Dernières nouvelles pour LZG International (OTC:LZGI) Stock

LZG International Inc is a AI Solutions company empowering 500M-strong star enterprises of tomorrow (aka mSMEs) to grow, innovate, and drive the majority of the global economy.

LZG INTERNATIONAL INC by LZG International, Inc.

LZG International Inc

Guild Stockholders to Receive $20 Per Share in Cash
Board of Directors Also Intends to Pay Special Dividend of up to $0.25 Per Share in Cash Prior to Closing
Transaction strengthens alignment between Guild Mortgage and Lakeview Loan Servicing and creates compelling mortgage origination and servicing platform for growth
Guild Holdings Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GHLD#NYSE">GHLD</a>) ("Guild"), a growth-oriented mortgage company that employs a relationship-based loan sourcing strategy to execute on its mission of delivering the promise of homeownership, today announced that it has signed a definitive agreement under which a fund managed by Bayview Asset Management, LLC ("Bayview") will acquire all of the outstanding shares of the Company's common stock that it does not already own in an all-cash transaction valued at approximately $1.3 billion in aggregate equity value. Upon completion of the transaction, Guild will operate as a privately held independent entity in close partnership with Lakeview Loan Servicing, LLC ("Lakeview"), a leading mortgage servicer and Bayview affiliate.
Under the terms of the agreement, Guild stockholders will receive $20.00 in cash for each share of Guild common stock they hold. The transaction consideration represents a premium of approximately 56% to Guild's unaffected closing common stock price on May 23, 2025, the last trading day prior to the filing of Bayview's Schedule 13D announcing its potential interest in a transaction with Guild, and a premium of approximately 27% to Guild's tangible book value as of March 31, 2025. The Board of Directors also intends to authorize a special cash dividend of up to $0.25 per share in 2025 (based on Guild's cash on hand) and, if the merger is not consummated in 2025, quarterly cash dividends of up to $0.25 per share through the consummation of the merger. The payment of any dividends will not result in an adjustment to the $20.00 per share purchase price.Upon completion of the transaction, Guild will become a private company. McCarthy Capital Mortgage Investors, LLC has executed a written consent to approve the transaction, thereby providing the required stockholder approval for the transaction. No further action by other Guild stockholders is required to approve the transaction.

News

GHLD

Bayview Asset Management To Acquire All Outstanding Shares Of Guild Holdings In All-Cash Transaction Valued At ~$1.3B In Aggregate Equity Value

JP Morgan analyst Tessa Romero maintains Biohaven (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BHVN#NYSE">BHVN</a>) with a Overweight and lowers the price target from $68 to $55.

Price Target

Analyst Ratings

BHVN

JP Morgan Maintains Overweight on Biohaven, Lowers Price Target to $55

SVRE

SaverOne Granted US Patent Titled 'System and Method for Classifying a Mode of Operation of a Mobile Communication Device in a Volume Based on Sensor Fusion.'

JP Morgan analyst Jeremy Tonet maintains Plains GP Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PAGP#NASDAQ">PAGP</a>) with a Neutral and raises the price target from $19 to $20.

PAGP

JP Morgan Maintains Neutral on Plains GP Holdings, Raises Price Target to $20

Macro Economic Events

Macro Notification

Econ #s

Economics

General

US Initial Jobless Claims: 245K vs 246K Est.

USA Building Permits For May 1.393M Vs 1.420M Est.

USA Housing Starts For May 1.256M Vs 1.350M Est.

JP Morgan analyst Bill Peterson maintains Alcoa (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AA#NYSE">AA</a>) with a Neutral and raises the price target from $25 to $28.

