Tesla (NASDAQ:TSLA) Given New $445.00 Price Target at JPMorgan Chase & Co.

Tesla (NASDAQ:TSLA) had its target price lowered by JPMorgan Chase & Co. from $475.00 to $445.00 in a report released on Thursday, Marketbeat.com reports. The firm currently has a neutral rating on the electric vehicle producer’s stock.

Other research analysts have also issued research reports about the company. TD Cowen restated a “buy” rating and set a $460.00 price objective (down from $490.00) on shares of Tesla in a research report on Thursday. William Blair reaffirmed a “market perform” rating on shares of Tesla in a research report on Thursday, July 2nd. BTIG Research cut Tesla to a “neutral” rating in a research note on Friday, June 5th. Roth Capital restated a “buy” rating on shares of Tesla in a research report on Monday, July 13th. Finally, Mizuho set a $450.00 price objective on shares of Tesla and gave the stock an “outperform” rating in a report on Thursday. Twenty-one equities research analysts have rated the stock with a Buy rating, twenty-one have given a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, Tesla currently has an average rating of “Hold” and a consensus target price of $406.42.

Tesla Stock Performance

Shares of NASDAQ TSLA opened at $319.69 on Thursday. The company has a quick ratio of 1.62, a current ratio of 2.04 and a debt-to-equity ratio of 0.09. The firm’s 50-day moving average price is $402.92 and its two-hundred day moving average price is $403.16. Tesla has a 52-week low of $297.82 and a 52-week high of $498.83. The stock has a market capitalization of $1.20 trillion, a P/E ratio of 296.01, a P/E/G ratio of 12.55 and a beta of 1.80.

Tesla (NASDAQ:TSLA) last posted its earnings results on Wednesday, July 22nd. The electric vehicle producer reported $0.33 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.17). The company had revenue of $28.24 billion for the quarter, compared to the consensus estimate of $26.42 billion. Tesla had a net margin of 3.67% and a return on equity of 3.88%. The firm’s revenue for the quarter was up 25.5% compared to the same quarter last year. During the same period last year, the company posted $0.33 earnings per share. As a group, sell-side analysts forecast that Tesla will post 1.34 earnings per share for the current year.

Insider Activity at Tesla

In other Tesla news, Director Kathleen Wilson-Thompson sold 26,409 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $378.11, for a total value of $9,985,506.99. Following the completion of the sale, the director directly owned 48,399 shares in the company, valued at $18,300,145.89. This represents a 35.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 3,000 shares of the stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $450.00, for a total value of $1,350,000.00. Following the transaction, the chief financial officer directly owned 18,106 shares of the company’s stock, valued at approximately $8,147,700. The trade was a 14.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 32,015 shares of company stock valued at $12,383,640 over the last quarter. Insiders own 19.90% of the company’s stock.

Institutional Trading of Tesla

Several institutional investors have recently modified their holdings of TSLA. Vanguard Group Inc. raised its position in Tesla by 2.6% in 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 acquiring an additional 6,538,720 shares in the last quarter. State Street Corp boosted its position in shares of Tesla by 0.9% during the 4th quarter. State Street Corp now owns 114,842,934 shares of the electric vehicle producer’s stock valued at $51,647,164,000 after purchasing an additional 1,080,085 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Tesla by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 65,700,975 shares of the electric vehicle producer’s stock valued at $29,426,070,000 after purchasing an additional 375,946 shares in the last quarter. Norges Bank acquired a new position in shares of Tesla in the 4th quarter worth approximately $17,128,100,000. Finally, Amundi raised its holdings in shares of Tesla by 14.0% in the 1st quarter. Amundi now owns 22,174,884 shares of the electric vehicle producer’s stock worth $8,243,513,000 after purchasing an additional 2,727,141 shares in the last quarter. Institutional investors and hedge funds own 66.20% of the company’s stock.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla reported record quarterly revenue of $28.24 billion, up 25.5% year over year, and delivered a record number of vehicles, showing the core business is still growing. Tesla Q2 Earnings Report
• Positive Sentiment: Management highlighted progress in autonomous driving, Robotaxi expansion, Optimus production, and FSD adoption, which keeps the long-term AI and robotics story alive for bullish investors. Reuters Robotaxi Update
• Neutral Sentiment: Some analysts still see upside from the company’s autonomy strategy and reaffirmed Buy/Hold ratings, but several also cut price targets after the earnings call, signaling a more cautious stance. Analyst Price Target Cuts
• Negative Sentiment: Tesla missed EPS estimates, posted negative free cash flow for the first time in more than two years, and confirmed about $25 billion in full-year capex, raising concerns that heavy AI/robotics spending is squeezing near-term profits and liquidity. Reuters Cash Burn and Capex
• Negative Sentiment: Investor reaction also turned more negative because Elon Musk emphasized spending “as fast as we can” on AI and gave few near-term details on Robotaxi timing, which made the growth story look more like a long-dated promise than an immediate profit driver. MarketWatch Investor Reaction

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.