Tesla (NASDAQ:TSLA) Coverage Initiated by Analysts at Citizens Jmp

Citizens Jmp started coverage on shares of Tesla (NASDAQ:TSLA) in a report released on Thursday, Marketbeat.com reports. The brokerage issued a market perform rating on the electric vehicle producer’s stock.

Several other equities analysts have also recently issued reports on TSLA. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Tesla in a report on Monday, June 1st. Wedbush restated an “outperform” rating and issued a $600.00 price target on shares of Tesla in a research report on Tuesday, April 21st. President Capital boosted their price objective on shares of Tesla from $424.00 to $428.00 and gave the stock a “buy” rating in a research report on Monday, April 27th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Tesla in a research note on Tuesday, June 30th. Finally, William Blair restated a “market perform” rating on shares of Tesla in a research report on Thursday, July 2nd. Twenty-one equities research analysts have rated the stock with a Buy rating, twenty-one have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $406.87.

Tesla Price Performance

Shares of NASDAQ TSLA opened at $406.55 on Thursday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.62 and a current ratio of 2.04. Tesla has a one year low of $297.82 and a one year high of $498.83. The firm has a market capitalization of $1.53 trillion, a P/E ratio of 372.98, a PEG ratio of 14.50 and a beta of 1.80. The company’s fifty day moving average is $409.76 and its two-hundred day moving average is $409.24.

Tesla (NASDAQ:TSLA) last announced its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 EPS for the quarter, beating the consensus estimate of $0.39 by $0.02. The firm had revenue of $22.39 billion during the quarter, compared to analysts’ expectations of $22.96 billion. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The business’s revenue for the quarter was up 15.8% compared to the same quarter last year. During the same quarter last year, the business earned $0.27 earnings per share. Analysts forecast that Tesla will post 1.29 EPS for the current fiscal year.

Insider Transactions at Tesla

In other news, CFO Vaibhav Taneja sold 2,606 shares of the business’s stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $402.20, for a total value of $1,048,133.20. Following the completion of the transaction, the chief financial officer owned 22,039 shares of the company’s stock, valued at $8,864,085.80. The trade was a 10.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Kathleen Wilson-Thompson sold 26,409 shares of Tesla stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $378.11, for a total transaction of $9,985,506.99. Following the completion of the sale, the director directly owned 48,399 shares of the company’s stock, valued at $18,300,145.89. The trade was a 35.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 32,015 shares of company stock valued at $12,383,640. Insiders own 19.90% of the company’s stock.

Institutional Trading of Tesla

A number of institutional investors and hedge funds have recently made changes to their positions in TSLA. Crestwood Advisors Group LLC boosted its position in Tesla by 34.7% during the 4th quarter. Crestwood Advisors Group LLC now owns 19,567 shares of the electric vehicle producer’s stock worth $8,799,000 after acquiring an additional 5,039 shares during the period. Calamos Wealth Management LLC lifted its holdings in Tesla by 5.9% in the 4th quarter. Calamos Wealth Management LLC now owns 41,907 shares of the electric vehicle producer’s stock worth $18,846,000 after purchasing an additional 2,341 shares during the last quarter. Private Capital Advisors Inc. boosted its holdings in shares of Tesla by 139.3% during the 4th quarter. Private Capital Advisors Inc. now owns 21,331 shares of the electric vehicle producer’s stock worth $9,593,000 after buying an additional 12,417 shares during the period. Wealthquest Corp bought a new position in Tesla in the 4th quarter worth $1,035,000. Finally, Knights of Columbus Asset Advisors LLC grew its position in shares of Tesla by 34.8% in the fourth quarter. Knights of Columbus Asset Advisors LLC now owns 64,481 shares of the electric vehicle producer’s stock valued at $28,998,000 after purchasing an additional 16,652 shares during the last quarter. 66.20% of the stock is currently owned by institutional investors and hedge funds.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla reported better-than-expected Q2 2026 deliveries of 480,126 vehicles and production of 451,758, reinforcing that core demand is still holding up. Some Good and Bad News for Tesla Investors
• Positive Sentiment: Tesla launched driverless Robotaxi service in Miami, expanding autonomy operations beyond Texas and California and supporting the bull case that Tesla is becoming more than an automaker. Did Tesla’s Miami Robotaxi Launch and Q2 Numbers Just Shift TSLA’s Autonomy‑First Narrative?
• Positive Sentiment: RBC Capital raised its price target on Tesla to $500 from $475 and kept an Outperform rating, signaling continued Wall Street confidence in the stock’s long-term upside. RBC Capital Raises its Price Target on Tesla (TSLA)
• Positive Sentiment: Tesla disclosed more than $9 billion in new Megapack orders and a broader home-energy push, which strengthens the energy-storage growth story. Tesla (TSLA) Lands $9 Billion In Megapack Orders And Expands Home Energy Push

About Tesla

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.