JP Morgan Maintains Neutral on Alcoa, Raises Price Target to $28

Investor and Shark Tank star Kevin O'Leary says that every major deal emerging from the Group of Seven summit circles back to two assets — artificial intelligence and data centers.
What Happened: Speaking on Fox Business's "Varney &amp; Co.," O&#8217;Leary <a href="https://www.foxbusiness.com/video/6374464278112">said</a> the past 48 hours of meetings showed that "the country that has the energy, has the AI, has the economy, has the productivity and eventually is superior in warfare."
&#8220;This is all going to go to drones and robotics one day and the country with the best AI,&#8221; he added.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">It boils down to what matters the most in every aspect of economy. You need energy security, but as you can see, what&#39;s going on in just the last 48 hours, it&#39;s all about AI and data centers. The country that has the energy, has the AI, has the economy, has the productivity, and… <a href="https://t.co/2nxD9PdGqt">pic.twitter.com/2nxD9PdGqt</a>
&mdash; Kevin O&#39;Leary aka Mr. Wonderful (@kevinolearytv) <a href="https://twitter.com/kevinolearytv/status/1935014353335370101?ref_src=twsrc%5Etfw">June 17, 2025</a></blockquote>
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O'Leary's comments landed just after President Donald Trump and Canadian Prime Minister Mark Carney launched a <a href="https://www.benzinga.com/news/politics/25/06/45992119/trump-cuts-g7-visit-short-calls-canada-deal-achievable">30-day sprint</a> for a new trade pact. According to a Bloomberg <a href="https://www.bloomberg.com/news/articles/2025-06-16/trump-says-trade-deal-with-canada-achievable-as-g-7-opens">report</a>, Carney said the framework must knit together tariff relief and joint investments in transmission lines that can power next-generation server farms.
G7 leaders had <a href="https://www.benzinga.com/news/politics/25/06/45992306/g7-targets-supply-chain-security-with-critical-minerals-plan">already signed statements</a> on critical minerals and artificial-intelligence "for prosperity," pledging to coordinate policies that guarantee low-carbon electricity for data-center clusters across member economies.
See also: <a href="https://www.benzinga.com/news/legal/25/06/45991641/7-indicted-after-100-million-worth-of-gems-gold-vanish-in-largest-jewelry-heist-in-us-history">7 Indicted After $100 Million Worth Of Gems, Gold Vanish In Largest Jewelry Heist In US History</a>
Why It Matters: O'Leary recently <a href="https://www.facebook.com/reel/1448594236146133">warned</a> investors not to conflate AI enthusiasm with real capacity. "You can't just pull that from the local grid without sending <a href="https://www.benzinga.com/news/politics/25/06/45877943/ai-data-centers-drive-gas-power-boom-in-texas-raising-pollution-risk-equal-to-27-million-cars-report">electricity bills soaring</a>. Cities won't allow it, and <a href="https://www.benzinga.com/tech/25/04/45100013/elon-musks-xai-supercomputer-powering-grok-faces-human-rights-violation-allegations-in-memphis-over-pollution-from-unauthorized-gas-turbines">communities push back hard</a>," he said last month, calling power availability the new prime metric for tech valuations.
&#8220;We can't power the next generation of AI with optimism and solar panels alone,&#8221; he added. Analysts at AInvest now <a href="https://www.ainvest.com/news/g7-2025-preview-leadership-shifts-trade-tensions-investor-stakes-summit-convenes-canada-2506/">note</a> that four of seven G7 members face double-digit electricity-price inflation, raising questions about how fast promised data centers can be delivered.
Emphasizing the primary importance of energy security, O'Leary says: "It all boils down to what matters most in every aspect of the economy.&#8221;
Image via Shutterstock
Read next: <a href="https://www.benzinga.com/markets/tech/25/06/45992099/nvidia-stock-could-rise-another-38-making-jensen-huang-led-ai-giant-a-nearly-5-trillion-company-says-barclays">Nvidia Stock Could Rise Another 38%, Making Jensen Huang-Led AI Giant A Nearly $5 Trillion Company, Says Barclays</a>

Global

Kevin O'Leary Says 'The Last 48 Hours' At The G7 Summit Prove These Two Things Are What 'Matters Most To Every Aspect Of The Economy'

Lion Group Holding Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LGHL#NASDAQ">LGHL</a>) ("LGHL" or the "Company") today announced the official relaunch of its cryptocurrency operations, marking a strategic shift aimed at broadening investor access to digital assets.
<ul>
<li>Evaluate integration of&nbsp;crypto exposure across LGHL's existing ETFs, OTC options, and TRS products business</li>
<li>Pursue next-generation layer-1 treasury strategy anchored by execution-first protocols</li>
<li>Broaden access to emerging digital assets through institutional-grade infrastructure</li>
</ul>

