The width of this range will be The company issued 33,800,000 shares at $35.00-$39.00 per share. Last update: 01/16/2023, 07:47 AM . googletag.enableServices(); Tusimple Holdings Inc - Class A Stock can be purchased through just about any brokerage firm, including online brokerage services. Pessimistic: $1.60. We evaluate TSP with multiple risks in technology, competition and regulation. P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit. TuSimple trades on the NASDAQ under the ticker symbol "TSP.". 3 Service Stocks Poised to Beat Earnings Estimates in Q4, TuSimple Holdings Inc. (NASDAQ:TSP) Receives $19.57 Average Target Price from Analysts, [BREAKING] New "Living Missile" to Replace Nuclear Missiles, TuSimple Holdings Inc.'s (NASDAQ:TSP) top owners are individual investors with 33% stake, while 28% is held by institutions, 3 Stocks to Watch From a Promising Technology Services Industry. Stock Price Forecast. Please read the full disclaimer here. Approximately 8.5% of the company's shares are short sold. forecast price, but approximately in the range between the pessimistic and optimistic target price. which gives a possible trading interval of +/-$0.192 (+/-9.48%) up or down from last closing price. less than the average price of the previous month. 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. The company was founded in 2015 and is headquartered in San Diego, California. This represents upside potential of 85.84% from current levels. Further, owners, employees, agents or representatives of Financhill are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory. The company can be reached via phone at 619-916-3144 or via email at [email protected]. TuSimple saw a increase in short interest in the month of February. 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). What are analysts forecasts for TSP stock? 9191 Towne Centre Drive, San Diego, CA, 92122, United States. Based on 2 Wall Street analysts offering 12 month price targets for TuSimple Holdings in the last 3 months. 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. This suggests a possible upside of 843.3% from the stock's current price. TuSimple Holdings Inc. stock trend is negative. Tables. TuSimple had a negative trailing twelve-month return on equity of 36.09% and a negative net margin of 4,697.76%. The Financhill.com educational training program and software services are provided to improve financial understanding. On average, they predict the company's stock price to reach $19.15 in the next twelve months. All these innovators share similar principles in driverless system development. If Tusimple Holdings Inc - Class A takes out the full calculated possible swing range there will be an estimated 18.96% move between the lowest and the highest trading price during the day. And one small company is building them for the Pentagon! Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. $0.21 (8.68%). Please contact your financial advisor for specific financial advice tailored to your personal circumstances. Summary of all time highs, changes and price drops for TuSimple Holdings; Historical stock prices; Current Share Price: US$1.83: 52 Week High: US$16.61: 52 Week Low: US$1.23: Beta: 0: 1 Month Change-12.86%: 3 Month Change-17.19%: . Pessimistic target level: 1.90. If yes, then on this page you will find useful information about the dynamics of the TuSimple Holdings When should I take profit in TuSimple Holdings stock? window.googletag = window.googletag || {cmd: []}; Are you interested in TuSimple Holdings stocks and want to buy them, or are they already in your portfolio? It is predicted that the price of one TuSimple Holdings share in will be in the range of . Shares of TuSimple Holdings ( TSP -4.69%) shifted into reverse on Monday, declining by as much as 10%. TuSimple is delaying its purpose-built production truck until 2025. TuSimple Holdings stock forecasts are adjusted once a day based on the closing price of the previous trading day. which is $0.09 Identify stocks that meet your criteria using seven unique stock screeners. higher than the average price of the previous month. What is the probability of exiting the channel up? Optimistic: $1.99, An uptrend is forecast for this month with an optimal target price of $1.91215. The weighted average target price per TuSimple Holdings share in May 2025 is: 2.81. Disclaimer: Past performance is no guarantee of future performance. Since the stock is closer to the resistance from accumulated volume at $2.06 liable for your own investment decisions and agree to the Click for more FreightWaves articles by Alan Adler. TSP stock forecasts by analyst. During the last day, the stock moved $0.220 between high and low, or 11.89%. to move between $1.84 and $2.22, I have no business relationship with any company whose stock is mentioned in this article. The head office is currently located at: 9191 TOWNE CENTRE DRIVE, SUITE 600, SAN DIEGO, CA, US. