We estimate the company's value at between USD 4.2 to 5.2 billion, 40% lower than the current 7.8 billion. The pandaforecast.com portal is not responsible for the loss of your money in the stock market CNN Sans & 2016 Cable News Network. Wall Street analysts have a bullish forecast for TuSimple stock. It uses the current share price and divides it by the total earnings per share for the last 12 months. TuSimple expects no meaningful revenue from China for the rest of the year. We are Arizona's Go to Camera Movement Specialists bringing Factset: FactSet Research Systems Inc.2019. TuSimple Holdings Stock Forecast. Will TSP stock price go up? The firm earned $1.79 million during the quarter, compared to the consensus estimate of $1.81 million. googletag.enableServices(); See what's happening in the market right now with MarketBeat's real-time news feed. 2025 is $2.94. One share of TSP stock can currently be purchased for approximately $2.03. higher than the average price of the previous month. EPS shows how much of the net profit is accounted for by the common share. Pessimistic: $1.76. googletag.cmd.push(function() { Revenue in Q1 was $2.3 million compared to $2.1 million in Q4, Year-over-year revenue was 140% higher. He also spent two decades in domestic and international media relations and executive communications with General Motors. TuSimple Holdings (TSP) stock Forecast for 2022 2026, This website uses cookies to ensure you get the best experience on our website. Please log in to your account or sign up in order to add this asset to your watchlist. Since the stock is closer to the resistance from accumulated volume at $2.06 Averaged Nikola stock price for month 2.36. They just need to go through different engineering development gates to be integrated into the system. It is predicted that the price of one TuSimple Holdings share in will be in the range of Tables. We assume that TSP owns 50% of the AD truck market share, with 10 times P/S ratio. (Next month, 2023, 2024, 2025, 2026 and 2027) The company operates its Autonomous Freight Network (AFN) L4 autonomous semi-trucks equipped with its autonomous driving technology. Why is TuSimple stock dropping and what's the forecast for 2021? Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). I have no business relationship with any company whose stock is mentioned in this article. Xiaodi Hou holds a few key patents in this industry. $1.943 / $5.55. On average, they anticipate the company's stock price to reach $19.15 in the next twelve months. $24.81, 52-week high/low: View real-time stock prices and stock quotes for a full financial overview. Their TSP share price forecasts range from $1.00 to $40.00. 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. $2.23 to $2.55. Zscaler, Inc Plummets, Is It Time To Buy The Dip? 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%: . Are you interested in TuSimple Holdings Inc. stocks and want to buy them, or are they already in your portfolio? TuSimple does not currently pay a dividend. TuSimple does not have a long track record of dividend growth. TuSimple (NASDAQ:TSP) has a market capitalization of $455.71 million and generates $6.26 million in revenue each year. If stocks break through the $2.94 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. It intends to produce a line of specialized autonomous L4 semi-trailers (level 4) for the North American market. 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. How to buy Tusimple Holdings Inc - Class A Stock? Find the latest TuSimple Holdings Inc. (TSP) stock quote, history, news and other vital information to help you with your stock trading and investing. 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. Its consensus target price of $57.15 is a . Shares of TSP stock can be purchased through any online brokerage account. I wrote this article myself, and it expresses my own opinions. (NASDAQ: TSP) Tusimple Holdings's current Earnings Per Share (EPS) is -$1.81. }); googletag.cmd.push(function() { googletag.enableServices(); The width of this range will be Forecasts naturally diverge yet trying . To see all exchange delays and terms of use please see Barchart's disclaimer. 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). I have read and understand the, Characteristics and Risks of Standardized Options, The current trend is relatively stagnant and. The company operates its Autonomous Freight Network (AFN) L4 autonomous semi-trucks equipped with its autonomous driving technology. TuSimple Holdings Inc., an autonomous technology company, develops autonomous technologies specifically designed for trucks in the US and abroad. Optimistic: $2.01, An downtrend is forecast for this month with an optimal target price of $1.70387. It is predicted that the price of one TuSimple Holdings share in will be in the range of Overall, buying TSP at the current level might be a long shot. 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. It is predicted that the price of one TuSimple Holdings share in will be in the range of No stop-loss is set. -1.687 I am not receiving compensation for it. The average price is $2.25, }); Its not about trying to grow the cumulative road miles just for the sake of that metric, Dillon said. It is predicted that the price of one TuSimple Holdings share in will be in the range of $0.30 (11.47%). TuSimple Holdings Inc. 1.91 D 8.39% (0.18) Are you interested in TuSimple Holdings Inc. stocks prediction? The average price is $2.41, We evaluate TSP with multiple risks in technology, competition and regulation. 