NASDAQ:TSP

TuSimple (TSP) Stock Forecast, Price & News

$1.40

+0.02 (+1.45%)

(As of 09/25/2023 ET)

Compare

Today's Range: $1.35
▼
$1.45
50-Day Range: $1.19
▼
$2.59
52-Week Range: $0.75
▼
$8.48

Volume: 764,085 shs
Average Volume: 2.16 million shs
Market Capitalization: $320.74 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $8.50

TuSimple MarketRank™ Forecast

Analyst Rating: Reduce
1.56 Rating Score
Upside/Downside: 507.1% Upside
$8.50 Price Target
Short Interest: Bearish
7.26% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: Decreasing
From ($1.98) to ($2.62) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.60 out of 5 stars

Business Services Sector

275th out of 313 stocks

Computer Integrated Systems Design Industry

34th out of 38 stocks

2.8

Analyst's Opinion

Consensus Rating
TuSimple has received a consensus rating of Reduce. The company's average rating score is 1.56, and is based on no buy ratings, 5 hold ratings, and 4 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $8.50, TuSimple has a forecasted upside of 507.1% from its current price of $1.40.
Amount of Analyst Coverage
TuSimple has received no research coverage in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
7.26% of the float of TuSimple has been sold short.
Short Interest Ratio / Days to Cover
TuSimple has a short interest ratio ("days to cover") of 6.8.
Change versus previous month
Short interest in TuSimple has recently decreased by 1.06%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
TuSimple does not currently pay a dividend.
Dividend Growth
TuSimple does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TSP.

1.1

News and Social Media Coverage

Search Interest
4 people have searched for TSP on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.
MarketBeat Follows
3 people have added TuSimple to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, TuSimple insiders have not sold or bought any company stock.
Percentage Held by Insiders
20.64% of the stock of TuSimple is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 24.07% of the stock of TuSimple is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for TuSimple are expected to decrease in the coming year, from ($1.98) to ($2.62) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of TuSimple is -0.67, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of TuSimple is -0.67, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
TuSimple has a P/B Ratio of 0.33. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About TuSimple (NASDAQ:TSP) Stock

TuSimple Holdings Inc., an autonomous technology company, develops autonomous technology specifically designed for semi-trucks in the United States and internationally. It intends to produce a line of purpose-built (Level 4) L4 autonomous semi-trucks for the North American market. The company operates its Autonomous Freight Network (AFN) L4 autonomous semi-trucks equipped with its autonomous driving technology. Its AFN is an ecosystem that consists of L4 autonomous semi-trucks, high definition digital mapped routes, terminals, and TuSimple Connect, a cloud-based autonomous operations oversight system. The company was founded in 2015 and is headquartered in San Diego, California.

TSP Price History

30 days | 90 days | 365 days | Advanced Chart

TSP Stock News Headlines

September 7, 2023 | finance.yahoo.com

Why TuSimple Holdings Stock Raced 13% Higher Today

September 7, 2023 | finance.yahoo.com

TuSimple Announces Fourth Quarter 2022 Results and Business Updates

September 25, 2023 | Chaikin Analytics (Ad)

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August 19, 2023 | finanznachrichten.de

TuSimple Holdings, Inc.: TuSimple Receives Expected Notice from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q

August 10, 2023 | msn.com

TuSimple delays filing of quarterly financial report

August 3, 2023 | markets.businessinsider.com

Truist Financial Keeps Their Hold Rating on TuSimple Holdings (TSP)

July 27, 2023 | markets.businessinsider.com

Truist Financial Remains a Hold on TuSimple Holdings (TSP)

July 19, 2023 | finance.yahoo.com

TSP - TuSimple Holdings Inc.

September 25, 2023 | Altimetry (Ad)

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July 9, 2023 | fool.com

TuSimple (NASDAQ: TSP)

July 3, 2023 | seekingalpha.com

TuSimple: Path To Autonomous Trucking Success Remains Challenging

July 1, 2023 | forbes.com

TuSimple Conducts Autonomous Trucking Trials In China

June 30, 2023 | finance.yahoo.com

Why TuSimple Holdings Tumbled Today

June 29, 2023 | msn.com

Why Shares of TuSimple Holdings Crashed Today

June 29, 2023 | markets.businessinsider.com

What's Going On With TuSimple Holdings Stock Thursday

June 28, 2023 | markets.businessinsider.com

TuSimple Explores Strategic Alternatives For U.S. Business, Incl. Possible Sale

June 28, 2023 | msn.com

TuSimple to weigh options for U.S. business

June 28, 2023 | finance.yahoo.com

TuSimple to Explore Strategic Alternatives for its U.S.-based Operations

June 16, 2023 | msn.com

TuSimple rallies after successful autonomous truck run in China

June 15, 2023 | finance.yahoo.com

TuSimple Becomes First to Successfully Operate Driver Out, Fully Autonomous Semi-truck on Open Public Roads in China

June 9, 2023 | msn.com

TuSimple awarded autonomous driving test license in China

June 8, 2023 | finance.yahoo.com

TuSimple Among First to Receive Fully Driverless Test License in China

June 6, 2023 | finance.yahoo.com

TuSimple's autonomous trucks commence testing on expressway in Japan

May 24, 2023 | msn.com

PTRA, MVST among notable industrial additions to Russell microcap; WATT, TNK removed

May 20, 2023 | reuters.com

TuSimple to restructure US business, lay off 30% staff (May 18)

May 19, 2023 | msn.com

TuSimple Stock Doubled in 5 Days. Here's All You Need to Know.

