Honda Motor Co (NYSE:HMC) Bolsa

Honda Motor Co

Incorporated in 1948, Honda Motor was originally a motorcycle manufacturer. Today, the firm makes automobiles, motorcycles, and power products such as boat engines, generators, and lawnmowers. Including joint ventures, Honda sold 3.7 million light vehicles and 20.6 million motorcycles in fiscal 2025, and consolidated sales were JPY 21.7 trillion. Automobiles constitute 65% of revenue and motorcycles 17%, with the rest split between power products and financial services. Honda also makes robots and private jets.

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Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul class="wp-block-list">
<li>HC Wainwright &amp; Co. analyst Mitchell Kapoor downgraded Sarepta Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SRPT#NASDAQ">SRPT</a>) from Neutral to Sell and lowered the price target from $40 to $10. Sarepta Therapeutics shares closed at $18.98 on Tuesday. <a href="https://www.benzinga.com/quote/SRPT/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>BTIG analyst Gregory Lewis downgraded the rating for NuScale Power Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMR#NYSE">SMR</a>) from Buy to Neutral. NuScale Power shares closed at $43.24 on Tuesday. <a href="https://www.benzinga.com/quote/SMR/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Goldman Sachs analyst Carly Davenport downgraded WEC Energy Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WEC#NYSE">WEC</a>) from Neutral to Sell and lowered the price target from $106 to $100. WEC Energy shares closed at $105.36 on Tuesday. <a href="https://www.benzinga.com/quote/WEC/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Macquarie analyst James Hong downgraded the rating for Honda Motor Co., Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HMC#NYSE">HMC</a>) from Outperform to Neutral. Honda Motor shares closed at $28.88 on Tuesday. <a href="https://www.benzinga.com/quote/HMC/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Barclays analyst Julien Roch downgraded Omnicom Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OMC#NYSE">OMC</a>) from Overweight to Equal-Weight and lowered the price target from $105 to $80. Omnicom Group shares closed at $72.48 on Tuesday. <a href="https://www.benzinga.com/quote/OMC/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying SRPT stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><a href="https://www.benzinga.com/quote/srpt/analyst-ratings"><img loading="lazy" decoding="async" width="1024" height="635" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/25101702/image-386-1024x635.png" alt="" class="wp-image-961722" style="width:653px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/25101702/image-386-1024x635.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/25101702/image-386-300x186.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/25101702/image-386-768x477.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/25101702/image-386.png 1107w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
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This Sarepta Therapeutics Analyst Turns Bearish; Here Are Top 5 Downgrades For Wednesday

Macquarie analyst James Hong downgrades Honda Motor Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HMC#NYSE">HMC</a>) from Outperform to Neutral.

Macquarie Downgrades Honda Motor Co to Neutral

Honda Motor Co's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HMC#NYSE">HMC</a>) short percent of float has risen 20.59% since its last report. The company recently reported that it has 5.65 million shares sold short, which is 0.41% of all regular shares that are available for trading. Based on its trading volume, it would take traders 9.67 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>Honda Motor Co Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1750431649_0_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Honda Motor Co has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Honda Motor Co's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, Honda Motor Co's peer group average for short interest as a percentage of float is 8.27%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

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<a href="https://asia.nikkei.com/Business/Automobiles/Honda-and-Nissan-weigh-US-tie-up-as-Trump-tariffs-spur-rapprochement" title="https://asia.nikkei.com/Business/Automobiles/Honda-and-Nissan-weigh-US-tie-up-as-Trump-tariffs-spur-rapprochement">https://asia.nikkei.com/Business/Automobiles/Honda-and-Nissan-weigh-US-tie-up-as-Trump-tariffs-spur-rapprochement</a>
<a href="https://asia.nikkei.com/Business/Automobiles/Honda-and-Nissan-weigh-US-tie-up-as-Trump-tariffs-spur-rapprochement" title="https://asia.nikkei.com/Business/Automobiles/Honda-and-Nissan-weigh-US-tie-up-as-Trump-tariffs-spur-rapprochement">https://asia.nikkei.com/Business/Automobiles/Honda-and-Nissan-weigh-US-tie-up-as-Trump-tariffs-spur-rapprochement</a>

'Honda And Nissan Weigh U.S. Tie-Up As Trump Tariffs Spur Rapprochement' - Nikkei Asia

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 $1 trillion valuation to Tesla&#8217;s non-automotive ventures such as FSD, robotaxis, Optimus, and energy business.
According to Black, Dickson&#8217;s analysis &#8220;ignores the fact that TSLA is 100% EVs which are growing at 25-30% per year while ICE vehicles are in a state of permanent decline,&#8221; Black posted.
&#8220;Of course there should be a huge difference in P/Es between EV manufacturers and ICE manufacturers given stark differences in growth prospects.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The biggest mistake <a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$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.
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Gary Black Calls Out Tesla Bears For 'Slapping' Auto Industry Valuation Technique On Elon Musk's EV Business: 'Stark Differences In Growth Prospects'

