Robert W. Baird Lowers Tesla (NASDAQ:TSLA) Price Target to $538.00

Tesla (NASDAQ:TSLA) had its price target cut by stock analysts at Robert W. Baird from $548.00 to $538.00 in a report issued on Thursday,MarketScreener reports. The brokerage currently has an “outperform” rating on the electric vehicle producer’s stock. Robert W. Baird’s target price would suggest a potential upside of 49.20% from the company’s previous close.

A number of other brokerages have also commented on TSLA. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Tesla in a research report on Thursday, March 26th. Wedbush reiterated an “outperform” rating and issued a $600.00 price target on shares of Tesla in a report on Friday, March 27th. President Capital reduced their price objective on Tesla from $517.00 to $500.00 and set a “buy” rating for the company in a research note on Friday, January 30th. Truist Financial lowered their target price on Tesla from $438.00 to $400.00 and set a “hold” rating on the stock in a research report on Thursday. Finally, William Blair reiterated a “market perform” rating on shares of Tesla in a report on Friday, January 2nd. Nineteen equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and ten have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Tesla has a consensus rating of “Hold” and an average price target of $402.61.

Tesla Price Performance

Shares of NASDAQ TSLA opened at $360.59 on Thursday. 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 firm has a market cap of $1.35 trillion, a PE ratio of 333.88, a P/E/G ratio of 10.69 and a beta of 1.91. The company’s fifty day simple moving average is $401.06 and its 200 day simple moving average is $427.51. Tesla has a 12-month low of $214.25 and a 12-month high of $498.83.

Tesla (NASDAQ:TSLA) last posted its quarterly earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, beating 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 during the quarter, compared to the consensus estimate of $24.75 billion. During the same period in the previous year, the firm posted $0.73 earnings per share. The business’s revenue was down 3.1% compared to the same quarter last year. As a group, sell-side analysts forecast that Tesla will post 2.56 earnings per share for the current fiscal year.

Insider Activity at Tesla

In other Tesla news, Director Kathleen Wilson-Thompson sold 25,809 shares of the business’s stock in a transaction on 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 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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 completion of the transaction, the chief financial officer owned 18,106 shares of the company’s stock, valued at $7,188,625.18. This trade represents a 11.11% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 53,804 shares of company stock valued at $20,865,598. 19.90% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Tesla

Several institutional investors have recently added to or reduced their stakes in TSLA. Networth Advisors LLC purchased a new position in Tesla in the fourth quarter valued at about $26,000. Chapman Financial Group LLC purchased a new stake in shares of Tesla during the 2nd quarter worth approximately $26,000. Davidson Capital Management Inc. raised its holdings in shares of Tesla by 79.4% in the 4th quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer’s stock worth $27,000 after purchasing an additional 27 shares during the period. Manning & Napier Advisors LLC purchased a new position in Tesla in the third quarter valued at approximately $29,000. Finally, CoreFirst Bank & Trust bought a new position in Tesla during the second quarter valued at $30,000. Institutional investors own 66.20% of the company’s stock.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: China demand pickup — China‑made EV shipments rose ~8.7% in March, signaling improving momentum in Tesla’s largest market. Read More.
• Positive Sentiment: Japan expansion — Tesla plans to double down in Japan (targeting ~60 stores) to chase top imported‑car position, a growth avenue outside core markets. Read More.
• Neutral Sentiment: SpaceX IPO narrative — A potential SpaceX IPO is resurfacing merger/partnership chatter that could influence investor sentiment, but it’s a longer‑dated, narrative‑driven factor rather than an immediate catalyst for Tesla’s fundamentals. Read More.
• Neutral Sentiment: Software/AI progress — FSD v14.3 is in employee beta and Tesla continues to pitch AI/robotics (Optimus/Cybercab) as future growth levers; meaningful monetization remains uncertain and farther out. Read More.
• Negative Sentiment: Delivery miss & inventory build — Q1 deliveries (358,023) missed consensus; production outpaced deliveries by ~50k units, prompting concerns about softer demand, potential markdowns and near‑term margin pressure. This is the primary reason the shares moved lower. Read More.
• Negative Sentiment: Energy storage slowdown — Energy storage deployments (reported 8.8 GWh) fell short of expectations and declined sequentially, testing Tesla’s diversification narrative and cash‑generation hopes. Read More.
• Negative Sentiment: Analyst cuts & sentiment hit — Multiple firms (Goldman, Truist, Baird and others) trimmed price targets and tone after the delivery report, increasing near‑term downside risk as estimates are reworked. Read More.
• Negative Sentiment: Capex & execution concerns — Barclays flagged rising capex needs as Tesla pivots toward AI, robotics and autonomy, which could mean higher capital intensity and pressure on free cash flow. Read More.
• Negative Sentiment: Leases & earnings risk — A returning wave of lease returns and used‑vehicle supply could weigh on used prices and upcoming earnings, per industry commentary. Read More.
• Negative Sentiment: Insider selling & workforce shrink — A Tesla director disclosed a ~$9.27M share sale and reports show the Texas factory workforce shrank ~22% in 2025, both raising questions about demand/execution near term. Read More.

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.