10:20 AM EDT, 07/02/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We maintain a 12-month price target of $320, representing a 2026 P/E of 110x, justified by long-term growth expectations. We lower our 2025 adjusted EPS estimate to $1.95 from $2.00 but keep 2026 at $2.90. This morning, TSLA reported Q2 deliveries of 384,122 vehicles vs. 443,956 in Q2 2024 (-13.5%), short of the 387,000 consensus. We consider the release a modest disappointment, although vehicle sales weren't as weak as many had feared. Notably, this was the second consecutive quarter in which TSLA's vehicle production exceeded deliveries by over 25K units, raising concerns regarding demand and inventory levels. Energy storage deployments of 9.6 GWh were also down for a second straight quarter from the record high of 11.0 GWh in Q4 2024. We continue to view a Hold rating as appropriate considering the mix of positive and negative factors surrounding the TSLA story. Notably, our DCF valuation suggests an intrinsic equity value that is more than 15% below the current stock price.