Even as May&#8217;s inflation print was better-than-expected, it snapped a four-month falling streak and rose slightly, hinting that firms absorbed some tariff-induced price hikes.
What Happened: &#8220;Surprisingly, new and used vehicle prices declined in May, despite many expecting an increase in prices from tariffs,&#8221; said the chief economist at LPL Financial, Jeffrey Roach.
According to him, prices for apparel and autos, &#8220;both highly sensitive to trade conditions, declined in May.&#8221; Apparel prices also declined in April, indicating that these companies likely &#8220;absorbed tariff costs.&#8221;
&#8220;But don't expect that to continue,&#8221; he added.
Comerica Wealth Management&#8217;s CIO, Eric Teal, reiterated Roach&#8217;s point and explained that tariffs have not yet shown up in consumer prices. &#8220;But a lot depends on the absorption rate of U.S. companies and foreign suppliers.&#8221;
Teal believed that the majority of the tariffs would eventually get passed to the consumer, &#8220;but companies are cautious at this juncture about passing along the price increase.&#8221;
Similarly, the chief economist at Comerica Bank, Bill Adams, said, &#8220;CPI cool in May, but price increases are still likely to accelerate in the second half of the year.&#8221;
Here&#8217;s how automotive and apparel companies have performed in 2025 under the tariff pressures and fear of price increases.
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Automobile Stocks</td>
<td>YTD Performance</td>
<td>One Year Performance</td>
</tr>
<tr>
<td>Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)</td>
<td>-13.93%</td>
<td>84.12%</td>
</tr>
<tr>
<td>Toyota Motor Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>)</td>
<td>-5.44%</td>
<td>-11.20%</td>
</tr>
<tr>
<td>General Motors Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>)</td>
<td>-2.92%</td>
<td>2.07%</td>
</tr>
<tr>
<td>Honda Motor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HMC#NYSE">HMC</a>)</td>
<td>2.50%</td>
<td>-10.91%</td>
</tr>
<tr>
<td>Ford Motor Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>)</td>
<td>10.47%</td>
<td>-11.75%</td>
</tr>
<tr>
<td>Li Auto Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>)</td>
<td>22.40%</td>
<td>54.98%</td>
</tr>
</tbody>
</table>
</figure>
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Apparel Stocks</td>
<td>YTD Performance</td>
<td>One Year Performance</td>
</tr>
<tr>
<td>Urban Outfitters Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/URBN#NASDAQ">URBN</a>)</td>
<td>21.80%</td>
<td>58.49%</td>
</tr>
<tr>
<td>Citi Trends Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CTRN#NASDAQ">CTRN</a>)</td>
<td>28.29%</td>
<td>51.16%</td>
</tr>
<tr>
<td>Stitch Fix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SFIX#NASDAQ">SFIX</a>)</td>
<td>-1.95%</td>
<td>14.57%</td>
</tr>
<tr>
<td>Carter&#8217;s Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRI#NYSE">CRI</a>)</td>
<td>-40.07%</td>
<td>-50.35%</td>
</tr>
<tr>
<td>American Eagle Outfitters Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AEO#NYSE">AEO</a>)</td>
<td>-40.98%</td>
<td>-51.67%</td>
</tr>
<tr>
<td>Nike Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>)</td>
<td>-14.33%</td>
<td>-32.63%</td>
</tr>
<tr>
<td>Skechers USA Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SKX#NYSE">SKX</a>)</td>
<td>-7.00%</td>
<td>-16.00%</td>
</tr>
<tr>
<td>Lululemon Athletica Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>)</td>
<td>-32.24%</td>
<td>-18.57%</td>
</tr>
</tbody>
</table>
</figure>
See Also: <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-">Gary Black&#8217;s 2021 TSLA Stock Exit Dodged A 30% Drop: Can Valuation Discipline Outsmart Tesla&#8217;s 2025 Robotaxi Hype</a>
Why It Matters: Contrary to the aforementioned views, the CIO at Northlight Asset Management, Chris Zaccarelli, believed that lower-than-expected numbers across the board and a trade deal with China that was agreed to in London would help &#8220;the narrative around tariff-induced inflation should subside.&#8221;
However, &#8220;we are still cautious, but many of the risks that were present in early April appear to be receding at this time,&#8221; Zaccarelli added.
On the other hand, Jamie Cox also believed that the disinflation trend should be intact in the coming months. &#8220;Shelter and energy are going to keep the disinflation trend intact &#8211; prices are moving down in two of the largest categories, so investors should expect further declines in inflation in the coming months,&#8221; he said.
Price Action: 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, fell on Wednesday. The SPY was down 0.29% at $601.36, while the QQQ declined 0.34% to $532.41, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
The futures of the S&amp;P 500, Dow Jones, and Nasdaq 100 indices fell on Thursday.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/equities/25/06/45892385/sp-500-bull-run-tends-to-be-choppy-in-3rd-year-ongoing-31-month-old-bull-market-could-have-more-">S&amp;P 500 Bull Run Tends To Be &#8216;Choppy&#8217; In 3rd Year: Ongoing 31-Month-Old Bull Market Could Have More Legs: &#8216;Better Times Are Coming,&#8217; Says Ryan Detrick </a></li>
</ul>
Photo courtesy: Shutterstock

