Tesla (NASDAQ:TSLA) Price Target Lowered to $438.00 at Truist Financial

Tesla (NASDAQ:TSLA) had its target price cut by Truist Financial from $439.00 to $438.00 in a research report sent to investors on Thursday morning, MarketBeat reports. They currently have a hold rating on the electric vehicle producer’s stock.

A number of other research firms have also commented on TSLA. JPMorgan Chase & Co. reaffirmed a “sell” rating on shares of Tesla in a research note on Monday, January 5th. Wedbush restated an “outperform” rating and issued a $600.00 price target on shares of Tesla in a research report on Monday, December 15th. Benchmark reiterated a “buy” rating on shares of Tesla in a research report on Thursday, October 23rd. Piper Sandler restated an “overweight” rating and issued a $500.00 target price on shares of Tesla in a report on Thursday, January 8th. Finally, Dbs Bank upgraded Tesla to a “hold” rating in a report on Wednesday, November 5th. Seventeen research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and eight have given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $410.86.

Tesla Price Performance

Shares of NASDAQ:TSLA opened at $416.56 on Thursday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.67 and a current ratio of 2.07. Tesla has a 52 week low of $214.25 and a 52 week high of $498.83. The firm has a market cap of $1.39 trillion, a PE ratio of 385.70, a price-to-earnings-growth ratio of 7.36 and a beta of 1.83. The firm’s fifty day moving average is $446.91 and its 200-day moving average is $406.71.

Tesla (NASDAQ:TSLA) last announced its earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.05. Tesla had a return on equity of 4.93% and a net margin of 4.00%.The business had revenue of $24.90 billion during the quarter, compared to analyst estimates of $24.75 billion. During the same period last year, the company earned $0.73 EPS. Tesla’s revenue for the quarter was down 3.1% compared to the same quarter last year. Sell-side analysts predict that Tesla will post 2.56 earnings per share for the current year.

Insider Activity

In other news, Director James R. Murdoch sold 60,000 shares of the business’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $445.40, for a total transaction of $26,724,000.00. Following the completion of the sale, the director owned 577,031 shares in the company, valued at $257,009,607.40. The trade was a 9.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Vaibhav Taneja sold 2,637 shares of the stock in a transaction on 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 completion of the transaction, the chief financial officer owned 13,757 shares in the company, valued at approximately $6,107,145.01. This represents a 16.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 119,457 shares of company stock worth $53,501,145 over the last quarter. 19.90% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Tesla

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Narwhal Capital Management increased its position in shares of Tesla by 32.8% during the 3rd quarter. Narwhal Capital Management now owns 9,516 shares of the electric vehicle producer’s stock valued at $4,232,000 after purchasing an additional 2,350 shares during the last quarter. Norges Bank bought a new position in Tesla during the second quarter valued at $11,839,824,000. Police & Firemen s Retirement System of New Jersey raised its stake in shares of 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. AustralianSuper Pty Ltd lifted its holdings in shares of Tesla by 1,823.0% in the 2nd quarter. AustralianSuper Pty Ltd now owns 68,325 shares of the electric vehicle producer’s stock worth $21,704,000 after acquiring an additional 64,772 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV boosted its stake in shares of Tesla by 20.0% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 16,565 shares of the electric vehicle producer’s stock worth $7,367,000 after purchasing an additional 2,765 shares during the period. Institutional investors and hedge funds own 66.20% of the company’s stock.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla beat Q4 revenue and EPS expectations and showed growth in energy-storage revenue, which supports near-term cash flow and offsets auto weakness. Reuters: Tesla revenue beats estimates
• Positive Sentiment: Tesla disclosed a ~$2B investment in Elon Musk’s xAI and reiterated plans to expand robotaxi/Optimus initiatives — a narrative that could re-rate Tesla if the “physical AI” story delivers substantial recurring software or robot revenue. CNBC: Tesla to invest $2B in xAI
• Positive Sentiment: Late-session headlines that SpaceX is exploring a merger or tie‑up with Tesla buoyed sentiment and drove short-term buying interest tied to consolidation/speculation. Reuters: SpaceX said to consider merger with Tesla
• Neutral Sentiment: Analyst reactions are mixed — some firms raised targets (TD Cowen, Cantor Fitzgerald), others trimmed them or kept conservative ratings — adding dispersion to near-term price targets and investor guidance expectations. MarketScreener: TD Cowen raises target
• Neutral Sentiment: Tesla disclosed 1.1M active FSD subscriptions and emphasized robotaxi rollout — useful long-term optionality but uncertain timing and monetization scale. Benzinga: FSD subscriptions revealed
• Negative Sentiment: Tesla reported its first full-year revenue decline and falling vehicle deliveries, and profitability was pressured — fundamentals that justify caution for investors focused on the traditional auto business. FT: Tesla suffers first annual drop in revenue
• Negative Sentiment: Management guided capex to more than $20B for 2026 to fund robots, chips and factories — a major increase that raises cash‑burn and execution risk until those investments prove revenue-generating. Reuters: Tesla plans $20B capex
• Negative Sentiment: Ending Model S and Model X production and converting lines for Optimus is disruptive operationally and removes legacy revenue lines while new businesses scale — a near-term headwind with uncertain payback timing. CNBC: Tesla ending Model S and X production

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.