Tag

Daniel Ives

All articles tagged with #daniel ives

business3 months ago

Apple's Stock Rebounds on iPhone 17 Success and Raised Price Targets

Apple's stock has rebounded and reached a new high after positive reports on the iPhone 17's strong start and demand, especially for the Pro models, with analyst Daniel Ives raising his price target to $310 due to optimistic growth prospects and AI integration opportunities. Despite competition and geopolitical tensions, Apple is positioned for growth, particularly in China, driven by new product cycles and AI monetization strategies.

business1 year ago

California's EV Credit Plan Sparks Tension with Tesla and Musk

Wedbush analyst Daniel Ives remains bullish on Tesla stock despite potential challenges from California Governor Gavin Newsom's proposed exclusion of Tesla from state EV incentives. This move, seen as a political maneuver, could lead to a "Game of Thrones Battle" with Elon Musk, especially as federal EV tax credits are set to be rolled back. Ives argues that Tesla's market dominance and scale will provide a competitive edge in a non-subsidy environment, maintaining an Outperform rating with a $400 price target, despite a broader analyst consensus of Hold.

finance1 year ago

Tesla Stock Surges Amid Reports of Relaxed Self-Driving Regulations

Tesla shares surged following reports that the Trump administration plans to prioritize a federal framework for autonomous vehicles, a move seen as beneficial for Tesla's self-driving ambitions. Wedbush analyst Daniel Ives views this as a significant regulatory milestone, potentially boosting Tesla's valuation to $1.5-$2 trillion in the next 12-18 months. Ives rates Tesla as a Buy with a $400 price target, though the stock holds a Neutral consensus among analysts, who generally see it as overvalued.

business1 year ago

Tesla Stock in the Balance: Election Outcomes and Musk's Political Moves

Wedbush analyst Daniel Ives suggests that a Trump presidency could have mixed effects on Tesla. While Trump's critical stance on the EV industry might lead to the removal of EV subsidies, Tesla's scale could give it a competitive edge. Additionally, higher tariffs on Chinese imports could benefit Tesla by limiting competition from Chinese EV makers. However, potential trade tensions with China pose a risk, as a significant portion of Tesla's production and sales are linked to the region. Ives maintains an 'Outperform' rating for Tesla, with a $300 price target.