CTRN

LULU

SFIX

URBN

Automotive And Apparel Companies 'Absorbed Tariff Costs' Amid Better Than Expected May CPI Print: 'But Don't Expect That To Continue,' Says Expert

As Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) gears up for its much-hyped Robotaxi service launch, investors are revisiting the disciplined valuation strategy of Gary Black, who sidestepped a 30% downturn by exiting TSLA in 2021.
What Happened: With Tesla's stock trading at a staggering price, which is 166.67 times higher than its 2026 earnings, questions arise: can Black's approach outmaneuver the speculative frenzy surrounding the Robotaxi rollout?
The EV maker&#8217;s forward price-earnings ratio is 6.47 times more expensive than its industry&#8217;s average of 25.75.
The managing partner at Future Fund LLC, Black, underscored his strategy of selling when TSLA exceeds his valuation target, which demonstrated its efficacy in 2021. By offloading shares at a peak, he avoided a significant drawdown, a move that paid off as he rebought at a lower price.
&#8220;Valuation discipline is when one sells a stock that has reached one's price target. It's not day-trading,&#8221; he said in his X post.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Valuation discipline is when one sells a stock that has reached one's price target. It's not day-trading. It's not being short-term focused. It's what all good portfolio managers do. If a stock's price exceeds what one's estimate of value is, one should sell it. In Feb 2021 many…
&mdash; Gary Black (@garyblack00) <a href="https://twitter.com/garyblack00/status/1932657308573585634?ref_src=twsrc%5Etfw">June 11, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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He shares this anecdote after the Future Fund sold its <a href="https://www.benzinga.com/markets/equities/24/10/41536727/gary-black-fights-off-criticism-says-worst-peformer-in-future-fund-was-tesla-here-are-his-holdin" target="_blank" rel="noreferrer noopener">entire TSLA holding in </a>May 2025, marking the first time since 2021 that the firm did not hold a position in the stock.  
This is relevant today as the stock trades at skyrocketing valuations despite <a href="https://www.benzinga.com/news/earnings/25/04/44937440/tesla-q1-misses-estimates-as-tariff-pressures-weigh-on-outlook-lower-cost-evs-still-on-track">weak first-quarter earnings</a> and a decline last week following President Donald Trump&#8216;s <a href="https://www.benzinga.com/news/politics/25/06/45807968/trump-signals-truce-with-elon-musk-after-online-feud-its-going-very-well-never-done-better">social media spat</a> with Elon Musk. 
Apart from this, the investor optimism around the Robotaxi service launch in Austin, Texas, was also delayed as Musk changed it to June 22, &#8220;tentatively.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Tentatively, June 22. We are being super paranoid about safety, so the date could shift. First Tesla that drives itself from factory end of line all the way to a customer house is June 28.
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1932591896939147494?ref_src=twsrc%5Etfw">June 11, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Targeting this delay, Gordon Johnson of GLJ Research said that it will be valuable for Tesla shareholders for Musk to delay &#8220;the actual FSD launch indefinitely so as Wall Street can continue to put a ridiculous valuation on a biz that does not exist.&#8221; 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The value to <a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a> shareholders is <a href="https://twitter.com/elonmusk?ref_src=twsrc%5Etfw">@elonmusk</a> delaying the actual FSD launch indefinitely so as Wall Street can continue to put a ridiculous valuation on a biz that does not exist. Bringing that biz into existence will prove out what the bears have been saying since 2018. <a href="https://t.co/SbZiMluVIs">https://t.co/SbZiMluVIs</a>