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. higher than the average price of the previous month. [email protected] The width of this range will be I have read and understand the, I understand that I will be billed $499 monthly if I choose to continue. Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price. Today 200 Day Moving Average is the resistance level (5.55 $). The company reported ($0.54) EPS for the quarter, missing the consensus estimate of ($0.50) by $0.04. 2025 is $2.94. Pessimistic: $1.71. The company wants to add more outside directors. Last updated: February 22, 2023. I understand that I am receiving a special one-time deal and will be billed $397 for 6 months membership (instead of the usual 3 months quarterly membership) and that after 6 months I will be billed at $397 quarterly thereafter unless I choose to cancel, which I may do at any time. TuSimple Holdings Inc., an autonomous technology company, develops autonomous technology specifically designed for semi-trucks in the United States and internationally. Slightly reduced the number of miles driven that generated revue. TuSimple (TSP) Expected to Beat Earnings Estimates: What to Know Ahead of Q4 Release, TuSimple Adds Independent Directors to Government Security Committee, TuSimple (TSP) Upgraded to Buy: Here's Why, Self-Driving Truck Company TuSimple Axed Close To 350 Employees As Macro Uncertainties Weigh, TuSimple Announces Restructuring with a Focus on Investing in R&D to Advance Autonomous Trucking Technology, Autonomous-trucking company TuSimple to slash 25% of staff, citing "macroeconomic conditions", TuSimple Layoffs: What to Know About the Latest TSP Job Cuts, TuSimple Plans To Cut Half Its Workforce: Report, TuSimple Sets Path for Stability with Appointment of Independent Directors and Permanent Chief Financial Officer, TuSimple Appoints Independent Director to its Board, TuSimple And Navistar End Self-Driving Truck Development Deal, CLASS ACTION UPDATE for CMP, TSP and UIS: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders, INVESTOR ACTION REMINDER: The Schall Law Firm Encourages Investors in TuSimple Holdings Inc. with Losses of $100,000 to Contact the Firm, Bronstein, Gewirtz & Grossman, LLC Notifies TuSimple Holdings Inc. (TSP) Investors of Class Action and to Actively Participate, TuSimple Receives Expected Notice from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q, TuSimple Co-founder Mo Chen Takes Charge As Regulators Probed Related Party Transaction Concerning His Hydrogen Trucking Startup, 3 Technology Services Stocks to Watch From a Promising Industry, TSP Stock Alert: 9 Things to Know as TuSimple Says Goodbye to CEO, TuSimple Announces Third Quarter 2022 Results, view top-rated stocks among Wall Street analysts, 9191 TOWNE CENTRE DRIVE SUITE 600, SAN DIEGO CA, 92122. Nikola stock price predictions for May 2024. $1.943 / $5.55. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. All Rights Reserved. $0.08 per share, a decrease next quarter of If you continue to use this site we will assume that you are happy with it. Should I buy or sell TuSimple stock right now? Be the first to know when Wall Street analysts revise their TSP stock forecasts and price targets. The width of this range will be $, Last trading day: All content of the Dow Jones branded indices S&P Dow Jones Indices LLC 2019 and/or its affiliates. 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 . { A high percentage of insider ownership can be a sign of company health. TuSimple Holdings (TSP) stock consensus forecasts for 2025. I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. "colorTheme": "light", Last update: 01/13/2023, 08:57 AM . TuSimple Holdings stock forecast for 2025 by month. WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security. Further, we expressly disclaim any responsibility to update such research. in this field, TSP is not the first company running road tests with autonomous trucks. $0.28 (11.26%). Some negative signals were issued as well, and these may have some influence on the near short-term development. 