Considering the market action SCTY behaving well,I wish we could hear something like Google buys 20% of the company for 2 bill,shorts would be knocking each other down to flee.. Someone will see the potential soon. It will be like a GMCR or MNST when Coke bought a small percentage.
The research firm has a 12-month price target of $95 for the SolarCity’s stock, based on a discounted cash flow mode, while incorporating a multiple on retained value. Compared to the stock’s current price of $59.56 as of 12:06 PM EDT, it implies an upside potential of nearly 60%.
Google this---------- SolarCity Corp Q1 Earnings: Merrill Lynch Weighs In
Well 0 % in a day like this is not all that bad. If the guidance was in line or better we would be up. The first quarter is usually the worst for Solars. I'm up about 20% now i will wait it out,if the market corrects hopefully SCTY has good news for business weekly and SCTY can at least maintain the close to $60 stock price or appreciate.
some things in the article--The company’s sales force has increased 90% over the last 12 months, leading to an 85% increase in its sales and marketing expenses, said SolarCity.Credit Suisse analyst Patrick Jobin is one of the most bullish analysts who cover the company’s stock. SolarCity retained its position on Credit Suisse’s Top Investment Ideas report, released on May 5. In addition to giving the company a spot on the list, the analyst holds a $97 12-month price target for the company’s stock. Compared to its current price of $59.00, it implies an upside potential of 64%.Following the earnings release, the company’s shares are down 0.47% to $59.00 in after-hours trading as of 7:59PM EDT Tuesday. However, analysts at Credit Suisse expect a positive reaction when the market opens as the metrics exceed expectations. SolarCity deployed 153 megawatts (MWs) of solar power generation systems during the quarter, versus Credit Suisse’s expectations and company’s own guidance of 145 MWs. Guidance for the current year was maintained at 920-1,000 MWs.
The bottom line is no one knows in which direction this will go tomorrow,kind of like the dealer has a 5 showing in Blackjack and we have 16. Flip a coin LOL All I know is if you hold SCTY for a couple of more quarters the stock will be a lot higher ,that is my opinion. Good Luck Everyone.
All we need is Goldman to raise this to #1 buy or conviction buy tomorrow,and some shorts will throw in the towel, it won't be a huge move either way,pretty much what they expected.Better report then last quarter. Next quarter they will have there micro grid,direct tv, batteries for the whole quarter the weather will be warm there will be some buyers tomorrow in full force,the CC went well. Be very very careful ,if I was short i would cover before 8 PM . Good Luck all
It looks like AH we will end of close to unchanged from close ? Looks like analysts tomorrow will decide the fate of SCTY on 5/6 no certainty where this will go tomorrow. Up close to 20% in a month,down over $2 this week, TSLA earnings tomorrow, 2 big Upgrades on TSLA the batteries are being ordered off the shelf.. Very good chance we flirt with $62 again tomorrow.
The last 30 days,so some shorts are under water, analysts will raise price targets tomorrow,or just reiterate BUYS,stock is down 2% now, I'm sure Credit Suisse,Goldman, Deutsche Bank will say buy SCTY on any weakness.