Tesla (NASDAQ:TSLA – Get Free Report)‘s stock had its “outperform” rating reissued by stock analysts at Royal Bank Of Canada in a note issued to investors on Thursday, Benzinga reports. They currently have a $480.00 target price on the electric vehicle producer’s stock. Royal Bank Of Canada‘s price target indicates a potential upside of 28.14% from the stock’s current price.
Other equities research analysts have also recently issued reports about the company. Morgan Stanley reaffirmed a “reduce” rating on shares of Tesla in a research note on Monday, September 14th. Yorkville Ives assumed coverage on Tesla in a research report on Wednesday, October 7th. They set an “outperform” rating and a $500.00 price objective for the company. HSBC restated a “reduce” rating and set a $157.00 target price on shares of Tesla in a report on Monday, October 5th. Roth Capital reaffirmed a “buy” rating and issued a $505.00 target price on shares of Tesla in a research report on Thursday, July 23rd. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Tesla in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, twenty-four have given a Buy rating, twenty have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $408.61.
Check Out Our Latest Stock Analysis on Tesla
Tesla Stock Down 3.1%
TSLA traded down $11.89 on Thursday, hitting $374.58. The company had a trading volume of 51,407,696 shares, compared to its average volume of 50,642,859. The stock has a fifty day simple moving average of $363.41 and a 200-day simple moving average of $377.25. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.94 and a quick ratio of 1.55. The firm has a market capitalization of $1.48 trillion, a P/E ratio of 346.84, a P/E/G ratio of 23.73 and a beta of 1.92. Tesla has a 52-week low of $297.38 and a 52-week high of $498.83.
Tesla (NASDAQ:TSLA – Get Free Report) last posted its earnings results on Thursday, October 22nd. The electric vehicle producer reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.45 by $0.03. The firm had revenue of $28.05 billion for the quarter, compared to the consensus estimate of $28.06 billion. Tesla had a return on equity of 3.82% and a net margin of 3.67%. The business’s revenue for the quarter was down .2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.50 EPS. As a group, equities analysts expect that Tesla will post 0.71 EPS for the current fiscal year.
Insider Transactions at Tesla
In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of Tesla stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $360.13, for a total value of $938,498.78. Following the completion of the sale, the chief financial officer owned 25,972 shares of the company’s stock, valued at approximately $9,353,296.36. This trade represents a 9.12% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 19.90% of the company’s stock.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the business. State Street Corp increased its holdings in Tesla by 2.4% during the second quarter. State Street Corp now owns 117,456,756 shares of the electric vehicle producer’s stock valued at $49,402,312,000 after buying an additional 2,761,298 shares during the last quarter. Amundi boosted its stake in shares of Tesla by 14.0% during the 1st quarter. Amundi now owns 22,174,884 shares of the electric vehicle producer’s stock worth $8,243,513,000 after acquiring an additional 2,727,141 shares during the last quarter. Legal & General Group Plc bought a new stake in shares of Tesla during the 2nd quarter valued at $8,535,612,000. Bank of New York Mellon Corp bought a new stake in shares of Tesla during the 2nd quarter valued at $6,083,630,000. Finally, Bamco Inc. NY increased its stake in shares of Tesla by 5.0% in the 2nd quarter. Bamco Inc. NY now owns 12,524,752 shares of the electric vehicle producer’s stock worth $5,267,911,000 after purchasing an additional 591,243 shares in the last quarter. 66.20% of the stock is owned by institutional investors.
More Tesla News
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Earnings and cash flow beat expectations. Tesla reported adjusted EPS of $0.48 versus the $0.45 consensus estimate and generated approximately $1.5 billion in free cash flow. Vehicle deliveries stabilized, services revenue grew, and Tesla said it has delivered more than 10 million vehicles. Tesla Q3 results
- Positive Sentiment: Full Self-Driving adoption remains a key bull-case catalyst. More than 75% of North American deliveries included paid FSD subscriptions, with subscriptions reportedly rising 67% year over year. Supportive analysts view FSD, robotaxis, Optimus and Megapack as potential drivers of future software-like revenue. Tesla FSD subscriptions
- Positive Sentiment: Robotaxi and robotics expansion support long-term optionality. Tesla plans to expand its Cybercab service beyond Austin and has begun producing Optimus humanoid robots in Fremont. Several analysts raised targets, including Morgan Stanley to $410, JPMorgan to $430, Mizuho to $460 and RBC to $480. Tesla Cybercab expansion
- Neutral Sentiment: A potential SpaceX-Tesla merger remains the biggest speculative driver. Tesla and SpaceX formed independent committees to study a combination, which could unite AI, chips, robotics, energy, satellites and transportation assets. However, Musk is excluded from negotiations because of conflicts, requires approval from both boards and Tesla shareholders, and says a deal is not certain. Valuation, regulation, China operations and possible shareholder dilution remain major obstacles. Tesla-SpaceX merger talks
- Negative Sentiment: Core financial trends disappointed investors. Revenue was essentially flat year over year at about $28.05 billion, operating income fell 56%, and automotive revenue declined. Energy revenue also missed expectations, reinforcing concerns that Tesla’s current valuation depends heavily on unproven future businesses.
- Negative Sentiment: The 2026 capital-expenditure reduction raised strategic concerns. Tesla cut its planned 2026 CapEx to $20 billion from more than $25 billion. While this may protect near-term cash flow, investors questioned whether the pullback signals slower progress in AI infrastructure, robotaxis and Optimus. A broad Nasdaq technology selloff, renewed AI-spending doubts and higher oil prices added pressure. Tesla spending pullback
Tesla Company Profile
Tesla, Inc is an electric vehicle and clean energy company headquartered in Austin, Texas. Founded in 2003, the company designs, manufactures and sells electric vehicles, including the Model S, Model 3, Model X, Model Y and Cybertruck. Tesla also develops vehicle software, driver-assistance features and related services intended to support the operation and ownership of its vehicles.
Beyond automobiles, Tesla produces energy storage products for residential, commercial and utility-scale applications, including the Powerwall and Megapack.
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