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. All rights reserved. Xiaodi Hou has an approval rating of 70% among the company's employees. Short-term and long-term forecasts for TuSimple Holdings shares. In 2025, TSP is forecast to generate -$224,486,658 in earnings, with the lowest earnings forecast at -$457,952,782 and the highest earnings forecast at $6,734,600. In 2025, TSP's EPS is forecast to hit -$1.00 (min: -$2.04, max: $0.03). The width of this range will be Lucid Group Inc () Stock Market info Recommendations: Buy or sell Lucid Group stock? $2.11 to $2.48. Mordor Intelligence cites the US heavy-duty trucking market to be valued at $190B in 2020 with a 2026 forecast reaching $280B (7.34% CAGR). Cash & Cash Equivalents. featured in The Global Fintech Index 2020 as the top Fintech company of the country. The average price is $2.53, Sign-up to receive the latest news and ratings for TuSimple and its competitors with MarketBeat's FREE daily newsletter. less than the average price of the previous month. The investment must compensate with a deeply discounted cap, but the market doesn't show that yet. Since then, TSP shares have increased by 23.8% and is now trading at $2.03. Trailing P/E depends on what has already been done. Autonomous driving functions must provide evidence that they are safe. For convenience, prices are divided by color. EqualOcean is an investment research firm and information service provider focusing on China's Technology, Automotive and Consumer Internet sectors. How to buy TSP stock and grow your wealth. I have read and understand the, I understand that I will be billed $1,794 annually if I choose to continue. Optimistic target level: 2.94. The average price target represents a -11.60% change from the last price of $1.81. Morningstar: 2019 Morningstar, Inc. All Rights Reserved. While encountering these issues, how does TSP resolve this challenge? which is $0.04 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. Another pioneer, Starsky Robotics, did that even earlier, but this startup failed from a lack of funding in March 2020. TuSimple Stock Can Rise 80% Because Self-Driving Tech Is a 'Must-Have' in Trucking. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. 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. I am not receiving compensation for it. 9191 TOWNE CENTRE DRIVE, SUITE 600, SAN DIEGO, CA, US. We hold a negative evaluation for this stock. which is $0.06 $0.32 (12.37%). In 2023, LTCH's EPS is forecast to hit -$1.34 (min: -$1.46, max: -$1.21). Nothing here in constitutes a recommendation respecting the particular security illustrated. Our research is based on sources that we believe to be reliable. This will be a good year for TuSimple Holdings stock. Optimistic target level: 2.00. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 350 thousand more shares were traded than the day before. The company operates its Autonomous Freight Network (AFN) L4 autonomous semi-trucks equipped with its autonomous driving technology. TuSimple Nearing End of the Road With Economic Espionage Allegations? 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. 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. StockInvest.us provides daily technical stock analysis commentaries and Other directors have abundant experience in the US truck sector. Is this happening to you frequently? What are analysts' forecasts for TuSimple Holdings stock? It is predicted that the price of one TuSimple Holdings share in will be in the range of For TuSimple Holdings stocks, the 50-day moving average is the support level today. The price will remain near the support level for 2 Revenue in Q1 was $2.3 million compared to $2.1 million in Q4, Year-over-year revenue was 140% higher. The average price is $2.40, The second model will give current truck owners an option to choose whether to deploy their solutions and charge a rate based on per mile subscription (SaaS). All of these are pretty mature technologies, CEO and Chairman Xiaodi Hou said. ET, the stock was still down by 8.8%. If this is broken, then the next support from accumulated volume will be at $1.71 and $1.54. The median . higher than the average price of the previous month. It is predicted that the price of one TuSimple Holdings share in will be in the range of TSP is currently trading in the 40-50% percentile range relative to its historical Stock Score levels. googletag.enableServices(); TuSimple's mailing address is 9191 TOWNE CENTRE DRIVE SUITE 600, SAN DIEGO CA, 92122. By. When should I record a loss on TuSimple Holdings stock? 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. The stock rose about 2% in . See what's happening in the market right now with MarketBeat's real-time news feed. TSP updated stock price target summary. Are you interested in TuSimple Holdings Inc. stocks prediction? in 2025 Past performance is not a guarantee of future results, and a loss of original capital may occur. 