FY2026 EPS Estimates for Tesla Lowered by Erste Group Bank

Tesla, Inc. (NASDAQ:TSLA) – Stock analysts at Erste Group Bank reduced their FY2026 EPS estimates for Tesla in a research note issued on Tuesday, March 24th. Erste Group Bank analyst S. Lingnau now anticipates that the electric vehicle producer will post earnings per share of $1.40 for the year, down from their previous forecast of $1.42. The consensus estimate for Tesla’s current full-year earnings is $2.56 per share.

A number of other research analysts have also weighed in on the company. BNP Paribas Exane cut their price objective on Tesla from $313.00 to $280.00 and set an “underperform” rating for the company in a research report on Monday, March 2nd. New Street Research increased their price target on Tesla from $520.00 to $600.00 and gave the company a “buy” rating in a research note on Tuesday, January 6th. Barclays restated a “neutral” rating on shares of Tesla in a report on Wednesday, March 4th. William Blair reaffirmed a “market perform” rating on shares of Tesla in a report on Friday, January 2nd. Finally, Wells Fargo & Company decreased their price objective on Tesla from $130.00 to $125.00 and set an “underweight” rating on the stock in a report on Thursday, January 29th. Nineteen investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and nine have assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $406.84.

Tesla Stock Down 2.8%

Shares of TSLA stock opened at $361.83 on Friday. The company’s fifty day simple moving average is $408.20 and its two-hundred day simple moving average is $428.35. Tesla has a 52 week low of $214.25 and a 52 week high of $498.83. The stock has a market cap of $1.36 trillion, a P/E ratio of 335.03, a PEG ratio of 10.71 and a beta of 1.89. The company has a quick ratio of 1.77, a current ratio of 2.16 and a debt-to-equity ratio of 0.08.

Tesla (NASDAQ:TSLA) last issued its earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, topping analysts’ consensus estimates of $0.45 by $0.05. The firm had revenue of $24.90 billion during the quarter, compared to analyst estimates of $24.75 billion. Tesla had a net margin of 4.00% and a return on equity of 4.86%. Tesla’s revenue for the quarter was down 3.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.73 earnings per share.

Insider Buying and Selling

In other Tesla news, Director James R. Murdoch sold 60,000 shares of the business’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $445.40, for a total transaction of $26,724,000.00. Following the sale, the director directly owned 577,031 shares of the company’s stock, valued at $257,009,607.40. The trade was a 9.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Kathleen Wilson-Thompson sold 25,731 shares of the company’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $415.56, for a total value of $10,692,774.36. Following the sale, the director owned 19,669 shares in the company, valued at approximately $8,173,649.64. This trade represents a 56.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 87,995 shares of company stock worth $38,315,650. Corporate insiders own 19.90% of the company’s stock.

Institutional Trading of Tesla

A number of institutional investors have recently bought and sold shares of TSLA. Narwhal Capital Management increased its position in Tesla by 32.8% during the 3rd quarter. Narwhal Capital Management now owns 9,516 shares of the electric vehicle producer’s stock worth $4,232,000 after purchasing an additional 2,350 shares during the period. Gamco Investors INC. ET AL lifted its holdings in shares of Tesla by 29.6% in the 3rd quarter. Gamco Investors INC. ET AL now owns 32,576 shares of the electric vehicle producer’s stock valued at $14,487,000 after buying an additional 7,446 shares during the period. Norges Bank acquired a new stake in shares of Tesla in the 2nd quarter valued at approximately $11,839,824,000. China Universal Asset Management Co. Ltd. boosted its stake in shares of Tesla by 8.8% in the third quarter. China Universal Asset Management Co. Ltd. now owns 48,504 shares of the electric vehicle producer’s stock valued at $21,571,000 after buying an additional 3,935 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC grew its holdings in Tesla by 26.0% during the third quarter. Ashton Thomas Private Wealth LLC now owns 18,032 shares of the electric vehicle producer’s stock worth $8,019,000 after acquiring an additional 3,724 shares during the period. 66.20% of the stock is currently owned by institutional investors.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Wedbush reaffirmed an “outperform” rating and keeps a $600 price target on TSLA, giving bulls a high‑conviction upside case that supports long‑term holders. Wedbush $600 PT
• Positive Sentiment: Some data suggest Tesla is relatively resilient within a weak EV market — one headline calls Tesla a “big winner” amid a steep 28% U.S. EV sales slump, which could mean share gains if Tesla maintains share vs. peers. Tesla winner in EV slump
• Neutral Sentiment: Analysts and strategists note deliveries will be the key catalyst next week — Gene Munster says delivery figures could move broader equities, so TSLA may swing sharply on the print. Gene Munster on deliveries
• Neutral Sentiment: Market participants are watching Tesla’s Q1 delivery release scheduled for April 2 as the near‑term event that will likely determine whether the stock stabilizes or sells off further. Mark calendars for April 2
• Negative Sentiment: Delivery fears and downward revisions are pressuring the stock: Tesla‑published and independent consensus for Q1 deliveries sits near ~365k and Tesla recently trimmed its 2026 delivery outlook to ~1.69M, prompting analyst cuts and delta‑sized positioning. Q1 delivery consensus Tesla cuts 2026 delivery outlook
• Negative Sentiment: Macro and geopolitical risk (Iran war → rising oil) have knocked broader tech and auto stocks lower; headlines pushing oil toward $100 are creating rate/inflation fear that amplifies selling in TSLA. Oil near $100, markets slide Tech stocks suffer worst week
• Negative Sentiment: Competitive pressure in China and Canada (BYD expansion and record orders) plus weakening brand perception and higher EV prices/borrowing costs are weighing on demand expectations for Tesla. BYD moving into Canada

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.