Zacks Research Comments on Tesla’s Q2 Earnings (NASDAQ:TSLA)

Tesla, Inc. (NASDAQ:TSLA) – Research analysts at Zacks Research dropped their Q2 2026 earnings estimates for shares of Tesla in a report issued on Tuesday, March 31st. Zacks Research analyst Team now anticipates that the electric vehicle producer will post earnings per share of $0.27 for the quarter, down from their prior forecast of $0.28. Zacks Research currently 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 FY2028 earnings at $0.52 EPS.

Tesla (NASDAQ:TSLA) last released its quarterly earnings data on Wednesday, January 28th. The electric vehicle producer reported $0.50 EPS for the quarter, beating analysts’ consensus estimates of $0.45 by $0.05. The firm had revenue of $24.90 billion for the quarter, compared to analysts’ expectations of $24.75 billion. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The firm’s quarterly revenue was down 3.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.73 earnings per share.

A number of other equities analysts have also recently weighed in on the company. Stifel Nicolaus set a $508.00 price target on Tesla in a report on Thursday, January 29th. Needham & Company LLC reaffirmed a “hold” rating on shares of Tesla in a research report on Thursday, January 29th. Benchmark reaffirmed a “buy” rating on shares of Tesla in a research note on Wednesday, February 11th. Cantor Fitzgerald reiterated an “overweight” rating and set a $510.00 price target on shares of Tesla in a research report on Thursday, January 29th. Finally, President Capital reduced their price target on shares of Tesla from $517.00 to $500.00 and set a “buy” rating on the stock in a research note on Friday, January 30th. Nineteen equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and ten have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Tesla currently has a consensus rating of “Hold” and a consensus target price of $403.98.

Tesla Price Performance

NASDAQ:TSLA opened at $381.26 on Wednesday. Tesla has a 52 week low of $214.25 and a 52 week 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. The company has a market capitalization of $1.43 trillion, a P/E ratio of 353.02, a P/E/G ratio of 11.00 and a beta of 1.91. The stock’s fifty day moving average is $404.61 and its two-hundred day moving average is $428.32.

Hedge Funds Weigh In On Tesla

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Norges Bank purchased a new stake in Tesla during the 4th quarter worth about $17,128,100,000. Corient Private Wealth LLC boosted its stake in shares of Tesla by 3,205.5% in the 4th quarter. Corient Private Wealth LLC now owns 21,459,599 shares of the electric vehicle producer’s stock valued at $9,650,811,000 after buying an additional 20,810,386 shares during the period. Bank of America Corp DE boosted its stake in shares of Tesla by 56.0% in the 4th quarter. Bank of America Corp DE now owns 20,755,605 shares of the electric vehicle producer’s stock valued at $9,334,211,000 after buying an additional 7,450,766 shares during the period. Cardano Risk Management B.V. grew its position in shares of Tesla by 882.8% during the fourth quarter. Cardano Risk Management B.V. now owns 8,202,060 shares of the electric vehicle producer’s stock worth $3,688,630,000 after buying an additional 7,367,507 shares in the last quarter. Finally, Vanguard Group Inc. increased its stake in shares of Tesla by 2.6% during the fourth quarter. Vanguard Group Inc. now owns 258,925,024 shares of the electric vehicle producer’s stock worth $116,443,762,000 after buying an additional 6,538,720 shares during the period. Hedge funds and other institutional investors own 66.20% of the company’s stock.

Insider Buying and Selling at Tesla

In other Tesla news, Director Kathleen Wilson-Thompson sold 25,731 shares of Tesla stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $415.56, for a total value of $10,692,774.36. Following the completion of the transaction, the director directly owned 19,669 shares of the company’s stock, valued at $8,173,649.64. The trade was a 56.68% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Vaibhav Taneja sold 2,264 shares of the stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $397.03, for a total transaction of $898,875.92. Following the sale, the chief financial officer directly owned 18,106 shares in the company, valued at $7,188,625.18. This represents a 11.11% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 87,995 shares of company stock valued at $38,315,650 in the last three months. 19.90% of the stock is owned by corporate insiders.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Elon Musk said a broader release of FSD 14.3 is expected by the week’s end — a near‑term product catalyst that supports Tesla’s autonomy narrative and upside to future software revenue. Musk: FSD 14.3 broader release
• Positive Sentiment: European sales data show a sharp rebound — French registrations more than tripled in March and Nordic markets also surged, signaling improving continental demand after last year’s market share loss. This underpins delivery optimism and regional recovery expectations. France registrations triple
• Positive Sentiment: CEO Musk flagged a “big” investment in Japan to expand service and Supercharger capacity — a tangible infrastructure spending plan that can improve ownership economics and sales prospects in a key market. Musk: Japan investment
• Neutral Sentiment: Market focus on Q1 deliveries — consensus expects ~365–366k units but several outlets flag a likely sequential dip; the delivery print (due early Thursday) is the imminent event risk that will drive volatility either way. Q1 deliveries likely dip
• Neutral Sentiment: Analysts are re‑rating and adjusting models: Canaccord nudged delivery estimates but cut its price target, reflecting mixed analyst views that keep upside/downside balanced ahead of the print. Canaccord cuts PT
• Negative Sentiment: Zacks Research downgraded TSLA to “Strong Sell” and trimmed EPS forecasts — a formal sell rating and lowered estimates that can pressure sentiment and trigger further analyst negativity. Zacks downgrades to Strong Sell
• Negative Sentiment: Competition is heating: Nio reported a 136% YoY surge in March deliveries, highlighting regional share challenges that could cap Tesla’s growth expectations in China and Europe. Nio delivery surge
• Negative Sentiment: Elon Musk announced the end of Model S and X production — removes higher‑margin lines and underscores Tesla’s shift toward new product priorities (robotaxis/Optimus), which some investors view as near‑term margin risk. Model S/X production ends
• Negative Sentiment: Several outlets flag margin and growth risks — lingering worries about profitability, high valuation and potential delivery softness keep downside risk if the upcoming delivery report disappoints. Margin & valuation concerns

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.