Investment Analysts’ Weekly Ratings Updates for Tesla (TSLA)

A number of firms have modified their ratings and price targets on shares of Tesla (NASDAQ: TSLA) recently:

• 1/7/2025 – Tesla was downgraded by analysts at Bank of America Co. from a “buy” rating to a “neutral” rating. They now have a $490.00 price target on the stock, up previously from $400.00.
• 1/6/2025 – Tesla had its price target raised by analysts at Stifel Nicolaus from $411.00 to $492.00. They now have a “buy” rating on the stock.
• 1/6/2025 – Tesla was upgraded by analysts at New Street Research from a “neutral” rating to a “buy” rating. They now have a $460.00 price target on the stock.
• 1/3/2025 – Tesla had its “sell” rating reaffirmed by analysts at Glj Research. They now have a $24.86 price target on the stock.
• 1/3/2025 – Tesla had its price target raised by analysts at Evercore ISI from $195.00 to $275.00. They now have an “in-line” rating on the stock.
• 1/3/2025 – Tesla had its price target raised by analysts at Canaccord Genuity Group Inc. from $298.00 to $400.00. They now have a “buy” rating on the stock.
• 1/2/2025 – Tesla had its “hold” rating reaffirmed by analysts at Truist Financial Co.. They now have a $360.00 price target on the stock.
• 12/18/2024 – Tesla had its price target raised by analysts at Robert W. Baird from $280.00 to $480.00. They now have an “outperform” rating on the stock.
• 12/17/2024 – Tesla was upgraded by analysts at Mizuho from a “neutral” rating to an “outperform” rating. They now have a $515.00 price target on the stock, up previously from $230.00.
• 12/11/2024 – Tesla had its price target raised by analysts at The Goldman Sachs Group, Inc. from $250.00 to $345.00. They now have a “neutral” rating on the stock.
• 12/10/2024 – Tesla had its price target raised by analysts at Morgan Stanley from $310.00 to $400.00. They now have an “overweight” rating on the stock.
• 12/10/2024 – Tesla had its price target raised by analysts at Cantor Fitzgerald from $255.00 to $365.00. They now have a “neutral” rating on the stock.
• 12/9/2024 – Tesla had its price target raised by analysts at Deutsche Bank Aktiengesellschaft from $295.00 to $370.00. They now have a “buy” rating on the stock.
• 12/5/2024 – Tesla had its price target raised by analysts at Guggenheim from $156.00 to $175.00. They now have a “sell” rating on the stock.
• 12/5/2024 – Tesla had its price target raised by analysts at Bank of America Co. from $350.00 to $400.00. They now have a “buy” rating on the stock.
• 12/2/2024 – Tesla was upgraded by analysts at Roth Capital from a “hold” rating to a “strong-buy” rating.
• 12/2/2024 – Tesla had its price target raised by analysts at Stifel Nicolaus from $287.00 to $411.00. They now have a “buy” rating on the stock.
• 12/2/2024 – Tesla was upgraded by analysts at Roth Mkm from a “neutral” rating to a “buy” rating. They now have a $380.00 price target on the stock, up previously from $85.00.
• 11/25/2024 – Tesla had its price target raised by analysts at UBS Group AG from $197.00 to $226.00. They now have a “sell” rating on the stock.
• 11/18/2024 – Tesla had its “outperform” rating reaffirmed by analysts at Wedbush. They now have a $400.00 price target on the stock.
• 11/15/2024 – Tesla had its price target raised by analysts at Royal Bank of Canada from $249.00 to $313.00. They now have an “outperform” rating on the stock.
• 11/14/2024 – Tesla had its price target raised by analysts at Jefferies Financial Group Inc. from $195.00 to $300.00. They now have a “hold” rating on the stock.
• 11/13/2024 – Tesla was downgraded by analysts at Phillip Securities from a “moderate sell” rating to a “strong sell” rating.
• 11/11/2024 – Tesla had its price target raised by analysts at Wedbush from $300.00 to $400.00. They now have an “outperform” rating on the stock.

Tesla Price Performance

Tesla stock opened at $394.94 on Friday. Tesla, Inc. has a 12 month low of $138.80 and a 12 month high of $488.54. The company has a current ratio of 1.84, a quick ratio of 1.37 and a debt-to-equity ratio of 0.08. The business’s 50 day simple moving average is $373.68 and its 200 day simple moving average is $279.12. The company has a market cap of $1.27 trillion, a price-to-earnings ratio of 108.20, a PEG ratio of 10.80 and a beta of 2.30.

Tesla (NASDAQ:TSLA) last posted its quarterly earnings data on Wednesday, October 23rd. The electric vehicle producer reported $0.72 EPS for the quarter, beating the consensus estimate of $0.58 by $0.14. The business had revenue of $25.18 billion for the quarter, compared to the consensus estimate of $25.47 billion. Tesla had a return on equity of 10.24% and a net margin of 13.07%. Tesla’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.53 earnings per share. Sell-side analysts forecast that Tesla, Inc. will post 1.99 EPS for the current year.

Insider Transactions at Tesla

In related news, Director Kimbal Musk sold 60,500 shares of the stock in a transaction on Friday, November 1st. The stock was sold at an average price of $250.23, for a total value of $15,138,915.00. Following the transaction, the director now owns 1,563,220 shares of the company’s stock, valued at $391,164,540.60. This represents a 3.73 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Vaibhav Taneja sold 7,000 shares of the firm’s stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $413.56, for a total value of $2,894,920.00. Following the transaction, the chief financial officer now directly owns 108,965 shares in the company, valued at $45,063,565.40. This trade represents a 6.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 621,886 shares of company stock valued at $213,451,751. 20.70% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Tesla

A number of institutional investors and hedge funds have recently made changes to their positions in TSLA. Fortitude Family Office LLC increased its position in shares of Tesla by 5.8% during the fourth quarter. Fortitude Family Office LLC now owns 870 shares of the electric vehicle producer’s stock valued at $351,000 after acquiring an additional 48 shares in the last quarter. Watts Gwilliam & Co. LLC increased its position in shares of Tesla by 8.7% during the fourth quarter. Watts Gwilliam & Co. LLC now owns 13,666 shares of the electric vehicle producer’s stock valued at $5,389,000 after acquiring an additional 1,093 shares in the last quarter. Hudson Valley Investment Advisors Inc. ADV bought a new stake in shares of Tesla during the fourth quarter valued at approximately $557,000. Wealth Group Ltd bought a new stake in shares of Tesla during the fourth quarter valued at approximately $275,000. Finally, Cumberland Advisors Inc. bought a new stake in shares of Tesla during the fourth quarter valued at approximately $267,000. Institutional investors own 66.20% of the company’s stock.

Tesla, Inc designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.