Tesla, Inc. (NASDAQ:TSLA – Free Report) – Equities research analysts at Zacks Research lowered their Q4 2026 EPS estimates for Tesla in a research note issued to investors on Wednesday, November 4th. Zacks Research analyst Team now forecasts that the electric vehicle producer will post earnings per share of $0.15 for the quarter, down from their previous forecast of $0.16. The consensus estimate for Tesla’s current full-year earnings is $0.67 per share. Zacks Research also issued estimates for Tesla’s Q1 2027 earnings at $0.03 EPS.
Tesla (NASDAQ:TSLA – Get Free Report) last posted its earnings results on Wednesday, October 21st. The electric vehicle producer reported $0.48 EPS for the quarter, beating the consensus estimate of $0.46 by $0.02. The company 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 3.03% and a net margin of 3.11%. The firm’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 earnings per share.
Several other research analysts have also recently weighed in on the company. BNP Paribas Exane upgraded Tesla from an “underperform” rating to a “neutral” rating and increased their price objective for the stock from $266.00 to $420.00 in a research report on Thursday, October 22nd. Glj Research reissued a “sell” rating on shares of Tesla in a research report on Thursday. Royal Bank Of Canada lowered shares of Tesla from an “outperform” rating to a “sector perform” rating in a research report on Thursday, October 22nd. Stifel Nicolaus set a $475.00 price target on shares of Tesla in a research report on Thursday, October 22nd. Finally, Wall Street Zen cut shares of Tesla from a “hold” rating to a “sell” rating in a research note on Saturday, October 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, sixteen have issued a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $414.51.
Read Our Latest Stock Report on TSLA
Tesla Stock Performance
TSLA opened at $343.69 on Friday. The business has a fifty day simple moving average of $372.07 and a 200 day simple moving average of $384.65. The company has a market capitalization of $1.36 trillion, a PE ratio of 377.69, a price-to-earnings-growth ratio of 23.86 and a beta of 1.74. Tesla has a 1 year low of $297.38 and a 1 year high of $498.83. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.74 and a quick ratio of 1.39.
Institutional Investors Weigh In On Tesla
Large investors have recently bought and sold shares of the company. Legal & General Group Plc bought a new position in shares of Tesla in the second quarter worth about $8,535,612,000. Bank of New York Mellon Corp acquired a new stake in shares of Tesla in the 2nd quarter valued at approximately $6,083,630,000. Deutsche Bank AG bought a new stake in shares of Tesla during the 2nd quarter valued at approximately $4,039,090,000. Canada Pension Plan Investment Board bought a new stake in shares of Tesla during the 2nd quarter valued at approximately $3,144,509,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in Tesla during the 2nd quarter worth approximately $2,995,584,000. 66.20% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity
In related news, CFO Vaibhav Taneja sold 2,606 shares of the firm’s 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 transaction, the chief financial officer owned 25,972 shares in the company, valued at approximately $9,353,296.36. This trade represents a 9.12% decrease in their ownership of the stock. The sale 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 20.00% of the company’s stock.
Key Headlines Impacting Tesla
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: ETF purchases offered a modest demand signal: funds bought $91.1 million of Tesla shares on Nov. 4, including $82.6 million added by the State Street Consumer Discretionary ETF. ETFs Are Buying Tesla
- Neutral Sentiment: CEO Elon Musk says Tesla will wind down Cybertruck production at its Texas factory around mid-2027 and use the space for more two-seat Cybercab robotaxis. The shift could support Tesla’s autonomy strategy, but also raises questions about Cybertruck demand and whether robotaxis can generate stronger returns. Reuters Cybertruck report
- Negative Sentiment: Zacks Research lowered its Tesla EPS estimates to $0.15 for Q4 2026 from $0.16 and to $0.03 for Q1 2027 from $0.06, adding to concerns about near-term earnings. The full-year consensus estimate is $0.67 per share. Tesla estimates
- Negative Sentiment: Tesla has also been caught in a broader technology-led selloff. Investors are concerned that Democratic control of Congress could bring greater scrutiny of Musk’s companies and complicate data-center, AI, and potential merger plans. Reuters on political and regulatory concerns
About Tesla
Tesla, Inc designs, develops, manufactures and sells electric vehicles and energy products. Its vehicle lineup includes the Model S, Model 3, Model X, Model Y and Cybertruck, along with related software and services.
The company also provides energy generation and storage products, including solar systems, Powerwall home batteries and Megapack utility-scale storage. Its services include vehicle maintenance, charging through the Supercharger network and software features for its vehicles.
Founded in 2003 and headquartered in Austin, Texas, Tesla serves customers in markets around the world.
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