LGHL

Lion Group Holding Relaunches Cryptocurrency Operations With Strategic Focus On Expanding Digital Asset Access, Integrating Crypto Across ETFs And Derivatives, And Advancing Layer-1 Treasury Initiatives

As of June 18, 2025, two stocks in the industrials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the <a href="https://www.benzinga.com/topic/rsi">RSI is above 70</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>. 
Here's the latest list of major overbought players in this sector.
<h3 class="wp-block-heading">Innovative Solutions and Support Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISSC#NASDAQ">ISSC</a>)</h3>
<ul class="wp-block-list">
<li>On May 14, Innovative Solutions reported better-than-expected quarterly financial results. &#8220;Our positive momentum carried over into the second quarter of fiscal 2025, with revenues more than doubling to $21.9 million and our adjusted EBITDA increasing by 219% to $7.7 million, compared to the same quarter last year&#8221; stated Shahram Askarpour, Chief Executive Officer of IS&amp;S. The company's stock jumped around 16% over the past month and has a <a href="https://www.benzinga.com/quote/ISSC">52-week high of $13.40</a>.</li>
<li>RSI Value: 70.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li>
<li>ISSC Price Action: Shares of Innovative Solutions and Support fell 4.7% to close at $12.59 on Tuesday.</li>
<li>Edge Stock Ratings: 96.30 Momentum score with Value at 49.57. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/quote/issc"><img loading="lazy" decoding="async" width="407" height="182" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18052511/image-279.png" alt="" class="wp-image-953556" style="width:297px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18052511/image-279.png 407w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18052511/image-279-300x134.png 300w" sizes="(max-width: 407px) 100vw, 407px" /></a></figure>
<h3 class="wp-block-heading">Power Solutions International Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSIX#NASDAQ">PSIX</a>)</h3>
<ul class="wp-block-list">
<li>On May 8, Power Solutions International reported a year-over-year increase in first-quarter financial results. Dino Xykis, Chief Executive Officer, said, &#8220;We are extremely pleased with our first quarter results, which represent the best first quarter performance in the Company&#8217;s history. Achieving 42% year-over-year sales growth and a 168% increase in net income reflects the strength of our strategic focus and our team&#8217;s relentless execution. This historic performance underscores the growing demand for our solutions particularly in power systems, combined with company wide operational enhancements and a continued commitment to financial discipline.&#8221; The company's stock gained around 43% over the past month and <a href="https://www.benzinga.com/quote/PSIX">has a 52-week high</a> of $54.30.</li>
<li>RSI Value: 76.8</li>
<li>PSIX Price Action: Shares of Power Solutions International fell 1.5% to close at $52.74 on Tuesday.</li>
</ul>
Curious about other BZ Edge Rankings? Click here to discover <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">how similar stocks measure up</a>.
Read This Next: 
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<li><a href="https://www.benzinga.com/trading-ideas/short-ideas/25/06/45970767/top-3-health-care-stocks-that-are-ticking-portfolio-bombs">Top 3 Health Care Stocks That Are Ticking Portfolio Bombs</a> </li>
</ul>
Photo via Shutterstock

Short Ideas

Pre-Market Outlook

Markets

Trading Ideas

ISSC

PSIX

Top 2 Industrials Stocks That May Fall Off A Cliff In Q2

WIIM

ESEA

Euroseas shares are trading higher after the company reported better-than-expected Q1 financial results.

Aurora Cannabis shares are trading lower. The company reported Q4 financial results.

GMS shares are trading higher after the company reported better-than-expected Q4 financial results.

