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JPMorgan Analyst Predicts Tesla Stock Drop to 5 | FinOracle

JPMorgan Analyst Predicts Tesla Stock Drop to $115

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    JPMorgan Analyst Predicts Tesla Stock Drop to 5 | FinOracle

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JPMorgan Analyst Predicts Tesla Stock Drop to $115

JPMorgan analyst Ryan Brinkman rates Tesla stock a sell, valuing it at $115 per share due to high forward earnings and lower growth rate. (134 characters)

by Mark Eisenberg
Mon, Apr 22, 2024 12:42am
in Business
• 2 mins read
13.9k
JPMorgan Analyst Predicts Tesla Stock Drop to 5 | FinOracle

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Tesla Stock: A Divisive Analyst Outlook Amidst Market Volatility

As the electric vehicle giant Tesla navigates through turbulent market conditions, its stock continues to be a hot topic among investors and analysts alike. According to JPMorgan analyst Ryan Brinkman, the future might not be as bright, with a stark valuation of just $115 a share, positioning it firmly as a sell in his books. This stance starkly contrasts with the wider analyst community, showcasing a bewildering range of valuations for Tesla – from as high as $350 to a staggering low under $23 per share, the latter courtesy of GLJ Research.

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