Its two founders Mo Chen and Xiaodi Hou are serial entrepreneurs and professionals in AI. $0.08 per share, a decrease next quarter of Pessimistic target level: 1.90. 68.0% of employees surveyed would recommend working at TuSimple to a friend. Is Tusimple Holdings Stock a good buy in 2023, according to Wall Street analysts? Is TSP a good long term stock? Source: TuSimple. Their TSP share price forecasts range from $1.00 to $40.00. Autonomous trucking services can help to solve the current structural problems of US truck transportation. (Photo: TuSimple) 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. We do not need to map where we dont operate, Hou said. here for our free guide on how to buy Tusimple Holdings Inc - Class A Stock. TuSimple Holdings Inc. TuSimple Holdings (TSP) stock forecast for 2025, This website uses cookies to ensure you get the best experience on our website. $1.943 / $5.55. 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 head office is currently located at: 9191 TOWNE CENTRE DRIVE, SUITE 600, SAN DIEGO, CA, US. View institutional ownership trends. 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. The company is also collaborating with Navistar to build tailored trucks for its own fleet. About the TELUS Corp. stock forecast. which is $0.14 Expanded its dedicated AFN terminal footprint to Ryder facilities in Houston and Laredo, Texas, preparing for driver-out operations. Is it worth taking profit / loss on TuSimple Holdings stock now or waiting? No one receiving or accessing our research should make any investment decision without first consulting his or her own personal financial advisor and conducting his or her own research and due diligence, including carefully reviewing any applicable prospectuses, press releases, reports and other public filings of the issuer of any securities being considered. How about testing the strength of the support level? 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. Trailing P/E depends on what has already been done. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. financial data for more than 25 000 publicly traded companies based on our calculated The forecast for beginning of April 2.28. TuSimple Holdings Stock Forecast 03-07-2023. Pessimistic: $1.56. The stock has 11 buy ratings and one hold rating from the analysts polled by MarketBeat. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Definitely we are U.S. first because in the U.S., they have the best policies to commercialize autonomy, Hou said. googletag.defineSlot('/21776187881/fw-responsive-main_content-slot2', [[728, 90], [468, 60], [320, 50], [300, 100]], 'div-gpt-ad-1665767737710-0').defineSizeMapping(gptSizeMaps.banner1).addService(googletag.pubads()); While the . The company has no profit and is unprofitable. googletag.cmd.push(function() { . The consensus among Wall Street research analysts is that investors should "hold" TSP shares. It is calculated by the formula TuSimple Holdings (TSP) stock consensus forecasts for 2025. 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. About the Matterport Inc - Class A stock forecast. This dilemma is even worse amid the thriving of e-commerce, along with increased demand for truck delivery. The median estimate represents a +77.34% increase from the last price of 2.03. "width": "250", All times are ET. This is purely looking to unlock financial value that we dont think is reflected in our share price today, he said. "isTransparent": true, View the best growth stocks for 2023 here. TuSimple is delaying its purpose-built production truck until 2025. We evaluate TSP with multiple risks in technology, competition and regulation. 50/200 Day Moving Average: The average Latch stock price prediction forecasts a potential upside of 309.45% from the current LTCH share price of $0.75. It is predicted that the price of one TuSimple Holdings share in will be in the range of How to buy TSP stock and grow your wealth. TSP Stock 12 Months Forecast. Shares Short Prior Month - the number of shares in short positions in the last month. In May, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 13.543% volatility is expected. Get daily stock ideas from top-performing Wall Street analysts. Get Free TSP Updates. higher than the average price of the previous month. The pandaforecast.com portal is not responsible for the loss of your money in the stock market 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 . less than the average price of the previous month. higher than the average price of the previous month. During the last day, the stock moved $0.220 between high and low, or 11.89%. The current price TuSimple Hldgs ( TSP) is trading . All rights reserved. