Tesla, Inc. (NASDAQ:TSLA) Receives Average Recommendation of "Hold" from Analysts

Key Points

• Tesla has a consensus analyst rating of "Hold" from 41 analysts, with 19 buys, 17 holds, and 5 sells. The average 1-year price target among analysts is about $395.20.
• Recent analyst actions have been mixed, including buy ratings from Benchmark and Tigress Financial, a sell rating from Glj Research, and neutral/hold moves from UBS Group and Truist Financial. UBS also raised its price target, while Truist lowered theirs.
• Company insiders have been selling shares, including director Kathleen Wilson-Thompson and CFO Vaibhav Taneja, though institutional investors still own 66.2% of Tesla. The article also notes improving European sales trends and growing attention on future catalysts like robotaxi, Optimus, and a possible SpaceX-related boost.

Tesla, Inc. (NASDAQ:TSLA - Get Free Report) has earned a consensus rating of "Hold" from the forty-one analysts that are presently covering the company, Marketbeat Ratings reports. Five research analysts have rated the stock with a sell recommendation, seventeen have assigned a hold recommendation and nineteen have issued a buy recommendation on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $395.2022.

Several equities research analysts recently issued reports on the stock. Benchmark reaffirmed a "buy" rating on shares of Tesla in a research note on Wednesday, February 11th. Glj Research reissued a "sell" rating on shares of Tesla in a research report on Tuesday, April 21st. UBS Group upped their price objective on shares of Tesla from $352.00 to $364.00 and gave the company a "neutral" rating in a research report on Wednesday, May 13th. Tigress Financial initiated coverage on shares of Tesla in a research report on Monday, April 27th. They set a "buy" rating for the company. Finally, Truist Financial lowered their target price on shares of Tesla from $438.00 to $400.00 and set a "hold" rating on the stock in a research note on Thursday, April 2nd.

Insider Buying and Selling

In related news, Director Kathleen Wilson-Thompson sold 26,409 shares of the firm's stock in a transaction that occurred on Thursday, April 30th. The shares were 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 owned 48,399 shares of the company's stock, valued at $18,300,145.89. This trade represents a 35.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 3,000 shares of the firm's stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $450.00, for a total transaction of $1,350,000.00. Following the completion of the transaction, the chief financial officer directly owned 18,106 shares in the company, 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. In the last three months, insiders sold 57,482 shares of company stock valued at $21,508,331. 19.90% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the business. Networth Advisors LLC bought a new position in shares of Tesla in the 4th quarter valued at about $26,000. Davidson Capital Management Inc. raised its position 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 valued at $27,000 after buying an additional 27 shares in the last quarter. Turning Point Benefit Group Inc. acquired a new position in Tesla during the 3rd quarter worth approximately $30,000. Prism Advisors Inc. acquired a new position in Tesla during the 4th quarter worth approximately $30,000. Finally, Texas Capital Bancshares Inc TX acquired a new position in Tesla during the 3rd quarter worth approximately $31,000. Institutional investors 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’s European sales momentum appears to be improving, with multiple reports citing April registrations up sharply year over year and suggesting the EV business is regaining traction after a long slump. Tesla Logs Strong Growth in European Monthly Sales
• Positive Sentiment: Wall Street is also focusing on Tesla’s robotaxi and Optimus opportunities, with coverage saying a new patent could protect future revenue drivers and that the stock is approaching a technical breakout setup. Tesla Patent Could Protect Two Biggest Future Revenue Drivers: Here's Why 'Lens Cleaning System' May Matter
• Positive Sentiment: Renewed speculation around a possible SpaceX-Tesla tie-up is adding excitement, with reports and commentary suggesting the rumored SpaceX IPO could become a major long-term catalyst for Tesla shareholders. SpaceX-Tesla merger chatter reignites as Musk pushes rocket company towards Nasdaq

Tesla Trading Up 1.6%

Tesla stock opened at $440.36 on Thursday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.62 and a current ratio of 2.04. The firm has a market cap of $1.65 trillion, a price-to-earnings ratio of 404.00, a price-to-earnings-growth ratio of 17.12 and a beta of 1.79. Tesla has a 1 year low of $273.21 and a 1 year high of $498.83. The firm's 50 day moving average price is $390.12 and its two-hundred day moving average price is $416.18.

Tesla (NASDAQ:TSLA - Get Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.02. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The firm had revenue of $22.39 billion for the quarter, compared to analysts' expectations of $22.96 billion. During the same period in the previous year, the company posted $0.27 EPS. The company's quarterly revenue was up 15.8% compared to the same quarter last year. On average, research analysts predict that Tesla will post 1.2 EPS for the current fiscal year.

About Tesla

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.

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