HOTH ALERT: Hoth Therapeutics Reports Positive Preclinical Safety Data for HT-KIT — Dose-Dependent Activity, No Toxicity, IND on Deck
HOTH announces strong preclinical data&nbsp;for HT-KIT showing dose-dependent liver activity with zero observed toxicity&nbsp;– key milestone as the company prepares for IND filing.
Study Results:
<ul>
<li>Liver weight increased from 1.11g → 1.32g across 0 → 3.0 mg/kg</li>
<li>No adverse effects on kidney, spleen, or thymus</li>
<li>100% clean safety profile — no visible lesions or gross pathology</li>
<li>Validates safety of HT-KIT in&nbsp;vivo</li>
</ul>
Robb Knie, CEO: "These results strengthen our confidence in HT-KIT as we advance toward clinical trials. A strong safety signal with dose responsiveness and no toxicity gives us a clear path forward."

Biotech

HOTH

Hoth Therapeutics Releases Preclinical Safety Data For Cancer Fighting HT-KIT Including 100% Clean Safety Profile And No Adverse Effects On Kidney, Spleen, Or Thymus

BTDR

Bitdeer Technologies Group shares are trading lower after the company announced the pricing of a $330 million Convertible Senior Notes offering.

Accenture plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>) will release earnings results for the third quarter, before the <a href="https://www.benzinga.com/quote/ACN/earnings">opening bell on Friday, June 20</a>.
Analysts expect the Dublin-based company to report quarterly earnings at $3.32 per share, up from $3.13 per share in the year-ago period. According to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>, Accenture projects quarterly revenue at $17.3 billion, compared to $16.47 billion a year earlier.
On May 8, Accenture announced plans to acquire Japan-based Yumemi to accelerate the launch of innovative digital products and services.
With the recent buzz around Accenture, some investors may be eyeing potential gains from the company's dividends too. Currently, Accenture offers an annual dividend yield of 1.90% — a quarterly dividend amount of $1.48 per share ($5.92 a year).
To figure out how to earn $500 monthly from Accenture, we start with the yearly target of $6,000 ($500 x 12 months).
Next, we take this amount and divide it by Accenture's $5.92 dividend: $6,000 / 5.92 = 5,769 shares.
So, an investor would need to own approximately $316,398 worth of Accenture, or 1,014 shares to generate a monthly dividend income of $500.
Assuming a more conservative goal of $100 monthly ($1,200 annually), we do the same calculation: $1,200 / $5.92 = 203 shares, or $63,342 to generate a monthly dividend income of $100.
Note that dividend yield can change on a rolling basis, as the dividend payment and the stock price both fluctuate over time.
The dividend yield is calculated by dividing the annual dividend payment by the current stock price. As the stock price changes, the dividend yield will also change.
For example, if a stock pays an annual dividend of $2 and its current price is $50, its dividend yield would be 4%. However, if the stock price increases to $60, the dividend yield would decrease to 3.33% ($2/$60).
Conversely, if the stock price decreases to $40, the dividend yield would increase to 5% ($2/$40).
Further, the dividend payment itself can also change over time, which can also impact the dividend yield. If a company increases its dividend payment, the dividend yield will increase even if the stock price remains the same. Similarly, if a company decreases its dividend payment, the dividend yield will decrease.
ACN Price Action: Shares of Accenture fell by 0.7% to close at $312.03 on Tuesday.
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Read More: 
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<li><a href="https://www.benzinga.com/trading-ideas/short-ideas/25/06/45970767/top-3-health-care-stocks-that-are-ticking-portfolio-bombs">Top 3 Health Care Stocks That Are Ticking Portfolio Bombs</a></li>
</ul>
Image: Shutterstock

Earnings

Long Ideas

How To Earn $500 A Month From Accenture Stock Ahead Of Q3 Earnings

<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="900" height="600" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/06/18092244/Fosun-0618-900x600-1.png" alt="" class="wp-image-14575" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/06/18092244/Fosun-0618-900x600-1.png 900w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/06/18092244/Fosun-0618-900x600-1-300x200.png 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/06/18092244/Fosun-0618-900x600-1-768x512.png 768w" sizes="(max-width: 900px) 100vw, 900px" /></figure>
A Bank of China unit agreed to pump 400 million yuan into Shanghai Yuyuan Jewelry Fashion Group, becoming one of the company's latest new investors

