It is predicted that the price of one TuSimple Holdings share in will be in the range of The minimum target price for TuSimple Holdings analysts is $7.01. See: Characteristics and Risks of Standardized Options. Is TuSimple Holdings A Buy Over The Next 30 Days? About the Matterport Inc - Class A stock forecast. Some discussions contain forward looking statements which are based on current expectations and differences can be expected. window.googletag = window.googletag || {cmd: []}; Announced an advanced integration with Werner Enterprises to provide roadside service and support to customers operating in driver-out autonomous mode. $, Last trading day: Wall Street analysts have a bullish forecast for TuSimple stock. less than the average price of the previous month. Any trades shown are hypothetical example and do not represent actual trades. $2.21 to $2.42. Get daily stock ideas from top-performing Wall Street analysts. Averaged Nikola stock price for month 2.36. For TuSimple Holdings stocks, the 200-day moving average is the resistance level today. The average price target is $1.60 with a high forecast of $2.20 and a low forecast of $1.00. Nothing here in constitutes a recommendation respecting the particular security illustrated. In addition, the company may face regulatory risks as it menaces drivers' jobs which will incur huge resistance from labor unions. What is LTCH's Earnings Per Share (EPS) forecast for 2023-2023? Disclaimer. Optimistic: $2.04, An downtrend is forecast for this month with an optimal target price of $1.88232. If you continue to use this site we will assume that you are happy with it. Its really about time. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Further, we expressly disclaim any responsibility to update such research. Forecasts naturally diverge yet trying . All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, 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. For TuSimple Holdings stocks, the 200-day moving average is the resistance level today. The average Latch stock price prediction forecasts a potential upside of 309.45% from the current LTCH share price of $0.75. Overall, buying TSP at the current level might be a long shot. EBITDA is earnings before interest, income tax and depreciation of assets. TuSimple is delaying its purpose-built production truck until 2025. Tables. According to Allied Market Research, the autonomous driving (AD) truck market is estimated to reach USD 1.7 billion by 2025. All of these are pretty mature technologies, CEO and Chairman Xiaodi Hou said. Pessimistic: $1.40. TuSimple had more than $1.2 billion on its balance sheet at the end of Q1. Thus, TSP will be valued at USD 8.5 billion in 2025. 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.During the last trading day the stock fluctuated 11.89% from a day low at $1.85 to a day high of $2.07.The price has fallen in 6 of the last 10 days and is down by -8.56% for this period. Sundial Growers Stock Forecast 2023, 2024, 2025. in this field, TSP is not the first company running road tests with autonomous trucks. Alternatively, we did a scenario analysis for TuSimple. TSP stock returns are also predicted based on historical data. Last update: 01/16/2023, 07:47 AM . technical signals. There are currently 4 sell ratings, 5 hold ratings and 2 buy ratings for the stock. Zscaler, Inc Plummets, Is It Time To Buy The Dip? as a result of using the information contained on the site. which is $0.06 higher than the average price of the previous month. That will reduce the cost-per-mile operation. 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. Nothing in its products, services, or communications shall be construed as a solicitation and/or recommendation to buy or sell a security. When should I take profit in TuSimple Holdings stock? EPS shows how much of the net profit is accounted for by the common share. Dillon said looking at options for the China business was not driven by a national security agreement TuSimple signed with the Committee on Foreign Investment in the U.S. earlier this year. TuSimple's stock is owned by a variety of retail and institutional investors. Analysts estimate an earnings decrease this quarter of What is TSP's revenue growth forecast for 2023-2025? All content of the Dow Jones branded indices S&P Dow Jones Indices LLC 2019 and/or its affiliates. The pandaforecast.com portal is not responsible for the loss of your money in the stock market The success of TSP is indispensable to mutual efforts from both of its China and US management, which has a rather large percentage of Americans so that people first thought TSP was a US company. The company was founded in 2015 and is headquartered in San Diego, California. Cash & Cash