$12 target on NanoXplore (Beacon) - Tesla !Beacon's DCF valuation, which captures the long-term potential of the graphene operation, that yields ~$12.00 per share.
Could Tesla be a customer of NanoXplore's graphene given it's announcement of "Tesla Silicon" announced at its Battery Day last month?
NanoXplore successfully concluded Stage 1 (lab tests) of its lithium-ion battery program targeting the use of graphene in the anode. GRA’s technology could boost the capacity of current generation batteries by up to 40%. This represents hidden value in NanoXplore’s valuation that we believe is not currently reflected in the street’s outlook.
Link to research report:
https://docdro.id/gpad8nk