Expanded its dedicated AFN terminal footprint to Ryder facilities in Houston and Laredo, Texas, preparing for driver-out operations. Here's your free beginner's guide to buying TSP stock. TSP Stock 12 Months Forecast. When should I take profit in TuSimple Holdings stock? Forward P/E uses projections of future earnings instead of final numbers. $2.05 to $2.46. . Forecast target price for 03-07-2023: $ 1.94. The average twelve-month price prediction for TuSimple is $19.15 with a high price target of $40.00 and a low price target of $1.00. window.googletag = window.googletag || {cmd: []}; higher than the average price of the previous month. Current score: The company's average rating score is 1.82, and is based on 2 buy ratings, 5 hold ratings, and 4 sell ratings. While encountering these issues, how does TSP resolve this challenge? What is the probability of exiting the channel up? In contrast, founded in 2015, TSP accumulated more capital in China and raised a total of USD 648.1 million in over 11 rounds of funding before its IPO, including proceeds from shipping giant UPS, truck manufacturers Navistar and Trapton. }); At present, the China business accounts for about a fifth of the loss in earnings before interest, taxes, depreciation and amortization. It is predicted that the price of one TuSimple Holdings share in will be in the range of Wall Street Stock Market & Finance report, prediction for the future: You'll find the Lucid Group share forecasts, stock quote and buy / sell signals below.According to present data Lucid Group's LCID shares and potentially its market environment have been in bearish cycle last 12 months (if exists). Based on 2 Wall Street analysts offering 12 month price targets for TuSimple Holdings in the last 3 months. The commercialization is not tied to the production trucks, Pat Dillon, TuSimple chief financial officer, said on a call with analysts Tuesday. Be the first to know when Wall Street analysts revise their TSP stock forecasts and price targets. Nothing in its products, services, or communications shall be construed as a solicitation and/or recommendation to buy or sell a security. Essentially, TSP is an AI company that carries on extremely high technical risks. It is predicted that the price of one TuSimple Holdings share in will be in the range of The chart below shows the historical price of TuSimple Holdings stock and a prediction chart for the next year. "isTransparent": true, Negative dynamics for TuSimple Holdings shares will prevail with possible volatility of 4.275%.Pessimistic target level: 2.06Optimistic target level: 2.15, Forecast target price for 03-09-2023: $2.03. The turquoise color shows the price forecast with a possible range of fluctuations. Close price at the end of the last trading day (Tuesday, 28th Feb 2023) of the TSP stock was $1.92. After the AI binge a few years ago, almost all the self-driving developers are sobering and believe it needs at least 5-10 years to reach a true milestone like L-5 self-driving. After collecting analyst forecasts for TuSimple Holdings stock for 2025, we made one consensus forecast. On April 15, 2021, TuSimple (NASDAQ:TSP) became the first self-driving company listed on Nasdaq with an opening price of USD 40 per share. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Target price in 2025. . What is TSP's forecast return on equity (ROE) for 2023-2026? The average return per month can be 2.45%. window.googletag = window.googletag || {cmd: []}; attractive and any bets should be held until the stock is closer to the support level. Provides Earnings Guidance for the Full Year 2021 . Well be using retrofitted trucks initially starting at the end of 2023 into 2024.. Why is TuSimple stock dropping and what's the forecast for 2021? All rights reserved. googletag.enableServices(); The P/E ratio of TuSimple is -1.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The Smart Score is a quantitative, data-driven rating system and does not include human intervention. googletag.enableServices(); The width of this range will be Pessimistic: $1.40. and Weighted Average Best Forecast. Most stock quote data provided by BATS. As of 2023 January 18, Wednesday current price of TU stock is 21.015$ and our data indicates that the asset price has been in a downtrend for the past 1 year (or since its inception).. Telus stock price has been showing a declining tendency so we believe that similar market segments were not very popular in the given period. than the forecast in mid-2020 - that was largely Economic Situation and Prospects 2021, which 20222023 . googletag.cmd.push(function() { Other directors have abundant experience in the US truck sector. View real-time stock prices and stock quotes for a full financial overview. As of 2023 February 20, Monday current price of MTTR stock is 3.605$ and our data indicates that the asset price has been in a downtrend for the past 1 year (or since its inception).. Matterport stock price has been showing a declining tendency so we believe that similar market segments were not very popular in the given period. 23 employees have rated TuSimple Chief Executive Officer Xiaodi Hou on Glassdoor.com. TuSimple (NASDAQ:TSP) has a market capitalization of $455.71 million and generates $6.26 million in revenue each year. TuSimple aims to transform the $4 trillion global truck freight industry through the company's leading AI technology, which makes it possible for trucks to see 1,000 meters away, operate nearly . The slowdown by the acknowledged leader in autonomous trucking suggests that the 2024 date for commercialization may be too aggressive. Should I buy or sell TuSimple stock right now? View the best growth stocks for 2023 here. Get daily stock ideas from top-performing Wall Street analysts. The company wants to add more outside directors. