Latest news with #AndresSheppard
Business Insider
a day ago
- Automotive
- Business Insider
‘Don't Ignore This Warning,' Top Analyst Trims Tesla's (TSLA) Q2 Sales Estimate by 13%
Cantor Fitzgerald analyst Andres Sheppard updated his revenue estimates for Tesla (TSLA) ahead of its second-quarter earnings report, scheduled for release on Wednesday. The five-star analyst cut his Q2 sales forecast by 12.9%, from $24.1 billion to nearly $21 billion. He cited soft vehicle deliveries along with lower energy generation and storage sales as key reasons behind the move. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Sheppard noted that TSLA's Q2 vehicle deliveries totaled 384,122 units, down both sequentially and year-over-year. Nevertheless, the analyst maintained his full-year 2025 and 2026 revenue and earnings estimates. Also, he expects the company will provide an updated annual sales outlook. Overall, he maintained a Buy rating on Tesla stock with a $355 price target, implying an upside potential of 7.99%. Analyst Eyes Updates on TSLA's Low-Cost EV and Robotaxi Sheppard remains bullish on Tesla's long-term prospects, pointing to its upcoming low-priced models and Robotaxi rollout. At the Q2 earnings call, the Top analyst expects TSLA to share a clearer timeline for its affordable vehicle, which was originally aimed for early 2025. Further, at the upcoming call, Sheppard plans to ask about expected vehicle demand in the second half of 2025, the impact of tariffs, and updates on robotaxi service expansion plans. Looking ahead, the analyst is confident about Tesla's Robotaxi plans, seeing it as a high-profit software model that can scale quickly. The firm believes Tesla could grab a large share of the self-driving and ride-hailing markets. Is TSLA Stock a Buy? Turning to Wall Street, TSLA stock has a Hold consensus rating based on 13 Buys, 13 Holds, and eight Sells assigned in the last three months. At $299.52, the average Tesla price target implies an 8.84% downside potential. The stock has declined 20.59% over the past six months.
Yahoo
08-07-2025
- Business
- Yahoo
Why Rocket Lab Stock Skyrocketed 33.5% Last Month and Has Kept Surging in July
A combination of bullish catalysts helped Rocket Lab stock reach a new record high in June. Rocket Lab landed a new deal with the European Space Agency and successfully completed two new rocket launches. Rocket Lab stock has risen even higher in July's trading thanks to analyst coverage and excitement about its tech. 10 stocks we like better than Rocket Lab › Aided by bullish momentum for the broader market, Rocket Lab (NASDAQ: RKLB) stock posted big gains in June's trading. The company's share price rocketed 33.5% higher in the month, according to data from S&P Global Market Intelligence. Meanwhile, the S&P 500 climbed 5%, and the Nasdaq Composite rose 6.6%. Comments from a Federal Reserve official last month pointed to an increased likelihood that the central banking authority will deliver a cut for the benchmark interest rate this month, and the development paved the way for the stock market to see big gains. In addition to the bullish backdrop for the market at large, Rocket Lab stock saw big gains in conjunction with business-specific news and positive coverage from analysts. On June 10, Cantor Fitzgerald published new coverage on Rocket Lab. Andres Sheppard, the firm's lead analyst on the stock, reiterated an overweight rating and raised his one-year price target from $29 per share to $35 per share. Sheppard pointed to Rocket Lab's successful launch history, different rocket types, and launch sites as strong competitive advantages. He also noted that Rocket Lab could benefit from the worsening relationship between President Trump and SpaceX CEO Elon Musk. Late in the month, Rocket Lab announced that it had landed a contract with the European Space Agency (ESA) to launch two satellites. The news prompted a substantial rally for the stock, and shares moved even higher after the company announced the launches of its 67th and 68th Electron rockets. The two launches occurred at the same launch site within 48 hours, marking the company's fastest-ever turnaround time for a launch. The news pushed Rocket Lab stock to a new record high, and it's kept climbing from there. Rocket Lab stock has continued on its upward trajectory this month. As of this writing, the company's share price is up 8.2% across July's trading. In addition to continued excitement surrounding its opportunities in the space industry, the stock has gotten a lift from bullish analyst coverage. In a note published July 2, KeyBanc maintained an overweight rating on Rocket Lab and raised its price target on the stock from $29 per share to $40 per share. As of this writing, KeyBanc's latest price target implies additional upside of roughly 3%. Rocket Lab now has a valuation of roughly $17.9 billion and is trading at approximately 31 times this year's expected sales. While the recent rally for the stock may raise questions about whether the company's valuation has become unreasonably stretched, the business looks poised to grow at a rapid clip in the near term and seemingly has huge expansion opportunities over the long haul. Before you buy stock in Rocket Lab, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Rocket Lab wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $695,481!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $969,935!* Now, it's worth noting Stock Advisor's total average return is 1,053% — a market-crushing outperformance compared to 179% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of July 7, 2025 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Rocket Lab. The Motley Fool has a disclosure policy. Why Rocket Lab Stock Skyrocketed 33.5% Last Month and Has Kept Surging in July was originally published by The Motley Fool Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
TimesLIVE
