Tesla (NASDAQ:TSLA – Get Free Report)‘s stock had its «hold» rating reaffirmed by equities researchers at China Renaissance in a report issued on Friday,Benzinga reports. They presently have a $349.00 target price on the electric vehicle producer’s stock. China Renaissance’s price objective suggests a potential upside of 14.31% from the company’s previous close.
Several other research firms have also weighed in on TSLA. Roth Mkm dropped their price objective on shares of Tesla from $450.00 to $395.00 and set a «buy» rating on the stock in a research note on Wednesday, April 23rd. Royal Bank Of Canada reduced their price target on Tesla from $314.00 to $307.00 and set an «outperform» rating for the company in a research report on Wednesday, April 23rd. The Goldman Sachs Group decreased their price target on Tesla from $315.00 to $285.00 and set a «neutral» rating for the company in a research note on Friday, July 11th. Stifel Nicolaus set a $450.00 price target on Tesla and gave the company a «buy» rating in a report on Thursday, April 24th. Finally, UBS Group set a $290.00 price objective on shares of Tesla in a research note on Monday, June 30th. Ten equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Tesla has a consensus rating of «Hold» and a consensus price target of $302.75.
Get Our Latest Stock Report on Tesla
Tesla Stock Performance
Shares of TSLA stock opened at $305.30 on Friday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.54 and a current ratio of 2.00. Tesla has a one year low of $182.00 and a one year high of $488.54. The company’s 50-day simple moving average is $325.38 and its 200-day simple moving average is $315.19. The stock has a market capitalization of $983.36 billion, a price-to-earnings ratio of 176.47, a PEG ratio of 12.63 and a beta of 2.39.
Tesla (NASDAQ:TSLA – Get Free Report) last issued its quarterly earnings results on Wednesday, July 23rd. The electric vehicle producer reported $0.40 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.03). Tesla had a return on equity of 8.11% and a net margin of 6.54%. The company had revenue of $22.50 billion for the quarter, compared to the consensus estimate of $23.18 billion. During the same period in the previous year, the business posted $0.52 EPS. The business’s revenue for the quarter was down 11.8% on a year-over-year basis. Equities analysts anticipate that Tesla will post 2.56 earnings per share for the current fiscal year.
Insider Activity
In other Tesla news, CFO Vaibhav Taneja sold 6,000 shares of the business’s stock in a transaction on Monday, June 2nd. The shares were sold at an average price of $341.02, for a total transaction of $2,046,120.00. Following the completion of the transaction, the chief financial officer owned 1,950 shares of the company’s stock, valued at $664,989. The trade was a 75.47% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Robyn M. Denholm sold 112,395 shares of the business’s stock in a transaction on Tuesday, May 6th. The stock was sold at an average price of $274.12, for a total transaction of $30,809,717.40. Following the transaction, the director directly owned 85,000 shares of the company’s stock, valued at approximately $23,300,200. This represents a 56.94% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 835,509 shares of company stock worth $279,420,485. Insiders own 20.70% of the company’s stock.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of the company. Eagle Capital Management LLC bought a new position in shares of Tesla during the 4th quarter worth about $331,000. Brighton Jones LLC increased its holdings in shares of Tesla by 11.8% during the 4th quarter. Brighton Jones LLC now owns 87,929 shares of the electric vehicle producer’s stock worth $35,509,000 after purchasing an additional 9,293 shares during the period. Revolve Wealth Partners LLC increased its holdings in shares of Tesla by 21.2% during the 4th quarter. Revolve Wealth Partners LLC now owns 5,317 shares of the electric vehicle producer’s stock worth $2,147,000 after purchasing an additional 931 shares during the period. Mascagni Wealth Management Inc. bought a new position in shares of Tesla during the 4th quarter worth about $346,000. Finally, Highview Capital Management LLC DE bought a new stake in Tesla in the fourth quarter valued at about $2,367,000. Institutional investors and hedge funds own 66.20% of the company’s stock.
Tesla Company Profile
Tesla, Inc designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Tesla, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Tesla wasn’t on the list.
While Tesla currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
MarketBeat’s analysts have just released their top five short plays for August 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