&mdash; Gordon Johnson (@GordonJohnson19) <a href="https://twitter.com/GordonJohnson19/status/1932744572829942167?ref_src=twsrc%5Etfw">June 11, 2025</a></blockquote>
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</figure>
See Also:<a href="https://www.benzinga.com/markets/25/06/45876245/jeremy-siegel-backs-ted-cruzs-plan-to-end-fed-interest-payments-on-excess-reserves-potentially-savin"> Jeremy Siegel Backs Ted Cruz&#8217;s Plan To End Fed Interest Payments On &#8216;Excess Reserves,&#8217; Potentially Saving $2 Trillion In Deficits: &#8216;Not A Trivial Concern&#8217;</a>
Why It Matters: TSLA shares were 1.69% higher in premarket on Wednesday and rose 5.67% to $326.09 per share on Monday. The stock was down 14.02% year-to-date, but it has returned 91.08% over the year.
As Black bats for selling the stock at its target price, about 26 analysts covering TSLA, <a href="https://www.benzinga.com/quote/TSLA/analyst-ratings">tracked by Benzinga</a>, have a consensus target price of $306 apiece, with a &#8216;hold&#8217; rating. 
The targets range from $19.05 to $500, and the recent ratings by Morgan Stanley, Baird and Goldman Sachs imply a 1.51% 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="387" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/11061315/Tesla-ANR-Fresh--1024x387.png" alt="" class="wp-image-945894" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/11061315/Tesla-ANR-Fresh--1024x387.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/11061315/Tesla-ANR-Fresh--300x113.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/11061315/Tesla-ANR-Fresh--768x290.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/11061315/Tesla-ANR-Fresh-.png 1285w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Additionally, Tesla is the most expensive stock among its peers as it trades higher than General Motors Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) and Ford Motor Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>), which have the same forward P/E industry average of 25.75.
Meanwhile, it is more expensive than other automotive companies like Toyota Motor Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>) and BYD (OTCPK: BYDDY).
<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>166.667</td>
</tr>
<tr>
<td>General Motors Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>)</td>
<td>5.339</td>
</tr>
<tr>
<td>Ford Motor Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>)</td>
<td>8.621</td>
</tr>
<tr>
<td>Honda Motor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HMC#NYSE">HMC</a>)</td>
<td>9.911</td>
</tr>
<tr>
<td>Toyota Motor Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>)</td>
<td>10.571</td>
</tr>
<tr>
<td>BYD (OTCPK: BYDDY)</td>
<td>20.877</td>
</tr>
<tr>
<td>Li Auto Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>)</td>
<td>19.305</td>
</tr>
</tbody>
</table>
</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-2#:~: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-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="162" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/11061237/EDGE-TESLA-FRESH-1024x162.png" alt="" class="wp-image-945889" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/11061237/EDGE-TESLA-FRESH-1024x162.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/11061237/EDGE-TESLA-FRESH-300x48.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/11061237/EDGE-TESLA-FRESH-768x122.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/11061237/EDGE-TESLA-FRESH.png 1048w" 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, were slightly lower in premarket on Wednesday. The SPY was down 0.16% at $602.13, while the QQQ declined 0.11% to $533.60, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/equities/25/06/45865410/michael-saylors-mstr-could-be-hit-hard-if-btc-tumbles-strategy-is-high-stakes-and-risky-now-but-">Michael Saylor&#8217;s MSTR Could Be &#8216;Hit Hard&#8217; If BTC Tumbles: Strategy Is &#8216;High-Stakes And Risky Now, But So Far, It&#8217;s Working,&#8217; Says Analyst </a></li>
</ul>
Photo: Shutterstock

