Tesla (NASDAQ:TSLA) Upgraded by Zacks Research to Hold Rating

Zacks Research upgraded shares of Tesla (NASDAQ:TSLA) from a strong sell rating to a hold rating in a research report sent to investors on Tuesday morning,Zacks.com reports.

Several other equities analysts have also issued reports on TSLA. Cantor Fitzgerald restated an “overweight” rating and issued a $510.00 target price on shares of Tesla in a report on Wednesday, April 22nd. Truist Financial dropped their target price on shares of Tesla from $438.00 to $400.00 and set a “hold” rating on the stock in a report on Thursday, April 2nd. New Street Research boosted their target price on shares of Tesla from $520.00 to $600.00 and gave the company a “buy” rating in a report on Tuesday, January 6th. Bank of America assumed coverage on shares of Tesla in a report on Wednesday, March 4th. They issued a “buy” rating and a $460.00 target price on the stock. Finally, The Goldman Sachs Group restated a “neutral” rating on shares of Tesla in a report on Thursday, April 23rd. Nineteen research analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and five have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $398.42.

Tesla Price Performance

Shares of NASDAQ TSLA opened at $372.80 on Tuesday. Tesla has a twelve month low of $270.78 and a twelve month high of $498.83. The firm has a fifty day simple moving average of $383.70 and a 200 day simple moving average of $419.55. The company has a market capitalization of $1.40 trillion, a PE ratio of 342.02, a P/E/G ratio of 13.59 and a beta of 1.91. The company has a quick ratio of 1.62, a current ratio of 2.04 and a debt-to-equity ratio of 0.09.

Tesla (NASDAQ:TSLA) last released its earnings results on Wednesday, April 22nd. The electric vehicle producer reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.02. The business had revenue of $22.39 billion for the quarter, compared to analyst estimates of $22.96 billion. Tesla had a net margin of 3.95% and a return on equity of 4.89%. Tesla’s revenue for the quarter was up 15.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.27 earnings per share. On average, sell-side analysts forecast that Tesla will post 1.32 EPS for the current year.

Insiders Place Their Bets

In other Tesla news, Director Kathleen Wilson-Thompson sold 25,809 shares of the company’s stock in a transaction on Monday, March 30th. The shares were sold at an average price of $359.33, for a total transaction of $9,273,947.97. Following the transaction, the director owned 33,860 shares in the company, valued at approximately $12,166,913.80. This represents a 43.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Vaibhav Taneja sold 2,264 shares of the company’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $397.03, for a total transaction of $898,875.92. Following the transaction, the chief financial officer owned 18,106 shares in the company, valued at approximately $7,188,625.18. The trade was a 11.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 53,804 shares of company stock worth $20,865,598 in the last quarter. 19.90% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of TSLA. Brighton Jones LLC raised its holdings in Tesla by 11.8% during the fourth quarter. Brighton Jones LLC now owns 87,929 shares of the electric vehicle producer’s stock worth $35,509,000 after buying an additional 9,293 shares during the last quarter. Revolve Wealth Partners LLC raised its holdings in Tesla by 21.2% during the fourth quarter. Revolve Wealth Partners LLC now owns 5,317 shares of the electric vehicle producer’s stock worth $2,147,000 after buying an additional 931 shares during the last quarter. Bison Wealth LLC raised its holdings in Tesla by 52.2% during the fourth quarter. Bison Wealth LLC now owns 10,368 shares of the electric vehicle producer’s stock worth $4,187,000 after buying an additional 3,558 shares during the last quarter. Sivia Capital Partners LLC raised its holdings in Tesla by 9.1% during the second quarter. Sivia Capital Partners LLC now owns 12,135 shares of the electric vehicle producer’s stock worth $3,855,000 after buying an additional 1,011 shares during the last quarter. Finally, AGP Franklin LLC raised its holdings in Tesla by 21.2% during the second quarter. AGP Franklin LLC now owns 4,861 shares of the electric vehicle producer’s stock worth $1,544,000 after buying an additional 851 shares during the last quarter. Institutional investors and hedge funds own 66.20% of the company’s stock.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: First Tesla Semi rolling off a high‑volume production line — execution proof that Tesla can scale new product lines (supports long‑term revenue diversification). First Tesla Semi rolls off high-volume production line
• Positive Sentiment: Sell‑side support remains in places — Deutsche Bank reaffirmed a “buy” rating, providing some analyst backing amid the pullback. Deutsche Bank gives a buy rating
• Neutral Sentiment: Q1 was mixed: EPS beat but revenue missed and investors remain focused on margins, capex and the timeline for autonomy/robotics to contribute meaningfully to profits. That keeps the stock rangebound until clearer revenue/cash‑flow signals arrive. Great News for Tesla Stock Investors
• Neutral Sentiment: Progress on robotaxi/Cybercab and Optimus (humanoid robot) was confirmed — important long‑term optionality but timelines remain uncertain, so market reaction is tempered. Tesla’s Cybercab Is Finally Real—But Is It Enough? Tesla Stock Rises. Elon Musk Talks Up ‘Special’ Optimus 3 Robot.
• Negative Sentiment: Erste Group cut FY2026 and FY2027 EPS estimates materially (FY2026 to $1.18, FY2027 to $1.65), signaling lower near‑term earnings expectations and adding selling pressure. Erste Group cuts TSLA estimates
• Negative Sentiment: Rising competition in China: NIO unveiled a lower‑priced Onvo L80 SUV targeting the Model Y, which can pressure Tesla’s China volumes and margins if competitors keep undercutting price points. NIO stock soars after Onvo L80 reveal
• Negative Sentiment: Analyst/market skepticism around the timing of big bets (robotaxi, Optimus) plus a large planned capex runway keeps valuation under pressure despite product progress — which helps explain the pullback in the share price. Tesla stock down amid robotaxi setbacks

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.