analysts is $11.299 billion; this number has been flat since the start of the year. The highest revenue estimate is $12.827 billion, while the lowest is $9.5 billion.

Onto EBITDA estimates, there are currently 11 analysts who have second-quarter EBITDA estimates. The mean is currently $2 billion, with this number being flat since the start of the year. The street high estimate currently sits at $2.5 billion in EBITDA and the lowest is $1.5 billion.

Analysts estimate that quarterly earnings per share will come in at $0.98, with this number being flat since the start of the year. Street high is $1.34 and the lowest estimate is $0.62 per share for the quarter.

 

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This article is for informational purposes only. You should not construe any such information or other material as an investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by Eva Fox, Tesmanian, or any third party service provider to buy or sell any securities or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction.

Eva Fox holds zero shares of Tesla, Inc., and currently (at the time of this article's publishing) holds zero options or securities in Tesla Inc. and/or its affiliates.

About the Author

Eva Fox

Eva Fox

Eva Fox joined Tesmanian in 2019 to cover breaking news as an automotive journalist. The main topics that she covers are clean energy and electric vehicles. As a journalist, Eva is specialized in Tesla and topics related to the work and development of the company.

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