Tesla stock closed higher, outperforming S&P 500, with positive analyst forecasts

From NASDAQ: 2025-03-20 17:45:18

Tesla (TSLA) closed at $236.26, up 0.17% from the previous day, outperforming the S&P 500. The stock has seen a 34.59% loss in the past month, underperforming the sector and the S&P 500. Analysts project an EPS of $0.56 and revenue of $23.66 billion in the upcoming earnings report.

Tesla’s Zacks Consensus Estimates forecast earnings of $2.94 per share and revenue of $110.01 billion for the full year. Recent analyst revisions reflect optimism about the company’s profitability. Tesla currently holds a Zacks Rank #3 (Hold) and is trading at a premium compared to industry averages.

A top semiconductor stock recommended by Zacks is poised for growth in AI, Machine Learning, and IoT markets. With strong earnings growth and a growing customer base, the stock is positioned to benefit from the projected growth of the global semiconductor market. Investors can access this stock recommendation for free on Zacks.com.



Read more at NASDAQ: Tesla (TSLA) Gains As Market Dips: What You Should Know