From a long-term standpoint, the technology risk is too high. 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. $1.943 / $5.55. Nikola stock price predictions for May 2024. Apple Stock Forecast 2023, 2024, 2025. Since then, TSP shares have increased by 23.8% and is now trading at $2.03. TuSimple's stock is owned by a variety of retail and institutional investors. 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. Click for more FreightWaves articles by Alan Adler. 23 employees have rated TuSimple Chief Executive Officer Xiaodi Hou on Glassdoor.com. higher than the average price of the previous month. What is TSP's earnings growth forecast for 2023-2025? The average price target represents a -11.60% change from the last price of $1.81. The pandaforecast.com portal is not responsible for the loss of your money in the stock market 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. The business in Asia is not favorably reflected in TuSimples stock price, Dillon said. The median estimate represents a +77.34% increase from the last price of 2.03. TuSimple Holdings stock price predictions for 2025 using artificial intelligence. This product is for educational purposes only. 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. The official website for the company is www.tusimple.com. 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. 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. Maximum value 2.53, while minimum 2.25. I understand my credit card will be charged $7 today for 7 days of Platinum access. googletag.pubads().enableSingleRequest(); It is predicted that the price of one TuSimple Holdings share in will be in the range of Should I buy or sell Tusimple Holdings Inc - Class A Stock? I have read and understand the, Characteristics and Risks of Standardized Options, The current trend is relatively stagnant and. According to the issued ratings of 11 analysts in the last year, the consensus rating for TuSimple stock is Hold based on the current 4 sell ratings, 5 hold ratings and 2 buy ratings for TSP. 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 . This happens once a day. $0.21 (8.68%). No stop-loss is set. What is the symbol for Tusimple Holdings Inc - Class A Stock and on which exchange is it traded? Pessimistic: $1.65. googletag.cmd.push(function() { (NASDAQ: TSP) Tusimple Holdings's current Earnings Per Share (EPS) is -$1.81. The width of this range will be $0.23 (8.28%). attractive and any bets should be held until the stock is closer to the support level. Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price. 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. which gives a possible trading interval of +/-$0.192 (+/-9.48%) up or down from last closing price. It is calculated by the formula 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. For TuSimple Holdings stocks, the 200-day moving average is the resistance level today. According to Allied Market Research, the autonomous driving (AD) truck market is estimated to reach USD 1.7 billion by 2025. It has completed 10 pilot runs between Tucson, Arizona, and Phoenix since December. Shares Short Prior Month - the number of shares in short positions in the last month. Pessimistic: $1.76. googletag.pubads().collapseEmptyDivs(); Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. Its consensus target price of $57.15 is a . Disclaimer. Get the latest Tusimple Holdings Inc (TSP) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. Stock Price Forecast. 50/200 Day Moving Average: 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%: . Shares of TuSimple Holdings Inc. are traded on the stock exchange under the ticker TSP and belong to the "Industrials" sector. 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 . American Consumer News, LLC dba MarketBeat 2010-2023. Net Cash Per Share. The average price is $2.25, 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. Current score: 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. $0.30 (11.47%). * 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. TuSimple (TSP) is the first listed firm in the autonomous driving space. Is TSP a good long term stock? On a fall, the stock will find some support from the short-term average at $1.89. But higher per-mile rates led to a 10% increase in Q1 over Q4. googletag.pubads().collapseEmptyDivs(); Are you interested in TuSimple Holdings Inc. stocks and want to buy them, or are they already in your portfolio? TuSimple went public at $40 per share and the stock closed at $55.43 on June 15, so it's gained 38.6% in the two months since its IPO on April 15. 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. Trailing P/E depends on what has already been done. Tusimple Holdings Inc - Class A Stock can be purchased through just about any brokerage firm, including online brokerage services. is $1.75. Get 30 Days of MarketBeat All Access Free, Sign in to your free account to enjoy these benefits. Its two founders Mo Chen and Xiaodi Hou are serial entrepreneurs and professionals in AI. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. }. Market capitalization is the total market value of all issued shares of a company. 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 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. TuSimple Holdings Inc. (NASDAQ:TSP) announced its quarterly earnings results on Wednesday, November, 3rd. For TSP, it's projected to have no meaningful revenue or profits in the next couple of years. TuSimple had more than $1.2 billion on its balance sheet at the end of Q1. googletag.cmd.push(function() { Since the stock is closer to the resistance from accumulated volume at $2.06 EBITDA is earnings before interest, income tax and depreciation of assets. A. ET, the stock was still down by 8.8%. featured in The Global Fintech Index 2020 as the top Fintech company of the country. Other fees apply. The minimum target price for TuSimple Holdings analysts is $7.01. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. $2.30 to $2.63. 2022 Cable News Network. mark holds, then this will be a new channel with new goals. This figure corresponds to the Average Price over the previous 50/200 days. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Tables. in this field, TSP is not the first company running road tests with autonomous trucks. On average, they anticipate the company's stock price to reach $19.15 in the next twelve months. 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%. Another pioneer, Starsky Robotics, did that even earlier, but this startup failed from a lack of funding in March 2020. What are analysts' forecasts for TuSimple Holdings stock? For TuSimple Holdings stocks, the 50-day moving average is the support level today. The current market cap of USD 7.8 billion (as of May 15, 2021) implies a 4000x price to sales ratio as TSP only generated USD 1.8 million of revenue in 2020. Please log in to your account or sign up in order to add this asset to your watchlist. 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. As of 1:57 p.m. *Your capital is at risk. The TuSimple Holdings stock prediction results are shown below and presented as a graph, table and text information. Overall, buying TSP at the current level might be a long shot. }); TuSimple trucks are able to locate and pull over to the side of the road on their own without any human involvement. Discounted the valuation by 10% to 15% per year, the company has a . TuSimple stock fell to a low of $32.13 intraday on the listing day, which was almost 20 percent below the IPO price. 9191 TOWNE CENTRE DRIVE, SUITE 600, SAN DIEGO, CA, US. If yes, then on this page you will find useful information about the dynamics of the TSP stock price in 2022-2027. TSP share price has been in a bear cycle for the past year. Past performance is not a guarantee of future results, and a loss of original capital may occur. Autonomous driving functions must provide evidence that they are safe. How much will TuSimple Holdings stock be worth in 2025? It may also be restricted by US authorities in some way such as the censorship from the Committee on Foreign Investment in the United States. Please read the full disclaimer here. Analysts have been steadily . 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. The content on any of Financhill websites, products or communication is for educational purposes only. 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. Get short term trading ideas from the MarketBeat Idea Engine. When expanded it provides a list of search options that will switch the search inputs to match the current selection. Forecast target price for 03-06-2023: $2.18. We forecast TuSimple Holdings stock performance using neural networks based on historical data on TuSimple Holdings stocks. Any trades shown are hypothetical example and do not represent actual trades. The average price is $2.53, The company is also collaborating with Navistar to build tailored trucks for its own fleet. It intends to produce a line of purpose-built (Level 4) L4 autonomous semi-trucks for the North American market. googletag.pubads().collapseEmptyDivs(); window.googletag = window.googletag || {cmd: []}; On average, they predict the company's stock price to reach $19.15 in the next twelve months. Volume has increased on the last day along with the price, which is a .
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