Tesla (NASDAQ:TSLA) Earns "Outperform" Rating from Wedbush

Key Points

• Wedbush reaffirmed an "Outperform" rating on Tesla with a $600 price target, implying about a 53.48% upside from the current price.
• Analyst sentiment is mixed: MarketBeat shows a consensus "Hold" rating with an average target of $397.26, based on 19 Buys, 15 Holds and 9 Sells.
• Tesla slightly beat quarterly EPS estimates ($0.50 vs. $0.45) while revenue fell 3.1% year‑over‑year to $24.9B; insiders have sold roughly $20.9M of stock recently and headlines show both positives (energy storage, AI/FSD progress) and negatives (FSD legal risks, reports of unsold vehicles).

Tesla (NASDAQ:TSLA - Get Free Report)'s stock had its "outperform" rating reiterated by stock analysts at Wedbush in a research note issued on Tuesday,Benzinga reports. They currently have a $600.00 price target on the electric vehicle producer's stock. Wedbush's target price would suggest a potential upside of 53.48% from the company's current price.

A number of other research analysts have also recently commented on the stock. Morgan Stanley set a $415.00 price target on shares of Tesla and gave the stock an "equal weight" rating in a report on Thursday, January 29th. Stifel Nicolaus set a $508.00 price target on Tesla in a report on Thursday, January 29th. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Tesla from $480.00 to $465.00 and set a "buy" rating for the company in a report on Thursday, April 9th. Canaccord Genuity Group reaffirmed a "buy" rating and issued a $420.00 price objective on shares of Tesla in a research report on Monday, April 6th. Finally, Mizuho set a $540.00 price target on Tesla and gave the stock an "outperform" rating in a research report on Thursday, January 29th. Nineteen analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and nine have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $397.26.

Tesla Trading Down 0.4%

Shares of TSLA stock opened at $390.92 on Tuesday. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.16 and a quick ratio of 1.77. The company has a market cap of $1.47 trillion, a price-to-earnings ratio of 363.54, a PEG ratio of 12.67 and a beta of 1.91. Tesla has a 1 year low of $229.85 and a 1 year high of $498.83. The firm has a fifty day moving average price of $389.22 and a 200-day moving average price of $422.17.

Tesla (NASDAQ:TSLA - Get Free Report) last issued its quarterly earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.05. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The business had revenue of $24.90 billion for the quarter, compared to the consensus estimate of $24.75 billion. During the same quarter in the previous year, the firm earned $0.73 earnings per share. The company's revenue for the quarter was down 3.1% on a year-over-year basis. As a group, equities analysts predict that Tesla will post 1.37 earnings per share for the current year.

Insider Buying and Selling

In other news, Director Kathleen Wilson-Thompson sold 25,809 shares of the firm's stock in a transaction that occurred on Monday, March 30th. The stock was sold at an average price of $359.33, for a total value of $9,273,947.97. Following the transaction, the director owned 33,860 shares in the company, valued at $12,166,913.80. This trade represents a 43.25% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Vaibhav Taneja sold 2,264 shares of the business's stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $397.03, for a total value of $898,875.92. Following the sale, the chief financial officer owned 18,106 shares of the company's stock, valued at $7,188,625.18. The trade was a 11.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 53,804 shares of company stock valued at $20,865,598 in the last three months. Insiders own 19.90% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Networth Advisors LLC acquired a new stake in shares of Tesla in the fourth quarter valued at approximately $26,000. Chapman Financial Group LLC acquired a new stake in shares of Tesla in the 2nd quarter worth $26,000. Davidson Capital Management Inc. raised its holdings in shares of Tesla by 79.4% during the 4th quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer's stock worth $27,000 after acquiring an additional 27 shares during the period. Friedenthal Financial boosted its position in shares of Tesla by 66.7% during the 1st quarter. Friedenthal Financial now owns 75 shares of the electric vehicle producer's stock valued at $28,000 after acquiring an additional 30 shares during the last quarter. Finally, Manning & Napier Advisors LLC purchased a new stake in shares of Tesla in the third quarter valued at about $29,000. 66.20% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla won regulatory traction for supervised FSD in Amsterdam — a tangible rollout milestone that supports the company’s autonomy narrative and could help revenue mix if expanded in Europe. Inside one of Amsterdam's first supervised self-driving Teslas
• Positive Sentiment: Energy storage is emerging as a profitability offset to weaker vehicle margins and fading credits — investors may view the segment as a steadier revenue source. Tesla's energy storage division to pick up slack as car margins drop and credits fade
• Positive Sentiment: Tesla’s AI/robotics story got a boost from coverage of its in‑house AI5 chip development — any credible progress on chips/AI supports the higher‑multiple, future‑growth narrative. As Tesla Tapes Out the AI5 Chip, Should You Buy, Sell, or Hold TSLA Stock?
• Neutral Sentiment: Macro/sector dynamics (Strait of Hormuz tensions) could lift EV demand and benefit Tesla, but geopolitical risk also raises oil/inflation concerns that complicate the outlook. Tesla’s EV Rebound Just Got Real — Iran War Sends EV Demand Soaring
• Neutral Sentiment: Market focus is squarely on TSLA’s Q1 earnings (April 22): previews highlight robotaxi/AI progress, capex levels, and how energy/storage trends offset auto margin pressure — earnings could produce a large directional move. Tesla Q1 2026 Earnings Preview: Key Events From The Past Three Months
• Negative Sentiment: Mounting legal pressure and customer demands for FSD refunds — high‑profile calls from investors and multiple lawsuits alleging overpromised autonomy raise liability and reputation risks. Ross Gerber Reiterates FSD Refund Demand, Says Tesla Needs To Make People Whole
• Negative Sentiment: Operational/demand worries: reports of ~50,000 unsold cars and missed delivery targets feed concern that the EV demand story may be weakening in the near term. Should You Buy This Electric Vehicle (EV) Stock Before April 22?
• Negative Sentiment: A potential SpaceX/xAI IPO could reallocate investor capital and attention away from Tesla as the primary Elon‑Musk growth play — markets may rotate if SpaceX lists. A SpaceX IPO Could Shift Attention Away From Tesla, and Dip Buyers Should Be Ready

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.

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