Tesla Stock Faces Steepest Drop in Nearly 7 Weeks as Goldman Sachs Warns on Profitability
Yahoo Finance ·
Tesla shares declined 5%, heading for their largest single-day loss in almost seven weeks. Goldman Sachs reaffirmed its Neutral stance and $360 price target, cautioning that elevated operating expenses and capital expenditures could strain near-to-medium-term profitability and free cash flow. For the third quarter, Tesla posted revenue of $28 billion, missing the consensus forecast of $28.3 billion, though adjusted earnings per share of $0.48 outperformed the expected $0.45. Adjusted net income dropped 4% to $1.7 billion, and capital expenditures surged to $4.7 billion. Additionally, Tesla trimmed its fiscal year 2026 capital expenditure guidance to $20 billion from over $25 billion. Wall Street offered mixed reactions regarding autonomous driving and energy storage prospects, while retail sentiment on Stocktwits remained optimistic despite the sell-off.
AI 시장 분석
Tesla reported Q3 revenue of $28.0 billion, missing the $28.3 billion estimate, while adjusted net income fell 4% to $1.7 billion. Goldman Sachs warned that increased operating expenses and capital expenditures will pressure profitability and free cash flow in the near term. The stock dropped about 5%, marking its largest decline in seven weeks.
상승 영향
- AI — New vehicle FSD adoption rates in North America exceeding 75% raise long-term growth expectations for the autonomous driving and software sectors.
- EV — Firms like UBS and Piper Sandler raised their price targets based on expanding demand for FSD and energy storage, receiving support from major financial institutions.
하락 영향
- EV — Q3 revenue missed estimates, and increased operating expenses and capex are projected to pressure short-term profitability and free cash flow.
DYAX 전담 분석
In Tesla's Q3 results, revenue missed expectations, but earnings per share (EPS) came in at $0.48, beating the estimated $0.45. Goldman Sachs maintained a Neutral rating, citing intensifying competition in the EV and autonomous driving sectors alongside high cost burdens, which is increasing downward pressure on the stock in the near term.
The bullish scenario involves achieving an earnings rebound in 2027-2028 driven by higher FSD adoption rates and growth in the energy storage system (ESS) business, while the bearish scenario centers on margin contraction from heightened competition and persistent capex burdens. Investors should monitor FSD backlog trends and operating margin changes.
AI가 생성한 분석으로 투자 자문이 아닙니다.
DYAX Investor Sentiment
Bullish (Long) 41% · Bearish (Short) 59%
385 participants
Related News
- Nebius Says It Is ‘Sequencing’ Its Financing After Getting $3.5B From Citi, With Bigger Asset-Backed Loans Still to Come
- History Says This Will Happen to Sandisk Stock Heading Into Its Oct. 29 Report
- Gix Internet Highlights Quantum X Labs Milestones on NVIDIA and IBM Systems
- AI RAN Partnerships Might Change The Case For Investing In Nokia (HLSE:NOKIA)
- Stock Market Live: Dow Retreats Amid Surging Oil Prices and Weak Tech Earnings
- Nokia (NOKIA FH) says Q3 operating margin expanded 220bps Y/Y to 11.7%, with FY26 Group outlook tracking above the midpoint of guidance
