William Blair Issues Negative Estimate for Tesla Earnings

Tesla, Inc. (NASDAQ:TSLA - Free Report) - Research analysts at William Blair reduced their Q1 2026 earnings estimates for Tesla in a research note issued to investors on Monday, June 30th. William Blair analyst J. Dorsheimer now forecasts that the electric vehicle producer will post earnings per share of $0.49 for the quarter, down from their prior forecast of $0.71. The consensus estimate for Tesla's current full-year earnings is $2.56 per share. William Blair also issued estimates for Tesla's Q2 2026 earnings at $0.46 EPS, Q3 2026 earnings at $0.47 EPS, Q4 2026 earnings at $0.45 EPS and FY2026 earnings at $1.85 EPS.

Several other research analysts have also commented on the company. Morgan Stanley reissued an "overweight" rating and set a $410.00 price objective on shares of Tesla in a report on Friday, June 6th. Robert W. Baird reissued a "neutral" rating and issued a $320.00 price target on shares of Tesla in a research note on Monday, June 9th. The Goldman Sachs Group restated a "neutral" rating on shares of Tesla in a research report on Friday, June 20th. Oppenheimer reaffirmed a "mixed" rating on shares of Tesla in a report on Tuesday, March 18th. Finally, Wells Fargo & Company reduced their target price on Tesla from $135.00 to $130.00 and set an "underweight" rating on the stock in a research note on Friday, March 14th. Ten investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $298.37.

Tesla Price Performance

Tesla stock traded up $14.94 during midday trading on Wednesday, hitting $315.65. 119,085,851 shares of the company's stock were exchanged, compared to its average volume of 101,982,775. The company has a market cap of $1.02 trillion, a P/E ratio of 173.43, a PEG ratio of 12.06 and a beta of 2.40. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.54 and a current ratio of 2.00. The stock has a 50-day moving average price of $317.99 and a two-hundred day moving average price of $328.19. Tesla has a 52-week low of $182.00 and a 52-week high of $488.54.

Tesla (NASDAQ:TSLA - Get Free Report) last announced its quarterly earnings results on Tuesday, April 22nd. The electric vehicle producer reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.53 by ($0.26). The company had revenue of $19.34 billion for the quarter, compared to the consensus estimate of $22.93 billion. Tesla had a net margin of 6.66% and a return on equity of 9.02%. During the same quarter in the prior year, the company earned $0.45 earnings per share.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Cherry Tree Wealth Management LLC lifted its position in Tesla by 86.3% in the 1st quarter. Cherry Tree Wealth Management LLC now owns 95 shares of the electric vehicle producer's stock valued at $25,000 after acquiring an additional 44 shares in the last quarter. First PREMIER Bank lifted its holdings in shares of Tesla by 79.2% during the first quarter. First PREMIER Bank now owns 95 shares of the electric vehicle producer's stock valued at $25,000 after purchasing an additional 42 shares in the last quarter. Newton One Investments LLC boosted its position in shares of Tesla by 250.0% during the first quarter. Newton One Investments LLC now owns 105 shares of the electric vehicle producer's stock valued at $27,000 after buying an additional 75 shares during the last quarter. Arcadia Investment Management Corp MI bought a new stake in Tesla in the 1st quarter worth about $27,000. Finally, True Wealth Design LLC raised its position in Tesla by 79.5% in the 4th quarter. True Wealth Design LLC now owns 70 shares of the electric vehicle producer's stock worth $28,000 after buying an additional 31 shares during the last quarter. 66.20% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Tesla news, CFO Vaibhav Taneja sold 6,000 shares of Tesla stock in a transaction on Monday, June 2nd. The stock was sold at an average price of $341.02, for a total transaction of $2,046,120.00. Following the completion of the transaction, the chief financial officer owned 1,950 shares in the company, valued at approximately $664,989. The trade was a 75.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Kimbal Musk sold 91,588 shares of the stock in a transaction on Tuesday, May 27th. The stock was sold at an average price of $357.39, for a total value of $32,732,635.32. Following the completion of the sale, the director directly owned 1,463,220 shares in the company, valued at approximately $522,940,195.80. This represents a 5.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 833,509 shares of company stock valued at $278,648,925. 20.70% of the stock is currently owned by insiders.

Tesla Company Profile

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.