BYD Stock Forecast: Beats Tesla production, Can it reach revenue too?

BYD Stock Forecast: Beats Tesla production, Can it reach revenue too?

BYD Stock Forecast: The stock is expected to trade between $54.13 and $55.77. The overall recommendation is Negative.

BYD Stock Forecast: Latest Price

BYD Stock Forecast: Performance Chart

Stock Name5 Days1 Month6 Months1 Year
BYD-3.10%-3.32%+19.36%+29.06%

BYD Stock Forecast: Latest Tweet

priceTarget.io on Twitter: “🎯 $BYD price target update🔴 Target Lowered by Truist FinancialFrom $90.00 to $80.00Day quote/change: $55 (0.94%)Target upside: 45.45%Published: July 20, 2022https://t.co/8eXqXIAzMs / Twitter”

🎯 $BYD price target update🔴 Target Lowered by Truist FinancialFrom $90.00 to $80.00Day quote/change: $55 (0.94%)Target upside: 45.45%Published: July 20, 2022https://t.co/8eXqXIAzMs

BYD Stock Forecast: Today’s Outlook

IndicatorTrend
Overall OutlookLower
1. Market WisdomLower
1a. Market DataHigher
1b. Technical RecommendationSell
1c. Trading VolumeLower
2. Crowd’s WisdomNegative
2a. Google Search VolumeLower
2b. Social Media SentimentLower

Also Read: HITI Stock Forecast 2022

BYD Stock: Latest News

  • In the first half of 2022, BYD crossed Tesla’s figure when it produced 641,000 vehicles as compared to Tesla’s 564,000. It is also worth noting that Tesla operates worldwide whereas BYD is just in China.
  • BYD’s sales in May doubled and it climbed to 3rd position among China’s automakers. China is the world’s largest automaker, at that. It has been dominating the energy vehicle market and sold 113,768 passenger cars last month.
  • BYD was under investigation in China for a pollution probe last month which led to a partial production – Yet, but it managed to stay immune and surpass large automakers in production.

BYD on Twitter: “BYD Enters the Passenger Vehicle Market in JapanThese three electric vehicles will bring more choice & vitality to the #EV market in Japan, delivering a safe, comfortable and green driving experience.Read More: https://t.co/Ox5CVQujos#ElectricVehicles #ElectricVehicle pic.twitter.com/sf7hLlAp6y / Twitter”

BYD Enters the Passenger Vehicle Market in JapanThese three electric vehicles will bring more choice & vitality to the #EV market in Japan, delivering a safe, comfortable and green driving experience.Read More: https://t.co/Ox5CVQujos#ElectricVehicles #ElectricVehicle pic.twitter.com/sf7hLlAp6y

BYD Stock: Latest Video

YouTube video

BYD Stock Forecast: Earnings Summary

  • The EPS for quarter one was $0.1 slightly higher than the previous quarter. The projected earnings for the next quarter were $0.2.
  • The revenue for the previous quarter was $11.2B higher than the current revenue in Q1 of $10.1B. The projection for the next quarter is $10.6B.
  • This quarter’s EPS was below analyst expectations by 13.6%. However, in the last quarter, EPS underperformed by a large percentage of 43.2%.

BYD Stock Forecast: Google Trends

BYD Stock Forecast

– Nandini Panchal

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions

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