Tesla and Apple both receive a buy rating, with Tesla's target price set at $350 and Apple's at $250, with tariffs having a limited impact.

Taiwan • Business • 04/26 02:00
Tesla and Apple both receive a buy rating, with Tesla's target price set at $350 and Apple's at $250, with tariffs having a limited impact.

The U.S. easing of self-driving car regulations has pushed Tesla's stock price up by 18% this week. Analysts have issued a "buy" rating with a target price of $350, and there are plans to expand self-driving taxi services to multiple cities. Apple is facing tariff uncertainties, but analysts are maintaining an "outperform" rating with a target price of $250 due to its adjustments in the supply chain and a stable outlook for product demand.

Key Updates

04/28 02:00

Taiwan's stock market opened 99 points higher, nearing the 20,000-point threshold, driven by gains in U.S. tech stocks and the easing of US-China trade tensions.

On April 28, 2025, the Taipei stock market opened with an increase of 99.34 points to reach 19,972.07 points, with a trading value of NT$43.51 billion. U.S. stocks closed in the green for the fourth consecutive day last Friday, with tech stocks such as Tesla and Nvidia leading the gains. Additionally, U.S. President Trump's softened stance on the trade war with China has improved market sentiment, giving the Taiwan stock market a short-term opportunity to challenge the 20,000-point mark. This article provides an analysis of the recent performance of the Taiwan and U.S. stock markets and the impact of international developments on the market.

04/27 23:59

US stocks rebound strongly: S&P 500 and Nasdaq Index surge; Zweig Indicator triggers buy signal; there is still uncertainty about President Trump's tariff policy.

In the last week of April 2025, the U.S. stock market experienced a strong recovery, with the S&P 500 index increasing by 4.60% and the Nasdaq index jumping by 6.41%, driven by gains in technology stocks. The Zweig Breadth Thrust indicator signaled an improvement in market breadth. However, uncertainty about President Trump's tariff policies persists, which could impact the future market outlook.

04/27 23:01

The easing of US-China trade tensions has boosted global stock markets, with AI stocks driving the Philadelphia Semiconductor Index to a record high.

Tensions in US-China trade relations have eased, leading to a rebound in global stock markets. On April 25, the four major US stock indices rose, with technology stocks leading the gains. The Philadelphia Semiconductor Index hit a new high, and AI stocks, such as Nvidia, performed impressively. European stock markets rose simultaneously, with the pan-European STOXX 600 Index reaching its highest level in three weeks and the UK's FTSE 100 Index achieving its longest winning streak since 2019. The market is optimistic about the improvement in US-China trade relations, and strong demand in the AI industry is also boosting semiconductor stocks.

04/26 14:00

U.S. stocks might be heading for a bull market: Zweig Breadth Thrust indicator is nearing a trigger point, suggesting a potential rise over the next 6 to 12 months.

As of April 24, 2025, the Zweig Breadth Thrust Indicator (ZBTI) of the U.S. stock market has risen to 61.34%, nearing the trigger level. Since 1945, this indicator has only reached this level 18 times, and each time it reached this level, the U.S. stock market experienced significant gains over the next 6 to 12 months. The ZBTI was created by Martin Zweig to gauge rapid shifts in market sentiment, and when it rises from below 40% to over 61.5% within 10 trading days, it indicates the onset of a bull market.

04/26 06:31

The US Stock Market Recovery: Five Signals Show the End of Sell-Off Caused by Tariffs.

After several weeks of volatility caused by uncertainty over tariff policies, the U.S. stock market has recently shown several signs of improving sentiment, indicating that the wave of sell-offs might be over. Major stock indices have been rising consecutively, global stock funds have seen a net inflow of capital, the risk premium on high-yield bonds has narrowed, risk assets have gained traction, and technical indicators suggest improved market momentum. Together, these factors indicate that the market is gradually stabilizing.

04/26 02:00

Tesla and Apple both receive a buy rating, with Tesla's target price set at $350 and Apple's at $250, with tariffs having a limited impact.

The U.S. easing of self-driving car regulations has pushed Tesla's stock price up by 18% this week. Analysts have issued a "buy" rating with a target price of $350, and there are plans to expand self-driving taxi services to multiple cities. Apple is facing tariff uncertainties, but analysts are maintaining an "outperform" rating with a target price of $250 due to its adjustments in the supply chain and a stable outlook for product demand.

04/25 23:01

Tech stocks propel US markets to a four-day winning streak, as Trump eases regulations on self-driving cars, causing Tesla's stock price to soar nearly 10%.

On April 26, 2025, the major U.S. stock indices closed higher for the fourth day in a row, driven by tech stocks. The S&P 500, Nasdaq, and Dow Jones indices all rose this week, with tech giants performing exceptionally well. Tesla's stock price jumped 9.8% in one day due to the Trump administration easing self-driving car regulations. This policy change is intended to boost innovation in self-driving technology and strengthen the United States' standing in global competition.

04/25 21:30

Alphabet's financial report surpassed expectations and a $70 billion stock buyback plan boosted the stock price, with the technology sector leading the charge.

