Latest news with #MarkDelaney
Yahoo
3 days ago
- Automotive
- Yahoo
General Motors Q2 Earnings Preview: What to Expect From Upcoming Report
July 21 - General Motors (NYSE:GM) will report second?quarter results Tomorrow, July 22 Analysts expect adjusted earnings per share of $2.32, down about 24 percent year?on?year, on revenue of $45.79 billion, roughly a 5 percent decline from the prior period. Warning! GuruFocus has detected 3 Warning Sign with GM. On July 2, GM said U.S. sales rose 7.3 percent to 746,588 vehicles in the quarter, driven by strong demand for crossovers and full?size pickups. Electric vehicle deliveries also saw an uptick, though they remain constrained by competition and shifting U.S. incentive policies. Last month, the automaker outlined plans to invest up to $4 billion over two years to expand capacity at plants in Michigan, Kansas and Tennessee, aiming to bolster production of both gas?powered and electric models. Goldman Sachs analyst Mark Delaney maintained a Buy rating and raised his price target to $70, noting that milder-than?expected tariffs could support U.S. auto sales. He still sees sales easing in the second half, forecasting 15.75 million units in 2025 and 15.50 million in 2026. Options traders are bracing for a potential share move of about 5.9 percent in either direction after the earnings release. Is GM Stock a Buy? Based on the one year price targets offered by 27 analysts, the average target price for General Motors Co is $54.82 with a high estimate of $83.00 and a low estimate of $34.00. The average target implies a upside of +3.01% from the current price of $53.22. Based on GuruFocus estimates, the estimated GF Value for General Motors Co in one year is $60.28, suggesting a upside of +13.27% from the current price of $53.22. This article first appeared on GuruFocus. Sign in to access your portfolio
Business Insider
3 days ago
- Automotive
- Business Insider
General Motors (GM) Is About to Report Q2 Earnings Tomorrow. Here's What to Expect
Legacy automaker General Motors (GM) is set to release its second-quarter 2025 financials on July 22. GM is struggling with slow EV sales, particularly in China, where lower-cost domestic rivals are gaining ground. On top of that, changing U.S. policies on EV incentives and tariff concerns are adding to the uncertainty around its future. For Q2, Wall Street expects EPS of $2.32, marking a decline of 24% year-over-year, while revenue is projected to decline 5% to $45.79 billion. 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. Meanwhile, TipRanks' AI stock analysis has assigned an Outperform rating on General Motors stock with a price target of $54, reflecting a 1.47% upside potential. On July 2, General Motors reported a 7.3% rise in U.S. sales to 746,588 vehicles in the second quarter. The increase was driven by strong demand for its crossover SUVs, full-size pickups, and a sharp uptick in electric vehicle (EV) deliveries. Last month, General Motors said that it plans to invest up to $4 billion over the next two years to expand production at three U.S. plants. The amount will help GM boost domestic manufacturing of both gas and electric vehicles (EVs) at its plants in Michigan, Kansas, and Tennessee. Analyst's Views Ahead of GM 's Q2 Earnings Heading into the Q2 results, Goldman Sachs analyst Mark Delaney raised the firm's price target on General Motors to $70 from $60 and kept a Buy rating on the stock. He increased the price target based on expectations for milder tariffs than initially expected, which supports a better outlook for the U.S. auto market. That said, Delaney warned that U.S. auto sales could still slow in the second half of the year due to early buying ahead of tariffs and likely higher prices. Goldman now expects U.S. auto sales to reach 15.75 million units in 2025 and 15.50 million in 2026, up from its earlier forecast of 15.40 million and 15.25 million. Options Traders Anticipate a Minor Move Using TipRanks' Options tool, we can see what options traders are expecting from the stock immediately after its earnings report. The expected earnings move is determined by calculating the at-the-money straddle of the options closest to expiration after the earnings announcement. If this sounds complicated, don't worry, the Options tool does this for you. Indeed, it currently says that move in either direction. Is GM a Good Stock to Buy? On TipRanks, GM stock has a Moderate Buy consensus rating based on 12 Buys, six Holds, and two Sells assigned in the last three months. The average General Motors stock price target of $54.92 suggests an upside potential of 3.19% from its current price. Over the past year, shares of the company have gained about 7%.
