JPMorgan lowers earnings forecast for Tesla, advises investors to proceed with caution
6 hour ago / Read about 0 minute
Author:小编   

JPMorgan analyst Ryan Brinkman noted that Tesla's first-quarter delivery figures, announced last week, fell short of expectations, indicating a potential further decline in performance, and advised investors to be cautious. He has lowered his earnings per share forecast for Tesla for the first quarter of 2026 from $0.43 to $0.30, the full-year forecast from $2.00 to $1.80, and the 2027 forecast from $2.45 to $2.25. Ryan Brinkman believes that Tesla's stock price has a downside risk of up to 60% compared to the target price of $145 by December 2026, and reminds investors to pay attention to execution risks and the time value of money.