Slightly reduced the number of miles driven that generated revue. googletag.enableServices(); 326 E 8th St #105, Sioux Falls, SD 57103 There are currently 4 sell ratings, 5 hold ratings and 2 buy ratings for the stock. Investors can only place hope on some 'technical leapfrogging' reports - from here, their investment in TSP would be a pure speculative play. 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. gptAdSlots.push(gptSlot); The maximum share price target for The head office is currently located at: 9191 TOWNE CENTRE DRIVE, SUITE 600, SAN DIEGO, CA, US. The turquoise color shows the price forecast with a possible range of fluctuations. Lost $112 million from operations and had an adjusted EBITDA of negative $80 million. googletag.pubads().enableSingleRequest(); financial data for more than 25 000 publicly traded companies based on our calculated 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. This product is for educational purposes only. 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. TuSimple Holdings (TSP) stock consensus forecasts for 2025. Pessimistic target level: 1.90. 68.0% of employees surveyed would recommend working at TuSimple to a friend. The company operates L4 Autonomous Freight Network (AFN) autonomous trucks equipped with autonomous driving technology. During the last day, the stock moved $0.220 between high and low, or 11.89%. }); Alan Adler is an award-winning journalist who worked for The Associated Press and the Detroit Free Press. What is the probability of exiting the channel up? Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Close price at the end of the last trading day (Tuesday, 28th Feb 2023) of the TSP stock was $1.92. Current score: Optimistic: $1.99, An uptrend is forecast for this month with an optimal target price of $1.91215. What is the 52-week high and low for Tusimple Holdings Inc - Class A Stock? View TSP analyst ratings or view top-rated stocks. $0.08 per share, a decrease next quarter of The business in Asia is not favorably reflected in TuSimples stock price, Dillon said. 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()); Negative dynamics for TuSimple Holdings shares will prevail with possible volatility of 4.641%.Pessimistic target level: 2.00Optimistic target level: 2.10, Forecast target price for 03-10-2023: $2.04. I wrote this article myself, and it expresses my own opinions. In the short run, there will be no meaningful financials. TuSimple Nearing End of the Road With Economic Espionage Allegations? TSP is currently trading in the 40-50% percentile range relative to its historical Stock Score levels. TuSimple Holdings Inc. (NASDAQ:TSP) announced its quarterly earnings results on Wednesday, November, 3rd. Increased the number of reservations for its purpose-built autonomous trucks to 7,475 from 6,975, including 350 from Loadsmith. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, We do not need to map where we dont operate, Hou said. The company can be reached via phone at 619-916-3144 or via email at ir@tusimple.com. $2.05 to $2.46. Ruiliang was the founding member of TuSimple's Infrastructure and Onboard Software group and has served as the company's Vice President of Software since 2020. Forecast target price for 03-06-2023: $2.18. It is calculated by the formula Get 30 Days of MarketBeat All Access Free, Sign in to your free account to enjoy these benefits. which is $0.06 What are analysts' forecasts for TuSimple Holdings stock? Another major hurdle for these companies is that it is hard to find truckers, especially drivers for long-haul trips. Other fees apply. Ready to grow your portfolio? Maximum value 2.53, while minimum 2.25. which is $0.04 Their TSP share price forecasts range from $1.00 to $40.00. Discounted the valuation by 10% to 15% per year, the company has a valuation of USD 4.2 billion to USD 5.3 billion at present. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. For TuSimple Holdings stocks, the 200-day moving average is the resistance level today. TSP updated stock price target summary. Shares of TuSimple Holdings Inc. are traded on the stock exchange under the ticker TSP and belong to the "Industrials" sector. We assume that TSP owns 50% of the AD truck market share, with 10 times P/S ratio. The risk involved with trading stocks, options and other securities is not suitable for all investors. The Tusimple Holdings Inc - Class A stock holds a buy signal from the short-term moving average; at the same time, however, the long-term average holds a general sell signal. The 52-week high for Tusimple Holdings Inc - Class A Stock is $16.61 and the 52-week low is $1.23. TuSimple expects no meaningful revenue from China for the rest of the year. When using the forecast data, the investor assumes all financial risks. Trading stocks, options and other securities involves risk. The slowdown by the acknowledged leader in autonomous trucking suggests that the 2024 date for commercialization may be too aggressive. liable for your own investment decisions and agree to the To see all exchange delays and terms of use please see Barchart's disclaimer. According to Allied Market Research, the autonomous driving (AD) truck market is estimated to reach USD 1.7 billion by 2025. I have read and understand the, I understand that I will be billed $499 monthly if I choose to continue. How to buy Tusimple Holdings Inc - Class A Stock? Is TuSimple Holdings A Buy Over The Next 30 Days? 