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. In the short run, there will be no meaningful financials. ET, the stock was still down by 8.8%. * TuSimple Holdings stock forecasts short-term for next days and weeks may differ from long term prediction for next month and year based on timeline differences. The 5 analysts offering 12-month price forecasts for TuSimple Holdings Inc have a median target of 2.20, with a high estimate of 10.36 and a low estimate of 1.00. $0.27 (10.89%). Shares Short Prior Month - the number of shares in short positions in the last month. This figure corresponds to the Average Price over the previous 50/200 days. On a fall, the stock will find some support from the short-term average at $1.89. We estimate the company's value at between USD 4.2 to 5.2 billion, 40% lower than the current 7.8 billion. Order Reprints. TuSimple fired its CEO, Xiaodi Hou, after an internal investigation found improper dealings with and possible tech transfer to a Chinese startup. What is the 52-week high and low for Tusimple Holdings Inc - Class A Stock? $0.38 (15.16%). All content of the Dow Jones branded indices S&P Dow Jones Indices LLC 2019 and/or its affiliates. A high percentage of insider ownership can be a sign of company health. Discounted the valuation by 10% to 15% per year, the company has a . and Weighted Average Best Forecast. This represents upside potential of 85.84% from current levels. . If yes, then on this page you will find useful information about the dynamics of the TSP stock price in 2022-2027. Other fees apply. The risk involved with trading stocks, options and other securities is not suitable for all investors. Before joining TuSimple, Ruiliang was a Ph.D. student at the Hong Kong University of Science and Technology with a research focus on large-scale distributed optimization algorithms. Click for more FreightWaves articles by Alan Adler. TuSimple had more than $1.2 billion on its balance sheet at the end of Q1. View our TSP earnings forecast. P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit. View institutional ownership trends. Trading stocks, options and other securities involves risk. The maximum share price target for Pessimistic: $1.56. In addition, the real future price of one TuSimple Holdings share can be both higher and lower than the target TuSimple has received a consensus rating of Hold. TuSimple Stock Can Rise 80% Because Self-Driving Tech Is a 'Must-Have' in Trucking. I wrote this article myself, and it expresses my own opinions. $24.81, 52-week high/low: Technical analysis, historical chart. googletag.pubads().enableSingleRequest(); In contrast, founded in 2015, TSP accumulated more capital in China and raised a total of USD 648.1 million in over 11 rounds of funding before its IPO, including proceeds from shipping giant UPS, truck manufacturers Navistar and Trapton. CNN Sans & 2016 Cable News Network. liable for your own investment decisions and agree to the But higher per-mile rates led to a 10% increase in Q1 over Q4. The information presented in this site is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. Please disable your ad-blocker and refresh. ALSO READ: Why 4 Jefferies Top . All rights reserved. TuSimple's stock traded up about 3% Monday morning, at $38.42 in a post-IPO range of $32.13 to $41.50. TSP is running a fleet consisting of 70 trucks that are sporadically applied in the US and China with a ratio of 5:2, as of April 2021, with over 2.8 million miles of road test. According to the theory of technical analysis, a downward breakdown of the channel will open 11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TuSimple in the last twelve months. 1.11B. TuSimple Holdings Inc., an autonomous technology company, develops autonomous technologies specifically designed for trucks in the US and abroad. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. Trailing P/E depends on what has already been done. Forecast target price for 03-06-2023: $2.18. By using the site you agree and are held $1.943 / $5.55. I have read and understand the, Characteristics and Risks of Standardized Options, The current trend is relatively stagnant and. Optimistic target level: 2.00. The average price is $2.34, 50/200 Day Moving Average: as a result of using the information contained on the site. The width of this range will be View TuSimple's Short Interest. This network will provide two services, TuSimple Capacity (self-owned fleet) and Carrier Owned Capacity service. Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares. Pessimistic target level: 1.90. Target levels, support and resistance levels. moreover, are not trading signals. The company employs 1,100 workers across the globe. Volume has increased on the last day along with the price, which is a . Terms of Use and Privacy Policy. The current TuSimple Holdings [ TSP] share price is $2.09. TuSimple Holdings Stock Forecast 03-07-2023. Nothing here in constitutes a recommendation respecting the particular security illustrated. The average price is $2.40, The company has no profit and is unprofitable. Announced an advanced integration with Werner Enterprises to provide roadside service and support to customers operating in driver-out autonomous mode. On average, analysts forecast that TSP's EPS will be -$2.58 for 2024, with the lowest EPS forecast at -$3.49, and the highest EPS forecast at -$1.79. Buy or sell stock? What are analysts' forecasts for TuSimple Holdings stock? Optimistic: $1.60, An uptrend is forecast for this month with an optimal target price of $1.53958. Autonomous driving functions must provide evidence that they are safe. The company only went public in April 2021, but Wall Street says TSP stock is poised to be a leader in its industry. During the last day, the stock moved $0.220 between high and low, or 11.89%. The Tusimple Holdings Inc - Class A stock price gained 12.15% on the last trading day (Friday, 3rd Mar 2023), rising from $1.81 to $2.03. TuSimple does not currently pay a dividend. This dilemma is even worse amid the thriving of e-commerce, along with increased demand for truck delivery. Find the latest TuSimple Holdings Inc. (TSP) stock quote, history, news and other vital information to help you with your stock trading and investing. A Warner Bros. This is considered to be a good technical signal. Technical analysis. Al Root. The official website for the company is www.tusimple.com. Even though it was the first listed company in this field, TSP is not the first company running road tests with autonomous trucks. TSP stock forecast for 2023 - 2027. In-depth profiles and analysis for 20,000 public companies. Xiaodi Hou has an approval rating of 70% among the company's employees. Their TSP share price forecasts range from $1.00 to $40.00. Please read the full disclaimer here. Today 200 Day Moving Average is the resistance level (5.55 $). immediately build a forecast chart for 2025, which will include historical data on TuSimple Holdings stock prices. TuSimple Holdings Inc. 1.91 D 8.39% (0.18) Are you interested in TuSimple Holdings Inc. stocks prediction? Morningstar: 2019 Morningstar, Inc. All Rights Reserved. Price at the end 2.39, change for April 4.82%. The Financhill.com educational training program and software services are provided to improve financial understanding. The consensus among Wall Street research analysts is that investors should "hold" TSP shares. In total, 3 million shares were bought and sold for approximately $5.58 million. What is TSP's Earnings Per Share (EPS) forecast for 2023-2025? In on the chart shows the historical price. We forecast TuSimple Holdings stock performance using neural networks based on historical data on TuSimple Holdings stocks. Thus, it may become easy for leaders to reprogram their platforms, models and solutions for trucks. No one receiving or accessing our research should make any investment decision without first consulting his or her own personal financial advisor and conducting his or her own research and due diligence, including carefully reviewing any applicable prospectuses, press releases, reports and other public filings of the issuer of any securities being considered. EPS shows how much of the net profit is accounted for by the common share. The lowest price level the stock can fall to The average price is $2.53, For clarity, we will Of the analysts providing a 12-month share-price target for TuSimple stock . For the upcoming trading day on Monday, 6th we expect Tusimple Holdings Inc - Class A to open at $1.98, and during the day (based on 14 day Average True Range), On top of that, the EV charging station market is expected to grow . All of these are pretty mature technologies, CEO and Chairman Xiaodi Hou said. googletag.cmd.push(function() { This is 2.67% more than the trading day before Monday, 27th Feb 2023. The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 8th 2023. The company's earnings before interest, taxes and depreciation for last year (called EBITDA) was -412 236 000$. Tables. Is TSP a good long term stock? P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit. Production-intent prototypes from Navistar Internationals plant in Escobedo, Mexico, will begin going to customers for testing in 2024 before fully integrated models are delivered in 2025. Shares of TuSimple Holdings Inc. are traded on the stock exchange under the ticker TSP and belong to the "Industrials" sector. (TSP) raised $1.3 billion in an initial public offering on Thursday, April 15th 2021. TuSimple Holdings (TSP) stock consensus forecasts for 2025. We assume that TSP owns 50% of the AD truck market share, with 10 times P/S ratio. TuSimple has a P/B Ratio of 0.34. Tuesday, May 03, 2022. resistance level and try to gain a foothold above it, then in the future they will most likely test this level from above and if the $2.94 WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security. During the last trading day the stock fluctuated 8.53% from a day low at $1.29 to a day high of $1.40. The price will remain near the support level for 2 We are Arizona's Go to Camera Movement Specialists bringing Thus, in the period from the current date until the end of 2025, it is possible to form a channel with a resistance level { Only 38.25% of the stock of TuSimple is held by institutions. In *Your capital is at risk. The average price is $2.38, For TuSimple Holdings stocks, the 200-day moving average is the resistance level today. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. This suggests a possible upside of 843.3% from the stock's current price. Identify stocks that meet your criteria using seven unique stock screeners. When should I take profit in TuSimple Holdings stock? What are analysts' forecasts for TuSimple Holdings stock? Forecasts naturally diverge yet trying . If this is broken, then the next support from accumulated volume will be at $1.71 and $1.54. Are you interested in TuSimple Holdings stocks and want to buy them, or are they already in your portfolio? In May, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 13.543% volatility is expected. higher than the average price of the previous month. TSP share price has been in a bear cycle for the past year. $, Last trading day: TuSimple Holdings (TSP) stock consensus forecasts for 2025. It uses the current share price and divides it by the total earnings per share for the last 12 months. To see all exchange delays and terms of use please see Barchart's disclaimer. (NASDAQ: LTCH) Latch's current Earnings Per Share (EPS) is -$1.59. Drivers averagely spend 3.5 weeks per month inside their cars. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. The firm earned $1.79 million during the quarter, compared to the consensus estimate of $1.81 million. What is Xiaodi Hou's approval rating as TuSimple's CEO? Its AFN is an ecosystem that consis TSP Profile. All these innovators share similar principles in driverless system development. The chances of breaking through the resistance level in this and subsequent periods are very small. is $1.75. Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares. To compensate for their hard efforts and time, shippers and carriers need to pay drivers with a competitive salary, which means more costs to the truck companies. What is TuSimple's stock price forecast for 2023? which is $0.04 -1.687 How to buy TSP stock and grow your wealth. The symbol for Tusimple Holdings Inc - Class A is TSP and it is traded on the NASDAQ (NASDAQ Stock Exchange). Positive dynamics for TuSimple Holdings shares will prevail with possible volatility of 5.203%.Pessimistic target level: 2.00Optimistic target level: 2.11, An downtrend is forecast for this month with an optimal target price of $1.86733. Export data to Excel for your own analysis. Forward P/E uses projections of future earnings instead of final numbers. TuSimple Nearing End of the Road With Economic Espionage Allegations? As of the 2023-03-03, the market capitalization of Tusimple Holdings Inc - Class A is 473.987M. The average price is $2.67, googletag.defineSlot('/21776187881/fw-responsive-main_content-slot5', [[728, 90], [468, 60], [320, 50], [300, 100]], 'div-gpt-ad-1665767778941-0').defineSizeMapping(gptSizeMaps.banner1).addService(googletag.pubads()); The company operates its Autonomous Freight Network (AFN) L4 autonomous semi-trucks equipped with its autonomous driving technology. View analysts price targets for TSP or view top-rated stocks among Wall Street analysts. Any other use, including for any commercial purposes, is strictly prohibited without our express prior written consent. "width": "250", I am not receiving compensation for it. It is calculated by the formula $0.21 (8.68%). Forecast and historical charts. googletag.defineSlot('/21776187881/FW_Super_Leaderboard', [[300, 50], [970, 90], [300, 100], [728, 90]], 'div-gpt-ad-1668097889433-0').defineSizeMapping(gptSizeMaps.banner2).addService(googletag.pubads()); As of February 15th, there was short interest totaling 11,810,000 shares, an increase of 16.2% from the January 31st total of 10,160,000 shares. Optimistic: $2.04, An downtrend is forecast for this month with an optimal target price of $1.88232. There are currently 4 sell ratings, 5 hold ratings and 2 buy ratings for the stock. Its two founders Mo Chen and Xiaodi Hou are serial entrepreneurs and professionals in AI. As of 1:57 p.m. It is predicted that the price of one TuSimple Holdings share in will be in the range of It has failed to deliver promised monthly revenue of $1 million in the second half of 2019. All users should speak with their financial advisor before buying or selling any securities. We hold a negative evaluation for this stock. The company is also collaborating with Navistar to build tailored trucks for its own fleet. We do not need to map where we dont operate, Hou said. The width of this range will be Definitely we are U.S. first because in the U.S., they have the best policies to commercialize autonomy, Hou said. Said co-founder Mo Chen will not stand for reelection to the TuSimple board in June. The latter gave TuSimple shares a price target of $55, which from current levels suggests there's some pretty appetizing upside in the region of 60% to be had. 2025 is $2.94. The sector historically has a low profit margin with high costs of labor, fuel, administration and equipment. Get Free TSP Updates. What is the market capitalization of Tusimple Holdings Inc - Class A Stock? The gray color Morgan Stanley, Citigroup and JPMorgan served as the underwriters for the IPO and BOFA SECURITIES COWEN CREDIT SUISSE NOMURA RBC CAPITAL MARKETS BAIRD NEEDHAM & COMPANY OPPENHEIMER & CO. PIPER SANDLER VALUABLE CAPITAL was co-manager. Resetting the China business would lower the companys cash burn and be a lever that could provide additional runway on our balance sheet, Dillon said. On average, analysts forecast that TSP's EPS will be -$2.73 for 2023, with the lowest EPS forecast at -$3.15, and the highest EPS forecast at -$1.85. Pessimistic: $1.60. To the maximum extent permitted by law, neither we, any of our affiliates, nor any other person, shall have any liability whatsoever to any person for any loss or expense, whether direct, indirect, consequential, incidental or otherwise, arising from or relating in any way to any use of or reliance on our research or the information contained therein.
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tusimple stock forecast 2025