Tt stock price forecast continues to benefit from its

TT stock price forecast continues to benefit from its diversified product portfolio. Wall Street projections rank TT among top industrial growth picks, noting EPS growth estimates of 9% year-over-year, which could push shares beyond the $280 resistance zone. The total value is the sum of cash flows for the next ten years plus the discounted terminal value, which results in the Total Equity Value, which in this case is UK£374m. The last step is to then divide the equity value by the number of shares outstanding. Compared to the current share price of UK£1.5, the company appears a touch undervalued at a 28% discount to where the stock price trades currently. The assumptions in any calculation have a big impact on the valuation, so it is better to view this as a rough estimate, not precise down to the last cent. The robotaxi is the key reason for the optimism, with Musk predicting that hundreds of thousands of these vehicles will be on the road by late 2026. Long-term investors also point to other futuristic ambitions such as the humanoid robot called Optimus, and a faith that Musk can keep pushing the boundaries of innovation. About 95% of Tesla’s share price is tied to what the company might do in the future, according to the calculations of DataTrek’s Colas. Compared to the rest of the so-called Magnificent Seven stocks, only Nvidia Corp. and Microsoft Corp. are close, at around 75%. Image (Bloomberg) Tesla is now aiming to bring its driverless taxis to California and Arizona. Earlier this month, Musk said robotaxis could launch in the San Francisco Bay area “probably in a month or two,” pending regulatory approvals. But the company faces major competition. Google parent Alphabet Inc.’s self-driving car unit Waymo already has been operating a similar service in Los Angeles, Austin, Phoenix and San Francisco. It also just began offering trips through Uber Technologies Inc.’s platform in Atlanta, with Miami and Washington expected next year. Separately, Uber is also teaming up with EV-maker Lucid Group Inc. and self-driving tech startup Nuro to launch a robotaxi fleet . It’s this focus on long-term growth that makes Tesla the ultimate “story” driven stock, said Joseph Spak, a UBS analyst. “The Tesla story is about Musk,” said Joe Gilbert, portfolio manager at Integrity Asset Management. “If he can give confidence to the market that he is refocused on robotaxi and the brand, the stock can work.” Want more news? Listen to today's daily briefing below or go here for more info: TT stock price forecast is supported by consistent dividend payouts and share repurchase programs. These shareholder-friendly policies enhance total return expectations, making TT attractive in both growth and income portfolios.