Business Insider
5 days ago
- Automotive
- Business Insider
Goldman Sachs Weighs In on Tesla Stock Amid New SUV Reveal
Tesla (NASDAQ:TSLA) stock has been trending sideways lately, as investors weigh the company's longer-term delivery prospects against near-term uncertainties. However, a newly unveiled model in China may provide a modest boost to sentiment – though it's not the affordable compact many were expecting. 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. After months of teasing a more affordable, compact vehicle, Tesla instead revealed a larger version of the Model Y, dubbed the Model YL. Shared via Weibo on Wednesday along with two images, the new variant is roughly seven inches longer and up to two inches taller than the standard Model Y, though still smaller than the Model X. According to China's Ministry of Industry and Information Technology, the Model YL is expected to launch in China this fall and will feature six seats. Goldman Sachs analyst Mark Delaney, ranked among the top 3% of Wall Street stock experts, views the Model YL as an 'incremental positive' that could help Tesla strengthen its foothold in the SUV segment – not just in China, but eventually in the U.S. and Europe as well. A central debate among investors has been how much the upcoming Tesla models in the back half of 2025 will drive meaningful growth. Delaney believes the YL is 'more differentiated' than many had expected, particularly given subdued expectations set during the Q1 earnings call. Rather than a cost-reduced, scaled-down Model Y, Tesla delivered something targeting the three-row SUV market – a surprising move that could open new demand channels. Delaney still expects a lower-cost Model Y or Model 3 variant to be introduced later this year, aligning with prior management hints. Tesla hasn't revealed the planned price for the Model YL, but according to media reports, the average selling price is expected to be around 400,000 RMB (approximately $56,000). For context, the Model Y starts at about 264,000 RMB (roughly $37,000) in China and around $45,000 in the U.S. The Model X, by comparison, starts at approximately $90,000 in the U. S. It's still unclear what features the Model YL will include at this price point – such as whether it will come with FSD, as Tesla initially offered with the refreshed Model Y in the U.S. – as well as its driving range or whether the price estimate is final. For comparison, Li Auto's L8 starts at 322,000 RMB and has averaged monthly sales of five to six thousand units over the past year. The L9, priced similarly at 410,000 RMB, sees comparable sales. In the U.S., entry prices for the Toyota Highlander and Ford Explorer are both around $40,000. Is Tesla stock worth buying right now? According to Delaney, not quite. The Goldman Sachs analyst maintains a Neutral rating on TSLA with a $285 price target – about 11% below current levels. (To watch Delaney's track record, click here) And he's not alone in his cautious stance. Of the 34 analysts who've weighed in over the past 3 months, the Street remains divided: 13 call it a Buy, 13 a Hold, and 8 say Sell. The average price target of $298.97 implies a 9% downside from current levels. (See TSLA stock forecast) To find good ideas for stocks trading at attractive valuations, visit TipRanks' Best Stocks to Buy, a tool that unites all of TipRanks' equity insights.
Yahoo
16-07-2025
- Automotive
- Yahoo
Tesla (TSLA) Gets $285 PT, Neutral — Goldman Flags Weaker U.S. EV Demand
Tesla, Inc. (NASDAQ:) is a. On July 11, Goldman Sachs analyst Mark Delaney lowered the price target on the stock to $285.00 from $315 while maintaining a 'Neutral' rating. The rating comes as part of a broader research note on the U.S. Autos and Industrial Tech industry. In a research note, the analyst told investors that they are raising their US auto forecast to reflect more measured tariff levels than what had been proposed originally. This is despite that it still anticipates auto sales in the US to slow down in the second half after people bought early to avoid tariffs. The firm anticipates US auto sales at 15.75M and 15.50M units in 2025 and 2026, respectively, whereas its prior forecast was 15.40M and 15.25M. 'However, we lower our expectation for EV (BEV) mix in the US to better reflect company-specific datapoints (in particular weaker sales at Tesla, which has accounted for roughly half of the US BEV market historically, but also more flexible EV targets and/or slower EV sales from Ford, GM, and Rivian).' Pixabay/Public Domain In other news, Elon Musk said on Monday, July 14, that he does not support a merger between xAI and Tesla. X account @BullStreetBets_ asked Tesla investors on the site if they support a merger between Tesla and xAI. Musk responded with 'No.' Tesla, Inc. (NASDAQ:TSLA) is an automotive and clean energy company that leverages advanced artificial intelligence in its autonomous driving technology and robotics initiatives. While we acknowledge the potential of TSLA 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: and Disclosure: None. Error al recuperar los datos Inicia sesión para acceder a tu cartera de valores Error al recuperar los datos Error al recuperar los datos Error al recuperar los datos Error al recuperar los datos
Business Insider
12-07-2025
- Automotive
- Business Insider
Tesla Price Target Trimmed by Top Analyst Despite Improving U.S. Auto Outlook
Goldman Sachs analyst Mark Delaney lowered the price target for Tesla stock (TSLA), despite his improving view of the overall U.S. auto sector. The top analyst cut the price target from $315 to $285, implying 8% downside from current levels. Delaney also maintained his 'Hold' rating on Tesla stock. Meanwhile, he increased his U.S. auto sales forecasts to 15.75 million units for 2025 and 15.50 million units for 2026, up from his prior forecasts of 15.40 million and 15.25 million, respectively. 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. Delaney is a five-star analyst on TipRanks, ranking #257 out of 9,871 analysts covered. He boasts a 61% success rate and an average return per rating of 17.90%. Why Does GS Remain a Hold on TSLA? Delaney predicts that vehicle sales in the U.S. will moderate in the second half of 2025. He attributes this to the 'pre-buying' of automobiles ahead of tariffs. The analyst also forecasts auto prices will rise in the second half of the year, after accounting for the impact of tariffs. At the same time, Tesla's electric vehicles (EVs) are expected to be more adversely affected by the expiration of the federal EV tax credits on September 30, 2025. President Trump's 'Big Beautiful Bill' has proposed ending these tax credits. Delaney also made price target changes for other American auto companies as part of his broader auto industry update. For instance, he raised the price target for Ford stock (F) from $10 to $11, implying 7.6% downside potential. Additionally, General Motors (GM) stock saw a more notable price target increase, from $60 to $70 (31.7% upside), with the Buy rating maintained. Rivian (RIVN) also experienced a price cut similar to Tesla, down from $14 to $13 (2.4% downside), while retaining its Hold rating. Is Tesla Stock a Buy, Hold, or Sell? A majority of Wall Street analysts share a similar view on Tesla stock as Delaney. On TipRanks, TSLA stock has a Hold consensus rating based on 14 Buys, 13 Holds, and nine Sell ratings. Also, the average Tesla price target of $296.80 implies 4.2% downside potential from current levels. Year-to-date, TSLA stock has lost 23.3%.
