What is Zacks Research’s Forecast for Tesla Q3 Earnings?

Tesla, Inc. (NASDAQ:TSLA) – Equities researchers at Zacks Research decreased their Q3 2026 earnings per share estimates for shares of Tesla in a research note issued to investors on Tuesday, March 31st. Zacks Research analyst Team now expects that the electric vehicle producer will post earnings of $0.26 per share for the quarter, down from their previous estimate of $0.28. Zacks Research has a “Strong Sell” rating on the stock. The consensus estimate for Tesla’s current full-year earnings is $2.56 per share. Zacks Research also issued estimates for Tesla’s Q4 2026 earnings at $0.25 EPS, FY2026 earnings at $0.97 EPS, Q1 2027 earnings at $0.21 EPS, Q3 2027 earnings at $0.19 EPS, Q4 2027 earnings at $0.32 EPS, FY2027 earnings at $0.94 EPS and Q1 2028 earnings at $0.26 EPS.

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. The firm had revenue of $24.90 billion during the quarter, compared to analyst estimates of $24.75 billion. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The business’s revenue was down 3.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.73 EPS.

Several other equities analysts have also commented on the company. The Goldman Sachs Group reissued a “neutral” rating and set a $405.00 price objective on shares of Tesla in a research report on Thursday, January 29th. Wells Fargo & Company reduced their target price on shares of Tesla from $130.00 to $125.00 and set an “underweight” rating on the stock in a research report on Thursday, January 29th. Truist Financial decreased their price target on shares of Tesla from $439.00 to $438.00 and set a “hold” rating for the company in a research note on Thursday, January 29th. Phillip Securities dropped their price objective on shares of Tesla from $220.00 to $215.00 and set a “sell” rating on the stock in a research note on Monday, February 2nd. Finally, Needham & Company LLC restated a “hold” rating on shares of Tesla in a report on Thursday, January 29th. Nineteen investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and ten have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $403.98.

Tesla Trading Down 5.4%

NASDAQ TSLA opened at $360.59 on Thursday. The firm has a market capitalization of $1.35 trillion, a PE ratio of 333.88, a P/E/G ratio of 11.31 and a beta of 1.91. The stock’s 50 day moving average is $402.83 and its 200 day moving average is $427.85. Tesla has a twelve month low of $214.25 and a twelve month high of $498.83. The company has a quick ratio of 1.77, a current ratio of 2.16 and a debt-to-equity ratio of 0.08.

Institutional Investors Weigh In On Tesla

Institutional investors have recently modified their holdings of the business. Brighton Jones LLC grew its stake in shares of Tesla by 11.8% in the fourth quarter. Brighton Jones LLC now owns 87,929 shares of the electric vehicle producer’s stock worth $35,509,000 after acquiring an additional 9,293 shares during the period. Revolve Wealth Partners LLC lifted its position in Tesla by 21.2% during the fourth quarter. Revolve Wealth Partners LLC now owns 5,317 shares of the electric vehicle producer’s stock valued at $2,147,000 after purchasing an additional 931 shares during the period. Bison Wealth LLC lifted its position in Tesla by 52.2% during the fourth quarter. Bison Wealth LLC now owns 10,368 shares of the electric vehicle producer’s stock valued at $4,187,000 after purchasing an additional 3,558 shares during the period. Sivia Capital Partners LLC boosted its holdings in Tesla by 9.1% in the second quarter. Sivia Capital Partners LLC now owns 12,135 shares of the electric vehicle producer’s stock worth $3,855,000 after purchasing an additional 1,011 shares during the last quarter. Finally, AGP Franklin LLC grew its position in Tesla by 21.2% in the 2nd quarter. AGP Franklin LLC now owns 4,861 shares of the electric vehicle producer’s stock worth $1,544,000 after purchasing an additional 851 shares during the period. 66.20% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Tesla

In other Tesla news, Director Kathleen Wilson-Thompson sold 25,809 shares of the stock in a transaction on Monday, March 30th. The stock was sold at an average price of $359.33, for a total transaction of $9,273,947.97. Following the sale, the director directly owned 33,860 shares in the company, valued at approximately $12,166,913.80. This trade represents a 43.25% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Vaibhav Taneja sold 2,264 shares of Tesla stock in a transaction on Friday, March 6th. The stock was sold at an average price of $397.03, for a total value of $898,875.92. Following the completion of the sale, the chief financial officer directly owned 18,106 shares of the company’s stock, valued at approximately $7,188,625.18. The trade was a 11.11% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 53,804 shares of company stock valued at $20,865,598 in the last three months. 19.90% of the stock is owned by insiders.

Key Stories Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: China sales picked up in March, with China‑made EV shipments up ~8.7% year‑over‑year — a sign demand in Tesla’s largest market is recovering. Tesla’s China-made EV sales rise 8.7% in March — Reuters
• Positive Sentiment: European registrations (France and parts of Nordics) showed sharp month‑to‑month gains, signaling a regional recovery that could help offset weakness elsewhere. Tesla French car registrations triple in March — Reuters
• Positive Sentiment: Tesla reported continued growth in energy storage deployments (company release: 8.8 GWh in Q1), which supports diversification beyond cars. Tesla First Quarter 2026 Production, Deliveries & Deployments — BusinessWire
• Neutral Sentiment: Speculation about SpaceX’s IPO and possible cross‑company collaboration (or even merger chatter) is resurfacing; this is more sentiment/ narrative‑driven than a near‑term catalyst. Valuation to the Moon? SpaceX Gears Up for IPO — MarketBeat
• Neutral Sentiment: Software/AI upside still in play: FSD v14.3 is in employee beta with hints of a broader rollout — a potential future revenue/ROI driver if safety and monetization progress. Is Tesla’s FSD v14.3 Ready for a Wider Rollout? — Zacks
• Negative Sentiment: Q1 vehicle deliveries missed Wall Street estimates — Tesla delivered 358,023 vehicles vs. higher Street expectations — the primary reason shares sold off today. Tesla’s first-quarter deliveries miss estimates — Reuters
• Negative Sentiment: Production outpaced deliveries (≈408k produced vs. 358k delivered), pointing to inventory build and weaker near‑term demand — investors worry about markdowns, margin pressure and an uneven sales recovery. Tesla production vs deliveries — BusinessWire
• Negative Sentiment: Analyst reactions and downgrades (includingcuts and “sell” reiterations) have increased near‑term downside risk as estimates are trimmed. GLJ reiterates Sell on Tesla — AmericanBankingNews
• Negative Sentiment: Competitive pressure is intensifying (BYD and other rivals ramping exports and growth), eroding pricing power and market share in key regions. BYD nearly matches Tesla’s exports — Benzinga

Tesla Company Profile

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.