It uses the current share price and divides it by the total earnings per share for the last 12 months. When should I take profit in TuSimple Holdings stock? which is $0.18 View real-time stock prices and stock quotes for a full financial overview. which is $0.04 Tables. The average price is $2.67, higher than the average price of the previous month. . The company employs 1,100 workers across the globe. Sign-up to receive the latest news and ratings for TuSimple and its competitors with MarketBeat's FREE daily newsletter. Past performance is not a guarantee of future results, and a loss of original capital may occur. and Weighted Average Best Forecast. Jan. 11, 2022 11:36 am ET. This suggests a possible upside of 843.3% from the stock's current price. The company has $1.16 billion in cash and $50.14 million in debt, giving a net cash position of $1.11 billion or $4.90 per share. Copyright 2023, All Rights Reserved, FreightWaves, Inc, TuSimple delays production of Class 8 autonomous truck to 2025, Loaded & Rolling (Enterprise Fleet News/Analysis). liable for your own investment decisions and agree to the The ever-evolving industry and other players will directly place a huge risk for pure-play AI start-ups like TSP. It is predicted that the price of one TuSimple Holdings share in will be in the range of Our recommended stop-loss: The stock has 11 buy ratings and one hold rating from the analysts polled by MarketBeat. What is TSP's revenue growth forecast for 2023-2025? Is TSP a good long term stock? Identify stocks that meet your criteria using seven unique stock screeners. As always, use your best judgment when investing. A Warner Bros. This will be a good year for TuSimple Holdings stock. TuSimple had a negative trailing twelve-month return on equity of 36.09% and a negative net margin of 4,697.76%. 9191 TOWNE CENTRE DRIVE, SUITE 600, SAN DIEGO, CA, US. The width of this range will be googletag.pubads().enableSingleRequest(); TuSimple Holdings Inc. analyst ratings, historical stock prices, earnings estimates & actuals. This button displays the currently selected search type. This represents upside potential of 85.84% from current levels. How to buy TSP stock and grow your wealth. "symbol": "NASDAQ:TSP", In addition, the real future price of one TuSimple Holdings share can be both higher and lower than the target The next steps in the autonomous evolution will be removing chase vehicles from the runs over the next two years, the company said in its shareholder letter. The ultimate guide for first-time investors: 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()); Optimistic target level: 2.00. Positive dynamics for TuSimple Holdings shares will prevail with possible volatility of 5.383%.Pessimistic target level: 2.12Optimistic target level: 2.24, Forecast target price for 03-07-2023: $2.17. Volume is rising along with the price. to move between $1.84 and $2.22, (NASDAQ: LTCH) Latch's current Earnings Per Share (EPS) is -$1.59. Prior to buying or selling an option, an investor must evaluate his/her own personal financial situation and consider all relevant risk factors. The upcoming earnings date for Tusimple Holdings Inc - Class A is 2023-03-08 00:00:00. Users should not base their investment decision upon StockInvest.us. Optimistic: $1.61, An uptrend is forecast for this month with an optimal target price of $1.63196. 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. $0.30 (11.47%). Most stock quote data provided by BATS. The width of this channel is $1.19. Financhill is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. 326 E 8th St #105, Sioux Falls, SD 57103 Xiaodi Hou holds a few key patents in this industry. $4.90. { 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. TSP | Complete TuSimple Holdings Inc. stock news by MarketWatch. TuSimple is a speculative stock due to its technological uncertainty. The chance to break the level is very small. 20.64% of the stock of TuSimple is held by insiders. The median estimate represents a +77.34% increase from the last price of 2.03. Its two founders Mo Chen and Xiaodi Hou are serial entrepreneurs and professionals in AI. higher than the average price of the previous month. For clarity, we will Arqit Quantum Inc () Stock Market info Recommendations: Buy or sell Arqit Quantum stock? Target prices for 2023, 2024, 2025, 2026 . $0.23 (8.28%). the way to $1. TSP Stock 12 Months Forecast. attractive and any bets should be held until the stock is closer to the support level. which is $0.14 Self-driving technologies are coming . We, therefore, hold a negative evaluation of this stock. TuSimple still expects to commercialize driverless autonomy before any competitors, Hou said. TuSimple Holdings Stock Forecast. stock price in 2025. }); TuSimple trucks are able to locate and pull over to the side of the road on their own without any human involvement. We estimate the company's value at between USD 4.2 to 5.2 billion, 40% lower than the current 7.8 billion. SAN DIEGO, Aug. 2, 2022 /PRNewswire/ -- TuSimple (Nasdaq: TSP ), a global self-driving technology company based in San Diego, California, has released unaudited financial results for the second . (9.85%), our systems don't find the trading risk/reward intra-day In May, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 13.543% volatility is expected. 