<h4 class="wp-block-heading">Key Takeaways:</h4>
<ul class="wp-block-list">
<li>Bank of China Financial Asset Investment will pay 400 million yuan for 3.6% of Fosun International's Shanghai Yuyuan Jewelry Fashion Group</li>
<li>The investment follows two rounds of large-scale new investment in the jeweler late last year, even as its profit fell</li>
</ul>
Attracting fresh capital for a business that's losing its luster isn't easy. But conglomerate&nbsp;Fosun International's&nbsp;(0656.HK) jewelry subsidiary has done just that by lining up an army of investors to shore up its business that doesn't look so shiny at the moment.
Last Friday, Fosun&nbsp;<a href="https://www1.hkexnews.hk/listedco/listconews/sehk/2025/0613/2025061301717.pdf">said</a>&nbsp;that Bank of China Financial Asset Investment agreed to buy 400 million yuan ($55.7 million) worth of new shares in Shanghai Yuyuan Jewelry Fashion Group, giving it a 3.6% stake in the company. The jeweler owns the Lao Miao brand of shops and is part of Fosun's separately listed&nbsp;Shanghai Yuyuan Tourist Mart (Group) Co. Ltd.&nbsp;(600655.SH), whose operations including shops in Shanghai's historical Yuyuan Garden.
The share sale follows two earlier fundraising rounds late last year. In November, three dozen investors — mostly individuals — agreed to invest a collective 770 million yuan in the jeweler by buying shares in a wholly owned vehicle of Yuyuan Tourist Mart. That investment gave them an aggregate indirect stake of about 8% in the jeweler. Then, the following month, Bank of Communications Financial Asset Investment, an investment arm of another major Chinese bank, agreed to chip in 600 million yuan for 5.6% of the jeweler.
All said, Yuyuan Tourist Mart has raised a total of nearly 1.8 billion yuan from almost 40 investors for its jewelry business since last November. That's quite a substantial sum, equaling more than 30% of Yuyuan Tourist Mart's cash holdings at the end of last year.&nbsp;
What makes this undertaking even more impressive is that Yuyuan Tourist Mart's own prospects aren't particularly bright right now amid generally weak consumer sentiment in China, especially toward nonessential items like glittery accessories.
The listed company's revenue plunged nearly 50% in the first quarter year-on-year to 8.78 billion yuan, while its profit for the period fell by an even greater 71% to 51.8 million yuan, according to its latest financial report filed in late April. Yuyuan Tourist Mart's profit already plunged 94% last year, which Fosun blamed on sluggishness in the "overall domestic consumer market."
Sharp appreciation in prices of gold and other precious metals in the past year isn't helping for the unlisted Shanghai Yuyuan Jewelry Fashion Group either, scaring off China's increasingly cost-conscious buyers. Last year, the jeweler's net profit fell about 10% to 714 million as its sales dropped, according to Fosun's Friday disclosure and its latest annual report.
That sluggishness comes as many jewelers across China report falling sales and profits. Among them, Hong Kong-based&nbsp;Luk Fook&nbsp;(0590.HK) announced this week that its profit fell by 40% in its latest fiscal year that ended in March.
The drags on jewelry companies' profits may not go away soon in the current economic environment in China, although Beijing is trying hard to convince consumers to open their wallets. When sales are sagging, companies often turn to cost cutting to shore up their finances. That appears to be a major objective for Yuyuan Tourist Mart, one of Fosun's four largest subsidiaries and the flagship for the group's "happiness" segment.
Last year, Yuyuan Tourist Mart stepped up divestment of its noncore assets. It sold Kabushiki Kaisha Shinsetsu, a Japanese operator of hotels and restaurants, as well as property projects like Shanghai Zhenru Starshine Plaza. Building on these moves, the company will continue to focus on operation streamlining and asset-light collaborations with key partners this year, according to Fosun.
<h4 class="wp-block-heading">Slimming down</h4>
Slimming down is also an ongoing theme for Fosun, the main investment arm of billionaire Guo Guangchang's business empire, which is only now moving on from its own recent debt crisis. That crisis peaked a few years ago when a deterioration of Fosun's cash flow during the pandemic jeopardized its ability to pay debt that was coming due.
To avoid a default, it started scrambling to sell assets it purchased during a global buying spree in the 2010s. Most recently, in May, it sold real estate assets in Portugal to the country's central bank. As part of its broader overhaul, Fosun has consolidated its remaining assets around four core subsidiaries, including Yuyuan Tourist Mart.
Fundraising seems to be another focus area lately for Yuyuan Tourist Mart. The company relies on debt quite heavily to fund its operations, with its total liabilities amounting to well over 60% of total assets, which limits its ability to increase borrowing. That means financing by selling shares makes more sense for the company — and indeed, it is considering a second listing in Hong Kong to raise the equivalent of $300 million, Bloomberg reported in January.
Such a move would make Yuyuan Tourist Mart the latest company listed on China's domestic A-share markets in Shanghai and Shenzhen to make a second listing in Hong Kong. That movement culminated with the $4 billion Hong Kong listing last month of leading electric vehicle (EV) battery maker CATL, which was already listed in Shenzhen.
Of course, whether Yuyuan Tourist Mart can pull off a Hong Kong IPO is a big question mark now, given the company's recent dismal results, which haven't impressed investors in its Shanghai-listed stock. The company's shares have eked out a 3% gain in the past year, underperforming the SSE Composite Index, which rose some 12% over that time.&nbsp;
But the recent series of equity sales by its jewelry arm does show that there's a decent amount of interest in Yuyuan Tourist Mart, or at least in its jewelry business, among big-name investors. The latest deal values Shanghai Yuyuan Jewelry Fashion Group at about 11 billion yuan, or about 16 times its 2024 profit. That looks somewhat reasonable, putting it between the higher price-to-earnings (P/E) ratio of 23 for Hong Kong jewelry giant&nbsp;Chow Tai Fook&nbsp;(1929.HK) and the lower 8 for rival&nbsp;Chow Sang Sang&nbsp;(0116.HK).
Such a multiple still shows that investors are relatively optimistic about Fosun's jewelry business, even if they are less enamored with its other retail operations. The real challenge, now, will be for the jeweler to deliver results that live up to the new investors' expectations.