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, Should I buy or sell TuSimple stock right now? than the forecast in mid-2020 - that was largely Economic Situation and Prospects 2021, which 20222023 . The pandaforecast.com portal is not responsible for the loss of your money in the stock market The chart below shows the historical price of TuSimple Holdings stock and a prediction chart for the next year. 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. For TuSimple Holdings stocks, the 200-day moving average is the resistance level today. This is considered to be a good technical signal. which is $0.04 The price has fallen in 7 of the last 10 days . googletag.enableServices(); View real-time stock prices and stock quotes for a full financial overview. Terms of Use and Privacy Policy. By creating a free account, you agree to our, Closing prices for crude oil, gold and other commodities, The implications of Walgreens' decision on abortion pills, In Britain, warm hubs emerge to beat soaring energy costs, In Chicago, adapting electric buses to winters challenges, Ukraine ally Kallas fights for reelection in Estonia vote, Global race to boost electric vehicle range in cold weather, Home Depot Stock Earnings Slide, Long Term Value Still There, AbbVie Stock Still a Solid Buy Despite Challenges, CFO, VP, Global Controller & Principal Accounting Officer. Our research is prepared for general circulation and has been prepared without regard to the individual financial circumstances and objectives of persons who receive or obtain access to it. If yes, then on this page you will find useful information about the dynamics of the TSP stock price in 2022-2027. At the end of my 7 days, my credit card will be conveniently charged $397/quarterly (every 3 months) until I cancel. The company operates its Autonomous Freight Network (AFN) L4 autonomous semi-trucks equipped with its autonomous driving technology. 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. Pessimistic: $1.47. 20.64% of the stock of TuSimple is held by insiders. ET, the stock was still down by 8.8%. This happens once a day. Forecast target price for 03-07-2023: $ 1.94. Most stock quote data provided by BATS. CBS News Reports: "It's an entirely new type of weapon." Target values for the price of one TuSimple Holdings share for May 2025. If yes, then on this page you will find useful information about the dynamics of the TSP stock price in 2022-2027. Technical analysis. The average price target represents a -11.60% change from the last price of $1.81. TuSimple Holdings Stock Forecast 03-07-2023. higher than the average price of the previous month. Provides Earnings Guidance for the Full Year 2021 . Xiaodi Hou holds a few key patents in this industry. Price at the end 2.39, change for April 4.82%. The width of this range will be StockInvest.us is a research service that provides financial data and technical analysis of publicly traded stocks. 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, On further gains, the stock will meet resistance from the long-term moving average at $2.12. This happens, among other things, in the context of validation and homologation. $0.23 (8.28%). EBITDA is earnings before interest, income tax and depreciation of assets. TuSimple Holdings Inc. 1.91 D 8.39% (0.18) Are you interested in TuSimple Holdings Inc. stocks prediction? The width of this range will be Even though it was the first listed company in this field, TSP is not the first company running road tests with autonomous trucks. higher than the average price of the previous month. Here Are 10 Other Analyst Forecasts For Friday Feb . }); Its not about trying to grow the cumulative road miles just for the sake of that metric, Dillon said. Stock Price Forecast. 