William Blair lowered shares of Tesla (NASDAQ:TSLA - Free Report) from an outperform rating to a market perform rating in a research note released on Monday morning, MarketBeat.com reports. William Blair also issued estimates for Tesla's Q2 2025 earnings at $0.26 EPS, Q3 2025 earnings at $0.32 EPS, Q4 2025 earnings at $0.33 EPS, FY2025 earnings at $1.05 EPS, Q1 2026 earnings at $0.35 EPS, Q2 2026 earnings at $0.33 EPS, Q3 2026 earnings at $0.35 EPS, Q4 2026 earnings at $0.34 EPS and FY2026 earnings at $1.36 EPS.
TSLA has been the subject of several other research reports. Stifel Nicolaus set a $450.00 target price on Tesla and gave the company a "buy" rating in a research note on Thursday, April 24th. Cfra Research cut Tesla from a "moderate buy" rating to a "hold" rating in a research note on Tuesday, April 22nd. Robert W. Baird reaffirmed a "neutral" rating and set a $320.00 target price on shares of Tesla in a research note on Monday, June 9th. Truist Financial set a $280.00 target price on Tesla in a research note on Tuesday, April 22nd. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of Tesla in a research note on Wednesday, April 23rd. Ten investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating, seventeen have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $301.13.
View Our Latest Stock Analysis on Tesla
Tesla Stock Performance
Shares of NASDAQ:TSLA traded up $13.99 on Monday, hitting $309.87. The company's stock had a trading volume of 103,742,838 shares, compared to its average volume of 100,501,704. Tesla has a 12 month low of $182.00 and a 12 month high of $488.54. The company has a market capitalization of $998.08 billion, a price-to-earnings ratio of 170.26, a price-to-earnings-growth ratio of 8.86 and a beta of 2.39. The stock's 50-day moving average is $321.49 and its two-hundred day moving average is $323.10. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.54 and a current ratio of 2.00.
Tesla (NASDAQ:TSLA - Get Free Report) last released its quarterly earnings results on Tuesday, April 22nd. The electric vehicle producer reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by ($0.26). Tesla had a return on equity of 9.02% and a net margin of 6.66%. The business had revenue of $19.34 billion during the quarter, compared to the consensus estimate of $22.93 billion. During the same period in the previous year, the company posted $0.45 EPS. On average, equities research analysts forecast that Tesla will post 2.56 EPS for the current year.
Insiders Place Their Bets
In other news, Director Kimbal Musk sold 91,588 shares of the firm's stock in a transaction dated Tuesday, May 27th. The stock was sold at an average price of $357.39, for a total transaction of $32,732,635.32. Following the completion of the sale, the director directly owned 1,463,220 shares of the company's stock, valued at $522,940,195.80. This trade represents a 5.89% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Xiaotong Zhu sold 15,000 shares of the firm's stock in a transaction dated Thursday, June 12th. The stock was sold at an average price of $323.81, for a total value of $4,857,150.00. Following the sale, the senior vice president directly owned 67,600 shares of the company's stock, valued at $21,889,556. This trade represents a 18.16% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 835,509 shares of company stock valued at $279,420,485 in the last 90 days. Insiders own 20.70% of the company's stock.
Institutional Investors Weigh In On Tesla
A number of hedge funds and other institutional investors have recently made changes to their positions in TSLA. Norges Bank acquired a new position in shares of Tesla during the 4th quarter valued at about $14,420,248,000. Goldman Sachs Group Inc. increased its holdings in shares of Tesla by 322.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 26,590,525 shares of the electric vehicle producer's stock valued at $6,891,201,000 after acquiring an additional 20,291,139 shares during the last quarter. Nuveen LLC acquired a new position in shares of Tesla during the 1st quarter valued at about $3,247,619,000. FMR LLC increased its holdings in shares of Tesla by 40.1% during the 4th quarter. FMR LLC now owns 34,661,400 shares of the electric vehicle producer's stock valued at $13,997,660,000 after acquiring an additional 9,920,325 shares during the last quarter. Finally, GAMMA Investing LLC increased its holdings in shares of Tesla by 27,378.6% during the 1st quarter. GAMMA Investing LLC now owns 9,812,316 shares of the electric vehicle producer's stock valued at $2,542,960,000 after acquiring an additional 9,776,607 shares during the last quarter. 66.20% of the stock is owned by hedge funds and other institutional investors.
About Tesla
(
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Tesla, Inc designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.
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