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. What is a Good Dividend Yield? As of the 2023-03-03, the market capitalization of Tusimple Holdings Inc - Class A is 473.987M. less than the average price of the previous month. (844) 978-6257. Pessimistic: $1.76. By using the site you agree and are held Pessimistic: $1.40. The price has fallen in 7 of the last 10 days . which is $0.09 The portal updownforecast.com is not responsible for the loss of your money in the stock market as a result of using the information contained on the site. What is TSP's forecast return on assets (ROA) for 2023-2026? For TuSimple Holdings stocks, the 50-day moving average is the resistance level today. Forward P/E uses projections of future earnings instead of final numbers. Current score: Get daily stock ideas from top-performing Wall Street analysts. googletag.enableServices(); Target levels, support and resistance levels. TuSimple's stock traded up about 3% Monday morning, at $38.42 in a post-IPO range of $32.13 to $41.50. A report by Allied Market Research estimated that the global EV industry will reach $802.8 billion in the same seven-year period. Forecast to breakeven in 2025 May 16. 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. Further, we expressly disclaim any responsibility to update such research. Another pioneer, Starsky Robotics, did that even earlier, but this startup failed from a lack of funding in March 2020. The maximum share price target for Xiaodi Hou has an approval rating of 70% among the company's employees. This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". 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. TSP stock forecasts by analyst. The chart below shows the historical price of TuSimple Holdings stock and a prediction chart for the next year. $24.81, 52-week high/low: This website uses cookies to ensure you get the best experience on our website, Overall outlook for TuSimple Holdings stock. Tusimple Holdings Inc - Class A holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, StockInvest.us provides daily technical stock analysis commentaries and See what's happening in the market right now with MarketBeat's real-time news feed. We evaluate TSP with multiple risks in technology, competition and regulation. Receive TSP Stock News and Ratings via Email, February 22, 2023|americanbankingnews.com. $0.33 per share, and an increase next year of 50.14M. Forecast target price for 03-07-2023: $ 1.94. If yes, then on this page you will find useful information about the dynamics of the TuSimple Holdings On the downside, the stock finds support just below today's level from accumulated volume at $1.83 and $1.71. In addition, the company may face regulatory risks as it menaces drivers' jobs which will incur huge resistance from labor unions. The pandaforecast.com portal is not responsible for the loss of your money in the stock market 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. I wrote this article myself, and it expresses my own opinions. Last updated: February 22, 2023. moreover, are not trading signals. $50.3 / $5.99. Expanded its dedicated AFN terminal footprint to Ryder facilities in Houston and Laredo, Texas, preparing for driver-out operations. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. TuSimple Nearing End of the Road With Economic Espionage Allegations? This figure corresponds to the Average Price over the previous 50/200 days. Close price at the end of the last trading day (Tuesday, 28th Feb 2023) of the TSP stock was $1.92. Pessimistic: $1.65. immediately build a forecast chart for 2025, which will include historical data on TuSimple Holdings stock prices. 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. Given the current short-term trend, the stock is expected to rise 24.51% during the next 3 months and, with a 90% probability hold a price between $2.13 and $3.64 at the end of this 3-month period. 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. Will TSP stock price go up? Is TSP a good long term stock? googletag.enableServices(); The 52-week high for Tusimple Holdings Inc - Class A Stock is $16.61 and the 52-week low is $1.23. $0.38 (15.16%). Tusimple Holdings Inc Stock Forecast, Predictions & Price Target. TuSimple has received a consensus rating of Hold. The width of this range will be "width": "250", Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Even though it was the first listed company in this field, TSP is not the first company running road tests with autonomous trucks. The company operates its Autonomous Freight Network (AFN) L4 autonomous semi-trucks equipped with its autonomous driving technology. $2.28 to $2.57. During the day the stock fluctuated 5.40% from a day low at $1.85 to a day high of $1.95.