John Murphy

Leading electric vehicle company Tesla Inc (NASDAQ:TSLA) reports first-quarter financial results after market close Tuesday, April 23. Here are the key earnings estimates, what analysts are saying and key items to watch. Earnings Estimates: Analysts expect Tesla to report first-quarter revenue of $...

American Axle & Manufacturing Holdings Inc (NYSE: AXL) shares were tanking in early trading on Tuesday. There are no visible positive catalysts for the stock “until well into 2024,” according to BofA Securities. The American Axle Analyst: John Murphy downgraded the rating for...

Electric vehicle leader Tesla Inc (NASDAQ: TSLA) reported third quarter financial results after market close Wednesday. The company reported revenue and earnings per share that both missed estimates from analysts for the quarter. Here’s a look at what analysts are saying after the recent...

Shares of electric vehicle company Rivian Automotive Inc (NASDAQ:RIVN) are trading lower Wednesday after the company issued its second-quarter earnings print after the market close on Tuesday. The report indicated continued momentum in production, improved cost efficiency, the successful...

Bank of America analyst John Murphy reiterated a Buy rating on Rivian Automotive Inc (NASDAQ: RIVN), despite the company's plan to raise more capital.  Rivian shares are trading down in the wake of the company's announcement of a plan to raise more than $1 billion in cash....

General Motors Company (NYSE: GM) shares dropped 4% on Thursday after the company announced it will be idling production at its Fort Wayne plant for two weeks in late March. On Friday, one analyst said the sell-off is a buying opportunity for investors. The Analyst: Bank of America analyst John...

Electric vehicle company Lucid Group Inc (NASDAQ: LCID) reported fourth-quarter financial results Wednesday after market close. The results included an update on vehicle production, deliveries and reservations. The company also shared guidance for 2023. Analysts are breaking down what the results...

Auto stock investors had a difficult year in 2022 as the industry suffered through supply chain disruptions and inventory unbalances. On Monday, one analyst adjusted his coverage of several top auto industry stocks, cut his price target for Tesla Inc (NASDAQ: TSLA) by more than 50% and named his...

Mobileye Global Inc’s (NASDAQ: MBLY) shares traded higher in the premarket on Monday after several analysts began coverage on the stock with positive ratings. However, the company’s peers could increase their share in the highly competitive market for ADAS/AV technology, according to...

On Friday, one auto analyst downgraded the stocks of three auto dealers and suppliers as auto market pressures persist. The Analyst: Bank of America analyst John Murphy issued the following three auto industry ratings changes: American Axle & Manufact. Holdings, Inc. (NYSE: AXL) downgraded...

Rivian Automotive Inc (NASDAQ: RIVN) shares were falling slightly Friday after the company reported impressive second-quarter revenue growth but said 2022 losses would be wider than expected. On Thursday, Rivian reported a second-quarter adjusted EPS loss of $1.62, slightly better than the $1.63...

General Motors Company (NYSE: GM) shares rebounded by 2% on Wednesday after the company reported disappointing second-quarter numbers as it struggles with parts shortages. On Tuesday, GM reported adjusted second-quarter EPS of $1.14, missing consensus analyst estimates of $1.20. GM reported second-...

By 2030, EV adoption in the US could range from 20% to 55% and government regulation may be the most significant change agent in this development, according to BofA Securities. The EV industry represents 4%-7% of the GDP in most countries and contributes to employment, directly and indirectly, and...

Shares of U.S. automakers Ford Motor Company (NYSE: F), General Motors Company (NYSE: GM) and Tesla Inc (NASDAQ: TSLA) are all down more than 32% in 2022 as the auto industry struggles to deal with ongoing supply chain disruptions and rising commodity costs. Unfortunately for the struggling...

The S&P 500 is one of the most popular U.S. stock indices and is often what investors and experts are referring to when they mention the "stock market." However, there's more to the market than large-cap stocks. The lesser-known S&P 600 index is another index established by...