03-07-2025
- Automotive
- TimesLIVE
Rivian deliveries decline sharply as tariffs dent demand
Rivian Automotive reported a sharp fall in second-quarter deliveries on Wednesday, as demand for its electric vehicles takes a hit from stiff competition and tariff-driven economic uncertainty, sending its shares more than 2% lower. Trade tariffs imposed by US President Donald Trump have led to a surge in manufacturing costs for the sector, with carmakers scrambling to reorganise supply chains to mitigate the hit to their businesses. High interest rates are also holding back some buyers, while many are opting for cheaper hybrid- and petrol-powered cars. The rise in vehicle costs could put pressure on Rivian's margins at a time when the company has been looking to boost profits ahead of the rollout of its more affordable R2 SUVs next year. Rivian delivered 10,661 vehicles in the quarter ended June 30, a fall of 22.7% from the same quarter last year, but in line with Visible Alpha estimates. Sales prospects for EV makers are also under pressure from a bill released last week by US Senate Republicans to end the $7,500 tax credit on new electric vehicle sales and leases on September 30. Rivian's vehicles did not qualify for the tax credit but it was using a leasing loophole to take advantage of the incentive. 'Now with the tax credit going away, that loophole goes away as well. That is going to have a negative impact in the near term because it's going to result in cars being more expensive,' said Andres Sheppard, senior equity analyst at Cantor Fitzgerald. The company also produced fewer-than-expected vehicles as it gears up to launch its refreshed 2026 models of the R1T truck and R1S SUV. Rivian made 5,979 units in the quarter, compared with estimates of 11,330 units, according to four analysts polled by Visible Alpha. The company reiterated its annual deliveries forecast of between 40,000 to 46,000 vehicles and expects to announce its second-quarter financial results after markets close on August 5.
Time of India
03-07-2025
- Automotive
- Time of India
Rivian deliveries decline sharply as tariffs hit demand
Rivian Automotive reported a sharp fall in second-quarter deliveries on Wednesday, as demand for its electric vehicles takes a hit from stiff competition and tariff-driven economic uncertainty, sending its shares more than 2 per cent lower. Trade tariffs imposed by U.S. President Donald Trump have led to a surge in manufacturing costs for the sector, with carmakers scrambling to reorganise supply chains to mitigate the hit to their businesses. High interest rates are also holding back some buyers, while many are opting for cheaper hybrid- and gasoline-powered cars. The rise in vehicle costs could put pressure on Rivian's margins at a time when the company has been looking to boost profits ahead of the roll-out of its more affordable R2 SUVs next year. Rivian delivered 10,661 vehicles in the quarter ended June 30, a fall of 22.7 per cent from the same quarter last year, but in line with Visible Alpha estimates. Sales prospects for EV makers are also under pressure from a bill released last week by U.S. Senate Republicans to end the $7,500 tax credit on new electric vehicle sales and leases on September 30. Rivian's vehicles did not qualify for the tax credit but it was using a leasing loophole to take advantage of the incentive. "Now with the tax credit going away, that loophole goes away as well. That is going to have a negative impact in the near term because it's going to result in cars being more expensive," said Andres Sheppard, senior equity analyst at Cantor Fitzgerald. The company also produced fewer-than-expected vehicles as it gears up to launch its refreshed 2026 models of the R1T truck and R1S SUV. Rivian made 5,979 units in the quarter, compared with estimates of 11,330 units, according to four analysts polled by Visible Alpha. The company reiterated its annual deliveries forecast of between 40,000 to 46,000 vehicles and expects to announce its second-quarter financial results after markets close on August 5.
Yahoo
28-06-2025
- Business
- Yahoo
Cantor Fitzgerald Maintains an Overweight Rating on Archer Aviation (ACHR), Keeps the PT Unchanged
Archer Aviation Inc. (NYSE:ACHR) is one of the 13 Best Aerospace and Defense Stocks to Invest in Now. On June 23, Cantor Fitzgerald analyst Andres Sheppard reaffirmed an Overweight rating on Archer Aviation Inc. (NYSE:ACHR) with a price target of $13.00. The price target set by Andres Sheppard reflects around 30% upside from the current level and is based on the series of partnerships that the company has forged recently. On June 19, Archer Aviation Inc. (NYSE:ACHR) announced its partnership with Jetex to develop infrastructure supporting Archer's commercial air taxi network by integrating its Midnight eVTOL aircraft into Jetex's portfolio of 40 private aircraft terminals. A technician assembling an electric aircraft, highlighting the company's manufacturing capabilities. Earlier on June 17, the company participated alongside the US Transportation Secretary and Acting FAA Administrator and announced an alliance among five countries aimed at harmonizing and accelerating the certification process for eVTOL aircraft worldwide. Moreover a day before this announcement Archer Aviation Inc. (NYSE:ACHR) had announced a strategic partnership to deploy its Midnight eVTOL aircraft in Indonesia, marking a significant step in expanding its commercial air taxi operations into Southeast Asia. Andres Sheppard suggests these partnerships are proponents of strong liquidity and key drivers for future growth. Archer Aviation Inc. (NYSE:ACHR) designs and develops electric vertical takeoff and landing (eVTOL) aircraft, primarily for urban air mobility and air taxi services. While we acknowledge the potential of ACHR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Sign in to access your portfolio
