The predicted opening price is based on yesterday's movements between high, low, and closing price. What is the future of TuSimple Holdings stock? TuSimple is delaying its purpose-built production truck until 2025. At the same time, the number of shares in circulation is 199 425 000. 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. Here Are 10 Other Analyst Forecasts For Friday Feb . 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. . View institutional ownership trends. 50/200 Day Moving Average: For TSP, it's projected to have no meaningful revenue or profits in the next couple of years. According to our research, TSP stock is a bad long-term investment. The risk of loss in trading securities can be substantial. The current consensus among 10 polled investment analysts is to Hold stock in TuSimple Holdings Inc. Compare Top Brokerages Here. TuSimple's stock is owned by a variety of retail and institutional investors. The average price target is $1.60 with a high forecast of $2.20 and a low forecast of $1.00. 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, I have read and understand the, I understand that I will be billed $499 monthly if I choose to continue. 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. }. 2025? The gray color What's the current price of Tusimple Holdings Inc - Class A Stock? According to Allied Market Research, the autonomous driving (AD) truck market is estimated to reach USD 1.7 billion by 2025. 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. The average price is $2.67, The current TuSimple Holdings [ TSP] share price is $2.09. window.googletag = window.googletag || {cmd: []}; The head office is currently located at: 9191 TOWNE CENTRE DRIVE, SUITE 600, SAN DIEGO, CA, US. Its AFN is an ecosystem that consists of L4 autonomous semi-trucks, high definition digital mapped routes, terminals, and TuSimple Connect, a cloud-based autonomous operations oversight system. It is predicted that the price of one TuSimple Holdings share in will be in the range of As of 2023 February 20, Monday current price of MTTR stock is 3.605$ and our data indicates that the asset price has been in a downtrend for the past 1 year (or since its inception).. Matterport stock price has been showing a declining tendency so we believe that similar market segments were not very popular in the given period. Thus the traditional approaches including multiples and discounted cash flow are not suitable for gauging. Nothing here in constitutes a recommendation respecting the particular security illustrated. The minimum target price for TuSimple Holdings analysts is $7.01. Its business model implements B2B SaaS to improve per mile costs to increase efficiency. Other fees apply. How to buy TSP stock and grow your wealth. The turquoise color shows the price forecast with a possible range of fluctuations. TuSimple Holdings Inc. The upcoming earnings date for Tusimple Holdings Inc - Class A is 2023-03-08 00:00:00. We, therefore, hold a negative evaluation of this stock. googletag.pubads().enableSingleRequest(); Target levels, support and resistance levels. Get daily stock ideas from top-performing Wall Street analysts. Is Tusimple Holdings Stock a good buy in 2023, according to Wall Street analysts? Tables. Sign in to your free account to enjoy all that MarketBeat has to offer. The market capitalization of TuSimple Holdings is $2 044 339 000. TuSimple Holdings Stock Forecast. googletag.enableServices(); The company is continuing to look into the spinoff or possible sale of its China operations. Nikola stock price predictions for May 2024. TuSimple does not have a long track record of dividend growth. In total, 3 million shares were bought and sold for approximately $5.58 million. 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). 50/200 Day Moving Average: Click for more FreightWaves articles by Alan Adler. What is TuSimple's stock price forecast for 2023? The width of this range will be All users should speak with their financial advisor before buying or selling any securities. Target values for the price of one TuSimple Holdings share for May 2025. EPS shows how much of the net profit is accounted for by the common share. Overall, buying TSP at the current level might be a long shot. Xiaodi Hou holds a few key patents in this industry. When expanded it provides a list of search options that will switch the search inputs to match the current selection. StockInvest.us provides daily technical stock analysis commentaries and 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. Since the stock is closer to the resistance from accumulated volume at $2.06 $2.05 to $2.33. which is $0.04 P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit. I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. (844) 978-6257. which is $0.27 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. Pessimistic: $1.76. The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Their TSP share price forecasts range from $1.00 to $40.00. Will TSP stock price go up? Lucid Group Inc () Stock Market info Recommendations: Buy or sell Lucid Group stock? TSP Stock 12 Months Forecast. If you have an ad-blocker enabled you may be blocked from proceeding. Get short term trading ideas from the MarketBeat Idea Engine. It is predicted that the price of one TuSimple Holdings share in will be in the range of The content on any of Financhill websites, products or communication is for educational purposes only. $2.21 to $2.42. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. $, Last trading day: 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. 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. googletag.pubads().collapseEmptyDivs(); It is predicted that the price of one TuSimple Holdings share in will be in the range of Forecast prices include: Optimistic Forecast, Pessimistic Forecast, Please read the full disclaimer here. Well be using retrofitted trucks initially starting at the end of 2023 into 2024.. gptAdSlots.push(gptSlot); $2.05 to $2.46. which is $0.09 TuSimple Holdings Inc. stock trend is negative. liable for your own investment decisions and agree to the TuSimple had more than $1.2 billion on its balance sheet at the end of Q1. 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 catalyst that sent the self-driving . than the forecast in mid-2020 - that was largely Economic Situation and Prospects 2021, which 20222023 . Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. Be the first to know when Wall Street analysts revise their TSP stock forecasts and price targets. }); Alan Adler is an award-winning journalist who worked for The Associated Press and the Detroit Free Press. Founded in 2014, EqualOcean is headquartered in Beijing and has offices in Shanghai, Shenzhen and New York.For more information, contact us at contact@equalocean.com. TSP is a speculative stock due to its technological uncertainty. . What is the symbol for Tusimple Holdings Inc - Class A Stock and on which exchange is it traded? 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. TuSimple reported a 2020 revenue of $1.8 million with a $178 million loss. I have no business relationship with any company whose stock is mentioned in this article. Practical application of the products herein are at your own risk and Financhill.com, its partners, representatives and employees assume no responsibility or liability for any use or mis-use of the product. It is predicted that the price of one TuSimple Holdings share in will be in the range of The company's earnings before interest, taxes and depreciation for last year (called EBITDA) was -412 236 000$. This suggests a possible upside of 843.3% from the stock's current price. The width of this range will be In this case, Tusimple Holdings Inc - Class A finds support just below today's level at $1.83. $1.943 / $5.55. Close price at the end of the last trading day (Tuesday, 28th Feb 2023) of the TSP stock was $1.92. The price has fallen in 7 of the last 10 days . Jan. 11, 2022 11:36 am ET. The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 8th 2023. It uses the current share price and divides it by the total earnings per share for the last 12 months. 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. Factset: FactSet Research Systems Inc.2019. For convenience, prices are divided by color. Insiders that own company stock include Brad W Buss, Cheng Lu, Eric R Tapia, James Mullen, Karen C Francis and Patrick Dillon. Pessimistic target level: 1.90. Target price in 2025. . All times are ET. The symbol for Tusimple Holdings Inc - Class A is TSP and it is traded on the NASDAQ (NASDAQ Stock Exchange). . Is TSP a good long term stock? 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. Other directors have abundant experience in the US truck sector. 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 Stock Forecast, Predictions & Price Target. View analysts price targets for TSP or view top-rated stocks among Wall Street analysts. How to buy Tusimple Holdings Inc - Class A Stock? TuSimple's mailing address is 9191 TOWNE CENTRE DRIVE SUITE 600, SAN DIEGO CA, 92122. That should be enough to fund its commercialization plan. 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. It is predicted that the price of one TuSimple Holdings share in will be in the range of Real-time analyst ratings, insider transactions, earnings data, and more. For TuSimple Holdings stocks, the 50-day moving average is the support level today. less than the average price of the previous month. The Chinese company, hydrogen truck maker Hydron . Today 200 Day Moving Average is the resistance level (5.55 $). Autonomous driving functions must provide evidence that they are safe. "locale": "en" If stocks break through the $2.94 Get 30 Days of MarketBeat All Access Free, Sign in to your free account to enjoy these benefits. This happens, among other things, in the context of validation and homologation. The company operates L4 Autonomous Freight Network (AFN) autonomous trucks equipped with autonomous driving technology. to a single whole. The average price is $2.40, $0.34 (12.78%). The forecast for beginning of April 2.28. 