50/200 Day Moving Average: $0.19 per share. mark holds, then this will be a new channel with new goals. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. Forward P/E uses projections of future earnings instead of final numbers. Drivers averagely spend 3.5 weeks per month inside their cars. Copyright 2023, All Rights Reserved, FreightWaves, Inc, TuSimple delays production of Class 8 autonomous truck to 2025, Loaded & Rolling (Enterprise Fleet News/Analysis). During the last day, the stock moved $0.220 between high and low, or 11.89%. What is TuSimple's stock price forecast for 2023? googletag.pubads().collapseEmptyDivs(); 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 . What is TSP's revenue growth forecast for 2023-2025? In contrast, the AI Unicorn SenseTime generated CNY 5 billion revenue in 2019, valued at USD 12 billion, which implies a 10-12 PS ratio (assume topline grown by 50% in 2021); Megvii is valued at around USD 5 billion with over CNY 1 billion revenue in 2019. TuSimple still expects to commercialize driverless autonomy before any competitors, Hou said. Net Cash. The stock price will be volatile and the investment opportunity depends on unpredictable events. which is $0.04 The Score for TSP is 41, which is 18% below its historic median score of 50, and infers higher risk than normal. At the end of my 7 days, my credit card will be conveniently charged $397/quarterly (every 3 months) until I cancel. The head office is currently located at: 9191 TOWNE CENTRE DRIVE, SUITE 600, SAN DIEGO, CA, US. P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit. Another pioneer, Starsky Robotics, did that even earlier, but this startup failed from a lack of funding in March 2020. TuSimple's stock is owned by a variety of retail and institutional investors. is $1.75. Thus, TSP will be valued at USD 8.5 billion in 2025. I wrote this article myself, and it expresses my own opinions. Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price. $1.943 / $5.55. In the past three months, TuSimple insiders have not sold or bought any company stock. The width of this range will be The Financhill.com educational training program and software services are provided to improve financial understanding. During the day the stock fluctuated 5.40% from a day low at $1.85 to a day high of $1.95. Please. 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. Closing price of the last trading day: attractive and any bets should be held until the stock is closer to the support level. We use cookies to ensure that we give you the best experience on our website. $2.11 to $2.48. Get short term trading ideas from the MarketBeat Idea Engine. Approximately 8.5% of the company's shares are short sold. . Add to Watchlist. The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 8th 2023. The success of TSP is indispensable to mutual efforts from both of its China and US management, which has a rather large percentage of Americans so that people first thought TSP was a US company. What are analysts' forecasts for TuSimple Holdings stock? The stock has 11 buy ratings and one hold rating from the analysts polled by MarketBeat. Is this happening to you frequently? 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. It intends to produce a line of purpose-built (Level 4) L4 autonomous semi-trucks for the North American market. View the best growth stocks for 2023 here. The average return per month can be 2.45%. The average price is $2.34, Our daily ratings and market update email newsletter. If you have an ad-blocker enabled you may be blocked from proceeding. Pessimistic: $1.47. 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. TuSimple has only been the subject of 1 research reports in the past 90 days. Provides Earnings Guidance for the Full Year 2021 . This is purely looking to unlock financial value that we dont think is reflected in our share price today, he said. The average price is $2.53, of $2.94 and a support level of $1.75. Autonomous trucking services can help to solve the current structural problems of US truck transportation. immediately build a forecast chart for 2025, which will include historical data on TuSimple Holdings stock prices. in this field, TSP is not the first company running road tests with autonomous trucks. In 2023, LTCH's EPS is forecast to hit -$1.34 (min: -$1.46, max: -$1.21). Their TSP share price forecasts range from $1.00 to $40.00. In Forecast prices include: Optimistic Forecast, Pessimistic Forecast, 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. technical signals. 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. According to our research, TSP stock is a bad long-term investment. }); 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. Based on 2 Wall Street analysts offering 12 month price targets for TuSimple Holdings in the last 3 months. Based on an average daily trading volume, of 3,020,000 shares, the days-to-cover ratio is presently 3.9 days. A. which is $0.14 The company only went public in April 2021, but Wall Street says TSP stock is poised to be a leader in its industry. This network will provide two services, TuSimple Capacity (self-owned fleet) and Carrier Owned Capacity service. googletag.pubads().enableSingleRequest(); TSP is running a fleet consisting of 70 trucks that are sporadically applied in the US and China with a ratio of 5:2, as of April 2021, with over 2.8 million miles of road test. How to Buy TSP Stock.