Tesla, Inc. (NASDAQ:TSLA) Given Average Rating of “Hold” by Brokerages
by Tristan Rich · The Markets DailyShares of Tesla, Inc. (NASDAQ:TSLA – Get Free Report) have earned a consensus recommendation of “Hold” from the forty-five research firms that are covering the company, Marketbeat.com reports. Four equities research analysts have rated the stock with a sell recommendation, eighteen have given a hold recommendation, twenty-two have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $401.7435.
TSLA has been the topic of several research reports. Wells Fargo & Company reaffirmed an “underweight” rating and set a $130.00 price target (up from $125.00) on shares of Tesla in a research note on Tuesday, July 14th. UBS Group set a $460.00 price objective on Tesla in a report on Thursday, July 23rd. Piper Sandler cut their target price on shares of Tesla from $500.00 to $450.00 and set an “overweight” rating on the stock in a research report on Friday, July 24th. Barclays raised their target price on shares of Tesla from $360.00 to $370.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 14th. Finally, Evercore raised shares of Tesla from a “hold” rating to an “outperform” rating in a research note on Friday, June 5th.
Check Out Our Latest Research Report on Tesla
Insider Activity
In related news, CFO Vaibhav Taneja sold 2,606 shares of Tesla stock in a transaction on Monday, June 8th. The stock was sold at an average price of $402.20, for a total transaction of $1,048,133.20. Following the completion of the sale, the chief financial officer directly owned 22,039 shares of the company’s stock, valued at $8,864,085.80. The trade was a 10.57% decrease in their ownership of the stock. The sale 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.
Institutional Investors Weigh In On Tesla
Large investors have recently bought and sold shares of the company. Marks Group Wealth Management Inc increased its position in shares of Tesla by 1.7% in the 4th quarter. Marks Group Wealth Management Inc now owns 1,512 shares of the electric vehicle producer’s stock valued at $680,000 after buying an additional 25 shares in the last quarter. Clear Trail Advisors LLC lifted its holdings in Tesla by 1.6% during the first quarter. Clear Trail Advisors LLC now owns 1,628 shares of the electric vehicle producer’s stock worth $605,000 after acquiring an additional 25 shares in the last quarter. Peirce Capital Management LLC grew its stake 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 valued at $697,000 after acquiring an additional 25 shares during the period. Brio Consultants LLC increased its holdings in shares of Tesla by 4.7% in the fourth quarter. Brio Consultants LLC now owns 575 shares of the electric vehicle producer’s stock worth $259,000 after acquiring an additional 26 shares in the last quarter. Finally, Community Bank & Trust Waco Texas increased its holdings in shares of Tesla by 1.7% in the fourth quarter. Community Bank & Trust Waco Texas now owns 1,581 shares of the electric vehicle producer’s stock worth $711,000 after acquiring an additional 26 shares in the last quarter. Institutional investors own 66.20% of the company’s stock.
Key Tesla News
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Tesla began offering limited Cybercab rides in Austin, marking tangible progress toward its long-promised autonomous-vehicle strategy. The company is also soliciting interest from businesses that may purchase Cybercab fleets or provide supporting infrastructure, potentially expanding the model beyond Tesla-operated vehicles. Tesla Cybercab Hits Austin Streets
- Positive Sentiment: Tesla said the Cybercab motor uses no rare-earth metals, which could reduce supply-chain exposure. Separately, French authorities began testing Tesla’s Full Self-Driving technology, a possible step toward European regulatory progress. Cybercab Rare-Earth-Free Motor
- Neutral Sentiment: Technical analysts identified potential support around $330–$331 after the stock failed to hold resistance near $380. A successful rebound could restore momentum, but a break below roughly $347 could increase downside pressure. Tesla Forecast and Technical Levels
- Negative Sentiment: The National Highway Traffic Safety Administration opened an audit involving approximately 1,000 Cybercabs. Regulators are reviewing Tesla’s self-certification and whether a vehicle without a steering wheel, pedals or conventional mirrors complies with federal safety standards, creating potential approval and rollout delays. NHTSA Cybercab Probe
- Negative Sentiment: Analysts and financial media characterized the event as underwhelming, citing limited updates and unanswered questions about manufacturing scale, commercialization and economics. Bearish commentary—including a reiterated sell rating and an extreme downside forecast—added to the pressure, especially given Tesla’s very high earnings multiple and recent EPS miss. Tesla Stock Drops After Cybercab Update
Tesla Stock Performance
Shares of Tesla stock opened at $354.08 on Friday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.94 and a quick ratio of 1.55. The firm has a 50 day simple moving average of $358.22 and a 200 day simple moving average of $383.10. Tesla has a fifty-two week low of $297.38 and a fifty-two week high of $498.83. The firm has a market cap of $1.40 trillion, a P/E ratio of 327.85, a P/E/G ratio of 19.00 and a beta of 1.84.
Tesla (NASDAQ:TSLA – Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The electric vehicle producer reported $0.33 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 the consensus estimate of $26.42 billion. Tesla had a net margin of 3.67% and a return on equity of 3.82%. The firm’s quarterly revenue was up 25.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.33 earnings per share. Sell-side analysts predict that Tesla will post 0.88 earnings per share for the current fiscal year.
About Tesla
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.
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