Zacks Research Forecasts Tesla’s Q3 Earnings (NASDAQ:TSLA)

Tesla, Inc. (NASDAQ:TSLA) – Stock analysts at Zacks Research dropped their Q3 2026 earnings per share (EPS) estimates for Tesla in a research report issued to clients and investors on Tuesday, March 31st. Zacks Research analyst Team now forecasts that the electric vehicle producer will earn $0.26 per share for the quarter, down from their prior forecast of $0.28. Zacks Research currently has a “Strong Sell” rating on the stock. The consensus estimate for Tesla’s current full-year earnings is $2.56 per share. Zacks Research also issued estimates for Tesla’s Q4 2026 earnings at $0.25 EPS, FY2026 earnings at $0.97 EPS, Q1 2027 earnings at $0.21 EPS, Q3 2027 earnings at $0.19 EPS, Q4 2027 earnings at $0.32 EPS, FY2027 earnings at $0.94 EPS and Q1 2028 earnings at $0.26 EPS.

Tesla (NASDAQ:TSLA) last issued its quarterly earnings results 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. The business had revenue of $24.90 billion during the quarter, compared to analysts’ expectations of $24.75 billion. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The business’s quarterly revenue was down 3.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.73 earnings per share.

TSLA has been the topic of a number of other research reports. TD Cowen raised their target price on shares of Tesla from $509.00 to $519.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. Morgan Stanley set a $415.00 target price on shares of Tesla and gave the stock an “equal weight” rating in a research note on Thursday, January 29th. Glj Research reissued a “sell” rating on shares of Tesla in a research note on Monday. The Goldman Sachs Group reiterated a “neutral” rating and set a $405.00 price target on shares of Tesla in a research report on Thursday, January 29th. Finally, Cantor Fitzgerald restated an “overweight” rating and issued a $510.00 price target on shares of Tesla in a research note on Thursday, January 29th. Nineteen investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and ten have issued a Sell rating to the company. Based on data from MarketBeat.com, Tesla currently has an average rating of “Hold” and an average target price of $403.98.

Tesla Stock Performance

Tesla stock opened at $381.26 on Thursday. 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 company’s 50-day moving average is $404.61 and its 200 day moving average is $428.32. Tesla has a 1-year low of $214.25 and a 1-year high of $498.83. The firm has a market capitalization of $1.43 trillion, a P/E ratio of 353.02, a price-to-earnings-growth ratio of 11.00 and a beta of 1.91.

Insider Buying and Selling at Tesla

In related news, Director James R. Murdoch sold 60,000 shares of Tesla stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $445.40, for a total transaction of $26,724,000.00. Following the completion of the transaction, the director directly owned 577,031 shares of the company’s stock, valued at approximately $257,009,607.40. The trade was a 9.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Kathleen Wilson-Thompson sold 25,731 shares of the stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $415.56, for a total transaction of $10,692,774.36. Following the transaction, the director owned 19,669 shares in the company, valued at approximately $8,173,649.64. The trade was a 56.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 87,995 shares of company stock valued at $38,315,650. Corporate insiders own 19.90% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Networth Advisors LLC bought a new stake in Tesla during the fourth quarter worth approximately $26,000. Davidson Capital Management Inc. lifted its holdings in shares of Tesla by 79.4% in 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 in the last quarter. Turning Point Benefit Group Inc. acquired a new position in Tesla during the third quarter valued at $30,000. Manning & Napier Advisors LLC acquired a new stake in Tesla during the 3rd quarter worth about $29,000. Finally, Prism Advisors Inc. acquired a new stake in shares of Tesla during the fourth quarter worth approximately $30,000. Institutional investors and hedge funds own 66.20% of the company’s stock.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: China-made EV sales rose 8.7% year‑over‑year in March to 85,670 cars, extending a multi‑month recovery at Tesla’s Shanghai plant — a near‑term demand positive for revenue and supply‑chain utilization. Read More.
• Positive Sentiment: European registrations showed strong signs of recovery: French monthly registrations more than tripled in March and Spain sales rose ~25% YoY — evidence demand is rebounding in key markets after last year’s share loss. Read More.
• Positive Sentiment: Uber’s CEO said he hopes to integrate Tesla robotaxis onto Uber’s platform when FSD becomes safer — a validation of Tesla’s autonomous/robotaxi opportunity that supports the long‑term revenue narrative. Read More.
• Positive Sentiment: Rivian’s U.S. sales fell for a fourth straight month ahead of its R2 launch — this competitor weakness is a modest relative positive for Tesla in the near term. Read More.
• Neutral Sentiment: SpaceX reportedly filed confidentially for an IPO — a major market story given Elon Musk’s stakes in both companies; outcome could shift investor focus or capital flows but the direct near‑term impact on TSLA is uncertain. Read More.
• Neutral Sentiment: Elon Musk says FSD 14.3 is set for a broader release this week — if rollout goes smoothly it could re‑accelerate the autonomy story; results and regulatory reaction will determine market impact. Read More.
• Negative Sentiment: Zacks cut estimates and moved Tesla to a “Strong Sell” with lower Q2/FY outlooks — another analyst downgrade that increases short‑term selling pressure and highlights earnings risk versus lofty valuation. Read More.
• Negative Sentiment: Regulatory/industry criticism persists — Euro NCAP and safety scrutiny of supervised Full Self‑Driving remain headwinds that could slow deployments or invite oversight, adding execution risk to the robotaxi thesis. Read More.

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.