Zacks Research Has Pessimistic Opinion of Tesla Q4 Earnings

Key Points

• Zacks Research lowered its Tesla Q4 2026 EPS estimate to $0.15 from $0.16 and forecast Q1 2027 EPS of $0.03. The current full-year consensus estimate is $0.67 per share.
• Tesla shares were reported down 10.8%, opening at $343.69; the stock’s one-year range is $297.38 to $498.83.
• Analyst sentiment remains broadly positive: MarketBeat lists a “Moderate Buy” consensus and a $414.51 average price target, despite some analysts maintaining Hold or Sell ratings.

Tesla, Inc. (NASDAQ:TSLA - Free Report) - Research analysts at Zacks Research cut their Q4 2026 earnings estimates for shares of Tesla in a note issued to investors on Wednesday, November 4th. Zacks Research analyst Team now anticipates that the electric vehicle producer will post earnings of $0.15 per share for the quarter, down from their previous estimate of $0.16. The consensus estimate for Tesla's current full-year earnings is $0.67 per share. Zacks Research also issued estimates for Tesla's Q1 2027 earnings at $0.03 EPS.

Several other equities research analysts have also recently weighed in on the company. JPMorgan Chase & Co. boosted their target price on Tesla from $415.00 to $430.00 and gave the stock a "neutral" rating in a research note on Thursday, October 22nd. Barclays upgraded shares of Tesla from an "outperform" rating to an "overweight" rating and increased their price target for the company from $370.00 to $450.00 in a research note on Monday, October 26th. Tigress Financial started coverage on shares of Tesla in a report on Thursday, October 22nd. They set a "buy" rating on the stock. Glj Research restated a "sell" rating on shares of Tesla in a research report on Thursday. Finally, Piper Sandler restated an "overweight" rating and issued a $475.00 target price (up from $450.00) on shares of Tesla in a report on Thursday, October 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, sixteen have given a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, Tesla currently has a consensus rating of "Moderate Buy" and a consensus price target of $414.51.

Tesla Trading Down 10.8%

TSLA opened at $343.69 on Friday. Tesla has a one year low of $297.38 and a one year high of $498.83. The company has a market cap of $1.36 trillion, a P/E ratio of 377.69, a PEG ratio of 23.86 and a beta of 1.74. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.39 and a current ratio of 1.74. The business's 50-day simple moving average is $372.07 and its 200-day simple moving average is $384.65.

Tesla (NASDAQ:TSLA - Get Free Report) last posted its quarterly earnings results on Wednesday, October 21st. The electric vehicle producer reported $0.48 earnings per share for the quarter, beating analysts' consensus estimates of $0.46 by $0.02. The company had revenue of $28.05 billion for the quarter, compared to analysts' expectations of $28.06 billion. Tesla had a return on equity of 3.03% and a net margin of 3.11%. Tesla's quarterly revenue was down .2% on a year-over-year basis. During the same period last year, the firm earned $0.50 earnings per share.

Insider Activity

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 stock was sold at an average price of $360.13, for a total transaction of $938,498.78. Following the transaction, the chief financial officer owned 25,972 shares in the company, valued at $9,353,296.36. This trade represents a 9.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 20.00% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Tesla

Hedge funds have recently modified their holdings of the business. Security National Bank of Sioux City Iowa IA bought a new stake in shares of Tesla in the 2nd quarter valued at about $25,000. Harborfront Financial Group LLC bought a new position in Tesla during the second quarter worth about $34,000. Montgomery Financial Services LLC bought a new position in Tesla during the second quarter worth about $40,000. Timbuktu Capital Management LLC acquired a new position in Tesla during the second quarter worth approximately $42,000. Finally, Navigoe LLC acquired a new position in Tesla during the second quarter worth approximately $45,000. 66.20% of the stock is currently owned by hedge funds and other institutional investors.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: ETF purchases offered a modest demand signal: funds bought $91.1 million of Tesla shares on Nov. 4, including $82.6 million added by the State Street Consumer Discretionary ETF. ETFs Are Buying Tesla
• Neutral Sentiment: CEO Elon Musk says Tesla will wind down Cybertruck production at its Texas factory around mid-2027 and use the space for more two-seat Cybercab robotaxis. The shift could support Tesla’s autonomy strategy, but also raises questions about Cybertruck demand and whether robotaxis can generate stronger returns. Reuters Cybertruck report
• Negative Sentiment: Zacks Research lowered its Tesla EPS estimates to $0.15 for Q4 2026 from $0.16 and to $0.03 for Q1 2027 from $0.06, adding to concerns about near-term earnings. The full-year consensus estimate is $0.67 per share. Tesla estimates
• Negative Sentiment: Tesla has also been caught in a broader technology-led selloff. Investors are concerned that Democratic control of Congress could bring greater scrutiny of Musk’s companies and complicate data-center, AI, and potential merger plans. Reuters on political and regulatory concerns

Tesla Company Profile

Tesla, Inc designs, develops, manufactures and sells electric vehicles and energy products. Its vehicle lineup includes the Model S, Model 3, Model X, Model Y and Cybertruck, along with related software and services.

The company also provides energy generation and storage products, including solar systems, Powerwall home batteries and Megapack utility-scale storage. Its services include vehicle maintenance, charging through the Supercharger network and software features for its vehicles.

Founded in 2003 and headquartered in Austin, Texas, Tesla serves customers in markets around the world.

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