Gary Black's 2021 TSLA Stock Exit Dodged A 30% Drop: Can Valuation Discipline Outsmart Tesla's 2025 Robotaxi Hype

A mix of bullish catalysts is poised to lift investor sentiment Wednesday, as President Donald Trump confirmed a China trade deal and fresh inflation data came in softer <a href="https://www.benzinga.com/markets/economic-data/25/06/45881899/inflation-resumes-climb-in-may-but-tariffs-have-yet-to-hit-consumers">than expected for May.</a>
Trump declared a sweeping new trade agreement with China via Truth Social following two days of negotiations in London, suggesting major concessions from Beijing and lighter U.S. obligations.
&#8220;Full magnets, and any necessary rare earths, will be supplied, up front, by China,&#8221; Trump said, adding that the U.S. would reciprocate by allowing Chinese students access to U.S. colleges. 
The deal, pending final approval with Chinese President Xi Jinping, includes a significant tariff shift. The U.S. will continue applying tariffs totaling 55% on selected Chinese imports, while China will impose a 10% tariff rate on U.S. goods.
<h3 class="wp-block-heading">Inflation Rises Less Than Expected In May, Easing Tariff Anxiety</h3>
U.S. consumer inflation was softer than expected in May, reinforcing expectations for Federal Reserve rate cuts later this year.
The Consumer Price Index rose 2.4% from a year earlier, undercutting the 2.5% forecasted by economists and edging slightly above April's 2.3% reading. On a monthly basis, prices climbed just 0.1%, slower than both the prior month's 0.2% and the consensus estimate.
Core CPI—which excludes food and energy—held steady at 2.8% year over year, missing the 2.9% projection. Month over month, core prices advanced only 0.1%, undershooting the expected 0.3%.
Energy prices were a major drag, falling 1% in May. Gasoline plunged 2.6%, reversing the prior month's rise. On the flip side, services like medical care and motor vehicle insurance saw upward pressure.
&#8220;With lower-than-expected numbers across the board and a trade deal with China that was agreed to in London, the narrative around tariff-induced inflation should subside,&#8221; said Chris Zaccarelli, chief investment officer for Northlight Asset Management.
<h3 class="wp-block-heading">How Close Are We to New Highs?</h3>
In premarket trading, the S&amp;P 500 index traded at 6,050, up 0.20%, while the Nasdaq 100 added 0.25% to reach 21,990.
The Dow Jones Industrial Average gained 0.1% to 42,924.
Both the S&amp;P 500 and Nasdaq 100 are now less than 2 percentage points from their all-time highs, at 1.6% and 1.1% away, respectively.
According to <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1">Benzinga Pro</a> platform, top-gainers within large-cap stocks following the release of the inflation included:
<ul class="wp-block-list">
<li>CoreWeave Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWE#NASDAQ">CRWE</a>) gained 3.57% to $159.70</li>
<li>NICE Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NICE#NASDAQ">NICE</a>) rose 3.33% to $179.00</li>
<li>Best Buy Co. Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBY#NYSE">BBY</a>) added 3.14% to $76.00</li>
<li>Textron Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TXT#NYSE">TXT</a>) climbed 3.03% to $78.15</li>
<li>Honda Motor Co. Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HMC#NYSE">HMC</a>) increased 2.97% to $29.36</li>
<li>Amer Sports Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AS#NYSE">AS</a>) rose 2.86% to $38.69</li>
<li>IDEXX Laboratories Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDXX#NASDAQ">IDXX</a>) gained 2.85% to $540.00</li>
<li>Chewy Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHWY#NYSE">CHWY</a>) advanced 2.74% to $43.40</li>
<li>Skyworks Solutions Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SWKS#NASDAQ">SWKS</a>) jumped 2.67% to $75.98</li>
<li>Teradyne Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TER#NASDAQ">TER</a>) added 2.59% to $90.47</li>
</ul>
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/large-cap/25/06/45870128/meta-platforms-enters-its-most-bullish-month-a-return-to-record-highs-in-sight">Meta Platforms Enters Its Most Bullish Month: A Return To Record Highs In Sight?</a></li>
</ul>
Photo: Shutterstock<a href="https://www.benzinga.com/markets/large-cap/25/06/45870128/meta-platforms-enters-its-most-bullish-month-a-return-to-record-highs-in-sight"> </a>

Large Cap

Macro Economic Events

Broad U.S. Equity ETFs

Econ #s

Economics

ETFs

CHWY

CRWE

IDXX

NICE

SWKS

Wall Street Eyes Record Highs As Trump Seals China Deal, Soft Inflation Eases Tariff Jitters

<a href="https://hondanews.com/en-US/releases/release-887399168056036e89d44dc60501cae7-american-honda-posts-strong-may-results-on-balanced-sales-of-cars-trucks-and-electrified-models">https://hondanews.com/en-US/releases/release-887399168056036e89d44dc60501cae7-american-honda-posts-strong-may-results-on-balanced-sales-of-cars-trucks-and-electrified-models</a>

General

American Honda Reports May Total Car Sales Of 135,432 Units, Up 6.5% YoY

<a href="https://www.bloomberg.com/news/articles/2025-06-02/honda-joins-2028-los-angeles-olympic-games-as-major-partner?srnd=homepage-americas">https://www.bloomberg.com/news/articles/2025-06-02/honda-joins-2028-los-angeles-olympic-games-as-major-partner?srnd=homepage-americas</a>