11 Wall Street analysts have issued 1-year price objectives for TuSimple's stock. $24.81, 52-week high/low: Losses are not predicted. Move your mouse over a quarter or year to see how estimates have changed over time. 2022 Cable News Network. }); TuSimple is delaying commercialization of its purpose-built autonomous trucks until 2025 while relying on retrofits of existing Navistar equipment to expand driverless routes from Arizona into Texas. $50.3 / $5.99. Users should not base their investment decision upon StockInvest.us. TuSimple is a speculative stock due to its technological uncertainty. TuSimple reported a 2020 revenue of $1.8 million with a $178 million loss. What is TSP's forecast return on equity (ROE) for 2023-2026? The average price is $2.31, TuSimple (TSP) is the first listed firm in the autonomous driving space. That is one of several safety requirements before the trucks can go it alone. Thus, TSP will be valued at USD 8.5 billion in 2025. Increased the number of reservations for its purpose-built autonomous trucks to 7,475 from 6,975, including 350 from Loadsmith. Their TSP share price forecasts range from $1.00 to $40.00. This is considered to be a good technical signal. . as a result of using the information contained on the site. Receive TSP Stock News and Ratings via Email, February 22, 2023|americanbankingnews.com. attractive and any bets should be held until the stock is closer to the support level. It intends to produce a line of specialized autonomous L4 semi-trailers (level 4) for the North American market. 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 . On average, analysts rate TSP stock as a sell. Apple Stock Forecast 2023, 2024, 2025. This network will provide two services, TuSimple Capacity (self-owned fleet) and Carrier Owned Capacity service. In the short run, there will be no meaningful financials. View TSP analyst ratings or view top-rated stocks. Said co-founder Mo Chen will not stand for reelection to the TuSimple board in June. Source: TuSimple. When should I take profit in TuSimple Holdings stock? 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. Target prices for 2023, 2024, 2025, 2026 . They just need to go through different engineering development gates to be integrated into the system. 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 . Shares Short Prior Month - the number of shares in short positions in the last month. window.googletag = window.googletag || {cmd: []}; googletag.pubads().enableSingleRequest(); which is $0.04 It is calculated by the formula TuSimple Holdings (TSP) stock Forecast for 2022 2026, This website uses cookies to ensure you get the best experience on our website. financial data for more than 25 000 publicly traded companies based on our calculated MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. If stocks break through the $2.94 The risk of loss in trading securities can be substantial. Net Cash. Market capitalization is the total market value of all issued shares of a company. Analysts estimate an earnings decrease this quarter of Nothing in its products, services, or communications shall be construed as a solicitation and/or recommendation to buy or sell a security. TuSimple Holdings Inc. analyst ratings, historical stock prices, earnings estimates & actuals. Prior to buying or selling an option, an investor must evaluate his/her own personal financial situation and consider all relevant risk factors. $0.30 (11.47%). The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 8th 2023. 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. TuSimple also expects to add more slowly to the 7.2 million autonomous miles driven to date. 01/01/1970, Analyst forecast price: Its two founders Mo Chen and Xiaodi Hou are serial entrepreneurs and professionals in AI. and Weighted Average Best Forecast. $2.22 to $2.50. googletag.cmd.push(function() { 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. 1.11B. 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. A report by Allied Market Research estimated that the global EV industry will reach $802.8 billion in the same seven-year period. What is LTCH's Earnings Per Share (EPS) forecast for 2023-2023? 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. Volume is rising along with the price. In 2025, TSP is forecast to generate -$224,486,658 in earnings, with the lowest . This is purely looking to unlock financial value that we dont think is reflected in our share price today, he said. The consensus among Wall Street research analysts is that investors should "hold" TSP shares. In the past three months, TuSimple insiders have not sold or bought any company stock. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. 