FY2026 EPS Estimates for Tesla Decreased by Erste Group Bank

Tesla, Inc. (NASDAQ:TSLA) – Equities researchers at Erste Group Bank decreased their FY2026 earnings estimates for Tesla in a research report issued to clients and investors on Friday, June 5th. Erste Group Bank analyst S. Lingnau now forecasts that the electric vehicle producer will earn $1.08 per share for the year, down from their previous forecast of $1.15. Erste Group Bank currently has a “Hold” rating on the stock. The consensus estimate for Tesla’s current full-year earnings is $1.19 per share.

TSLA has been the subject of a number of other reports. DZ Bank upgraded shares of Tesla from a “sell” rating to a “hold” rating and set a $385.00 price target for the company in a report on Friday, April 24th. Barclays restated a “neutral” rating on shares of Tesla in a report on Wednesday, May 13th. Cantor Fitzgerald restated an “overweight” rating on shares of Tesla in a report on Monday, June 1st. HSBC started coverage on shares of Tesla in a report on Monday, April 27th. They issued a “buy” rating for the company. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Tesla in a report on Friday, April 24th. Twenty-two equities research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and five have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $404.37.

Tesla Trading Down 3.8%

NASDAQ:TSLA opened at $381.59 on Thursday. The company has a current ratio of 2.04, a quick ratio of 1.62 and a debt-to-equity ratio of 0.09. The stock has a market capitalization of $1.43 trillion, a price-to-earnings ratio of 350.08, a PEG ratio of 15.83 and a beta of 1.80. The firm has a fifty day simple moving average of $397.29 and a two-hundred day simple moving average of $416.02. Tesla has a 12 month low of $288.77 and a 12 month high of $498.83.

Tesla (NASDAQ:TSLA) last posted its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.02. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The company had revenue of $22.39 billion during the quarter, compared to analysts’ expectations of $22.96 billion. During the same period in the prior year, the company posted $0.27 earnings per share. Tesla’s revenue for the quarter was up 15.8% compared to the same quarter last year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the company. Networth Advisors LLC bought a new position in shares of Tesla during the 4th quarter worth approximately $26,000. Davidson Capital Management Inc. increased its position in shares of 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 acquiring an additional 27 shares during the last quarter. Turning Point Benefit Group Inc. bought a new stake in Tesla during the third quarter worth $30,000. Prism Advisors Inc. purchased a new position in Tesla in the fourth quarter worth $30,000. Finally, Texas Capital Bancshares Inc TX bought a new position in Tesla in the 3rd quarter valued at $31,000. 66.20% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Tesla news, Director Kathleen Wilson-Thompson sold 26,409 shares of the firm’s stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $378.11, for a total value of $9,985,506.99. Following the transaction, the director directly owned 48,399 shares of the company’s stock, valued at approximately $18,300,145.89. This trade represents a 35.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 3,000 shares of the firm’s stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $450.00, for a total transaction of $1,350,000.00. Following the completion of the transaction, the chief financial officer directly owned 18,106 shares in the company, valued at $8,147,700. This trade represents a 14.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 57,824 shares of company stock worth $21,657,588 over the last ninety days. Insiders own 19.90% of the company’s stock.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Analysts at Piper Sandler and JPMorgan turned more bullish on Tesla, citing stronger-than-expected potential in autonomy, robotics, energy storage, and “physical AI,” with some raising price targets sharply. Article Title
• Positive Sentiment: Multiple reports said Tesla’s Full Self-Driving narrative is gaining credibility, including Dutch safety data showing far fewer crashes and news that Belgium approved FSD software use. Article Title
• Positive Sentiment: Tesla also received support from reports of continued robotaxi rollout in Austin and renewed optimism around Optimus and other AI-driven projects, reinforcing the view that the stock’s upside may come more from software and autonomy than car sales alone. Article Title
• Positive Sentiment: Tesla’s China sales reportedly rebounded in May, with retail deliveries up 22.5% year over year and exports from Shanghai improving, easing some demand concerns. Article Title
• Neutral Sentiment: There was also chatter around a possible SpaceX IPO and broader Elon Musk ecosystem speculation, which has boosted sentiment at times but remains largely a narrative-driven factor rather than a direct Tesla operating update. Article Title
• Neutral Sentiment: Tesla CFO Vaibhav Taneja sold shares to cover tax withholding on vested awards, which is routine insider activity and not necessarily a negative fundamental signal. Article Title
• Negative Sentiment: Broader market weakness tied to Middle East tensions, inflation worries, and a tech selloff pressured Tesla along with other high-multiple growth stocks. Article Title
• Negative Sentiment: Competition remains intense, with BYD accelerating charger and product investments and Rivian launching lower-priced EVs, keeping pressure on Tesla’s pricing and market share outlook. Article Title
• Negative Sentiment: Investors also remain cautious about Tesla’s premium valuation and repeated headlines around Musk’s SpaceX plans and merger speculation, which can distract from near-term execution and add volatility. Article Title

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.