'Honda Joins 2028 Los Angeles Olympic Games as Major Partner'- Bloomberg

Honda Motor Co's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HMC#NYSE">HMC</a>) short percent of float has risen 7.32% since its last report. The company recently reported that it has 6.17 million shares sold short, which is 0.44% of all regular shares that are available for trading. Based on its trading volume, it would take traders 6.81 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>Honda Motor Co Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1747936823_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Honda Motor Co has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Honda Motor Co's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, Honda Motor Co's peer group average for short interest as a percentage of float is 10.17%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Despite the overvalued nature of the stock based on its price-to-earnings metric, Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)&#8217;s CEO, Elon Musk, has defended the company&#8217;s growth, citing its stock prices, shrugging off the fundamental worries surrounding the carmaker as highlighted by experts.
What Happened: During the Qatar Economic Forum on Monday, Musk highlighted that Tesla&#8217;s share price was the measure of its business&#8217;s success. 
&#8220;You can just look at the stock price if you want the best inside information,&#8221; he said as per <a href="https://finance.yahoo.com/news/elon-musk-tells-investors-teslas-stock-price-shows-company-is-in-a-good-place-dont-worry-about-it-143940828.html">a</a> Yahoo Finance report.
&#8220;The stock market analysts have that, and a stock wouldn&#8217;t be trading near all-time highs if it was not, if things weren&#8217;t in good shape. They&#8217;re fine, don&#8217;t worry about it.&#8221;
According to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>, Tesla shares are trading at a price nearly 158.730 times its 2026 earnings. At the same time, the average forward price-to-earnings of its peers stood at 25.75 times, implying that Tesla was 6.16 times more expensive than its industry's average.
However, Gordon Johnson, the CEO and founder of GLJ Research, countered Musk&#8217;s statement with examples. In an X post, he highlighted that &#8220;If: high stock price = good underlying business fundamentals, then WorldComm + HealthSouth + Enron + Tyco + etc. would never have gone bankrupt.&#8221;
He explained that the stock prices were simply a reflection of a stock&#8217;s demand, which could be influenced by factors like CEO comments and pump-and-dump Wall Street analysts.
Taking a dig at the Federal Reserve and Treasury Secretary Scott Bessent, Johnson further stated that the Fed&#8217;s purchase of Treasuries by printing money was also a reason for the artificially created demand for stocks.
&#8220;Were the Federal Reserve to immediately pull out all the money it printed into existence from COVID, we&#8217;d QUICKLY have REAL price discovery in stocks,&#8221; he warned.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I was going to comment on this&#8230; but <a href="https://twitter.com/FredericLambert?ref_src=twsrc%5Etfw">@FredericLambert</a> NAILS it. If: high stock price = good underlying business fundamentals, then WorldComm + HealthSouth + Enron + Tyco + etc. would never have gone bankrupt. Stock price simply = demand for the stock (and demand for a stock can… <a href="https://t.co/LmKs67YUH1">https://t.co/LmKs67YUH1</a>
&mdash; Gordon Johnson (@GordonJohnson19) <a href="https://twitter.com/GordonJohnson19/status/1924865321078276238?ref_src=twsrc%5Etfw">May 20, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
As of the <a href="https://www.benzinga.com/25/04/44937440/tesla-q1-earnings-highlights-revenue-miss-eps-miss-tariff-landscape-and-changing-political-sentiment-cloud-guidance">first quarter,</a> Tesla&#8217;s revenue fell 9% year-over-year to $19.34 billion, missing the Street&#8217;s consensus estimate of $21.35 billion, and its EPS declined 40% year-over-year to 27 cents, which was below the 31 cents consensus.
See Also: <a href="https://www.benzinga.com/news/25/05/45533521/charlie-munger-once-said-the-first-rule-of-compounding-is-to-never-interrupt-it-unnecessarily-now-hi">Charlie Munger Once Said, &#8216;The First Rule Of Compounding Is To Never Interrupt It Unnecessarily&#8217; — Now His Wisdom Rings True As The S&amp;P 500 Surges 220% Over 10 Years</a>
Why It Matters: When compared to a few of its industry peers, Tesla had the highest trailing P/E ratio among them.
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Stocks</td>
<td>Trailing P/E</td>
</tr>
<tr>
<td>Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)</td>
<td>196.469</td>
</tr>
<tr>
<td>Toyota Motor Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>)</td>
<td>0.05</td>
</tr>
<tr>
<td>General Motors Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>)</td>
<td>6.96</td>
</tr>
<tr>
<td>Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>)</td>
<td>8.54</td>
</tr>
<tr>
<td>Honda Motor Co Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HMC#NYSE">HMC</a>)</td>
<td>0.06</td>
</tr>
</tbody>
</table>
</figure>
However, when compared to the forward P/E ratios of the Magnificent 7 stocks, Tesla shares remain the most expensive with the highest ratio of forward price-to-earnings in comparison with its industry average.
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Stocks</td>
<td>Forward P/E</td>
<td>Industry Average</td>
</tr>
<tr>
<td>Tesla Inc. </td>
<td>158.73</td>
<td>25.75</td>
</tr>
<tr>
<td>Nvidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)</td>
<td>31.153</td>
<td>37.03</td>
</tr>
<tr>
<td>Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>)</td>
<td>28.818</td>
<td>20.23</td>
</tr>
<tr>
<td>Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>)</td>
<td>30.488</td>
<td>81.74</td>
</tr>
<tr>
<td>Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>)</td>
<td>31.646</td>
<td>32.14</td>
</tr>
<tr>
<td>Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>)</td>
<td>17.575</td>
<td>125.77</td>
</tr>
<tr>
<td>Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>)</td>
<td>25.189</td>
<td>125.77</td>
</tr>
</tbody>
</table>
</figure>
TSLA shares were down 9.35% year-to-date, but it has returned by 51.13% just in the last month. The shares were up 84.26% over the year. On Tuesday, it ended 0.51% lower and advanced 0.015% in after-hours and on Wednesday, it was up 0.46%.
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 8.57th percentile. The details of other metrics are <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~: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-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="143" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/21034750/EDGE-TESLA-1024x143.png" alt="" class="wp-image-922346" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/21034750/EDGE-TESLA-1024x143.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/21034750/EDGE-TESLA-300x42.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/21034750/EDGE-TESLA-768x107.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/21034750/EDGE-TESLA.png 1224w" 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, fell in premarket on Wednesday. The SPY was down 0.70% to $588.69, while the QQQ declined 0.76% to $516.31, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
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AMZN

