Zacks Analysts Adjust Earnings Forecast for Tesla

Tesla, Inc. (NASDAQ:TSLA) has recently received an uplift in earnings estimates for its Q4 2026 performance from the equities research analysts at Zacks Research. In a report released on March 3rd, analyst R. Singhi revised the anticipated earnings to $1.16 per share, a slight increase from their previous estimate of $1.15. The analysts also note that the overall consensus estimate for Tesla's earnings for the current fiscal year stands at $2.56 per share.

On January 29th, Tesla reported its most recent earnings results, revealing an earnings per share (EPS) of $0.66 for the quarter. This figure fell short of analysts' consensus expectations, which predicted an EPS of $0.74, marking a miss of $0.08. Additionally, the company noted a net profit margin of 7.26% and a return on equity of 10.31%.

Market Sentiment on Tesla

Other market research firms have also weighed in on Tesla's stock. For example, New Street Research upgraded Tesla from a "neutral" to a "buy" rating, assigning a price target of $460.00 per share in their report published on January 6th. Evercore ISI followed suit by increasing their price target from $195.00 to $275.00, maintaining an "in-line" rating as reported on January 3rd. On the flip side, Bank of America reduced its target price from $490.00 to $380.00 while maintaining a "neutral" rating. Despite the mixed reviews, Tesla currently has a consensus rating of "Hold" and an average target price of approximately $315.33 according to MarketBeat.com.

Tesla Stock Performance

As of the latest trading session, shares of Tesla opened at $272.11. The company has a notably low debt-to-equity ratio of 0.08 and a current ratio of 2.02, indicating solid financial health. The stock's 50-day and 200-day moving averages are approximately $378.63 and $318.40, respectively. Its market capitalization stands at $875.24 billion, and Tesla's price-to-earnings (P/E) ratio is reported at 133.39, with a beta of 2.34, indicating its volatility in the market.

Insider Trading Activity

In recent insider trading activities, Director Robyn M. Denholm sold 112,390 shares of Tesla stock on February 3rd, receiving an average price of $384.04 per share, amounting to a total value of about $43.16 million. Following this transaction, Denholm retains ownership of 85,000 shares valued around $32.64 million. Similarly, CFO Vaibhav Taneja sold 2,606 shares at an average price of $374.21, bringing in about $975,191.26, which reduced his stake by 2.34%. In total, over the last 90 days, company insiders have sold approximately 303,996 shares valued at $118.47 million, indicating they own 20.70% of the stock.

Institutional Investor Activity

Institutional investors have also made adjustments to their stakes in Tesla recently. Audent Global Asset Management LLC increased its position in Tesla by 4.4%, owning a total of 1,386 shares valued at $560,000 after acquiring an additional 58 shares in the fourth quarter. Other institutions like BridgePort Financial Solutions LLC and Park Square Financial Group LLC bought new stakes in the company during this period. Overall, hedge funds and institutional investors split their holdings, with 66.20% of Tesla stock held by such entities.

Tesla's Business Overview

Tesla, Inc. is a key player in designing, developing, manufacturing, leasing, and selling electric vehicles and energy systems both in the United States and internationally. The company operates primarily in two segments: Automotive and Energy Generation & Storage, with the Automotive segment focused on electric vehicles, sales of regulatory credits, and related after-sales services.

Tesla, Estimates, Earnings