Tesla Stock Earnings Estimates Decreased by Zacks Research

Tesla, Inc. (NASDAQ:TSLA) – Zacks Research dropped their Q2 2027 EPS estimates for shares of Tesla in a report released on Wednesday, November 4th. Zacks Research analyst Team now expects that the electric vehicle producer will post earnings of $0.00 per share for the quarter, down from their prior forecast of $0.05. The consensus estimate for Tesla’s current full-year earnings is $0.67 per share. Zacks Research also issued estimates for Tesla’s Q3 2027 earnings at $0.01 EPS, Q4 2027 earnings at $0.06 EPS, FY2027 earnings at $0.10 EPS, Q1 2028 earnings at $0.07 EPS, Q2 2028 earnings at $0.00 EPS, Q3 2028 earnings at $0.00 EPS and FY2028 earnings at $0.07 EPS.

Other analysts have also recently issued reports about the company. Oppenheimer began coverage on Tesla in a research report on Thursday, October 22nd. They issued an “outperform” rating on the stock. HSBC reiterated a “reduce” rating and set a $157.00 price target on shares of Tesla in a research report on Monday, October 5th. Roth Capital reissued a “buy” rating and issued a $505.00 price target on shares of Tesla in a research note on Thursday, July 23rd. Truist Financial set a $370.00 price target on Tesla and gave the company a “hold” rating in a report on Thursday, July 23rd. Finally, Stifel Nicolaus set a $475.00 price target on Tesla in a report on Thursday, October 22nd. One analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, sixteen have given a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $414.51.

Tesla Stock Performance

Shares of NASDAQ TSLA opened at $379.78 on Monday. The company has a current ratio of 1.74, a quick ratio of 1.39 and a debt-to-equity ratio of 0.09. The stock has a 50 day simple moving average of $372.97 and a 200-day simple moving average of $383.73. The company has a market cap of $1.50 trillion, a PE ratio of 517.88, a P/E/G ratio of 23.42 and a beta of 1.74. Tesla has a 12-month low of $297.38 and a 12-month high of $498.83.

Tesla (NASDAQ:TSLA) last posted its earnings results on Wednesday, October 21st. The electric vehicle producer reported $0.48 EPS for the quarter, topping the consensus estimate of $0.46 by $0.02. The firm had revenue of $28.05 billion during the quarter, compared to analysts’ expectations of $28.06 billion. Tesla had a net margin of 3.11% and a return on equity of 3.03%. Tesla’s quarterly revenue was down .2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.50 EPS.

Insider Activity at Tesla

In related news, CFO Vaibhav Taneja sold 2,606 shares of the firm’s stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $360.13, for a total transaction of $938,498.78. Following the transaction, the chief financial officer owned 25,972 shares in the company, valued at $9,353,296.36. This trade represents a 9.12% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 20.00% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Tesla

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Tyche Wealth Partners LLC lifted its position in shares of Tesla by 0.6% during the 3rd quarter. Tyche Wealth Partners LLC now owns 23,786 shares of the electric vehicle producer’s stock valued at $8,439,000 after acquiring an additional 149 shares during the last quarter. PCG Wealth Advisors LLC grew its holdings in shares of Tesla by 16.1% in the 3rd quarter. PCG Wealth Advisors LLC now owns 4,474 shares of the electric vehicle producer’s stock worth $1,587,000 after acquiring an additional 619 shares during the last quarter. Ieq Capital LLC grew its holdings in shares of Tesla by 12.0% in the 3rd quarter. Ieq Capital LLC now owns 463,423 shares of the electric vehicle producer’s stock worth $164,427,000 after acquiring an additional 49,752 shares during the last quarter. Focus Advisor Solutions LLC grew its holdings in shares of Tesla by 29.2% in the 3rd quarter. Focus Advisor Solutions LLC now owns 87,163 shares of the electric vehicle producer’s stock worth $30,926,000 after acquiring an additional 19,721 shares during the last quarter. Finally, Checchi Capital Advisers LLC raised its position in shares of Tesla by 1.7% during the third quarter. Checchi Capital Advisers LLC now owns 35,783 shares of the electric vehicle producer’s stock worth $12,696,000 after purchasing an additional 596 shares during the period. 66.20% of the stock is owned by institutional investors.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla is expanding its robotaxi service to San Antonio, adding another Texas market as it seeks to build a business beyond vehicle sales. Tesla expands robotaxi service to San Antonio
• Positive Sentiment: A report said Tesla attracted $96.8 million in ETF capital, which may provide some support for shares, although ETF flows do not necessarily reflect a change in the company’s fundamentals. Tesla pulls in ETF capital
• Neutral Sentiment: Tesla has started work on a proposed $10 billion solar factory near Houston, a potentially significant expansion into solar manufacturing, but one that also entails substantial investment and execution risk. Tesla’s Project Crystal Sun
• Neutral Sentiment: A hedge fund has urged Tesla and SpaceX to combine, but this is an outside proposal—not confirmation that a merger will happen. Any potential effect on Tesla shareholders remains uncertain. Sargasso Capital Management’s Project Kepler
• Negative Sentiment: Tesla’s October retail sales in China reportedly fell to their lowest level since 2022, raising concerns about demand in a key market and the company’s year-end sales targets. Tesla’s China sales hit lowest since 2022
• Negative Sentiment: Elon Musk says Cybertruck production is expected to end in about eight months so capacity can be redirected to Cybercab, with many reservation holders due refunds. The pivot may advance Tesla’s autonomy ambitions, but it also highlights the uncertainty around Cybertruck production and customer orders. Tesla Cybertruck is EV pickup market’s latest casualty
• Negative Sentiment: A Tesla shareholder warned that political and regulatory opposition could hinder autonomous-vehicle deployment, putting a central part of the company’s growth narrative at risk. Autonomy faces potential political risk

Tesla Company Profile

Tesla, Inc. designs, develops, manufactures and sells electric vehicles and energy products. Its vehicle lineup includes the Model S, Model 3, Model X, Model Y and Cybertruck, along with related software and services. The company also provides energy generation and storage products, including solar systems, Powerwall home batteries and Megapack utility-scale storage. Its services include vehicle maintenance, charging through the Supercharger network and software features for its vehicles. Founded in 2003 and headquartered in Austin, Texas, Tesla serves customers in markets around the world.