Latest news with #JedDorsheimer
Yahoo
08-07-2025
- Automotive
- Yahoo
Tesla Investors Are Tired of Distractions, Says Blair
Jed Dorsheimer, William Blair Group Head of Energy and Power Technologies, downgraded Tesla to the equivalent of a hold. He says investors are tired of the distractions caused by CEO Elon Musk. The stock is already down 28% this year. Dorsheimer is on "Bloomberg Open Interest." Sign in to access your portfolio
Business Insider
08-07-2025
- Automotive
- Business Insider
‘Time to Hit the Brakes?' Says Top Analyst after Downgrading Tesla Stock (TSLA)
Tesla (TSLA) stock fell sharply by 7% on Monday morning after William Blair analyst Jed Dorsheimer downgraded the EV giant to Hold from Buy. The five-star analyst cited concerns over recent regulatory changes and CEO Elon Musk 's renewed political interest, both of which cloud Tesla's near-term outlook. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. What Triggered the Downgrade? Dorsheimer sees the recent passage of the 'Big Beautiful Bill' (BBB) as a key trigger. While the removal of the $7,500 EV tax credit was anticipated, the unexpected elimination of corporate average fuel economy (CAFE) fines has raised concerns. As a result, Tesla could lose over $2 billion in regulatory credit revenue, a major hit to its bottom line that may force Wall Street analysts to revise their earnings models. Further, Musk recently announced the formation of the America Party in response to the BBB's passage. The move has raised concerns about his attention drifting from Tesla's core business. Finally, Dorsheimer noted that Tesla stock's current valuation is well above that of its tech peers. With slowing momentum and regulatory headwinds, the Top analyst expects this premium to shrink. Also, Dorsheimer said that investor confidence may improve if Tesla shows progress in self-driving technology. Is TSLA Stock a Buy? Turning to Wall Street, TSLA stock has a Hold consensus rating based on 14 Buys, 12 Holds, and nine Sells assigned in the last three months. At $293.09, the average Tesla price target implies a 0.1% downside potential. The stock has declined 20.2% over the past six months.
Bloomberg
07-07-2025
- Automotive
- Bloomberg
Tesla Investors Are Tired of Distractions, Says Blair
Jed Dorsheimer, William Blair Group Head of Energy and Power Technologies, downgraded Tesla to the equivalent of a hold. He says investors are tired of the distractions caused by CEO Elon Musk. The stock is already down 28% this year. Dorsheimer is on "Bloomberg Open Interest." (Source: Bloomberg)
Yahoo
07-07-2025
- Automotive
- Yahoo
William Blair Downgrades Tesla
Jed Dorsheimer, William Blair Group Head of Energy and Power Technologies, said investors are resetting expectations with Tesla as both the EV tax credit and the CAFE fines are eliminated.
Business Insider
05-06-2025
- Business
- Business Insider
William Blair Remains a Hold on Axcelis Technologies (ACLS)
In a report released yesterday, Jed Dorsheimer from William Blair maintained a Hold rating on Axcelis Technologies (ACLS – Research Report). The company's shares closed yesterday at $61.49. Confident Investing Starts Here: 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 According to TipRanks, Dorsheimer is a 5-star analyst with an average return of 29.3% and a 51.92% success rate. Dorsheimer covers the Technology sector, focusing on stocks such as Aehr Test Systems, Axcelis Technologies, and Applied Materials. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Axcelis Technologies with a $65.50 average price target.