GOOG

Tesla Is 6X More Expensive Than Its Peers And The Most Overvalued Mag 7 Stock: Gordon Johnson Questions Fundamentals As Elon Musk Shrugs Off Concerns

Honda Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HMC#NYSE">HMC</a>) reportedly announced Tuesday that it will cut investment in electric vehicles amid weakening demand and instead prioritize hybrids, which are gaining popularity with consumers.
CEO Toshihiro Mibe said EVs are expected to account for about 20% of sales by the target year, though he noted market trends remain uncertain. Honda has reduced its planned electrification and software investment by 30% to 7 trillion yen ($48.4 billion), according to <a href="https://www.reuters.com/business/autos-transportation/japans-honda-scale-back-electric-vehicles-concentrate-hybrids-2025-05-20/" target="_blank" rel="noreferrer noopener">Reuters</a>.
The shift aligns with broader industry trends, as automakers respond to softening EV demand, rising hybrid sales, and relaxed government emissions targets.
Also Read: <a href="https://www.benzinga.com/25/05/45488137/general-motors-wants-to-overturn-californias-aggressive-ev-mandate-as-demand-slows-in-the-us-report" target="_blank" rel="noreferrer noopener">General Motors Wants To Overturn California&#8217;s EV Mandate As Demand Slows In The U.S.</a>
Honda plans to launch 13 new hybrid models globally between 2027 and 2031. It offers over a dozen hybrid models worldwide, but only three in the U.S.—the Civic, Accord, and CR-V. A new hybrid system for larger vehicles is also in development, Reuters mentioned.
The company targets hybrid sales of 2.2 million to 2.3 million units by 2030, up from 868,000 in 2024. Total vehicle sales last year reached 3.8 million.
Last week, Honda Motor <a target="_blank" href="https://global.honda/en/investors/library/documents/main/00/teaserItems3/010/linkList/0/link/FYE202503_4Q_financial_result_e.pdf" rel="noreferrer noopener">forecasted</a> a steep drop in earnings for the fiscal year ending March 31, 2026, citing industry headwinds and currency pressures.
The company expects sales revenue to fall 6.4% to ¥20.3 trillion. It projects operating profit will drop 58.8% to ¥500 billion. Profit before income taxes will likely decline 62.8% to ¥490 billion.
Net profit is expected to fall 64% to ¥325 billion, with profit attributable to shareholders plunging 70.1% to ¥250 billion.
Honda also said it would halt planned expansion due to fluctuating EV demand and uncertainty over U.S. President Donald Trump&#8217;s proposed tariffs on imported vehicles. CEO Toshihiro Mibe said the rapidly changing automotive landscape requires greater flexibility.
Honda joins other automakers, including Nissan, in scaling back EV plans. Nissan (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NSANF#OTC">NSANF</a>) recently <a href="https://www.benzinga.com/news/25/05/45316137/nissan-scraps-11-billion-ev-battery-plant-eyes-cost-cuts-to-survive-report" target="_blank" rel="noreferrer noopener">canceled</a> a $1.1 billion battery plant in Kyushu, Japan, just months after announcing it.
Price Action: Honda Motor shares are trading higher by 0.44% at $29.40 premarket at the last check on Tuesday.
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Image: Shutterstock

NSANF

Honda Hits The Brakes On EV Push, Bets Big On Hybrid Revival: Report

Honda Motor Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HMC#NYSE">HMC</a>) reported quarterly earnings of $0.18 per share. This is a 81.82 percent decrease over earnings of $0.99 per share from the same period last year. The company reported $35.15 billion in sales this quarter. This is a 3.94 percent decrease over sales of $36.59 billion the same period last year.

Honda Motor Co Q4 EPS $0.18 Down From $0.99 YoY, Sales $35.15B Down From $36.59B YoY

WIIM

Honda Motor shares are trading lower after the company reported a year-over-year decrease in FY25 GAAP EPS results.