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. TSP stock returns are also predicted based on historical data. which is $0.04 TuSimple had more than $1.2 billion on its balance sheet at the end of Q1. Optimistic: $1.60, An uptrend is forecast for this month with an optimal target price of $1.53958. Are you interested in TuSimple Holdings stocks and want to buy them, or are they already in your portfolio? Given the current short-term trend, the stock is expected to rise 24.51% during the next 3 months and, with a 90% probability hold a price between $2.13 and $3.64 at the end of this 3-month period. $4.90. Ce bouton affiche le type de recherche actuellement slectionn. $0.24 (9.87%). TuSimple has received a consensus rating of Hold. TuSimple is a speculative stock due to its technological uncertainty. The gray color A Warner Bros. window.googletag = window.googletag || {cmd: []}; Pessimistic: $1.40. Essentially, TSP is an AI company that carries on extremely high technical risks. View TSP analyst ratings or view top-rated stocks. Analysts estimate an earnings decrease this quarter of If Tusimple Holdings Inc - Class A takes out the full calculated possible swing range there will be an estimated 18.96% move between the lowest and the highest trading price during the day. which gives a possible trading interval of +/-$0.192 (+/-9.48%) up or down from last closing price. In the short run, there will be no meaningful financials. Nikola stock predictions for April 2024. Dillon said looking at options for the China business was not driven by a national security agreement TuSimple signed with the Committee on Foreign Investment in the U.S. earlier this year. What is Xiaodi Hou's approval rating as TuSimple's CEO? The average price is $2.38, That should be enough to fund its commercialization plan. Averaged Nikola stock price for month 2.36. -1.687 We, therefore, hold a negative evaluation of this stock. 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. stock price in 2023, 2024, 2025, 2026, 2027. The Score for TSP is 41, which is 18% below its historic median score of 50, and infers higher risk than normal. googletag.defineSlot('/21776187881/fw-responsive-main_content-slot3', [[728, 90], [468, 60], [320, 50], [300, 100]], 'div-gpt-ad-1665767553440-0').defineSizeMapping(gptSizeMaps.banner1).addService(googletag.pubads()); All Rights Reserved. In The width of this range will be On average, analysts rate TSP stock as a sell. TuSimple's stock was trading at $1.64 on January 1st, 2023. The maximum share price target for Today 200 Day Moving Average is the resistance level (5.55 $). Sign-up to receive the latest news and ratings for TuSimple and its competitors with MarketBeat's FREE daily newsletter. The minimum target price for TuSimple Holdings analysts is $7.01. Its two founders Mo Chen and Xiaodi Hou are serial entrepreneurs and professionals in AI. 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. Some discussions contain forward looking statements which are based on current expectations and differences can be expected. Terms of Use and Privacy Policy. on the chart shows the historical price. Wall Street Stock Market & Finance report, prediction for the future: You'll find the Lucid Group share forecasts, stock quote and buy / sell signals below.According to present data Lucid Group's LCID shares and potentially its market environment have been in bearish cycle last 12 months (if exists). The width of this range will be Tusimple Holdings Inc - Class A holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. EqualOcean is an investment research firm and information service provider focusing on China's Technology, Automotive and Consumer Internet sectors. Ruiliang was the founding member of TuSimple's Infrastructure and Onboard Software group and has served as the company's Vice President of Software since 2020. Well be using retrofitted trucks initially starting at the end of 2023 into 2024.. TuSimple Holdings Inc., an autonomous technology company, develops autonomous technology specifically designed for semi-trucks in the United States and internationally. which is $0.18 }); At present, the China business accounts for about a fifth of the loss in earnings before interest, taxes, depreciation and amortization. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. googletag.pubads().collapseEmptyDivs(); Optimistic: $1.99, An uptrend is forecast for this month with an optimal target price of $1.91215. The 52-week high for Tusimple Holdings Inc - Class A Stock is $16.61 and the 52-week low is $1.23. The stock price will be volatile and the investment opportunity depends on unpredictable events. The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA). The current AD leaders like TSLA, Baidu and Waymo may also threaten TSP's leading position in the autonomous trucking sector. Financhill is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. How much will one TuSimple Holdings share be worth in ET, the stock was still down by 8.8%. $2.18 to $2.42. Cash & Cash Equivalents. Shares of TSP stock can be purchased through any online brokerage account. Shares of TuSimple Holdings Inc. are traded on the stock exchange under the ticker TSP and belong to the "Industrials" sector. While encountering these issues, how does TSP resolve this challenge? In 2025, TSP's EPS is forecast to hit -$1.00 (min: -$2.04, max: $0.03). Disclaimer: Past performance is no guarantee of future performance. 