TD Cowen Reiterates Buy Rating for Tesla (NASDAQ:TSLA)

Tesla (NASDAQ:TSLA)‘s stock had its “buy” rating reiterated by investment analysts at TD Cowen in a research report issued on Thursday,Benzinga reports. They currently have a $490.00 price objective on the electric vehicle producer’s stock. TD Cowen’s price objective points to a potential upside of 30.22% from the stock’s current price.

A number of other research firms also recently weighed in on TSLA. Deutsche Bank Aktiengesellschaft dropped their target price on Tesla from $480.00 to $465.00 and set a “buy” rating for the company in a research report on Thursday, April 9th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Tesla in a report on Tuesday, January 27th. Roth Mkm reiterated a “buy” rating on shares of Tesla in a report on Thursday. New Street Research upped their price objective on Tesla from $520.00 to $600.00 and gave the company a “buy” rating in a report on Tuesday, January 6th. Finally, Jefferies Financial Group reissued a “neutral” rating on shares of Tesla in a research note on Wednesday. Eighteen investment analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and eight have issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $398.45.

Tesla Trading Up 0.7%

TSLA stock opened at $376.30 on Thursday. The company has a market cap of $1.41 trillion, a P/E ratio of 345.23, a PEG ratio of 11.87 and a beta of 1.91. Tesla has a twelve month low of $259.63 and a twelve month high of $498.83. The company has a quick ratio of 1.77, a current ratio of 2.04 and a debt-to-equity ratio of 0.09. The business has a fifty day moving average of $385.94 and a 200-day moving average of $420.76.

Tesla (NASDAQ:TSLA) last released its earnings results on Wednesday, April 22nd. The electric vehicle producer reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. The company had revenue of $22.39 billion during the quarter, compared to the consensus estimate of $22.96 billion. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The firm’s quarterly revenue was up 15.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.27 earnings per share. As a group, equities research analysts expect that Tesla will post 1.36 EPS for the current year.

Insider Transactions at Tesla

In other Tesla news, Director Kathleen Wilson-Thompson sold 25,809 shares of the business’s stock in a transaction dated Monday, March 30th. The stock was sold at an average price of $359.33, for a total value of $9,273,947.97. Following the completion of the transaction, the director directly owned 33,860 shares of the company’s stock, valued at approximately $12,166,913.80. The trade was a 43.25% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Vaibhav Taneja sold 2,264 shares of the business’s stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $397.03, for a total value of $898,875.92. Following the completion of the transaction, 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 53,804 shares of company stock valued at $20,865,598. Insiders own 19.90% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Networth Advisors LLC acquired a new position in shares of Tesla during the fourth quarter worth about $26,000. Davidson Capital Management Inc. boosted its position in shares of Tesla by 79.4% during the fourth quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer’s stock worth $27,000 after buying an additional 27 shares during the period. Turning Point Benefit Group Inc. acquired a new position in shares of Tesla during the third quarter worth about $30,000. Manning & Napier Advisors LLC acquired a new position in shares of Tesla during the third quarter worth about $29,000. Finally, Prism Advisors Inc. acquired a new position in shares of Tesla during the fourth quarter worth about $30,000. 66.20% of the stock is owned by institutional investors and hedge funds.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Q1 beat and positive free cash flow give near-term support: Tesla topped EPS estimates and reported positive free cash flow, which reassures income-focused investors even as the company pivots toward AI and services. Tesla Q1 Earnings Beat on Vehicle Demand Rebound
• Positive Sentiment: Cybercab production begins — tangible progress on robotaxi strategy: Videos and company posts show the Cybercab rolling off the Austin line, a concrete operational milestone that supports the long-term autonomy narrative. Watch the Cybercab robotaxi roll off Tesla’s production line
• Positive Sentiment: Some analyst support: DZ Bank lifted its rating (Sell → Hold) and other firms reiterated favorable views, giving the rally more analyst-backed legitimacy. DZ Bank Upgrades Tesla From Sell to Hold
• Neutral Sentiment: $2B investment in SpaceX deepens Musk-era linkages — strategic optionality but raises governance/related-party questions; impact on Tesla depends on future returns from collaborations. Elon Musk’s Tesla Invested $2 Billion Into SpaceX
• Neutral Sentiment: Quiet $2B AI-hardware acquisition disclosed — strengthens Tesla’s AI stack but raises transparency questions; investors will watch integration and capex offsets. Tesla quietly discloses $2 billion AI hardware company acquisition
• Negative Sentiment: Massive $25B CapEx hike spooks investors — Musk’s push into AI, chips, Optimus and robotaxis means cash flow is likely to go negative for the rest of 2026, heightening execution and dilution risk. Tesla’s $25 billion spending plan tests investor faith
• Negative Sentiment: Musk’s FSD admissions and upgrade requirements create reputational and cost risks — public comments that past FSD claims were overstated and that many cars need hardware retrofits could trigger customer pushback, regulatory scrutiny and unexpected warranty/capex. Elon Musk admits millions of Tesla owners need upgrades for true ‘Full Self-Driving’
• Negative Sentiment: Allegations and admissions around FSD claims raise legal/regulatory pressure — headlines that management “admitted” past FSD claims were misleading increase litigation and oversight risk, a potential overhang on sentiment. Musk Admits Tesla Full Self-Driving Claims Were Lies
• Negative Sentiment: Robotaxi timeline pulled back / rollout uncertainty: Management removed concrete near-term city timelines, increasing execution risk and pushing some valuation farther into the future. Tesla’s robotaxi timeline just got a little fuzzier

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.