In the last week of April 2025, Alphabet Inc. (NASDAQ: GOOGL) experienced a stock price increase of over 4% due to first-quarter earnings that exceeded expectations and a $70 billion stock buyback plan, which drove the S&P 500 index to close higher for four consecutive days as the technology sector strengthened. The company's growth momentum in AI and cloud businesses has earned it a spot on market observers' "bullpen" list, highlighting its relative advantage in the current market environment.

04/25 18:32

2025 Turmoil in the U.S. Airline Industry: Budget Airlines Revamp Business Models to Tackle Economic Challenges

At the beginning of 2025, the U.S. airline industry, amid economic uncertainty and the escalating U.S.-China trade war, saw major airlines reduce their financial forecasts and cut flights. Low-cost carriers such as Spirit, Frontier, and Southwest were hit particularly hard and are shifting towards providing high value-added services to address the decline in demand. This shift reflects changes in market dynamics and the survival strategies of low-cost carriers.

04/25 18:32

Ed Yardeni, a senior market strategist, predicts a robust recovery for the U.S. market throughout the 2020s.

In April 2025, senior market strategist Ed Yardeni pointed out that despite trade tensions and policy uncertainties, the U.S. market might experience a strong recovery reminiscent of the "Roaring Twenties" of the 1920s. This perspective is based on recent stock market gains, a more moderate policy tone, and the resilience of economic fundamentals. If the policy environment stabilizes, the market is expected to get back on its post-pandemic growth path. The U.S. unemployment rate is low, consumer confidence is stable, and the shift in policy tone has also prompted a market rebound. The Federal Reserve might lower interest rates to counter the economic slowdown, and UBS recommends reallocating assets towards the euro, yen, and gold to manage volatility.

Tesla: Stock Price Soars as Autonomous Vehicle Regulations Ease

The U.S. Department of Transportation recently announced the relaxation of conditions for self-driving cars on the road, allowing some that do not meet traditional safety standards (such as those without rearview mirrors) to operate, and simplifying the accident reporting process. This policy adjustment aims to accelerate the deployment of autonomous vehicle technology and enhance the competitiveness of the U.S. automotive industry in the global innovation race. Tesla, as a leader in autonomous technology, is a major beneficiary of this policy.

Benefiting from this favorable news, Tesla's stock price surged 18% this week, with a single-day increase of 9.8% on Friday, closing at $284.95, marking the best weekly performance since November 2023. Although Tesla's revenue ($19.3 billion) and adjusted earnings per share ($0.27) reported in the first quarter of 2025 fell short of market expectations, the market quickly shifted its focus to its future growth momentum, particularly the advancement of its self-driving taxi service, Robotaxi.

Benchmark Equity Research analysts noted that Tesla's gross profit margin reached 16%, meeting expectations, and reiterated a "buy" rating for Tesla, setting a target price of $350. Analysts believe Tesla is relatively unaffected by tariffs, as about 85% of its vehicles meet USMCA standards.

Additionally, Tesla Chief Executive Officer Elon Musk stated in the latest earnings call that autonomous taxi services will be launched in Austin, Texas, starting in June 2025, with plans to expand to other U.S. cities, including Atlanta, New York, Seattle, and Phoenix, by the end of the year. The initial service will target employees and include safety drivers, with a potential shift to remote driving mode in the future.

Tesla also reiterated its goal to achieve full self-driving capability for millions of vehicles by the end of 2026 and to launch the Cybercab, a new model designed for autonomous taxi services, which will remove traditional steering wheels and pedals, further enhancing the autonomous experience.

Apple: Minimal Tariff Impact, Target Price Maintained at $250

Unlike Tesla, Apple's recent challenges mainly stem from U.S.-China trade tensions and changes in tariff policies. However, analysts generally believe that the impact of tariffs on Apple is less than market expectations.

Evercore ISI analysts pointed out that although the U.S. has imposed tariffs on Chinese goods, core electronic products like smartphones have temporarily been exempted, with Apple's effective tariff rate at about 16%. Additionally, Apple has accelerated the transfer of some iPhone assembly operations to India to reduce reliance on the Chinese supply chain. According to foreign media reports, Apple plans to have all iPhones sold in the U.S. assembled in India by the end of 2026.

In this context, Evercore ISI maintains an "outperform the market" rating for Apple, setting a target price of $250, implying about a 20% upside. Analysts believe that Apple's strong ecosystem, extensive device ecosystem, and continuous product innovation will help offset the pressure from rising supply chain costs.

On the other hand, Bank of America also noted in its latest report that although Apple slightly lowered its 2026 revenue and earnings per share (EPS) expectations due to the delayed launch of the Siri AI digital assistant, it is still expected to benefit in 2025 from tariff delays and AI-driven device upgrade demand. The bank slightly lowered Apple's target price from $250 to $240 but maintained a "buy" rating.

The Bank of America analyst team noted that Apple's revenue forecast for the 2025 fiscal year is $412 billion, with an EPS forecast of $7.25, and expects the services business to continue strong growth. Even in the face of global economic uncertainty, demand for core products like iPhone and Mac is expected to remain relatively stable.

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