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. Please log in to your account or sign up in order to add this asset to your watchlist. }); At present, the China business accounts for about a fifth of the loss in earnings before interest, taxes, depreciation and amortization. The average daily trading volume is 3.2 million shares. $0.19 per share. Please contact your financial advisor for specific financial advice tailored to your personal circumstances. Target prices for 2023, 2024, 2025, 2026 . This rating has held steady since March, when it was unchanged from a Hold rating.Move your mouse over pastmonths for detail. The minimum target price for TuSimple Holdings analysts is $7.01. Discounted the valuation by 10% to 15% per year, the company has a . people first thought TSP was a US company. This represents upside potential of 85.84% from current levels. Optimistic: $1.78, An downtrend is forecast for this month with an optimal target price of $1.5035. googletag.enableServices(); He also spent two decades in domestic and international media relations and executive communications with General Motors. $2.30 to $2.63. Based on its prospectus, TSP is planning to build a network called Autonomous Freight Network (AFN) in partnership with world-class shippers, carriers, railroads, freight brokers, fleet asset owners, and truck hardware partners. multiplying the number of shares in the company outstanding by the market price of one share. window.googletag = window.googletag || {cmd: []}; 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. Be the first to know when Wall Street analysts revise their TSP stock forecasts and price targets. 50 Day Moving Average is the resistance level (1.943 $). I have read and understand the, Characteristics and Risks of Standardized Options, The current trend is relatively stagnant and. . higher than the average price of the previous month. which is $0.14 googletag.cmd.push(function() { The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for TuSimple Holdings shares. Al Root. Autonomous trucking services can help to solve the current structural problems of US truck transportation. The average price is $2.40, TuSimple is a speculative stock due to its technological uncertainty. But higher per-mile rates led to a 10% increase in Q1 over Q4. All these innovators share similar principles in driverless system development. If you have an ad-blocker enabled you may be blocked from proceeding. as a result of using the information contained on the site. According to analysts' consensus price target of $19.15, TuSimple has a forecasted upside of 843.3% from its current price of $2.03. On average, they anticipate the company's stock price to reach $19.15 in the next twelve months. TuSimple Holdings stock price predictions for 2025 using artificial intelligence. 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. All Rights Reserved. TuSimple Holdings Inc., an autonomous technology company, develops autonomous technology specifically designed for semi-trucks in the United States and internationally. $2.59 to $2.82. The company is also collaborating with Navistar to build tailored trucks for its own fleet. The average price is $2.34, Based on an average daily trading volume, of 3,020,000 shares, the days-to-cover ratio is presently 3.9 days. It is predicted that the price of one TuSimple Holdings share in will be in the range of The New York Times Reports: "No existing defense can stop it." Tables. Buy or sell stock? 9191 Towne Centre Drive, San Diego, CA, 92122, United States. Will TSP stock price go up? Tusimple Holdings Inc - Class A Stock can be purchased through just about any brokerage firm, including online brokerage services. Further, we expressly disclaim any responsibility to update such research. Pretty epic shot at 80MPH plus with Brent Harrell in his Class 4800 during our Rigid Production. The symbol for Tusimple Holdings Inc - Class A is TSP and it is traded on the NASDAQ (NASDAQ Stock Exchange). The width of this channel is $1.19. A high percentage of insider ownership can be a sign of company health. technical signals. in this field, TSP is not the first company running road tests with autonomous trucks. What is TSP's earnings growth forecast for 2023-2025? 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". Compare Top Brokerages Here. Sundial Growers Stock Forecast 2023, 2024, 2025. Definitely we are U.S. first because in the U.S., they have the best policies to commercialize autonomy, Hou said. 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. We evaluate TSP with multiple risks in technology, competition and regulation. TuSimple had more than $1.2 billion on its balance sheet at the end of Q1. TuSimple has a P/B Ratio of 0.34. What is TSP's forecast return on equity (ROE) for 2023-2026? According to the theory of technical analysis, a downward breakdown of the channel will open (NASDAQ: LTCH) Latch's current Earnings Per Share (EPS) is -$1.59. 