Latest news with #AndresSheppard
News.com.au
5 days ago
- Automotive
- News.com.au
What's next for Tesla after the Trump-Musk public spat?
Tesla shares plunged yesterday amid Elon Musk's feud with President Trump. MarketWatch's James Rogers and Cantor Fitzgerald's Andres Sheppard look at fundamentals, such as Tesla's earnings report and the coming robotaxi launch, to gauge what's next.
Yahoo
28-05-2025
- Automotive
- Yahoo
Tesla (TSLA) Gets $355 Price Target as Robotaxi Launch Sparks Analyst Optimism
We recently published a list of . In this article, we are going to take a look at where Tesla, Inc. (NASDAQ:TSLA) stands against other AI stocks gaining Wall Street's attention. On May 27, Cantor Fitzgerald analyst Andres Sheppard reiterated an 'Overweight' rating on Tesla, Inc. (NASDAQ:TSLA) with a $355.00 price target. Tesla is an automotive and clean energy company that leverages advanced artificial intelligence in its autonomous driving technology and robotics initiatives. Sheppard's optimism on Tesla stems from the company's plan to launch fully autonomous robotaxis in June, starting with its fleet in Austin by the end of June. The initial phase will include Model Y vehicles with Full Self Driving (FSD) technology, with broader expansion anticipated by year-end. Tesla's Full Self-Driving (FSD) technology, or the Tesla Vision, works through advanced AI and machine learning to interpret the world through cameras alone instead of LiDAR or radar. This technology has already logged over 3.5 billion supervised miles for the first quarter of 2025. Albeit there are near-term headwinds for Tesla due to macroeconomic conditions, tariffs, and the removal of the EV tax credit, the firm is optimistic about Tesla's market prospects. Tesla CEO Elon Musk has also committed to spending more time to the company for the company as he prepares to leave his leading role at DOGE, the Department of Government Efficiency. Hadrian / Besides Musk's commitment, some other catalysts highlighted by the firm for Tesla are the FSD rollout in China, which began in the first quarter of 2025, along with the anticipated deployment of FSD in Europe in the first half of 2025. This is currently pending regulatory approval. Optimus Bot is poised for high-volume production for 2026, while the company also plans to introduce the Semi Truck, which is likely to begin production in 2026. All in all, the firm is optimistic about Tesla's long-term prospects. It believes that Tesla will secure a significant share of the self-driving market in the U.S., as well as reap substantial revenue from FSD, Robotaxi, Energy Storage & Deployment, and Optimus Bot initiatives. Overall, TSLA ranks 4th on our list of AI stocks gaining Wall Street's attention. While we acknowledge the potential of TSLA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TSLA and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
28-05-2025
- Business
- Yahoo
Aurora (AUR)'s Driverless Trucks Gain Momentum—Cantor Sees $12 Target
We recently published a list of . In this article, we are going to take a look at where Aurora Innovation Inc. (NASDAQ:AUR) stands against other AI stocks gaining Wall Street's attention. On May 27, Cantor Fitzgerald analyst Andres Sheppard reiterated an 'Overweight' rating on Aurora Innovation, Inc. (NASDAQ:AUR) with a $12.00 price target. Aurora Innovation is a self-driving technology company. The firm has highlighted Aurora's significant progress in the autonomous trucking industry, noting how the company has reportedly become the first in the United States to operate a commercial self-driving service via heavy-duty trucks on public roads. As of May 2025, the company's autonomous technology surpassed 3 million cumulative miles, both driverless and supervised. Moreover, since the company has entered early into the market, the firm believes that it may have a first-mover advantage in a sector with a substantial total addressable market (TAM). A closeup of a self-driving hardware unit inside the dashboard of a passenger vehicle. Some key strengths of Aurora's business model include its low asset intensity, high margins, favorable regulatory conditions, and its capability to scale its operations rapidly. The firm also highlighted Aurora's partnership with Continental, designed to improve high-volume installation of Aurora's hardware. With the start of production (SOP) poised for 2027, the firm expects it to be a catalyst for Aurora's growth. Overall, AUR ranks 9th on our list of AI stocks gaining Wall Street's attention. While we acknowledge the potential of AUR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AUR and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
28-05-2025
- Business
- Yahoo
Aurora (AUR)'s Driverless Trucks Gain Momentum—Cantor Sees $12 Target
We recently published a list of . In this article, we are going to take a look at where Aurora Innovation Inc. (NASDAQ:AUR) stands against other AI stocks gaining Wall Street's attention. On May 27, Cantor Fitzgerald analyst Andres Sheppard reiterated an 'Overweight' rating on Aurora Innovation, Inc. (NASDAQ:AUR) with a $12.00 price target. Aurora Innovation is a self-driving technology company. The firm has highlighted Aurora's significant progress in the autonomous trucking industry, noting how the company has reportedly become the first in the United States to operate a commercial self-driving service via heavy-duty trucks on public roads. As of May 2025, the company's autonomous technology surpassed 3 million cumulative miles, both driverless and supervised. Moreover, since the company has entered early into the market, the firm believes that it may have a first-mover advantage in a sector with a substantial total addressable market (TAM). A closeup of a self-driving hardware unit inside the dashboard of a passenger vehicle. Some key strengths of Aurora's business model include its low asset intensity, high margins, favorable regulatory conditions, and its capability to scale its operations rapidly. The firm also highlighted Aurora's partnership with Continental, designed to improve high-volume installation of Aurora's hardware. With the start of production (SOP) poised for 2027, the firm expects it to be a catalyst for Aurora's growth. Overall, AUR ranks 9th on our list of AI stocks gaining Wall Street's attention. While we acknowledge the potential of AUR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AUR and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
24-05-2025
- Business
- Yahoo
Serve Robotics initiated with an Overweight at Cantor Fitzgerald (yesterday)
Cantor Fitzgerald analyst Andres Sheppard yesterday morning initiated coverage of Serve Robotics (SERV) with an Overweight rating and $17 price target Serve manufactures autonomous, artificial intelligence-powered robots that deliver food in urban cities, the analyst tells investors in a research note. The firm believes the company benefits from 'compelling' unit economics, material partnerships for scale and expansion, and multiple applications that increase its total addressable market. Cantor expects Serve to price its long-term per delivery fee more competitively than the average courier costs and for the company's robots to have a breakeven period of less than two years, thereby yielding compelling unit economics. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on SERV: Disclaimer & DisclosureReport an Issue Serve Robotics initiated with an Overweight at Cantor Fitzgerald Serve Robotics Inc call volume above normal and directionally bullish Serve Robotics Inc's Earnings Call Highlights Growth and Expansion Serve Robotics Reports Strong Q1 2025 Growth Serve Robotics Inc Reports Strong Q1 2025 Results
