Our $2,200 Tesla Price Target Explained
How we nailed our Tesla price target by applying our Analyst program skills
OVERVIEW
This educational lecture shows our Stock Analysis Process after Tesla, Inc. reported Q2 earnings update. Get insight into the role of a stock analyst applying fundamental and technical analysis skills. The background story: Tesla stock in the first half of 2020 posted strong financial performance during a challenging market environment due to COVID-19. The stock is up 263% YTD as of July 27, 2020. Tesla expects to deliver over 500k vehicles and continue its path to sustainable profits. After reviewing Q2 earnings and with new information to analyze the company, we arrived at a BUY rating and a $2,200 price target.
TOPICS COVERED
- Company due-diligence
- Financial statements modeling
- Discounted cash flow
- WACC
- Comparable company analysis
