Tesla (NASDAQ:TSLA – Free Report) had its price objective hoisted by Jefferies Financial Group from $300.00 to $350.00 in a research report report published on Monday morning. They currently have a hold rating on the electric vehicle producer’s stock.
A number of other equities analysts have also recently issued reports on TSLA. DZ Bank restated a “sell” rating on shares of Tesla in a report on Thursday, January 29th. China Renaissance increased their price target on Tesla from $380.00 to $382.00 and gave the company a “hold” rating in a research report on Monday, February 2nd. Weiss Ratings reissued a “hold (c-)” rating on shares of Tesla in a research note on Tuesday, January 27th. Glj Research restated a “sell” rating on shares of Tesla in a report on Monday, March 30th. Finally, TD Cowen reduced their price objective on shares of Tesla from $519.00 to $490.00 and set a “buy” rating for the company in a research note on Wednesday, April 15th. Nineteen equities research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and nine have issued a Sell rating to the company. Based on data from MarketBeat.com, Tesla presently has an average rating of “Hold” and an average price target of $397.26.
Read Our Latest Stock Analysis on TSLA
Tesla Stock Down 2.0%
Tesla (NASDAQ:TSLA – Get Free Report) last posted its quarterly 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 net margin of 4.00% and a return on equity of 4.86%. The firm had revenue of $24.90 billion for the quarter, compared to analyst estimates of $24.75 billion. During the same quarter in the previous year, the business posted $0.73 earnings per share. The firm’s quarterly revenue was down 3.1% compared to the same quarter last year. Equities research analysts forecast that Tesla will post 1.37 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other news, Director Kathleen Wilson-Thompson sold 25,809 shares of Tesla 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 transaction, the director owned 33,860 shares in the company, valued at approximately $12,166,913.80. The trade was a 43.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Vaibhav Taneja sold 2,264 shares of the company’s stock in a transaction on Friday, March 6th. The shares were sold at an average price of $397.03, for a total value of $898,875.92. Following the transaction, the chief financial officer directly owned 18,106 shares in the company, valued at $7,188,625.18. The trade was a 11.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 53,804 shares of company stock worth $20,865,598 in the last quarter. 19.90% of the stock is currently owned by corporate insiders.
Institutional Trading of Tesla
A number of hedge funds have recently made changes to their positions in the stock. Narwhal Capital Management increased its position in shares of Tesla by 32.8% during the third 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 period. Gamco Investors INC. ET AL lifted its position in Tesla by 29.6% in the third quarter. Gamco Investors INC. ET AL now owns 32,576 shares of the electric vehicle producer’s stock worth $14,487,000 after purchasing an additional 7,446 shares during the period. China Universal Asset Management Co. Ltd. boosted its stake in Tesla by 8.8% during the third quarter. China Universal Asset Management Co. Ltd. now owns 48,504 shares of the electric vehicle producer’s stock worth $21,571,000 after buying an additional 3,935 shares in the last quarter. Ashton Thomas Private Wealth LLC boosted its stake in Tesla by 26.0% during the third quarter. Ashton Thomas Private Wealth LLC now owns 18,032 shares of the electric vehicle producer’s stock worth $8,019,000 after buying an additional 3,724 shares in the last quarter. Finally, Nations Financial Group Inc. IA ADV increased its holdings in Tesla by 20.0% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 16,565 shares of the electric vehicle producer’s stock valued at $7,367,000 after buying an additional 2,765 shares during the period. 66.20% of the stock is owned by hedge funds and other institutional investors.
Key Stories Impacting Tesla
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Tesla is expanding its robotaxi rollout (Austin → Dallas/Houston), which supports the company’s long‑term monetization thesis beyond vehicle sales. Article Title
- Positive Sentiment: European regulatory progress: Amsterdam began supervised FSD trials on city streets — a potential catalyst for European expansion of higher‑margin software services. Article Title
- Positive Sentiment: Analysts and coverage note Tesla’s energy‑storage business could offset weakening car margins as credits fade — a diversification story investors view as constructive for revenue resilience. Article Title
- Neutral Sentiment: Street is focused on Q1 guidance and FSD/robotaxi milestones; multiple previews highlight this quarter as a binary event that could swing sentiment. Article Title
- Neutral Sentiment: Jefferies nudged its price target higher to $350 but kept a Hold rating — a mixed signal that underlines still‑elevated valuation scrutiny. Article Title
- Negative Sentiment: Legal headwinds: Tesla settled a wrongful‑death suit in Florida tied to a 2018 crash — settlements and reputational risk increase near‑term uncertainty. Article Title
- Negative Sentiment: Mounting consumer lawsuits and criticism over FSD hardware/claims (owners suing, safety advocates calling some HW “legally blind”) are creating regulatory and litigation risk that could pressure margins and adoption timelines. Article Title
- Negative Sentiment: Report that Tesla shifted roughly $18B of profit offshore raised governance/tax scrutiny, prompting investor anxiety about transparency and future regulatory scrutiny. Article Title
- Negative Sentiment: Morgan Stanley and other sell‑side commentary says Tesla must show “tangible progress” scaling FSD to justify valuation; that skepticism contributed to intraday selling ahead of earnings. Article Title
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.
Further Reading
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