Tesla may be undervalued with strong growth indicators, but the 40 analysts following the company give it an rating of hold. Their target prices range from $115.0 to $500.0 per share, for an average of $306.32. At today's price of $320.84, Tesla is trading 4.74% away from its average target price, suggesting there is an analyst consensus of little upside potential for the stock.
Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. Based in Austin, TX, the Large-Cap Consumer Discretionary company has 125,665 full time employees. Tesla has not offered a regular dividend during the last year.
Tesla has a trailing twelve month P/E ratio of 188.7, compared to an average of 20.93 for the Consumer Discretionary sector. Considering its EPS guidance of $3.24, the company has a forward P/E ratio of 99.0.
Tesla is also overpriced compared to its book value, since its P/B ratio of 13.38 is higher than the sector average of 2.93. The company's shares are currently 939.7% below their Graham number, indicating that its shares have a margin of safety.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Revenue (M) | $24,578 | $31,536 | $53,823 | $81,462 | $96,773 | $97,690 |
| Gross Margins | 17% | 21% | 25% | 26% | 18% | 18% |
| Net Margins | -4% | 2% | 10% | 15% | 15% | 7% |
| Net Income (M) | -$862 | $721 | $5,519 | $12,556 | $14,997 | $7,091 |
| Net Interest Expense (M) | $685 | $748 | $371 | $191 | $156 | $277 |
| Depreciation & Amort. (M) | $1,370 | $1,570 | $1,910 | $2,420 | $3,330 | $4,120 |
| Diluted Shares (M) | 2,661 | 3,249 | 3,386 | 3,475 | 3,485 | 3,498 |
| Earnings Per Share | -$0.32 | $0.22 | $1.63 | $3.61 | $4.3 | $2.03 |
| EPS Growth | n/a | 168.75% | 640.91% | 121.47% | 19.11% | -52.79% |
| Avg. Price | $18.24 | $96.67 | $260.0 | $290.09 | $248.48 | $319.91 |
| P/E Ratio | -55.27 | 358.04 | 135.42 | 71.63 | 52.42 | 143.46 |
| Free Cash Flow (M) | $1,078 | $2,786 | $5,015 | $7,566 | $4,358 | $3,584 |
| CAPEX (M) | $1,327 | $3,157 | $6,482 | $7,158 | $8,898 | $11,339 |
| EV / EBITDA | 40.58 | 71.21 | 87.33 | 55.06 | 63.37 | 90.26 |
| Total Debt (M) | $11,801 | $10,220 | $5,342 | $2,045 | $4,657 | $7,878 |
| Net Debt / EBITDA | 4.25 | -2.57 | -1.45 | -0.88 | -0.96 | -0.74 |
| Current Ratio | 1.13 | 1.88 | 1.38 | 1.53 | 1.73 | 2.02 |