Asia

Opinion

Fosun Jewelry Unit Attracts Fresh Capital Despite Profit Plunge

Prominent Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) analyst Gary Black has aimed at &#8220;Tesla bears,&#8221; particularly long-term bear Drew Dickson, for what he calls a fundamental misapplication of traditional automotive price-to-earnings (P/E) ratios to Elon Musk&#8216;s burgeoning electric vehicle business.
What Happened: Black argues that the approach of using the auto industry&#8217;s P/Es for Tesla overlooks the stark differences in growth trajectories between the rapidly expanding EV market and the declining internal combustion engine (ICE) vehicle sector.
&#8220;The biggest mistake $TSLA bears make is slapping an auto industry P/E on TSLA's EV business,&#8221; said Black.
Black dissected Dickson&#8217;s latest report, which attempts to value Tesla&#8217;s automotive business by applying an average P/E of 6.5x to 7.7x, derived from traditional automakers like Ford Motor Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>), Bayerische Motoren Werke AG (BMW), Mercedes-Benz Group AG, General Motors Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>), Renault SA, Stellantis NV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STLA#NYSE">STLA</a>), Volkswagen, Honda Motor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HMC#NYSE">HMC</a>), Toyota Motor Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>), and SAIC Motor. Corp. Ltd.
Dickson&#8217;s analysis suggests that even at a generous 15x P/E for Tesla&#8217;s automotive business, its market capitalization would be around $100 billion, implying that the market already assigns a staggering $1 trillion valuation to Tesla&#8217;s non-automotive ventures such as FSD, robotaxis, Optimus, and energy business.
According to Black, Dickson&#8217;s analysis &#8220;ignores the fact that TSLA is 100% EVs which are growing at 25-30% per year while ICE vehicles are in a state of permanent decline,&#8221; Black posted.
&#8220;Of course there should be a huge difference in P/Es between EV manufacturers and ICE manufacturers given stark differences in growth prospects.&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The biggest mistake <a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a> bears make is slapping an auto industry P/E on TSLA's EV business. From long-term <a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a> bear Drew Dickson's latest report: "We can make a simple determination of what the automobile business is worth. And, by implication, the balance must be these… <a href="https://t.co/euOOrAG01I">pic.twitter.com/euOOrAG01I</a>
&mdash; Gary Black (@garyblack00) <a href="https://twitter.com/garyblack00/status/1935280349006676095?ref_src=twsrc%5Etfw">June 18, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/markets/equities/25/06/45971247/trumps-plan-to-take-on-apple-samsung-with-a-smartphone-is-a-fairytale-dan-ives-warns-it-could-be">Trump&#8217;s Plan To Take On Apple, Samsung With A Smartphone Is A &#8216;Fairytale&#8217;: Dan Ives Warns — It Could Be A Money-Loser For His Company</a>
Why It Matters: <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data also highlights that Tesla was the most overvalued among its peers.
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Automobile Stocks</td>
<td>Forward P/E</td>
</tr>
<tr>
<td>Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)</td>
<td>163.934</td>
</tr>
<tr>
<td>General Motors Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>)</td>
<td>5.269</td>
</tr>
<tr>
<td>Ford Motor Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>)</td>
<td>8.475</td>
</tr>
<tr>