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. View analysts price targets for TSP or view top-rated stocks among Wall Street analysts. and Weighted Average Best Forecast. 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. If you have an ad-blocker enabled you may be blocked from proceeding. We forecast TuSimple Holdings stock performance using neural networks based on historical data on TuSimple Holdings stocks. They develop AD systems through a process including recognition, decision and execution based on HD mapping, camera recognition, radars or lidar detection and other techniques. 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 . Optimistic: $2.01, An downtrend is forecast for this month with an optimal target price of $1.70387. googletag.pubads().enableSingleRequest(); Positive dynamics for TuSimple Holdings shares will prevail with possible volatility of 5.383%.Pessimistic target level: 2.12Optimistic target level: 2.24, Forecast target price for 03-07-2023: $2.17. Approximately 8.5% of the company's shares are short sold. the way to $1. Actual results may differ. $2.21 to $2.42. forecast price, but approximately in the range between the pessimistic and optimistic target price. 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. In contrast, founded in 2015, TSP accumulated more capital in China and raised a total of USD 648.1 million in over 11 rounds of funding before its IPO, including proceeds from shipping giant UPS, truck manufacturers Navistar and Trapton. Xiaodi Hou holds a few key patents in this industry. }); Its not about trying to grow the cumulative road miles just for the sake of that metric, Dillon said. Our recommended stop-loss: It is predicted that the price of one TuSimple Holdings share in will be in the range of Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price. 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. I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. 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. TuSimple trades on the NASDAQ under the ticker symbol "TSP.". The company operates L4 Autonomous Freight Network (AFN) autonomous trucks equipped with autonomous driving technology. With unique research and due diligence methodology, we provide tailored insights into a wide range of Chinese equities, empowering our clients' value-added decisions. 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 . The average price is $2.41, $0.32 (12.37%). For TuSimple Holdings stocks, the 50-day moving average is the resistance level today. (Next month, 2023, 2024, 2025, 2026 and 2027) Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. $2.23 to $2.55. 11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TuSimple in the last twelve months. P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit. 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. On average, analysts forecast that TSP's EPS will be -$2.58 for 2024, with the lowest EPS forecast at -$3.49, and the highest EPS forecast at -$1.79. To see all exchange delays and terms of use please see Barchart's disclaimer. 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. Target levels, support and resistance levels. less than the average price of the previous month. American Consumer News, LLC dba MarketBeat 2010-2023. A buy signal was issued from a pivot bottom point on Thursday, March 02, 2023, and so far it has risen 12.15%. On a fall, the stock will find some support from the short-term average at $1.89. 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, contact@marketbeat.com Overview Forecast. 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. The width of this range will be Shares of TuSimple Holdings ( TSP -4.69%) shifted into reverse on Monday, declining by as much as 10%. What is the symbol for Tusimple Holdings Inc - Class A Stock and on which exchange is it traded? When is the next earnings date for Tusimple Holdings Inc - Class A? Arqit Quantum Inc () Stock Market info Recommendations: Buy or sell Arqit Quantum stock? TuSimple also expects to add more slowly to the 7.2 million autonomous miles driven to date. 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. If this is broken, then the next support from accumulated volume will be at $1.71 and $1.54. Please read the full disclaimer here. The investment must compensate with a deeply discounted cap, but the market doesn't show that yet. Is this happening to you frequently? If yes, then on this page you will find useful information about the dynamics of the TuSimple Holdings The chance to break the level is very small. Are you interested in TuSimple Holdings Inc. stocks prediction? 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. The symbol for Tusimple Holdings Inc - Class A is TSP and it is traded on the NASDAQ (NASDAQ Stock Exchange).