Honda Motor Co FY25 GAAP EPS ¥178.93 Down From ¥225.88 YoY, Sales ¥21.688T Up From ¥20.428T YoY

[2] Forecasts for the Fiscal Year Ending March 31, 2026 In regard to the forecasts of the financial results for the fiscal year ending March 31, 2026, Honda projects consolidated results to be as shown below: Fiscal year ending March 31, 2026 Yen (billions) Changes from FYE Mar. 31, 2025 Sales revenue 20,300.0 -6.4% Operating profit 500.0 -58.8% Profit before income taxes 490.0 -62.8% Profit for the year 325.0 -64.0% Profit for the year attributable to owners of the parent 250.0 -70.1% Note: The forecasts are based on the assumption that the average exchange rates for the Japanese yen to the U.S. dollar will be JPY135 for the full year ending March 31, 2026. The reasons for the increases or decreases in the forecasts of the operating profit for the fiscal year ending March 31, 2026 from the previous year are as follows. Yen (billions) Sales impacts + 156.1 Price and cost impacts + 250.0 Expenses - 219.1 R&amp;D expenses - 126.0 Currency effect - 452.0 Tariff impact and recovery efforts for tariff impact - 450.0 Impact of change in the estimation model for automobile product warranties + 127.6 Operating profit compared with the fiscal year ended March 31, 2025 - 713.4

Guidance

Honda Motors For FY 2026 Expects Net Profit Of ¥250B And Revenue Of ¥20.3T

Nissan Motor Co. Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NSANY#OTC">NSANY</a>) reportedly announced Friday that it is scrapping plans to build a $1.1 billion electric vehicle battery plant in Kitakyushu, Japan.
Nissan has canceled plans to build an EV battery plant in Kitakyushu months after signing local agreements. The company cited a review of investments due to weak performance, reported <a href="https://asia.nikkei.com/Business/Automobiles/Nissan-abandons-plan-for-EV-battery-plant-in-southern-Japan" target="_blank" rel="noreferrer noopener">Nikkie Asia</a>.
Initially unveiled in January, the lithium iron phosphate (LFP) facility was expected to create around 500 jobs with a 153.3 billion yen investment.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/global/25/04/44709732/foxconn-eyes-nissan-mitsubishi-in-japan-ev-push-to-counter-chinas-growing-auto-threat" rel="noreferrer noopener">Foxconn Eyes Nissan, Mitsubishi In Japan EV Push To Counter China&#8217;s Growing Auto Threat</a>
Facing sluggish vehicle sales in the U.S. and China, Nissan is scaling back growth plans to stabilize its business. Executive Officer Teiji Hirata said, &#8220;We apologize for this situation arising over such a short period of time. This is the result of a careful review in light of the business environment.&#8221;
Nissan announced that it expects a record net loss of 700–750 billion Japanese Yen ($4.9 billion to $5.3 billion) for fiscal 2025, mainly due to over 500 billion Japanese Yen in asset write-downs and 60 billion Japanese Yen in restructuring costs. In response, it is cutting jobs, closing plants, and reducing output, while CEO Ivan Espinosa pointed to strong cash reserves of 1.5 trillion Yen to support recovery efforts.
In February, Honda Motors (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HMC#NYSE">HMC</a>) signaled it could resume $58 billion <a target="_blank" href="https://www.benzinga.com/markets/equities/25/02/43771894/honda-open-to-reviving-nissan-merger-talks-if-ceo-uchida-steps-down-creating-fourth-largest-glob" rel="noreferrer noopener">merger</a> talks with Nissan if CEO Makoto Uchida steps down, after prior talks collapsed over ownership terms.
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Nissan Scraps $1.1 Billion EV Battery Plant, Eyes Cost Cuts To Survive: Report

<a href="https://www.bloomberg.com/news/articles/2025-05-06/us-house-is-likely-to-kill-ev-tax-credit-speaker-johnson-says?embedded-checkout=true">https://www.bloomberg.com/news/articles/2025-05-06/us-house-is-likely-to-kill-ev-tax-credit-speaker-johnson-says?embedded-checkout=true</a>

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RIVN

'US House Is Likely to Kill EV Tax Credit, Speaker Johnson Says'- Bloomberg

<a href="https://www.reuters.com/business/autos-transportation/automakers-could-still-face-2000-12000-vehicle-price-impacts-tariffs-2025-05-01/">https://www.reuters.com/business/autos-transportation/automakers-could-still-face-2000-12000-vehicle-price-impacts-tariffs-2025-05-01/</a>

'Automakers could still face $2,000 to $12,000 vehicle price impacts from tariffs'- Reuters

Press Releases

Honda Motor Co., Ltd. (HMC:NYSE) announced its consolidated financial results for the fiscal first quarter ended June 30, 2024

Dividends

Honda Motor Co., Ltd. (HMC:NYSE) announced its consolidated financial results for the fiscal first half year ended September 30, 2024

Honda Motor Co., Ltd. (HMC:NYSE) announced its consolidated financial results for the fiscal third quarter ended December 31, 2024

Gorman-Rupp Announces Pamela A. Heminger Elected as New Director

Honda Motor Co., Ltd. (HMC:NYSE) announced its consolidated financial results for the fiscal year ended March 31, 2025

Honda Motor Co., Ltd. Files Annual Report on Form 20-F for Fiscal Year Ended March 31, 2025

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