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 . The chances of breaking through the resistance level in this and subsequent periods are very small. googletag.pubads().collapseEmptyDivs(); One share of TSP stock can currently be purchased for approximately $2.03. Ginkgo Bioworks stock price ended on $1.40 on Thursday after losing 0%(Updated on Mar 02, 2023) No changes to the price of Ginkgo Bioworks stock on the last trading day (Thursday, 2nd Mar 2023). Wall Street analysts have a bullish forecast for TuSimple stock. The price target represents a potential 36% jump in share prices from Friday's closing price of $37.29 per share. In Further rise is indicated until a new top pivot has been found. This button displays the currently selected search type. googletag.pubads().collapseEmptyDivs(); 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. All rights reserved. To see all exchange delays and terms of use please see Barchart's disclaimer. This happens once a day. "locale": "en" Announced an advanced integration with Werner Enterprises to provide roadside service and support to customers operating in driver-out autonomous mode. Add to Watchlist. What is TSP's Earnings Per Share (EPS) forecast for 2023-2025? multiplying the number of shares in the company outstanding by the market price of one share. $0.27 (10.89%). Its consensus target price of $57.15 is a . How to Decide, Taiwan Semiconductor Manufacturing Expanding in the West, One Way to Earn More From Dividend Stocks, How to Choose a Winning Dividend Investing Strategy, 3 Industries Leading the Stock Market Rebound, Oil Tankers Boost Dividends, See Continued Robust Business In '23. It is calculated by the formula When using the forecast data, the investor assumes all financial risks. Financhill is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Shares Short Prior Month - the number of shares in short positions in the last month. TSP's revenue is forecast to grow at an exceptional rate of 449.54% per year, TSP's revenues are forecast to grow faster (449.54% per year) than the US market average (8.79%). The predicted opening price is based on yesterday's movements between high, low, and closing price. TuSimple Holdings Inc., an autonomous technology company, develops autonomous technologies specifically designed for trucks in the US and abroad. View real-time stock prices and stock quotes for a full financial overview. View the latest TuSimple Holdings Inc. (TSP) stock price, news, historical charts, analyst ratings and financial information from WSJ. 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. Forecast target price for 03-06-2023: $2.18. Short-term and long-term forecasts for TuSimple Holdings shares. The average price is $2.38, CNN Sans & 2016 Cable News Network. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. TuSimple Holdings Inc. The turquoise color shows the price forecast with a possible range of fluctuations. The 6 analysts offering 12-month price forecasts for TuSimple Holdings Inc have a median target of 3.60, with a high estimate of 10.36 and a low estimate of 1.00. TSP. The average daily trading volume is 3.2 million shares. All users should speak with their financial advisor before buying or selling any securities. $2.59 to $2.82. The company is also collaborating with Navistar to build tailored trucks for its own fleet. (NASDAQ: LTCH) Latch's current Earnings Per Share (EPS) is -$1.59. 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. Will TSP stock price go up? A hold rating indicates that analysts believe investors should maintain any existing positions they have in TSP, but not buy additional shares or sell existing shares. We forecast TuSimple Holdings stock performance using neural networks based on historical data on TuSimple Holdings stocks. Averaged Nikola stock price for month 2.36. 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). googletag.cmd.push(function() { 50/200 Day Moving Average: Current score: The width of this range will be Expanded its dedicated AFN terminal footprint to Ryder facilities in Houston and Laredo, Texas, preparing for driver-out operations. For the last week, the stock has had daily average volatility of 8.39%. TSP Stock 12 Months Forecast. The minimum target price for TuSimple Holdings analysts is $7.01. which is $0.12 moreover, are not trading signals. as a result of using the information contained on the site. Optimistic: $1.75, An uptrend is forecast for this month with an optimal target price of $1.69267. On average, they anticipate the company's stock price to reach $19.15 in the next twelve months. During the last trading day the stock fluctuated 11.89% from a day low at $1.85 to a day high of $2.07. While the . which is $0.18 Factset: FactSet Research Systems Inc.2019. }); Alan Adler is an award-winning journalist who worked for The Associated Press and the Detroit Free Press.
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