All articles tagged with #long term guidance
Dell Technologies raised its long-term revenue growth forecast to 7-9% and its earnings growth target to 15% or more, driven by strong demand for AI infrastructure, leading to a stock increase and a potential new 52-week high.
Investment management firm ARK Invest has released its updated long-term guidance for Tesla (TSLA) stock, projecting an average expected value of $2,000 per share in 2027. ARK's estimates largely hinge on Tesla's Autopilot and Full Self-Driving technology, with the firm expecting Tesla's Robotaxi business to account for significant portions of the EV maker's revenue. ARK's bear case scenario of TSLA shares reaching $1,400 per share by 2027 involves the EV maker launching a human-driven ride-hail service, while its more optimistic estimates are based on the assumption that Tesla will achieve autonomy in the coming years.