Tesla’s (TSLA) “Outperform” Rating Reiterated at Wedbush

Wedbush reissued their outperform rating on shares of Tesla (NASDAQ:TSLA) in a research report report published on Friday morning,Benzinga reports. They currently have a $600.00 price objective on the electric vehicle producer’s stock.

A number of other brokerages also recently issued reports on TSLA. Stifel Nicolaus set a $508.00 price objective on Tesla in a research report on Thursday, January 29th. UBS Group upped their target price on Tesla from $307.00 to $352.00 and gave the stock a “sell” rating in a research note on Thursday, January 29th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $405.00 price target on shares of Tesla in a report on Thursday, January 29th. JPMorgan Chase & Co. dropped their price target on Tesla from $150.00 to $145.00 and set an “underweight” rating for the company in a research report on Friday, January 30th. Finally, Needham & Company LLC reissued a “hold” rating on shares of Tesla 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 data from MarketBeat.com, Tesla has an average rating of “Hold” and a consensus target price of $406.84.

Tesla Price Performance

TSLA stock opened at $361.83 on Friday. The firm has a 50 day moving average of $408.20 and a 200-day moving average of $428.92. The firm has a market capitalization of $1.36 trillion, a P/E ratio of 335.03, a price-to-earnings-growth ratio of 10.71 and a beta of 1.89. Tesla has a 12 month low of $214.25 and a 12 month high of $498.83. The company has a current ratio of 2.16, a quick ratio of 1.77 and a debt-to-equity ratio of 0.08.

Tesla (NASDAQ:TSLA) last posted 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. 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 analyst estimates of $24.75 billion. During the same quarter in the prior year, the firm posted $0.73 EPS. Tesla’s revenue was down 3.1% on a year-over-year basis. As a group, sell-side analysts predict that Tesla will post 2.56 earnings per share for the current fiscal year.

Insider Activity at Tesla

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

Hedge Funds Weigh In On Tesla

A number of large investors have recently bought and sold shares of the stock. J. Derek Lewis & Associates Inc. purchased a new position in shares of Tesla in the fourth quarter worth $18,466,000. Purpose Unlimited Inc. bought a new stake in shares of Tesla in the 4th quarter worth approximately $328,776,000. Cornerstone Planning LLC purchased a new position in shares of Tesla during the fourth quarter valued at approximately $665,000. AMG Asset Management Group Inc. bought a new position in shares of Tesla during the fourth quarter valued at approximately $610,000. Finally, Forty three Eighteen Advisors LLC bought a new position in shares of Tesla during the fourth quarter valued at approximately $2,784,000. 66.20% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Tesla

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.