Tesla (NASDAQ:TSLA) Given New $430.00 Price Target at JPMorgan Chase & Co.

Key Points

• JPMorgan raised Tesla’s price target to $430 from $415 while maintaining a neutral rating, implying about 11.6% upside from the previous close.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and average price target of $418.13; ratings include 23 Buys, 20 Holds and four Sells.
• Tesla’s latest quarterly EPS of $0.48 exceeded the $0.45 estimate, but revenue was essentially in line and declined slightly year over year. Shares traded around $385.39, while the stock’s valuation remained elevated at roughly 359 times earnings.

Tesla (NASDAQ:TSLA - Get Free Report) had its price objective boosted by research analysts at JPMorgan Chase & Co. from $415.00 to $430.00 in a research note issued to investors on Thursday, Benzinga reports. The firm presently has a "neutral" rating on the electric vehicle producer's stock. JPMorgan Chase & Co.'s target price would indicate a potential upside of 11.57% from the stock's previous close.

Several other research analysts have also recently weighed in on the stock. Royal Bank Of Canada reissued a "buy" rating on shares of Tesla in a report on Friday, September 25th. Guggenheim started coverage on shares of Tesla in a report on Monday, June 29th. They issued a "neutral" rating on the stock. Glj Research reaffirmed a "sell" rating on shares of Tesla in a research report on Thursday. Needham & Company LLC reiterated a "hold" rating on shares of Tesla in a research note on Thursday. Finally, CLSA raised Tesla from an "underperform" rating to a "hold" rating and set a $400.00 price target on the stock in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, twenty have given a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $418.13.

Tesla Stock Performance

NASDAQ:TSLA traded down $1.08 during mid-day trading on Thursday, reaching $385.39. The company's stock had a trading volume of 10,431,711 shares, compared to its average volume of 50,424,336. Tesla has a 12-month low of $297.38 and a 12-month high of $498.83. The firm's fifty day moving average price is $362.72 and its two-hundred day moving average price is $377.16. The company has a current ratio of 1.94, a quick ratio of 1.55 and a debt-to-equity ratio of 0.09. The stock has a market cap of $1.52 trillion, a P/E ratio of 359.09, a PEG ratio of 23.73 and a beta of 1.92.

Tesla (NASDAQ:TSLA - Get Free Report) last posted its earnings results on Thursday, October 22nd. The electric vehicle producer reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.03. The business had revenue of $28.05 billion for the quarter, compared to analysts' expectations of $28.06 billion. Tesla had a net margin of 3.67% and a return on equity of 3.82%. The business's revenue for the quarter was down .2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.50 EPS. On average, equities analysts forecast that Tesla will post 0.71 EPS for the current fiscal year.

Insider Buying and Selling at Tesla

In related news, CFO Vaibhav Taneja sold 2,606 shares of the firm's stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $360.13, for a total value of $938,498.78. Following the transaction, the chief financial officer owned 25,972 shares of the company's stock, valued at approximately $9,353,296.36. This trade represents a 9.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 19.90% of the stock is owned by company insiders.

Institutional Trading of Tesla

Several large investors have recently added to or reduced their stakes in the business. Peirce Capital Management LLC boosted its stake in shares of Tesla by 1.5% during the 2nd quarter. Peirce Capital Management LLC now owns 1,657 shares of the electric vehicle producer's stock worth $697,000 after acquiring an additional 25 shares during the last quarter. Retirement Planning Group LLC NY grew its position in shares of Tesla by 3.8% during the 1st quarter. Retirement Planning Group LLC NY now owns 713 shares of the electric vehicle producer's stock valued at $265,000 after acquiring an additional 26 shares during the period. Phillip James Consulting Co. increased its stake in shares of Tesla by 8.7% in the 1st quarter. Phillip James Consulting Co. now owns 326 shares of the electric vehicle producer's stock worth $121,000 after purchasing an additional 26 shares in the last quarter. Cadence Wealth Management LLC increased its stake in shares of Tesla by 4.7% in the 1st quarter. Cadence Wealth Management LLC now owns 580 shares of the electric vehicle producer's stock worth $216,000 after purchasing an additional 26 shares in the last quarter. Finally, Crumly & Associates Inc. increased its stake in shares of Tesla by 0.6% in the 2nd quarter. Crumly & Associates Inc. now owns 4,698 shares of the electric vehicle producer's stock worth $1,976,000 after purchasing an additional 26 shares in the last quarter. 66.20% of the stock is currently owned by institutional investors.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla reported adjusted EPS of $0.48, above the $0.45 consensus estimate, while revenue of approximately $28.05 billion was broadly in line with expectations. Free cash flow was about $1.5 billion, a significant improvement over expectations for a cash burn, and cash reserves reached roughly $45.4 billion. Tesla revenue beats estimates as deliveries rebound
• Positive Sentiment: Full Self-Driving remains a major bull-case catalyst: management said subscriptions rose 67% year over year, with FSD attached to more than 75% of new North American deliveries. Tesla also said it has begun producing Optimus robots and plans to begin delivering some Cybercabs by year-end. Tesla FSD and robotaxi outlook
• Neutral Sentiment: Tesla and SpaceX have formed independent committees to study a possible merger. The combination could provide AI, robotics, software and infrastructure synergies, but it is not assured, requires shareholder approval and raises questions about transaction terms, dilution and governance. Tesla SpaceX merger talks
• Negative Sentiment: Profitability deteriorated despite the EPS beat. Operating income fell sharply year over year as AI, robotics and autonomy expenses increased; automotive revenue declined, and Tesla Energy revenue reportedly missed expectations by about 22%. The results reinforce concerns that Tesla’s core vehicle business is not yet funding its ambitious technology expansion. Tesla valuation and third-quarter results
• Negative Sentiment: Tesla reduced its 2026 capital-spending outlook to approximately $20 billion from more than $25 billion and pushed back aspects of its Optimus roadmap. Investors interpreted the pullback as a possible sign that AI, robotaxi and robotics deployment may take longer than anticipated. Cybercab plans are also clouded by a federal safety investigation, while unsupervised FSD for personal vehicles is not expected until 2027. Tesla spending pullback and AI ambitions
• Negative Sentiment: Analyst opinion remains divided: Mizuho raised its target to $460 and CLSA upgraded Tesla to Hold, but Needham maintained Hold and GLJ Research reaffirmed Sell. With Tesla trading at a very high earnings multiple, investors are demanding rapid growth from products that remain largely unproven at scale.

About Tesla

Tesla, Inc is an electric vehicle and clean energy company headquartered in Austin, Texas. Founded in 2003, the company designs, manufactures and sells electric vehicles, including the Model S, Model 3, Model X, Model Y and Cybertruck. Tesla also develops vehicle software, driver-assistance features and related services intended to support the operation and ownership of its vehicles.

Beyond automobiles, Tesla produces energy storage products for residential, commercial and utility-scale applications, including the Powerwall and Megapack.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.