Tesla (NASDAQ:TSLA) Given “Outperform” Rating at Wedbush

Tesla (NASDAQ:TSLA)‘s stock had its “outperform” rating reiterated by analysts at Wedbush in a research note issued on Friday,Benzinga reports. They currently have a $600.00 price target on the electric vehicle producer’s stock. Wedbush’s price objective suggests a potential upside of 61.24% from the company’s current price.

Other analysts have also recently issued research reports about the company. Bank of America assumed coverage on Tesla in a research report on Wednesday, March 4th. They issued a “buy” rating and a $460.00 target price for the company. Canaccord Genuity Group set a $520.00 price objective on Tesla in a research note on Thursday, January 29th. Needham & Company LLC restated a “hold” rating on shares of Tesla in a research report on Thursday, January 29th. President Capital lowered their target price on Tesla from $517.00 to $500.00 and set a “buy” rating on the stock in a research note on Friday, January 30th. Finally, Truist Financial reduced their price target on shares of Tesla from $439.00 to $438.00 and set a “hold” rating for the company in a research report on Thursday, January 29th. Nineteen investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and nine have issued a Sell rating to the stock. Based on data from MarketBeat.com, Tesla presently has an average rating of “Hold” and an average target price of $406.84.

Tesla Stock Down 3.6%

TSLA stock opened at $372.11 on Friday. 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 firm has a market capitalization of $1.40 trillion, a P/E ratio of 344.55, a P/E/G ratio of 11.41 and a beta of 1.89. Tesla has a 52-week low of $214.25 and a 52-week high of $498.83. The company’s 50 day simple moving average is $409.72 and its 200-day simple moving average is $427.68.

Tesla (NASDAQ:TSLA) last posted its quarterly earnings data on Wednesday, January 28th. The electric vehicle producer reported $0.50 EPS for the quarter, topping analysts’ consensus estimates of $0.45 by $0.05. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The firm had revenue of $24.90 billion during the quarter, compared to analyst estimates of $24.75 billion. During the same quarter last year, the business posted $0.73 EPS. The company’s revenue was down 3.1% on a year-over-year basis. As a group, equities research analysts anticipate that Tesla will post 2.56 EPS for the current year.

Insider Transactions at Tesla

In related news, CFO Vaibhav Taneja sold 2,264 shares of the business’s stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $397.03, for a total value 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 approximately $7,188,625.18. The trade was a 11.11% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director James R. Murdoch sold 60,000 shares of the firm’s stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $445.40, for a total transaction of $26,724,000.00. Following the transaction, the director directly owned 577,031 shares in the company, valued at approximately $257,009,607.40. The trade was a 9.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 87,995 shares of company stock valued at $38,315,650 in the last three months. Corporate insiders own 19.90% of the company’s stock.

Institutional Investors Weigh In On Tesla

A number of large investors have recently bought and sold shares of the business. Networth Advisors LLC acquired a new position in shares of Tesla during the 4th quarter valued at about $26,000. Chapman Financial Group LLC bought a new stake in Tesla during the second quarter worth approximately $26,000. Davidson Capital Management Inc. grew its holdings in Tesla by 79.4% during the fourth quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer’s stock valued at $27,000 after purchasing an additional 27 shares during the last quarter. Manning & Napier Advisors LLC acquired a new position in Tesla during the third quarter valued at approximately $29,000. Finally, CoreFirst Bank & Trust bought a new position in shares of Tesla in the second quarter valued at approximately $30,000. 66.20% of the stock is currently owned by institutional investors.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Wedbush’s Daniel Ives reiterates a bullish AI/“TeraFab” narrative for Tesla, calling the company an emerging AI powerhouse — supports a longer-term growth story tied to chips, Optimus and robotics. Daniel Ives Doubles Down on Tesla Stock
• Positive Sentiment: Erste Group raised FY2027 EPS estimates modestly — a sign some sell‑side analysts still see upside from Tesla’s transition into AI/hardware investments. MarketBeat Tesla Page
• Positive Sentiment: Tesla’s tech developments (new, cheaper Supercharger, vertical semiconductor moves and comments about next‑gen AI chip “tape out”) reinforce the company’s shift toward vertically integrated AI hardware — this helps the long‑term thesis even as auto growth slows. Tesla Releases New Supercharger
• Neutral Sentiment: SpaceX IPO chatter and merger/terafab speculation remain a market narrative that can lift TSLA sentiment intermittently, but benefits are speculative and timing is unclear. SpaceX Prepares for Potential Mega IPO Filing
• Neutral Sentiment: Tesla filed a site plan for an “ecological paradise” near the Austin Gigafactory — positive for local permitting/community relations but immaterial to near‑term revenue. Tesla files site plan for ‘ecological paradise’
• Neutral Sentiment: Political noise around Elon Musk offering to pay TSA wages (White House declined) keeps headlines on Musk’s public role in the news cycle — reputational/legal questions that are watch‑items but not immediate fundamentals. White House Rejects Elon Musk Offer
• Negative Sentiment: Tesla-published delivery consensus and company comments show Q1 Q/Q softness (consensus ~365k) and management/analysts trimmed 2026 delivery guidance to ~1.69M units — the clearest near‑term catalyst for share weakness. Tesla Cuts 2026 Delivery Outlook to 1.69 Million Units
• Negative Sentiment: Analysts are cutting delivery and earnings expectations and investors are marking down near‑term auto cashflows — multiple outlets report accelerating analyst caution and estimate trims. Tesla Stock Slides as Analysts Cut Delivery Outlook
• Negative Sentiment: Competition in China is intensifying (new premium rival with strong early orders) and brand perception surveys show weakening trust — pressure on pricing, mix and unit growth in Tesla’s largest market. Tesla China Demand Faces More Pressure

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.