Tesla (NASDAQ:TSLA) Price Target Cut to $372.00 by Analysts at China Renaissance

Tesla (NASDAQ:TSLA) had its target price cut by China Renaissance from $382.00 to $372.00 in a research note issued to investors on Monday morning,MarketScreener reports. They currently have a hold rating on the electric vehicle producer’s stock.

TSLA has been the topic of a number of other research reports. The Goldman Sachs Group restated a “neutral” rating on shares of Tesla in a report on Thursday, April 23rd. DZ Bank upgraded shares of Tesla from a “sell” rating to a “hold” rating and set a $385.00 target price on the stock in a report on Friday. Wedbush reaffirmed an “outperform” rating and issued a $600.00 price target on shares of Tesla in a research report on Tuesday, April 21st. BNP Paribas Exane lowered their price target on Tesla from $313.00 to $280.00 and set an “underperform” rating for the company in a research report on Monday, March 2nd. Finally, Benchmark reaffirmed a “buy” rating on shares of Tesla in a research report on Wednesday, February 11th. Nineteen investment analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and six have issued a Sell rating to the company. Based on data from MarketBeat, Tesla has an average rating of “Hold” and an average price target of $398.42.

Tesla Stock Performance

Shares of TSLA stock opened at $378.67 on Monday. Tesla has a 12 month low of $270.78 and a 12 month high of $498.83. The stock has a market cap of $1.42 trillion, a PE ratio of 347.40, a price-to-earnings-growth ratio of 13.29 and a beta of 1.91. The company has a current ratio of 2.04, a quick ratio of 1.62 and a debt-to-equity ratio of 0.09. The company’s fifty day moving average price is $385.16 and its 200-day moving average price is $420.14.

Tesla (NASDAQ:TSLA) last announced its earnings results on Wednesday, April 22nd. The electric vehicle producer reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The firm had revenue of $22.39 billion for the quarter, compared to analysts’ expectations of $22.96 billion. During the same quarter in the previous year, the business posted $0.27 EPS. The company’s quarterly revenue was up 15.8% on a year-over-year basis. On average, equities analysts expect that Tesla will post 1.35 EPS for the current fiscal year.

Insider Activity

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 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Vaibhav Taneja sold 2,264 shares of the business’s stock in a transaction dated 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 transaction, the chief financial officer directly owned 18,106 shares of the company’s stock, valued at approximately $7,188,625.18. This trade represents a 11.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 53,804 shares of company stock valued at $20,865,598. 19.90% of the stock is owned by insiders.

Hedge Funds Weigh In On Tesla

A number of hedge funds have recently bought and sold shares of the business. TCI Wealth Advisors Inc. raised its position in Tesla by 5.1% in the 1st quarter. TCI Wealth Advisors Inc. now owns 6,014 shares of the electric vehicle producer’s stock worth $2,236,000 after buying an additional 290 shares during the last quarter. Apeiron RIA LLC raised its position in Tesla by 6.0% in the 1st quarter. Apeiron RIA LLC now owns 1,757 shares of the electric vehicle producer’s stock worth $653,000 after buying an additional 100 shares during the last quarter. Appalachian Capital Management Ltd raised its position in Tesla by 8.6% in the 1st quarter. Appalachian Capital Management Ltd now owns 1,754 shares of the electric vehicle producer’s stock worth $652,000 after buying an additional 139 shares during the last quarter. HB Wealth Management LLC raised its position in Tesla by 7.4% in the 1st quarter. HB Wealth Management LLC now owns 117,245 shares of the electric vehicle producer’s stock worth $43,586,000 after buying an additional 8,063 shares during the last quarter. Finally, Moran Wealth Management LLC raised its position in Tesla by 32.2% in the 1st quarter. Moran Wealth Management LLC now owns 4,562 shares of the electric vehicle producer’s stock worth $1,696,000 after buying an additional 1,112 shares during the last quarter. Hedge funds and other institutional investors own 66.20% of the company’s stock.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Bullish technical trigger and momentum trade lifted shares intraday — a key trading signal near $366.53 preceded a sharp rally. Tesla Shares Rise 4% After Key Trading Signal
• Positive Sentiment: Investor thesis still anchored on Tesla’s AI/robotics and chip investments as long‑term value drivers — increased R&D/capex is framed as positioning Tesla for “physical AI” leadership. TESLA (TSLA) To Boost Investments in AI, Robotics and Chips
• Positive Sentiment: Product execution milestones (Optimus/robotaxi/Cybercab entering production) remain potential multi‑year catalysts if commercialization timelines hold. Better Later Than Never? Tesla Stock Hangs in the Crosshairs as Cybercab Finally Enters Production
• Neutral Sentiment: Elon Musk’s plan to roll out X Money could create new revenue streams but faces regulatory hurdles and is a longer‑term unknown. Tesla CEO Musk Nears Launch of X Money
• Neutral Sentiment: Wall Street is deeply split on valuation — new analyst targets range from $220 to $428, which increases short‑term volatility. Wall Street Can’t Agree on Tesla: New Analyst Targets Range From $220 to $428
• Negative Sentiment: Investors alarmed by a ~$25B 2026 capex plan (near‑term free cash flow headwind) — that spending outlook is a core reason shares fell despite a Q1 EPS beat. Investors Are Panicking About $25 Billion in Spending at Tesla, but the SpaceX IPO Could Mean It Doesn’t Even Matter
• Negative Sentiment: 304 million shares from Musk’s 2018 compensation are now registered — the block’s availability raises dilution/selling‑pressure concerns. Elon Musk is about to get a lot richer, as Tesla fulfills 2018 compensation plan
• Negative Sentiment: Self‑driving (FSD) setbacks and negative owner reactions are a reputational and regulatory risk that undercut a key high‑margin future revenue narrative. Tesla: What Most Don’t Know About FSD

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.