Funding: This analyst thinks Tesla is a $2,500 stock

✍ January 4 2022-9: 34

the Bull Tesla, inc. (NASDAQ:TSLA) Jane Munster, managing partner at Loup Funds, is optimistic that shares in the electric vehicle (EV) giant will continue to rise. Better results.

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In the long-term, Tesla shares are worth $2,500, according to the analyst. In addition to electric vehicles, the company has delved into the areas of power, autonomy, heating, ventilation and air conditioning, vertical takeoff and landing, or VTOL, and robots Just as shown.

According to the analyst, the trajectory of the stock over the next year cannot be predicted. In the long term, he added, Loeb’s valuation case is based on six times revenue in five years. This, according to Munster, is essentially in line with each individual’s multiple income hardwareAnd software and services Apple company (NASDAQ: AAPL).

Tesla is likely to go from $70 billion in revenue in 2022 to $400 billion in 2027, Monster estimates. Applying a sixfold multiplier to 2027 earnings results in a $2,500 share, the analyst said.

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It also expects Tesla to outperform its short-term delivery forecast. Tesla is likely to exceed consensus expectations of 1.2 million deliveries by 2022 and end the year between 1.2 million and 1.3 million vehicles, according to Monster.

via Benzinga in Spanish

photo from photography Vlad Chumbalov on Unsplash

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Aileen Morales

"Beer nerd. Food fanatic. Alcohol scholar. Tv practitioner. Writer. Troublemaker. Falls down a lot."

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