May 18, 2023 | finance.yahoo.com

TuSimple cuts 300 more US jobs, will keep China operations

See More Headlines

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TSP Company Calendar

Last Earnings: 9/07/2023
Today: 9/25/2023
Next Earnings (Estimated): 9/26/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Computer integrated systems design
Sub-Industry: N/A
Sector: Business Services
Current Symbol: NASDAQ:TSP
CUSIP: N/A
CIK: 1823593
Web: www.tusimple.com
Phone: 619-916-3144
Fax: N/A
Employees: 1,450
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $8.50
High Stock Price Forecast: $14.00
Low Stock Price Forecast: $1.00
Forecasted Upside/Downside: +505.0%
Consensus Rating: Reduce
Rating Score (0-4): 1.56
Research Coverage: 9 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($2.10)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-472,050,000.00
Net Margins: -5,038.37%
Pretax Margin: -5,038.37%
Return on Equity: -40.34%
Return on Assets: -36.86%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 14.09
Quick Ratio: 14.09

Sales & Book Value

Annual Sales: $9.37 million
Price / Sales: 34.35
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $4.23 per share
Price / Book: 0.33

Miscellaneous

Outstanding Shares: 229,100,000
Free Float: 181,816,000
Market Cap: $321.89 million
Optionable: Not Optionable
Beta: 1.06

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Key Executives

Mr. Cheng Lu (Age 40)
Pres, CEO & Director
Comp: $770.24k

Mr. Mo Chen (Age 38)
Co-Founder & Exec. Chairman

Mr. Eric R. Tapia (Age 46)
CFO, Sr. VP, Global Controller & Principal Accounting Officer

Dr. Ersin Yumer
Exec. VP for Operations

Mr. Ryan A. Amerman C.F.A. (Age 51)
CFA, Head of Investor Relations

Mr. Evan Dunn
Gen. Counsel

Ms. Shannon DiPietro
Sr. VP & CHRO

Adrian Thompson
VP of Systems & Safety Engineering

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

TSP Stock - Frequently Asked Questions

Should I buy or sell TuSimple stock right now?: 9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TuSimple in the last year. There are currently 4 sell ratings and 5 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" TSP shares.
View TSP analyst ratings or view top-rated stocks.
What is TuSimple's stock price forecast for 2023?: 9 brokerages have issued 1 year price targets for TuSimple's shares. Their TSP share price forecasts range from $1.00 to $14.00. On average, they expect the company's stock price to reach $8.50 in the next twelve months. This suggests a possible upside of 505.0% from the stock's current price.
View analysts price targets for TSP or view top-rated stocks among Wall Street analysts.
How have TSP shares performed in 2023?: TuSimple's stock was trading at $1.64 at the start of the year. Since then, TSP stock has decreased by 14.3% and is now trading at $1.4050.
View the best growth stocks for 2023 here.
When is TuSimple's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, September 26th 2023.
View our TSP earnings forecast.
How were TuSimple's earnings last quarter?: TuSimple Holdings Inc. (NASDAQ:TSP) posted its quarterly earnings data on Thursday, September, 7th. The company reported ($0.50) EPS for the quarter. The business earned $1.86 million during the quarter. TuSimple had a negative trailing twelve-month return on equity of 40.34% and a negative net margin of 5,038.37%.
What ETFs hold TuSimple's stock?: ETFs with the largest weight of TuSimple (NASDAQ:TSP) stock in their portfolio include Direxion Moonshot Innovators ETF (MOON).Global X Robotics & Artificial Intelligence ETF (BOTZ).
What is Xiaodi Hou's approval rating as TuSimple's CEO?: 23 employees have rated TuSimple Chief Executive Officer Xiaodi Hou on Glassdoor.com. Xiaodi Hou has an approval rating of 70% among the company's employees. 68.0% of employees surveyed would recommend working at TuSimple to a friend.

When did TuSimple IPO?: (TSP) raised $1.3 billion in an IPO on Thursday, April 15th 2021. The company issued 33,800,000 shares at $35.00-$39.00 per share. Morgan Stanley, Citigroup and JPMorgan acted as the underwriters for the IPO and BOFA SECURITIES COWEN CREDIT SUISSE NOMURA RBC CAPITAL MARKETS BAIRD NEEDHAM & COMPANY OPPENHEIMER & CO. PIPER SANDLER VALUABLE CAPITAL was co-manager.
What is TuSimple's stock symbol?: TuSimple trades on the NASDAQ under the ticker symbol "TSP."
Who are TuSimple's major shareholders?: TuSimple's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.64%), State Street Corp (2.26%), Geode Capital Management LLC (1.37%), Mitsubishi UFJ Kokusai Asset Management Co. Ltd. (1.08%), Mirae Asset Global Investments Co. Ltd. (0.93%) and Northern Trust Corp (0.60%). Insiders that own company stock include Brad W Buss, Cheng Lu, Eric R Tapia, James Mullen, Karen C Francis and Patrick Dillon.
View institutional ownership trends.
How do I buy shares of TuSimple?: Shares of TSP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is TuSimple's stock price today?: One share of TSP stock can currently be purchased for approximately $1.41.
How much money does TuSimple make?: TuSimple (NASDAQ:TSP) has a market capitalization of $321.89 million and generates $9.37 million in revenue each year. The company earns $-472,050,000.00 in net income (profit) each year or ($2.10) on an earnings per share basis.
How many employees does TuSimple have?: The company employs 1,450 workers across the globe.
How can I contact TuSimple?: TuSimple's mailing address is 9191 TOWNE CENTRE DRIVE SUITE 600, SAN DIEGO CA, 92122. The official website for the company is www.tusimple.com. The company can be reached via phone at 619-916-3144 or via email at ir@tusimple.com.

This page (NASDAQ:TSP) was last updated on 9/25/2023 by MarketBeat.com Staff

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