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 . What are analysts' forecasts for TuSimple Holdings stock? Announced an advanced integration with Werner Enterprises to provide roadside service and support to customers operating in driver-out autonomous mode. $1.943 / $5.55. We forecast TuSimple Holdings stock performance using neural networks based on historical data on TuSimple Holdings stocks. The average price target represents a -11.60% change from the last price of $1.81. Any trades shown are hypothetical example and do not represent actual trades. Their TSP share price forecasts range from $1.00 to $40.00. Thus, in the period from the current date until the end of 2025, it is possible to form a channel with a resistance level I have no business relationship with any company whose stock is mentioned in this article. 2022 Cable News Network. All rights reserved. The Score for TSP is 41, which is 18% below its historic median score of 50, and infers higher risk than normal. Pessimistic target level: 2.54. What is TSP's revenue growth forecast for 2023-2025? and Weighted Average Best Forecast. What is the probability of exiting the channel up? Technical analysis, historical chart. higher than the average price of the previous month. Most stock quote data provided by BATS. googletag.enableServices(); While encountering these issues, how does TSP resolve this challenge? less than the average price of the previous month. $24.81, 52-week high/low: To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. The average price is $2.29, 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Based on an average daily trading volume, of 3,020,000 shares, the days-to-cover ratio is presently 3.9 days. If yes, then on this page you will find useful information about the dynamics of the TuSimple Holdings All submitted consensus forecasts are exposed to get acquainted with the algorithm for collecting forecasts and bringing them which is $0.06 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). Wall Street analysts have a bullish forecast for TuSimple stock. higher than the average price of the previous month. That will reduce the cost-per-mile operation. 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. In the short run, there will be no meaningful financials. $2.28 to $2.57. googletag.pubads().collapseEmptyDivs(); It has completed 10 pilot runs between Tucson, Arizona, and Phoenix since December. What is a Good Dividend Yield? A Warner Bros. By. TSP share price has been in a bear cycle for the past year. Market capitalization is the total market value of all issued shares of a company. For TuSimple Holdings stocks, the 50-day moving average is the resistance level today. Optimistic: $1.78, An downtrend is forecast for this month with an optimal target price of $1.5035. which is $0.04 Optimistic: $1.99, An uptrend is forecast for this month with an optimal target price of $1.91215. Alternatively, we did a scenario analysis for TuSimple. I have read and understand the, Characteristics and Risks of Standardized Options, The current trend is relatively stagnant and. If this is broken, then the next support from accumulated volume will be at $1.71 and $1.54. According to the theory of technical analysis, a downward breakdown of the channel will open The lowest price level the stock can fall to 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 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. 1.11B. Are you interested in TuSimple Holdings Inc. stocks prediction? The average twelve-month price prediction for TuSimple is $19.15 with a high price target of $40.00 and a low price target of $1.00. $2.30 to $2.63. From a long-term standpoint, the technology risk is too high. Source: TuSimple. TuSimple expects no meaningful revenue from China for the rest of the year. ET, the stock was still down by 8.8%. See what's happening in the market right now with MarketBeat's real-time news feed. 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 . All these innovators share similar principles in driverless system development. P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit. The stock price will be volatile and the investment opportunity depends on unpredictable events. Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price. Buy or sell stock? The official website for the company is www.tusimple.com. Any other use, including for any commercial purposes, is strictly prohibited without our express prior written consent. TuSimple Holdings (TSP) stock consensus forecasts for 2025. 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.

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