John Murphy

Electric vehicle company Rivian Automotive Inc (NASDAQ: RIVN) reported first-quarter production of 2,553 vehicles. The company delivered 1,227 vehicles in the first quarter and reported more than 90,000 net pre-orders of its Rivian R1 electric pickup truck. Here is what analysts are...

Global battery electric vehicle (BEV) sales surged 78% year-over-year in March to 666,000 units as the world auto industry continues its transition away from internal combustion engines (ICE). Tesla Inc (NASDAQ: TSLA) remains the global electric vehicle market leader, accounting for about 20.7% of...

Bank of America auto analyst John Murphy recently hosted an investor meeting with management from Ford Motor Company (NYSE: F). The Pricing Environment: Murphy said Ford's focus remains on transitioning its business to be a market leader in the future auto industry. One concern investors have...

After more than a decade of growth stocks outperforming value stocks, that trend has reversed in the past year. The Vanguard Value Index Fund ETF (NYSE: VTV) has generated a total return of 13.3% in the past 12 months, compared to just a 1.1% total return for the Vanguard Growth Index Fund ETF (...

Chip shortages, supply chain disruptions and depleted inventory levels are just three of the headwinds auto stock investors have been dealing with in recent quarters. On Tuesday, Bank of America analyst John Murphy said auto investors can now add skyrocketing gas prices to the mix of problems for...

Macau casino stocks traded higher on Friday despite a huge drop-off in gross gaming revenue in the month of March. What Happened? On Friday, Macau reported March gross gaming revenue of MOP3,672bn ($455 million), down 55.8% year-over-year and 52.7% from February levels. The sharp decline was widely...

Most investors are likely familiar with the adage, "actions speak louder than words." That saying certainly applies to the executives and other corporate insiders buying and selling shares of their own company's stock. It's part of an executive's job to paint a rosy public...

Lucid Group Inc (NASDAQ: LCID) reported its fourth-quarter results marginally ahead of expectations on lower operating expenditures, according to BofA Securities. The Lucid Group Analyst: John Murphy maintained a Buy rating on Lucid Group, with an unchanged price target of $60. The Lucid Group...

Although expectations in the automotive industry have been “set reasonably low” heading into the quarter, investors are likely to focus on outlooks for 2022 and beyond, according to BofA Securities. The Automotive Industry Thesis: The general sentiment in the industry remains...

Ford Motor Co (NYSE: F) shares retreated over 7% by Wednesday afternoon as the stock took aim at a lower gap between $21.88 and $22.42 left behind on Jan. 4 when shares shot up almost 12% higher from the previous day’s closing price. If the stock falls to fill the gap and prints a...

Tesla, Inc. (NASDAQ: TSLA), which has a commanding position in the U.S. electric vehicle market, could see an erosion in market share in the medium term, according to a BofA Securities analyst.  2022 A Major Year Of EV Commercialization? The year 2022 marks the start of the...

The auto industry has been one of the most lucrative and controversial sectors in the stock market in recent years. On Thursday, one analyst adjusted price targets for several automaker stocks and named his top five auto stock picks for 2022. The Analyst: Bank of America analyst John Murphy made...

After Tesla Inc.'s (NASDAQ: TSLA) strong fourth-quarter deliveries, the question in everyone's mind is whether the electric vehicle maker can maintain the scorching pace of growth amid supply constraints and intensifying competition. The Tesla Analyst: BofA Securities analyst...

Following a high-profile initial public offering and heady gains in the first few sessions, Rivian Automotive, Inc. (NASDAQ: RIVN) shares have come off the highs and yet are trading above the IPO price. Following the expiry of IPO quiet period, analysts began initiating coverage of the...

Electric vehicle stocks have been hit performers in the past couple of months, but one firm raised price targets for three legacy automaker stocks on Monday. The Analysts: Bank of America analyst John Murphy reiterated a Buy rating for Ford Motor Company (NYSE: F) and raised his price target from $...