Toni Sacconaghi Jr.

Tesla Inc (NASDAQ: TSLA)’s “services and other” gross margins have dropped from positive 5 percent in late 2016 to negative 45 percent early this year. One analyst said the numbers and narrative don’t add up. The Rating Bernstein analyst Toni Sacconaghi Jr. maintained a...

Apple Inc. (NASDAQ: AAPL) won Street experts over with the debut of dozens of small service tweaks Monday at the 2018 Worldwide Developers Conference. “Today's software announcements only strengthen Apple's ecosystem, allowing for unique user experiences (such as AR functionality),...

Tesla Inc (NASDAQ: TSLA) projects positive net income and free cash flow in the third quarter. While most on the Street regard the goal with disbelief, Bernstein is more open-minded. The Rating Bernstein analyst Toni Sacconaghi Jr. maintained a Market Perform rating on Tesla with a $265 price...

When betting big on a stock, it's always reassuring when the company itself is buying up shares hand over fist. That’s exactly the situation for shareholders of Apple, Inc. (NASDAQ: AAPL) and Hewlett Packard Enterprise Co (NYSE: HPE), and Bernstein analyst Toni Sacconaghi Jr. said Tuesday...

Tesla Inc (NASDAQ: TSLA)’s CEO can drive the stock with his enthusiasm and crush it with his ennui. After catalyzing an 8-percent slide with dismissive remarks about Tesla’s earnings and strategy, Elon Musk defended his posture Friday. In a series of tweets, Musk initiated a “...

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk censured analysts on the company’s Wednesday afternoon earnings call for asking “bonehead” questions. One analyst was told to “ask questions that are not boring,” and a Model Y query was abruptly dismissed with “let...

Tesla Inc (NASDAQ: TSLA) shares fell as much as 7.3 percent on the company’s mixed first-quarter earnings report, but whatever shook investors didn’t faze the analysts. What Went Well Morgan Stanley analysts Adam Jonas and Armintas Sinkevicius confirmed the first quarter was “no...

Apple Inc. (NASDAQ: AAPL) is scheduled to report its fiscal second-quarter earnings May 1, and one of the Street's most notable analysts lowered his expectations ahead of the print. The Analyst Bernstein's Toni Sacconaghi Jr. maintains a Market-Perform rating on Apple's stock with an...

IBM Common Stock (NYSE: IBM) traded lower by 7.5 percent on Wednesday and is on pace for its worst day of trading since 2013. Investors were disappointed with IBM’s sluggish growth numbers and could be throwing in the towel on the tech stock.  Several analysts have weighed in on the...

Critiques of the Model 3 and Tesla Inc (NASDAQ: TSLA)’s consistent production target misses have been at the front of auto investors' minds.  The Rating Bernstein analysts Toni Sacconaghi Jr. and Max Warburton maintained a Market-Perform rating on Tesla with a $265 price target....

Tesla Inc (NASDAQ: TSLA) has struggled with meeting Model 3 demand, and while analysts expect the broader industry to suffer similar roadblocks in electric vehicle development, Tesla’s impediments are both unique and self-inflicted, according to Bernstein. The Rating Bernstein analyst Toni...