<td>Honda Motor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HMC#NYSE">HMC</a>)</td>
<td>9.901</td>
</tr>
<tr>
<td>Toyota Motor Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>)</td>
<td>9.891</td>
</tr>
<tr>
<td>BYD (OTCPK: BYDDY)</td>
<td>57.804</td>
</tr>
<tr>
<td>Li Auto Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>)</td>
<td>17.857</td>
</tr>
</tbody>
</table>
</figure>
Black, who is <a href="https://www.benzinga.com/markets/equities/25/06/45886571/gary-blacks-2021-tsla-stock-exit-dodged-a-30-drop-can-valuation-discipline-outsmart-teslas-2025-robotaxi-hype">not holding Tesla</a> in his current portfolio, did express some near-term concerns. He highlighted the asymmetrical risk/reward associated with the upcoming Austin robotaxi test, scheduled to begin on June 22nd.
He also voiced apprehension that the &#8220;more affordable vehicles&#8221; targeted for the third quarter might be lower-cost, which could cannibalize sales of more expensive trims.
Finally, Black anticipates that Tesla&#8217;s second quarter volumes are likely to disappoint, projecting approximately 380,000 deliveries against a Street consensus of 402,000. He attributes this potential shortfall to the ongoing EV price war in China, led by BYD (OTCPK: BYDDY).
Price Action: TSLA shares were 0.61% higher in premarket on Wednesday. The stock was down 16.61% year-to-date, but it has returned 71.09% over the year.
About 26 analysts <a href="https://www.benzinga.com/quote/TSLA/analyst-ratings">tracked by Benzinga</a>, covering TSLA, have a consensus target price of $309.76 apiece, with a ‘hold' rating.
The targets range from $19.05 to $500, and the recent ratings by Piper Sandler, Morgan Stanley, and Baird imply an 18.59% upside for the stock.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/quote/TSLA/analyst-ratings"><img loading="lazy" decoding="async" width="1024" height="385" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18075143/ANR-Tesla-new-fresh-1024x385.png" alt="" class="wp-image-953724" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18075143/ANR-Tesla-new-fresh-1024x385.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18075143/ANR-Tesla-new-fresh-300x113.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18075143/ANR-Tesla-new-fresh-768x288.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18075143/ANR-Tesla-new-fresh.png 1161w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Benzinga Edge Stock Rankings shows that Tesla had a stronger price trend over the short, medium, and long term. Its momentum ranking was solid; however, its value ranking was poor at the 9.41th percentile. The details of other metrics are <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-4/#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">available here</a>.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-4/#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="147" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18075216/Edge-Tesla-New-Fresh--1024x147.png" alt="" class="wp-image-953725" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18075216/Edge-Tesla-New-Fresh--1024x147.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18075216/Edge-Tesla-New-Fresh--300x43.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18075216/Edge-Tesla-New-Fresh--768x111.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18075216/Edge-Tesla-New-Fresh-.png 1042w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, rose in premarket on Wednesday. The SPY was up 0.31% at $599.39, while the QQQ advanced 0.38% to $531.07, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Read Next:
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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