Tesla (NASDAQ:TSLA) Price Target Lowered to $450.00 at Piper Sandler

Tesla (NASDAQ:TSLA) had its target price lowered by Piper Sandler from $500.00 to $450.00 in a research report report published on Friday morning, Marketbeat reports. The brokerage currently has an overweight rating on the electric vehicle producer’s stock.

A number of other equities analysts have also commented on TSLA. Citizens Jmp initiated coverage on Tesla in a research note on Thursday, July 9th. They set a “market perform” rating for the company. President Capital raised their price target on Tesla from $424.00 to $428.00 and gave the stock a “buy” rating in a research report on Monday, April 27th. Zacks Research raised shares of Tesla from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 28th. Truist Financial set a $370.00 price target on shares of Tesla and gave the stock a “hold” rating in a report on Thursday. Finally, Jefferies Financial Group set a $400.00 price target on Tesla and gave the company a “hold” rating in a report on Monday, July 13th. Twenty-one analysts have rated the stock with a Buy rating, twenty-one have assigned a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $404.95.

Tesla Trading Down 2.1%

NASDAQ:TSLA opened at $313.03 on Friday. The company’s 50-day simple moving average is $400.74 and its 200 day simple moving average is $402.53. Tesla has a one year low of $297.82 and a one year high of $498.83. The firm has a market capitalization of $1.18 trillion, a P/E ratio of 289.85, a PEG ratio of 10.73 and a beta of 1.80. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.94 and a quick ratio of 1.62.

Tesla (NASDAQ:TSLA) last issued its quarterly earnings results on Wednesday, July 22nd. The electric vehicle producer reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.17). Tesla had a return on equity of 3.82% and a net margin of 3.67%.The company had revenue of $28.24 billion during the quarter, compared to the consensus estimate of $26.42 billion. During the same period in the prior year, the firm earned $0.33 earnings per share. The business’s revenue for the quarter was up 25.5% compared to the same quarter last year. As a group, analysts forecast that Tesla will post 1.34 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Kathleen Wilson-Thompson sold 26,409 shares of the stock in a transaction 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 transaction, the director owned 48,399 shares of the company’s stock, valued at $18,300,145.89. This represents a 35.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 2,606 shares of the stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $402.20, for a total value of $1,048,133.20. Following the completion of the transaction, the chief financial officer owned 22,039 shares in the company, valued at approximately $8,864,085.80. The trade was a 10.57% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 32,015 shares of company stock worth $12,383,640 over the last 90 days. Insiders own 19.90% of the company’s stock.

Institutional Trading of Tesla

Hedge funds have recently modified their holdings of the company. Brighton Jones LLC raised its stake in Tesla by 11.8% in the fourth quarter. Brighton Jones LLC now owns 87,929 shares of the electric vehicle producer’s stock valued at $35,509,000 after buying an additional 9,293 shares during the last quarter. Revolve Wealth Partners LLC increased its stake in shares of Tesla by 21.2% in the fourth quarter. Revolve Wealth Partners LLC now owns 5,317 shares of the electric vehicle producer’s stock worth $2,147,000 after acquiring an additional 931 shares during the period. Bison Wealth LLC raised its holdings in shares of Tesla by 52.2% during the fourth quarter. Bison Wealth LLC now owns 10,368 shares of the electric vehicle producer’s stock worth $4,187,000 after purchasing an additional 3,558 shares during the last quarter. Sivia Capital Partners LLC lifted its position in Tesla by 9.1% during the second quarter. Sivia Capital Partners LLC now owns 12,135 shares of the electric vehicle producer’s stock valued at $3,855,000 after purchasing an additional 1,011 shares during the period. Finally, AGP Franklin LLC lifted its position in Tesla by 21.2% during the second quarter. AGP Franklin LLC now owns 4,861 shares of the electric vehicle producer’s stock valued at $1,544,000 after purchasing an additional 851 shares during the period. 66.20% of the stock is owned by hedge funds and other institutional investors.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Record quarterly revenue and deliveries show Tesla is still growing its top line. Tesla Just Delivered Record Sales—So Why Did the Stock Sell Off?
• Positive Sentiment: Some investors remain bullish on the long term, with ARK/Cathie Wood buying the dip after the post-earnings slump. Cathie Wood’s Ark Bought the Dip in Tesla Stock
• Neutral Sentiment: Tesla continued to promote robotaxi and Optimus progress, but the market appears to want tangible revenue and execution milestones before rewarding those ambitions. Musk’s bad week: Tesla suffers worst slump since 2022, SpaceX drops ahead of Starship test flight
• Negative Sentiment: Q2 earnings missed expectations, and Tesla reported negative free cash flow as spending surged. Tesla’s once-bullish tone on robotaxis shifts
• Negative Sentiment: Management’s large 2026 capex plan and AI spending push are spooking investors over margins and cash burn. Tesla sees a $200 billion wipeout as investors pan Musk’s plan to spend ‘as fast as we can’
• Negative Sentiment: Analysts have been lowering price targets following the report, reflecting near-term profitability concerns. Tesla Stock Plunges as Analysts Slash Price Targets after Q2 Earnings Miss

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.