Tesla (NASDAQ:TSLA) Receives Outperform Rating from Wedbush

Wedbush reaffirmed their outperform rating on shares of Tesla (NASDAQ:TSLA) in a research report report published on Thursday morning,Benzinga reports. Wedbush currently has a $350.00 price objective on the electric vehicle producer’s stock. Wedbush also issued estimates for Tesla’s Q2 2025 earnings at $0.28 EPS, Q3 2025 earnings at $0.41 EPS, Q4 2025 earnings at $0.51 EPS, FY2025 earnings at $1.35 EPS, Q1 2026 earnings at $0.44 EPS, Q2 2026 earnings at $0.50 EPS, Q3 2026 earnings at $0.61 EPS and FY2026 earnings at $2.24 EPS.

A number of other equities research analysts have also recently commented on the company. Barclays decreased their price target on Tesla from $325.00 to $275.00 and set an “equal weight” rating for the company in a research note on Monday, April 21st. JPMorgan Chase & Co. cut their price objective on Tesla from $120.00 to $115.00 and set an “underweight” rating on the stock in a report on Wednesday, April 23rd. Deutsche Bank Aktiengesellschaft decreased their target price on Tesla from $420.00 to $345.00 and set a “buy” rating for the company in a report on Friday, March 28th. The Goldman Sachs Group restated a “neutral” rating on shares of Tesla in a research note on Tuesday, April 22nd. Finally, Glj Research reiterated a “sell” rating and issued a $19.05 price objective (down previously from $24.86) on shares of Tesla in a research note on Monday, April 21st. Ten research analysts have rated the stock with a sell rating, ten have given a hold rating, twenty-one have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $287.46.

Tesla Trading Up 2.4 %

Shares of TSLA opened at $287.21 on Thursday. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.02 and a quick ratio of 1.61. The firm has a market capitalization of $925.09 billion, a price-to-earnings ratio of 140.79, a PEG ratio of 5.86 and a beta of 2.58. The company has a 50-day moving average of $258.82 and a 200 day moving average of $325.18. Tesla has a 1-year low of $167.41 and a 1-year high of $488.54.

Tesla (NASDAQ:TSLA) last issued its earnings results on Tuesday, April 22nd. The electric vehicle producer reported $0.27 earnings per share for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.26). Tesla had a net margin of 7.26% and a return on equity of 10.31%. The firm had revenue of $19.34 billion for the quarter, compared to the consensus estimate of $22.93 billion. During the same period last year, the firm earned $0.45 earnings per share. On average, research analysts expect that Tesla will post 2.56 EPS for the current year.

Insider Activity at Tesla

In other news, CFO Vaibhav Taneja sold 2,672 shares of the company’s stock in a transaction that occurred on Thursday, March 6th. The stock was sold at an average price of $268.73, for a total value of $718,046.56. Following the completion of the sale, the chief financial officer now directly owns 26,950 shares in the company, valued at $7,242,273.50. This represents a 9.02 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Robyn M. Denholm sold 112,390 shares of Tesla stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $384.04, for a total value of $43,162,255.60. Following the transaction, the director now owns 85,000 shares in the company, valued at approximately $32,643,400. The trade was a 56.94 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 486,618 shares of company stock valued at $155,887,459. Corporate insiders own 20.70% of the company’s stock.

Hedge Funds Weigh In On Tesla

A number of institutional investors have recently bought and sold shares of TSLA. Susquehanna Fundamental Investments LLC acquired a new position in Tesla in the fourth quarter valued at approximately $56,600,000. Stephens Consulting LLC raised its position in Tesla by 126.7% in the fourth quarter. Stephens Consulting LLC now owns 1,594 shares of the electric vehicle producer’s stock valued at $644,000 after purchasing an additional 891 shares during the period. Worth Asset Management LLC raised its holdings in Tesla by 383.1% in the 4th quarter. Worth Asset Management LLC now owns 8,314 shares of the electric vehicle producer’s stock valued at $3,358,000 after buying an additional 6,593 shares during the period. Strategic Family Wealth Counselors L.L.C. lifted its position in Tesla by 133.7% in the fourth quarter. Strategic Family Wealth Counselors L.L.C. now owns 2,847 shares of the electric vehicle producer’s stock valued at $1,150,000 after buying an additional 1,629 shares during the last quarter. Finally, Harvard Management Co. Inc. purchased a new position in Tesla during the fourth quarter worth about $8,158,000. 66.20% of the stock is owned by hedge funds and other institutional investors.

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.