UBS Group Has Lowered Expectations for Tesla (NASDAQ:TSLA) Stock Price

Tesla (NASDAQ:TSLA) had its price target cut by research analysts at UBS Group from $442.00 to $385.00 in a research report issued to clients and investors on Thursday, MarketBeat reports. The firm currently has a “neutral” rating on the electric vehicle producer’s stock. UBS Group’s price target points to a potential upside of 22.99% from the company’s current price.

TSLA has been the topic of a number of other reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Tesla in a report on Tuesday, June 30th. Robert W. Baird reduced their target price on shares of Tesla from $538.00 to $522.00 and set an “outperform” rating for the company in a report on Friday, April 24th. Evercore raised shares of Tesla from a “hold” rating to an “outperform” rating in a research report on Friday, June 5th. Tigress Financial initiated coverage on shares of Tesla in a research report on Monday, April 27th. They set a “buy” rating on the stock. Finally, Citigroup started coverage on shares of Tesla in a research note on Thursday, July 9th. They set a “market perform” rating for the company. Twenty-one analysts have rated the stock with a Buy rating, twenty-one have given a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $404.95.

Tesla Stock Performance

Shares of Tesla stock opened at $313.03 on Thursday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.94 and a quick ratio of 1.62. The firm has a market cap of $1.18 trillion, a price-to-earnings ratio of 289.85, a price-to-earnings-growth ratio of 10.73 and a beta of 1.80. The stock’s 50-day moving average is $400.74 and its 200-day moving average is $402.53. Tesla has a one year low of $297.82 and a one year high of $498.83.

Tesla (NASDAQ:TSLA) last posted its quarterly earnings data on Wednesday, July 22nd. The electric vehicle producer reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.17). Tesla had a return on equity of 3.82% and a net margin of 3.67%.The firm had revenue of $28.24 billion for the quarter, compared to the consensus estimate of $26.42 billion. During the same quarter in the previous year, the business posted $0.33 earnings per share. The firm’s quarterly revenue was up 25.5% compared to the same quarter last year. Equities analysts predict that Tesla will post 1.34 earnings per share for the current fiscal year.

Insider Activity

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 stock was sold at an average price of $402.20, for a total transaction of $1,048,133.20. Following the completion of the sale, the chief financial officer owned 22,039 shares in the company, valued at $8,864,085.80. The trade was a 10.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 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 the company’s stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $378.11, for a total value of $9,985,506.99. Following the completion of the transaction, the director directly owned 48,399 shares in the company, valued at $18,300,145.89. The trade was a 35.30% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 32,015 shares of company stock valued at $12,383,640 in the last ninety days. 19.90% of the stock is currently owned by insiders.

Institutional Trading of Tesla

Institutional investors have recently added to or reduced their stakes in the company. Networth Advisors LLC bought a new stake in shares of Tesla in the fourth quarter valued at about $26,000. Davidson Capital Management Inc. increased its position in Tesla by 79.4% during the fourth quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer’s stock worth $27,000 after acquiring an additional 27 shares during the period. Turning Point Benefit Group Inc. bought a new position in Tesla during the third quarter worth about $30,000. Prism Advisors Inc. acquired a new stake in Tesla in the 4th quarter worth about $30,000. Finally, Texas Capital Bancshares Inc TX bought a new stake in Tesla in the 3rd quarter valued at about $31,000. 66.20% of the stock is currently owned by institutional investors.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Record quarterly revenue and deliveries show Tesla is still growing its top line. Tesla Just Delivered Record Sales—So Why Did the Stock Sell Off?
• Positive Sentiment: Some investors remain bullish on the long term, with ARK/Cathie Wood buying the dip after the post-earnings slump. Cathie Wood’s Ark Bought the Dip in Tesla Stock
• Neutral Sentiment: Tesla continued to promote robotaxi and Optimus progress, but the market appears to want tangible revenue and execution milestones before rewarding those ambitions. Musk’s bad week: Tesla suffers worst slump since 2022, SpaceX drops ahead of Starship test flight
• Negative Sentiment: Q2 earnings missed expectations, and Tesla reported negative free cash flow as spending surged. Tesla’s once-bullish tone on robotaxis shifts
• Negative Sentiment: Management’s large 2026 capex plan and AI spending push are spooking investors over margins and cash burn. Tesla sees a $200 billion wipeout as investors pan Musk’s plan to spend ‘as fast as we can’
• Negative Sentiment: Analysts have been lowering price targets following the report, reflecting near-term profitability concerns. Tesla Stock Plunges as Analysts Slash Price Targets after Q2 Earnings Miss

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.