Tesla (NASDAQ:TSLA) Given “Buy” Rating at TD Cowen

Tesla (NASDAQ:TSLA)‘s stock had its “buy” rating reaffirmed by equities researchers at TD Cowen in a report released on Thursday,Benzinga reports. They presently have a $490.00 target price on the electric vehicle producer’s stock. TD Cowen’s target price indicates a potential upside of 29.36% from the stock’s current price.

A number of other equities analysts also recently commented on TSLA. Robert W. Baird dropped their target price on shares of Tesla from $548.00 to $538.00 and set an “outperform” rating on the stock in a research note on Thursday, April 2nd. Morgan Stanley set a $415.00 target price on shares of Tesla and gave the stock an “equal weight” rating in a research note on Thursday, January 29th. Royal Bank Of Canada reduced their price target on shares of Tesla from $480.00 to $475.00 and set an “outperform” rating for the company in a report on Thursday. Roth Mkm restated a “buy” rating on shares of Tesla in a report on Thursday. Finally, Benchmark restated a “buy” rating on shares of Tesla in a report on Wednesday, February 11th. Eighteen research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and nine have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $399.70.

Tesla Trading Down 2.2%

TSLA stock traded down $8.71 during mid-day trading on Thursday, reaching $378.80. The company had a trading volume of 57,869,187 shares, compared to its average volume of 63,152,492. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.16 and a quick ratio of 1.77. The company has a market capitalization of $1.42 trillion, a PE ratio of 351.64, a price-to-earnings-growth ratio of 12.22 and a beta of 1.91. The firm has a 50 day moving average of $387.63 and a 200 day moving average of $421.62. Tesla has a 12 month low of $249.20 and a 12 month high of $498.83.

Tesla (NASDAQ:TSLA) last issued its earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. The business had revenue of $22.39 billion for the quarter, compared to the consensus estimate of $22.96 billion. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The company’s revenue for the quarter was up 15.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.27 EPS. On average, equities analysts predict that Tesla will post 1.37 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CFO Vaibhav Taneja sold 2,264 shares of the stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $397.03, for a total transaction of $898,875.92. Following the completion of the sale, the chief financial officer owned 18,106 shares of the company’s stock, valued at $7,188,625.18. This represents a 11.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Kathleen Wilson-Thompson sold 25,809 shares of the stock in a transaction that occurred on Monday, March 30th. The shares were sold at an average price of $359.33, for a total transaction of $9,273,947.97. Following the sale, the director directly owned 33,860 shares of the company’s stock, valued at $12,166,913.80. The trade was a 43.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 53,804 shares of company stock valued at $20,865,598 in the last three months. 19.90% of the stock is currently owned by corporate insiders.

Institutional Trading of Tesla

Several large investors have recently bought and sold shares of the stock. Relyea Zuckerberg Hanson LLC grew its position in Tesla by 0.4% during the 3rd quarter. Relyea Zuckerberg Hanson LLC now owns 6,558 shares of the electric vehicle producer’s stock worth $2,916,000 after purchasing an additional 23 shares during the last quarter. Equita Financial Network Inc. grew its position in Tesla by 2.8% during the 3rd quarter. Equita Financial Network Inc. now owns 855 shares of the electric vehicle producer’s stock worth $380,000 after purchasing an additional 23 shares during the last quarter. VanderPol Investments L.L.C. grew its position in Tesla by 2.2% during the 3rd quarter. VanderPol Investments L.L.C. now owns 1,070 shares of the electric vehicle producer’s stock worth $464,000 after purchasing an additional 23 shares during the last quarter. Resonant Capital Advisors LLC grew its position in Tesla by 0.3% during the 3rd quarter. Resonant Capital Advisors LLC now owns 8,577 shares of the electric vehicle producer’s stock worth $3,814,000 after purchasing an additional 23 shares during the last quarter. Finally, Cloud Capital Management LLC grew its position in Tesla by 1.1% during the 3rd quarter. Cloud Capital Management LLC now owns 2,076 shares of the electric vehicle producer’s stock worth $923,000 after purchasing an additional 23 shares during the last quarter. Hedge funds and other institutional investors own 66.20% of the company’s stock.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Q1 earnings beat and surprise cash flow — Tesla reported adjusted EPS above consensus and delivered positive free cash flow for Q1, which initially supported the shares after the print. Earnings Transcript
• Positive Sentiment: Software & services strength — Full‑Self‑Driving (supervised) subscriptions and robotaxi miles showed noticeable growth, underscoring Tesla’s shift toward higher-margin software/revenue streams. Robotaxi & FSD Update
• Positive Sentiment: Operational wins in Europe — Tesla plans to add ~1,000 jobs in Germany to raise Model Y output, supporting regional production and delivery momentum. Germany Jobs
• Neutral Sentiment: Mixed analyst takeaways — Wall Street reactions are split: some see the higher capex as necessary for the AI/robotics pivot, others call it a valuation risk; expect continued analyst revisions. Analyst Reaction
• Neutral Sentiment: 10‑Q disclosure of a $2B AI/hardware deal — a one‑sentence acquisition disclosure raised questions because Tesla didn’t name the target or describe the tech; strategic but unclear near‑term impact. AI Acquisition
• Negative Sentiment: Massive capex ramp and negative cash‑flow guidance — management raised 2026 capital spending toward ~$25B+, warning cash flow will likely turn negative for the rest of the year; that higher bill is the main driver of the selloff. CapEx Plan
• Negative Sentiment: More cautious self‑driving roadmap — Elon Musk said many existing cars (HW3) won’t achieve unsupervised FSD without hardware upgrades, and timelines for Optimus/robotaxi revenue were softened; that revises a key part of Tesla’s long‑dated upside case. FSD/Hardware Comments
• Negative Sentiment: Revenue/delivery softness — Q1 revenue missed some estimates and deliveries came in under some forecasts, feeding concerns about near‑term demand as EV incentives fade in key markets. Revenue & Demand
• Negative Sentiment: Analyst price‑target moves and sentiment stress — several firms trimmed targets or reiterated neutral/hold views after the call, amplifying selling pressure. Analyst PT Changes

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.