BNP Paribas Exane Issues Pessimistic Forecast for Tesla (NASDAQ:TSLA) Stock Price

Tesla (NASDAQ:TSLAGet Free Report) had its price target decreased by analysts at BNP Paribas Exane from $280.00 to $268.00 in a research report issued to clients and investors on Thursday. The brokerage presently has an “underperform” rating on the electric vehicle producer’s stock. BNP Paribas Exane’s target price would indicate a potential downside of 29.50% from the stock’s previous close.

A number of other research analysts have also recently weighed in on TSLA. Guggenheim assumed coverage on shares of Tesla in a report on Monday, June 29th. They issued a “neutral” rating for the company. JPMorgan Chase & Co. dropped their price target on shares of Tesla from $475.00 to $445.00 and set a “neutral” rating on the stock in a research report on Thursday, July 23rd. BTIG Research cut shares of Tesla to a “neutral” rating in a research note on Friday, June 5th. DZ Bank raised Tesla from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 23rd. Finally, Glj Research restated a “sell” rating on shares of Tesla in a research note on Friday, September 4th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, nineteen have assigned a Hold rating and five have issued 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 $411.89.

Check Out Our Latest Analysis on TSLA

Tesla Stock Up 0.3%

Shares of NASDAQ TSLA opened at $380.12 on Thursday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.94 and a quick ratio of 1.55. Tesla has a one year low of $297.38 and a one year high of $498.83. The stock has a market capitalization of $1.50 trillion, a P/E ratio of 351.97, a PEG ratio of 19.13 and a beta of 1.84. The firm’s 50 day simple moving average is $348.16 and its two-hundred day simple moving average is $379.10.

Tesla (NASDAQ:TSLAGet Free Report) last released its quarterly earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.17). The firm had revenue of $28.24 billion during the quarter, compared to analysts’ expectations of $26.42 billion. Tesla had a return on equity of 3.82% and a net margin of 3.67%.The business’s quarterly revenue was up 25.5% on a year-over-year basis. During the same quarter last year, the business earned $0.33 earnings per share. As a group, analysts expect that Tesla will post 0.88 EPS for the current fiscal year.

Insider Activity

In other 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 directly owned 25,972 shares in the company, valued at $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 available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 19.90% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Tesla

A number of institutional investors have recently added to or reduced their stakes in the business. Marks Group Wealth Management Inc grew its stake in Tesla by 1.7% in the fourth quarter. Marks Group Wealth Management Inc now owns 1,512 shares of the electric vehicle producer’s stock valued at $680,000 after purchasing an additional 25 shares in the last quarter. Clear Trail Advisors LLC boosted its position in shares of Tesla by 1.6% in the first quarter. Clear Trail Advisors LLC now owns 1,628 shares of the electric vehicle producer’s stock valued at $605,000 after acquiring an additional 25 shares during the period. Peirce Capital Management LLC grew its holdings in Tesla by 1.5% in the second quarter. Peirce Capital Management LLC now owns 1,657 shares of the electric vehicle producer’s stock worth $697,000 after purchasing an additional 25 shares during the period. Community Bank & Trust Waco Texas boosted its stake in Tesla by 1.7% during the 4th quarter. Community Bank & Trust Waco Texas now owns 1,581 shares of the electric vehicle producer’s stock worth $711,000 after purchasing an additional 26 shares during the period. Finally, WealthTrust Axiom LLC increased its holdings in shares of Tesla by 1.6% in the fourth quarter. WealthTrust Axiom LLC now owns 1,630 shares of the electric vehicle producer’s stock valued at $733,000 after buying an additional 26 shares in the last quarter. 66.20% of the stock is currently owned by institutional investors.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

  • Positive Sentiment: Tesla was selected as the primary supplier for a record 2,500-truck electric Class 8 fleet order spanning 10 U.S. freight hubs. The order strengthens the commercial opportunity for the Tesla Semi and provides a significant demand signal beyond passenger vehicles. Tesla wins lead role in 2,500-truck electric Class 8 order
  • Positive Sentiment: Tesla’s new “Accordion” Supercharger station is being presented as a faster, more flexible way to expand charging capacity. Better network economics could reinforce Tesla’s charging advantage and support future vehicle and energy sales. Tesla Makes Brilliant Supercharger Move but BYD Is Closer in the Mirror Than It Appears
  • Positive Sentiment: The Cybercab is using nickel cathode material produced at Gigafactory Texas, highlighting domestic supply-chain integration and potentially reducing exposure to tariffs and overseas sourcing. Tesla Cybercab Goes Made in Texas
  • Positive Sentiment: Fitch awarded Tesla its first BBB investment-grade rating, which may broaden financing access as the company pursues roughly $25 billion in expansion and AI-related spending. Grok’s expanded in-car capabilities and a planned Roadster reveal also provide additional product catalysts. Tesla Rises as BBB Rating Meets a $25 Billion Buildout
  • Neutral Sentiment: Tesla’s Bitcoin holdings have approached $1 billion in value as cryptocurrency prices rebounded, offering a paper-asset tailwind but also adding volatility unrelated to the company’s core operations. Tesla’s Bitcoin Stash Nears $1B
  • Negative Sentiment: A Belgian road-safety group reported that supervised FSD frequently exceeded speed limits and attempted prohibited cyclist passes. The findings could increase regulatory, liability and reputational risks for Tesla’s autonomy strategy. Tesla’s supervised self-driving system often misreads speed limits
  • Negative Sentiment: Tesla still has no automaker customers licensing FSD, limiting near-term monetization of the technology. Analysts also continue to flag weaker deliveries, Cybertruck sales well below Elon Musk’s original target, and growing competition from BYD and new low-cost EV makers. Tesla Has Offered FSD to Rivals for Years and Still Has Zero Takers

About Tesla

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Tesla, Inc is an American technology and automotive company that designs, develops, manufactures and sells electric vehicles and related energy products. Its vehicle lineup has included the Model S, Model 3, Model X, Model Y and Cybertruck, along with commercial and specialty products such as the Tesla Semi.

The company also develops energy-generation and storage products, including solar panels, solar roofing systems and battery storage solutions for residential, commercial and utility customers.

Further Reading

Analyst Recommendations for Tesla (NASDAQ:TSLA)

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