The average Latch stock price prediction forecasts a potential upside of 309.45% from the current LTCH share price of $0.75. TuSimple is delaying its purpose-built production truck until 2025. Find the latest TuSimple Holdings Inc. (TSP) stock quote, history, news and other vital information to help you with your stock trading and investing. The official website for the company is www.tusimple.com. Positive dynamics for TuSimple Holdings shares will prevail with possible volatility of 2.829%.Pessimistic target level: 2.01Optimistic target level: 2.06, Forecast target price for 03-11-2023: $2.04. Said co-founder Mo Chen will not stand for reelection to the TuSimple board in June. Its consensus target price of $57.15 is a . googletag.enableServices(); 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 . View TuSimple's Short Interest. 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 . In 2025, TSP's EPS is forecast to hit -$1.00 (min: -$2.04, max: $0.03). The Tusimple Holdings Inc - Class A stock price gained 12.15% on the last trading day (Friday, 3rd Mar 2023), rising from $1.81 to $2.03. The lowest target is $ 1.01 and the highest is $ 21. which is $0.04 If this is broken, then the next support from accumulated volume will be at $1.71 and $1.54. 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. This represents upside potential of 85.84% from current levels. to move between $1.84 and $2.22, 01/01/1970, Analyst forecast price: Shares of TSP stock can be purchased through any online brokerage account. During the last trading day the stock fluctuated 8.53% from a day low at $1.29 to a day high of $1.40. TSP. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. Last update: 01/16/2023, 07:47 AM . Its two founders Mo Chen and Xiaodi Hou are serial entrepreneurs and professionals in AI. Hoexter and his team said that TuSimple is set to take a large chunk of the $4 . The average price is $2.34, }); At present, the China business accounts for about a fifth of the loss in earnings before interest, taxes, depreciation and amortization. TuSimple has only been the subject of 1 research reports in the past 90 days. Trailing P/E depends on what has already been done. On a fall, the stock will find some support from the short-term average at $1.89. Slightly reduced the number of miles driven that generated revue. Optimistic: $2.01, An downtrend is forecast for this month with an optimal target price of $1.70387. $2.05 to $2.33. The Tusimple Holdings Inc - Class A stock price gained 12.15% on the last trading day (Friday, 3rd Mar 2023), rising from $1.81 to $2.03.During the last trading day the stock fluctuated 11.89% from a day low at $1.85 to a day high of $2.07.The price has fallen in 6 of the last 10 days and is down by -8.56% for this period. 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. 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. 9191 Towne Centre Drive, San Diego, CA, 92122, United States. 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. How about testing the strength of the support level? Stock Price Forecast. $0.24 (9.87%). This is considered to be a good technical signal. $1.943 / $5.55. window.googletag = window.googletag || {cmd: []}; Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. 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. 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. googletag.defineSlot('/21776187881/fw-responsive-main_content-slot5', [[728, 90], [468, 60], [320, 50], [300, 100]], 'div-gpt-ad-1665767778941-0').defineSizeMapping(gptSizeMaps.banner1).addService(googletag.pubads()); TuSimple Holdings (TSP) stock Forecast for 2022 2026, This website uses cookies to ensure you get the best experience on our website. View real-time stock prices and stock quotes for a full financial overview. Short-term and long-term forecasts for TuSimple Holdings shares. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Forward P/E uses projections of future earnings instead of final numbers. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. Get daily stock ideas from top-performing Wall Street analysts. The forecast for beginning of April 2.28. It is predicted that the price of one TuSimple Holdings share in will be in the range of 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. TuSimple still expects to commercialize driverless autonomy before any competitors, Hou said. If yes, then on this page you will find useful information about the dynamics of the TuSimple Holdings The turquoise color shows the price forecast with a possible range of fluctuations. How to buy Tusimple Holdings Inc - Class A Stock? 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. as a result of using the information contained on the site. Announced an advanced integration with Werner Enterprises to provide roadside service and support to customers operating in driver-out autonomous mode. months. What is the probability of exiting the channel up? people first thought TSP was a US company. (TSP) raised $1.3 billion in an initial public offering on Thursday, April 15th 2021. It is predicted that the price of one TuSimple Holdings share in will be in the range of }); Its not about trying to grow the cumulative road miles just for the sake of that metric, Dillon said. The current TuSimple Holdings [ TSP] share price is $2.09. The chance to break the level is very small. $0.33 per share, and an increase next year of P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. This rating has held steady since March, when it was unchanged from a Hold rating.Move your mouse over pastmonths for detail. Are you interested in TuSimple Holdings Inc. stocks prediction? which is $0.14 Technical analysis. Lucid Group Inc () Stock Market info Recommendations: Buy or sell Lucid Group stock? The average price is $2.31, P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit. This figure is more convincing when we compare the capitalization with other AI startups. TuSimple Nearing End of the Road With Economic Espionage Allegations? . Be the first to know when Wall Street analysts revise their TSP stock forecasts and price targets. Optimistic: $1.83. Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. Self-driving technologies are coming . The pandaforecast.com portal is not responsible for the loss of your money in the stock market EPS shows how much of the net profit is accounted for by the common share. In total, 3 million shares were bought and sold for approximately $5.58 million. TuSimple Holdings Inc., an autonomous technology company, develops autonomous technologies specifically designed for trucks in the US and abroad. Close price at the end of the last trading day (Tuesday, 28th Feb 2023) of the TSP stock was $1.92. For TuSimple Holdings stocks, the 200-day moving average is the resistance level today. I have no business relationship with any company whose stock is mentioned in this article. 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()); 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, mark holds, then this will be a new channel with new goals. Other directors have abundant experience in the US truck sector. Are you interested in TuSimple Holdings stocks and want to buy them, or are they already in your portfolio? In addition, the real future price of one TuSimple Holdings share can be both higher and lower than the target $1.943 / $5.55. I wrote this article myself, and it expresses my own opinions. googletag.pubads().collapseEmptyDivs(); Based on an average daily trading volume, of 3,020,000 shares, the days-to-cover ratio is presently 3.9 days. The company is also collaborating with Navistar to build tailored trucks for its own fleet. If you continue to use this site we will assume that you are happy with it. The average price is $2.67, financial data for more than 25 000 publicly traded companies based on our calculated 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. TuSimple saw a increase in short interest in the month of February. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, 2022 Cable News Network. In $, Last trading day: Ce bouton affiche le type de recherche actuellement slectionn. I understand my credit card will be charged $7 today for 7 days of Platinum access. $2.21 to $2.42. as a result of using the information contained on the site. Tuesday, May 03, 2022. 1.16B. Sundial Growers Stock Forecast 2023, 2024, 2025. $0.28 (11.98%). $0.34 (12.78%). Zscaler, Inc Plummets, Is It Time To Buy The Dip? higher than the average price of the previous month. By using the site you agree and are held Export data to Excel for your own analysis. TSP stock forecast for 2023 - 2027. Is TSP a good long term stock? (NASDAQ: TSP) forecast ROA is N/A, which is lower than the forecast US Trucking industry average of N/A. 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()); But higher per-mile rates led to a 10% increase in Q1 over Q4. For clarity, we will Ready to grow your portfolio? 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. This suggests a possible upside of 946.4% from the stock's current price. technical signals. Pessimistic: $1.60. This happens, among other things, in the context of validation and homologation. Definitely we are U.S. first because in the U.S., they have the best policies to commercialize autonomy, Hou said. The gray color 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. Snowflake Reports Weak Guidance: Is the Growth Snowflake Melting? 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. Is this happening to you frequently? The commercialization is not tied to the production trucks, Pat Dillon, TuSimple chief financial officer, said on a call with analysts Tuesday. According to 21 stock analysts, the average 12-month stock price forecast for TSP stock is $ 8.55 , which predicts an increase of 357.22%. That should be enough to fund its commercialization plan. $24.81, 52-week high/low: Lost $112 million from operations and had an adjusted EBITDA of negative $80 million. The upcoming earnings date for Tusimple Holdings Inc - Class A is 2023-03-08 00:00:00. The price has fallen in 6 of the last 10 days and is down by -8.56% for this period. Tusimple Holdings Inc - Class A Stock can be purchased through just about any brokerage firm, including online brokerage services. According to our research, TSP stock is a bad long-term investment. 68.0% of employees surveyed would recommend working at TuSimple to a friend. We forecast TuSimple Holdings stock performance using neural networks based on historical data on TuSimple Holdings stocks. The width of this range will be Since then, TSP shares have increased by 23.8% and is now trading at $2.03. WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security. The head office is currently located at: 9191 TOWNE CENTRE DRIVE, SUITE 600, SAN DIEGO, CA, US. Buy or sell stock? Al Root. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. Why is TuSimple stock dropping and what's the forecast for 2021? The company was founded in 2015 and is headquartered in San Diego, California. googletag.enableServices(); Please read the full disclaimer here. If yes, then on this page you will find useful information about the dynamics of the TuSimple Holdings 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. The current AD leaders like TSLA, Baidu and Waymo may also threaten TSP's leading position in the autonomous trucking sector. }); TuSimple trucks are able to locate and pull over to the side of the road on their own without any human involvement. All users should speak with their financial advisor before buying or selling any securities. 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 Holdings Inc Stock Forecast, Predictions & Price Target. This is 2.67% more than the trading day before Monday, 27th Feb 2023. If yes, then on this page you will find useful information about the dynamics of the TSP stock price in 2022-2027. 