2025? TSP | Complete TuSimple Holdings Inc. stock news by MarketWatch. the way to $1. In the past three months, TuSimple insiders have not sold or bought any company stock. The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA). Technical analysis. The company has no profit and is unprofitable. Another pioneer, Starsky Robotics, did that even earlier, but this startup failed from a lack of funding in March 2020. Their TSP share price forecasts range from $1.00 to $40.00. googletag.cmd.push(function() { Market capitalization is the total market value of all issued shares of a company. Another pioneer, Starsky Robotics, did that even earlier, but this startup failed from a lack of funding in March 2020. 50/200 Day Moving Average: googletag.pubads().collapseEmptyDivs(); Forecst.com predicts future values using technical analysis of a large number of analytical parameters. (NASDAQ: TSP) forecast ROA is N/A, which is lower than the forecast US Trucking industry average of N/A. in 2025 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. The Chinese company, hydrogen truck maker Hydron . TuSimple Stock Can Rise 80% Because Self-Driving Tech Is a 'Must-Have' in Trucking. of $2.94 and a support level of $1.75. TSP stock returns are also predicted based on historical data. 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. less than the average price of the previous month. $0.30 (11.47%). which is $0.18 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). TuSimple reported a 2020 revenue of $1.8 million with a $178 million loss. Target price in 2025. . What is TuSimple's stock price forecast for 2023? It is predicted that the price of one TuSimple Holdings share in will be in the range of googletag.pubads().collapseEmptyDivs(); In total, 3 million shares were bought and sold for approximately $5.58 million. which is $0.06 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 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. 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. Net Cash. The stock has 11 buy ratings and one hold rating from the analysts polled by MarketBeat. $0.38 (15.16%). Pessimistic: $1.72. Since then, TSP shares have increased by 23.8% and is now trading at $2.03. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. higher than the average price of the previous month. The price will remain near the support level for 2 Past performance is not a guarantee of future results, and a loss of original capital may occur. Discovery Company. Its business model implements B2B SaaS to improve per mile costs to increase efficiency. TuSimple trades on the NASDAQ under the ticker symbol "TSP.". Wall Street Stock Market & Finance report, prediction for the future: You'll find the Arqit Quantum share forecasts, stock quote and buy / sell signals below.According to present data Arqit Quantum's ARQQ shares and potentially its market environment have been in bearish cycle last 12 months (if exists). $2.18 to $2.44. var gptSlot = googletag.defineSlot('/21776187881/FW-Responsive-Main_Content-Slot1', [[728, 90], [468, 60], [300, 100], [320, 50]], 'div-gpt-ad-b1-i-fw-ad-1').defineSizeMapping(gptSizeMaps.banner1).setCollapseEmptyDiv(true).addService(googletag.pubads()); There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. (844) 978-6257. During the last trading day the stock fluctuated 11.89% from a day low at $1.85 to a day high of $2.07. Pessimistic: $1.56. googletag.pubads().collapseEmptyDivs(); In this case, Tusimple Holdings Inc - Class A finds support just below today's level at $1.83. The weighted average target price per TuSimple Holdings share in May 2025 is: 2.81. TuSimple was the first autonomous driving company to list shares publicly in the U.S. and began testing robot trucks without a human backup driver in late 2021. . googletag.cmd.push(function() { Zscaler, Inc Plummets, Is It Time To Buy The Dip? According to 21 stock analysts, the average 12-month stock price forecast for TSP stock is $ 8.55 , which predicts an increase of 357.22%. $24.81, 52-week high/low: As of 1:57 p.m. Since the stock is closer to the resistance from accumulated volume at $2.06 which is $0.12 TuSimple (NASDAQ: TSP) also is delaying until Q3 a partnership with Union Pacific so it can haul intermodal containers rather than dry vans for the railroad. Cash & Cash Equivalents. In The average price is $2.29, As of 2023 January 18, Wednesday current price of TU stock is 21.015$ 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. The company issued 33,800,000 shares at $35.00-$39.00 per share. The average price is $2.40, Forward P/E uses projections of future earnings instead of final numbers. Analysts estimate an earnings decrease this quarter of TuSimple also expects to add more slowly to the 7.2 million autonomous miles driven to date.
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