Equivalents. The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 8th 2023. The current AD leaders like TSLA, Baidu and Waymo may also threaten TSP's leading position in the autonomous trucking sector. Short-term and long-term forecasts for TuSimple Holdings shares. Analyst Colin Rusch said at the time that "while still a development stage company, we view TuSimple as the global leader in autonomous trucking leveraging integrated hardware, motion . Forecast prices include: Optimistic Forecast, Pessimistic Forecast, Our recommended stop-loss: We estimate the company's value at between USD 4.2 to 5.2 billion, 40% lower than the current 7.8 billion. TuSimple (NASDAQ:TSP) has a market capitalization of $455.71 million and generates $6.26 million in revenue each year. When using the forecast data, the investor assumes all financial risks. Optimistic: $1.83. The San Diego-based company also said it is cutting back on adding to the 11,200 miles of high-definition mapping needed for its Autonomous Freight Network (AFN). googletag.pubads().collapseEmptyDivs(); multiplying the number of shares in the company outstanding by the market price of one share. If yes, then on this page you will find useful information about the dynamics of the TuSimple Holdings During the last trading day the stock fluctuated 8.53% from a day low at $1.29 to a day high of $1.40. According to our research, TSP stock is a bad long-term investment. They just need to go through different engineering development gates to be integrated into the system. What is TSP's earnings growth forecast for 2023-2025? TuSimple's fully autonomous semi-truck run last week was called an "unqualifiedsuccess" by analysts at Morgan Stanley, who said the driving test cemented the company's position as . higher than the average price of the previous month. Shares of TSP stock can be purchased through any online brokerage account. TuSimple planned to organize . 11 Wall Street analysts have issued 1-year target prices for TuSimple's shares. Tables. This figure corresponds to the Average Price over the previous 50/200 days. Ready to grow your portfolio? to move between $1.84 and $2.22, 2022 Cable News Network. The width of this range will be the way to $1. Disclaimer: Past performance is no guarantee of future performance. Optimistic: $1.61, An uptrend is forecast for this month with an optimal target price of $1.63196. higher than the average price of the previous month. Even though it was the first listed company in this field, TSP is not the first company running road tests with autonomous trucks. The width of this range will be Sign-up to receive the latest news and ratings for TuSimple and its competitors with MarketBeat's FREE daily newsletter. $4.90. googletag.pubads().collapseEmptyDivs(); 9191 Towne Centre Drive, San Diego, CA, 92122, United States. While ratings are subjective and will change, the latest TuSimple Hldgs ( TSP) rating was a downgraded with a price target of $15.90 to $2.20. in 2025 TSP is a speculative stock due to its technological uncertainty. The stock has a market cap of $11.6 billion as of . Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price. Real-time analyst ratings, insider transactions, earnings data, and more. Positive dynamics for TuSimple Holdings shares will prevail with possible volatility of 2.829%.Pessimistic target level: 2.01Optimistic target level: 2.06, Forecast target price for 03-11-2023: $2.04. (Next month, 2023, 2024, 2025, 2026 and 2027) The market capitalization of TuSimple Holdings is $2 044 339 000. We use cookies to ensure that we give you the best experience on our website. The company earns $-732,670,000.00 in net income (profit) each year or ($2.02) on an earnings per share basis. Only 38.25% of the stock of TuSimple is held by institutions. 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), Although TSP's business models seem to be solid, the company's value should not be exaggerated. googletag.enableServices(); It intends to produce a line of specialized autonomous L4 semi-trailers (level 4) for the North American market. window.googletag = window.googletag || {cmd: []}; We, therefore, hold a negative evaluation of this stock. Increased the number of reservations for its purpose-built autonomous trucks to 7,475 from 6,975, including 350 from Loadsmith. Today 200 Day Moving Average is the resistance level (5.55 $). The width of this range will be $24.81, 52-week high/low: Short-term and long-term forecasts for TuSimple Holdings shares. $0.19 per share. The ever-evolving industry and other players will directly place a huge risk for pure-play AI start-ups like TSP. If stocks break through the $2.94 Net Cash. googletag.pubads().enableSingleRequest(); googletag.pubads().collapseEmptyDivs(); Trailing P/E depends on what has already been done. Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. It is calculated by the formula which is $0.04 Please log in to your account or sign up in order to add this asset to your watchlist. How about testing the strength of the support level? Insiders that own company stock include Brad W Buss, Cheng Lu, Eric R Tapia, James Mullen, Karen C Francis and Patrick Dillon. TuSimple stock started trading this week under the ticker symbol "TSP." With such rapid growth in e-commerce and general shipping, it would make sense to see more EV stocks specializing in trucks . According to the founder of Starsky Robotics, Stefan Seltz-Axmacher, because of a scattered supply, 8% of the company's profit margin results from running a trucking company in the US. (NASDAQ: TSP) forecast ROA is N/A, which is lower than the forecast US Trucking industry average of N/A. What is the market capitalization of Tusimple Holdings Inc - Class A Stock? moreover, are not trading signals. Big shifts in stock markets, where C o V - 2 20215.2% . EqualOcean is an investment research firm and information service provider focusing on China's Technology, Automotive and Consumer Internet sectors. It uses the current share price and divides it by the total earnings per share for the last 12 months. The average return per month can be 2.45%. On average, they predict the company's stock price to reach $19.15 in the next twelve months. Optimistic: $1.78, An downtrend is forecast for this month with an optimal target price of $1.5035. What is TSP's Earnings Per Share (EPS) forecast for 2023-2025? How to buy TSP stock and grow your wealth. This rating has held steady since March, when it was unchanged from a Hold rating.Move your mouse over pastmonths for detail. The current consensus among 10 polled investment analysts is to Hold stock in TuSimple Holdings Inc. TuSimple trades on the NASDAQ under the ticker symbol "TSP.". which is $0.12 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 Autonomous driving functions must provide evidence that they are safe. 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()); Il permet de dtailler la liste des options de recherche, qui modifieront les termes saisis pour correspondre la slection actuelle. However, we do not make any representation or warranty, expressed or implied, as to the accuracy of our research, the completeness, or correctness or make any guarantee or other promise as to any results that may be obtained from using our research. The company employs 1,100 workers across the globe. $2.05 to $2.46. The company's average rating score is 1.82, and is based on 2 buy ratings, 5 hold ratings, and 4 sell ratings. The stock has 11 buy ratings and one hold rating from the analysts polled by MarketBeat. Morningstar: 2019 Morningstar, Inc. All Rights Reserved. Are you interested in TuSimple Holdings Inc. stocks prediction? 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. By. In 2023, LTCH's EPS is forecast to hit -$1.34 (min: -$1.46, max: -$1.21). The investment must compensate with a deeply discounted cap, but the market doesn't show that yet. CBS News Reports: "It's an entirely new type of weapon." On further gains, the stock will meet resistance from the long-term moving average at $2.12. Pessimistic: $1.76. Stock Price Forecast. We do not need to map where we dont operate, Hou said. How much will one TuSimple Holdings share be worth in Pessimistic: $1.71. TuSimple Holdings Inc., an autonomous technology company, develops autonomous technology specifically designed for semi-trucks in the United States and internationally. In 2025, TSP is forecast to generate $408,330,006,569 in revenue, with the lowest revenue forecast at $254,096,448,190 and the highest revenue forecast at $562,563,564,948. This will be a good year for TuSimple Holdings stock. 9191 TOWNE CENTRE DRIVE, SUITE 600, SAN DIEGO, CA, US. 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. The price will remain near the support level for 2 Systematic retrieval of data or other content from StockInvest.us, whether to create or compile, post to other websites, directly or indirectly, as text, video or audio, a collection, compilation, database or directory, is prohibited absent our express prior written consent. The average price is $2.38, Self-driving technologies are coming . Thus, it may become easy for leaders to reprogram their platforms, models and solutions for trucks. At the same time, the number of shares in circulation is 199 425 000. googletag.pubads().enableSingleRequest(); window.googletag = window.googletag || {cmd: []}; This self-driving technology company is expected to earn -$2.09 per share for the fiscal year ending December 2022, which represents a year-over-year change of 52.1%.