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. googletag.pubads().collapseEmptyDivs(); which is $0.06 higher than the average price of the previous month. Morningstar: 2019 Morningstar, Inc. All Rights Reserved. Users should not base their investment decision upon StockInvest.us. Click for more FreightWaves articles by Alan Adler. What is TSP's forecast return on assets (ROA) for 2023-2026? We do not need to map where we dont operate, Hou said. The median . Net Cash. The price target represents a potential 36% jump in share prices from Friday's closing price of $37.29 per share. resistance level and try to gain a foothold above it, then in the future they will most likely test this level from above and if the $2.94 The width of this range will be The chart below shows the historical price of TuSimple Holdings stock and a prediction chart for the next month. Although TSP's business models seem to be solid, the company's value should not be exaggerated. About the Matterport Inc - Class A stock forecast. which gives a possible trading interval of +/-$0.192 (+/-9.48%) up or down from last closing price. The average price is $2.23, 50.14M. Optimistic: $1.79, An uptrend is forecast for this month with an optimal target price of $1.76985. Its not about anything were waiting for or a physical-level innovation.. googletag.pubads().enableSingleRequest(); "locale": "en" Analysts have been steadily . Arqit Quantum Inc () Stock Market info Recommendations: Buy or sell Arqit Quantum stock? TuSimple Holdings Inc. (NASDAQ:TSP) announced its quarterly earnings results on Wednesday, November, 3rd. . Big shifts in stock markets, where C o V - 2 20215.2% . TSP stock returns are also predicted based on historical data. googletag.enableServices(); The average price is $2.42, The company's earnings before interest, taxes and depreciation for last year (called EBITDA) was -412 236 000$. Investing involves substantial risk. The stock has 11 buy ratings and one hold rating from the analysts polled by MarketBeat. Forward P/E uses projections of future earnings instead of final numbers. This network will provide two services, TuSimple Capacity (self-owned fleet) and Carrier Owned Capacity service. $0.38 (15.16%). This dilemma is even worse amid the thriving of e-commerce, along with increased demand for truck delivery. While the . TuSimple's stock is owned by a variety of retail and institutional investors. That is one of several safety requirements before the trucks can go it alone. We use cookies to ensure that we give you the best experience on our website. This product is for educational purposes only. TuSimple does not have a long track record of dividend growth. TuSimple does not currently pay a dividend. The average price target is $1.60 with a high forecast of $2.20 and a low forecast of $1.00. which is $0.09 than the forecast in mid-2020 - that was largely Economic Situation and Prospects 2021, which 20222023 . As of 2023 February 20, Monday current price of MTTR stock is 3.605$ 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. How to buy TSP stock and grow your wealth. The company wants to add more outside directors. $2.30 to $2.63. Here Are 10 Other Analyst Forecasts For Friday Feb . (9.85%), our systems don't find the trading risk/reward intra-day Some discussions contain forward looking statements which are based on current expectations and differences can be expected. Last updated: February 22, 2023. TuSimple may sell autonomous truck business in China to boost stock price, US takes limited oversight of TuSimple as foreign investment probe ends, TuSimple will haul driver-out intermodal freight loads for Union Pacific. Tables. 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. As of the 2023-03-03, the market capitalization of Tusimple Holdings Inc - Class A is 473.987M. Target levels, support and resistance levels. In this case, Tusimple Holdings Inc - Class A finds support just below today's level at $1.83. Another pioneer, Starsky Robotics, did that even earlier, but this startup failed from a lack of funding in March 2020. The 5 analysts offering 12-month price forecasts for TuSimple Holdings Inc have a median target of 2.20, with a high estimate of 10.36 and a low estimate of 1.00. It is predicted that the price of one TuSimple Holdings share in will be in the range of . In 2025, TSP is forecast to generate -$224,486,658 in earnings, with the lowest . Pessimistic: $1.56. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. All times are ET. See what's happening in the market right now with MarketBeat's real-time news feed. googletag.defineSlot('/21776187881/FW_Super_Leaderboard', [[300, 50], [970, 90], [300, 100], [728, 90]], 'div-gpt-ad-1668097889433-0').defineSizeMapping(gptSizeMaps.banner2).addService(googletag.pubads()); Detailed values for the TuSimple Holdings stock price can be found in the table below. (Next month, 2023, 2024, 2025, 2026 and 2027) On average, analysts rate TSP stock as a sell. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. TuSimple Holdings Inc., an autonomous technology company, develops autonomous technology specifically designed for semi-trucks in the United States and internationally. Are you interested in TuSimple Holdings Inc. stocks and want to buy them, or are they already in your portfolio? featured in The Global Fintech Index 2020 as the top Fintech company of the country. The width of this range will be Resetting the China business would lower the companys cash burn and be a lever that could provide additional runway on our balance sheet, Dillon said. He also spent two decades in domestic and international media relations and executive communications with General Motors. 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,
