Tesla (NASDAQ:TSLA) Given “Buy” Rating at Royal Bank Of Canada

Royal Bank Of Canada restated their buy rating on shares of Tesla (NASDAQ:TSLA) in a research note issued to investors on Monday morning,MarketScreener reports.

Other analysts also recently issued research reports about the company. BNP Paribas lifted their target price on Tesla from $307.00 to $313.00 in a research note on Monday, December 1st. Industrial Alliance Securities set a $300.00 price objective on shares of Tesla in a research note on Monday, October 13th. Wedbush reissued an “outperform” rating and set a $600.00 target price on shares of Tesla in a research note on Monday, December 15th. China Renaissance lifted their price target on shares of Tesla from $349.00 to $380.00 and gave the stock a “hold” rating in a research report on Friday, October 24th. Finally, Evercore ISI lifted their target price on Tesla from $235.00 to $300.00 and gave the stock a “neutral” rating in a report on Wednesday, October 29th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, fourteen have given a Hold rating and nine have given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $404.14.

Tesla Stock Performance

Tesla stock opened at $488.73 on Monday. The company has a market capitalization of $1.63 trillion, a price-to-earnings ratio of 325.82, a price-to-earnings-growth ratio of 12.02 and a beta of 1.87. Tesla has a 12-month low of $214.25 and a 12-month high of $498.83. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.07 and a quick ratio of 1.67. The firm’s fifty day moving average price is $441.03 and its 200 day moving average price is $382.58.

Tesla (NASDAQ:TSLA) last released its earnings results on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.02. Tesla had a net margin of 5.51% and a return on equity of 6.61%. The company had revenue of $28.10 billion during the quarter, compared to the consensus estimate of $24.98 billion. During the same quarter in the previous year, the firm earned $0.72 EPS. The company’s revenue was up 11.6% on a year-over-year basis. On average, research analysts forecast that Tesla will post 2.56 EPS for the current fiscal year.

Insider Activity

In other news, CFO Vaibhav Taneja sold 2,637 shares of the company’s stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $443.93, for a total value of $1,170,643.41. Following the transaction, the chief financial officer owned 13,757 shares in the company, valued at $6,107,145.01. This represents a 16.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Kimbal Musk sold 56,820 shares of the stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $450.66, for a total transaction of $25,606,501.20. Following the completion of the sale, the director directly owned 1,391,615 shares of the company’s stock, valued at $627,145,215.90. This trade represents a 3.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 19.90% of the company’s stock.

Hedge Funds Weigh In On Tesla

Several institutional investors and hedge funds have recently modified their holdings of TSLA. Siren L.L.C. bought a new position in Tesla during the 1st quarter valued at about $2,332,000. Zuckerman Investment Group LLC grew its holdings in shares of Tesla by 6.9% in the first quarter. Zuckerman Investment Group LLC now owns 12,748 shares of the electric vehicle producer’s stock worth $3,304,000 after acquiring an additional 826 shares during the period. Norges Bank purchased a new stake in Tesla during the second quarter valued at $11,839,824,000. Police & Firemen s Retirement System of New Jersey lifted its holdings in Tesla by 5.6% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 427,150 shares of the electric vehicle producer’s stock valued at $135,688,000 after acquiring an additional 22,607 shares during the period. Finally, Strs Ohio purchased a new position in Tesla in the first quarter worth about $205,495,000. 66.20% of the stock is currently owned by hedge funds and other institutional investors.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Delaware Supreme Court restored Elon Musk’s 2018 compensation package, ending a long legal overhang and materially improving investor sentiment and governance clarity around the payout. This ruling is cited repeatedly as the main reason TSLA is trading higher today. Stock Market Today, Dec. 22: Tesla Shares Jump After Court Reinstates Elon Musk Pay Deal
• Positive Sentiment: Autonomous-driving credibility lift: Tesla’s fleet reportedly kept operating during the San Francisco blackout while Waymo paused service, reinforcing Tesla’s robotaxi PR and safety narrative. That operational resilience is supporting positive investor flows into TSLA. Waymo pauses robotaxi service in San Francisco after blackout chaos — Musk says Tesla car service unaffected
• Positive Sentiment: Analyst/target support: Deutsche Bank raised a price target (and other brokers have reiterated buy/outperform ratings), providing institutional validation that helps momentum. Deutsche Bank Boosts Tesla Price Target to $500
• Neutral Sentiment: Goldman Sachs reiterated a Neutral rating amid a California regulatory review — indicates limited near‑term fundamental downgrade risk but also less upside from that shop. Goldman Reiterates Neutral on Tesla
• Neutral Sentiment: Patent filing suggests potential Starlink dish integration in vehicle roofs — interesting product/ARPU upside but speculative and longer‑dated. New Patent Signals Tesla Could Integrate Starlink Dish
• Negative Sentiment: Demand concerns: coverage highlights that Tesla is on track for a second straight year of declining EV sales and faces stiff competition from BYD and lower-cost rivals — a fundamental risk if deliveries miss expectations. Should You Buy Tesla Stock Before Jan. 2?
• Negative Sentiment: Investor caution and structural questions: commentary about a potential loss of an “Elon Musk premium” after a SpaceX IPO and calls from some outlets to sell into the rally add volatility risk and could cap further near‑term gains. Will Tesla Stock Lose Its ‘Elon Musk Premium’ After the SpaceX IPO?

About Tesla

Tesla, Inc (NASDAQ: TSLA) is an American company that designs, manufactures and sells electric vehicles, energy generation and energy storage products. Founded in 2003 by Martin Eberhard and Marc Tarpenning, Tesla grew into a vertically integrated mobility and clean‑energy company with Elon Musk serving as its chief executive officer. The company’s stated mission is to accelerate the world’s transition to sustainable energy, reflected in its combined focus on electric drivetrains, battery technology, renewable energy products and software.

Tesla’s automotive business includes a lineup of battery‑electric vehicles and related services.