Tesla’s (TSLA) “Outperform” Rating Reaffirmed at Royal Bank Of Canada

Tesla (NASDAQ:TSLA)‘s stock had its “outperform” rating reaffirmed by equities researchers at Royal Bank Of Canada in a research note issued to investors on Thursday,Benzinga reports. They presently have a $500.00 price target on the electric vehicle producer’s stock. Royal Bank Of Canada’s target price would indicate a potential upside of 54.00% from the stock’s previous close.

A number of other analysts also recently commented on the stock. JPMorgan Chase & Co. cut their price objective on shares of Tesla from $475.00 to $445.00 and set a “neutral” rating for the company in a report on Thursday. Piper Sandler restated an “overweight” rating on shares of Tesla in a research report on Wednesday, June 10th. Jefferies Financial Group set a $400.00 target price on Tesla and gave the stock a “hold” rating in a research note on Monday, July 13th. Mizuho set a $450.00 price target on shares of Tesla and gave the stock an “outperform” rating in a report on Thursday. Finally, Needham & Company LLC restated a “hold” rating on shares of Tesla in a research note on Thursday. Twenty-one research analysts have rated the stock with a Buy rating, twenty-one have given a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $406.42.

Tesla Stock Down 13.2%

NASDAQ:TSLA traded down $49.34 during midday trading on Thursday, reaching $324.67. 65,859,346 shares of the stock traded hands, compared to its average volume of 56,469,137. The business has a 50-day moving average of $405.39 and a two-hundred day moving average of $404.00. The stock has a market capitalization of $1.22 trillion, a PE ratio of 298.26, a price-to-earnings-growth ratio of 12.72 and a beta of 1.80. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.62 and a current ratio of 2.04. Tesla has a 12-month low of $297.82 and a 12-month high of $498.83.

Tesla (NASDAQ:TSLA) last issued its earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 earnings per share (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 analysts’ expectations of $26.42 billion. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The business’s revenue was up 25.5% on a year-over-year basis. During the same quarter last year, the business earned $0.33 EPS. On average, equities analysts forecast that Tesla will post 1.34 earnings per share for the current fiscal year.

Insider Activity at Tesla

In related news, CFO Vaibhav Taneja sold 3,000 shares of the stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $450.00, for a total value of $1,350,000.00. Following the transaction, the chief financial officer directly owned 18,106 shares of the company’s stock, valued at approximately $8,147,700. This trade represents a 14.21% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Kathleen Wilson-Thompson sold 26,409 shares of the business’s stock in a transaction dated 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 sale, 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 position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 32,015 shares of company stock valued at $12,383,640 in the last ninety days. 19.90% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Brighton Jones LLC raised its holdings in shares of Tesla by 11.8% during the 4th quarter. Brighton Jones LLC now owns 87,929 shares of the electric vehicle producer’s stock valued at $35,509,000 after buying an additional 9,293 shares during the period. Revolve Wealth Partners LLC grew its position in Tesla by 21.2% in the fourth quarter. Revolve Wealth Partners LLC now owns 5,317 shares of the electric vehicle producer’s stock valued at $2,147,000 after acquiring an additional 931 shares in the last quarter. Bison Wealth LLC raised its stake in shares of Tesla by 52.2% during the fourth quarter. Bison Wealth LLC now owns 10,368 shares of the electric vehicle producer’s stock valued at $4,187,000 after purchasing an additional 3,558 shares during the period. Sivia Capital Partners LLC lifted its position in shares of Tesla by 9.1% during the second quarter. Sivia Capital Partners LLC now owns 12,135 shares of the electric vehicle producer’s stock worth $3,855,000 after purchasing an additional 1,011 shares in the last quarter. Finally, AGP Franklin LLC boosted its stake in shares of Tesla by 21.2% in the second quarter. AGP Franklin LLC now owns 4,861 shares of the electric vehicle producer’s stock valued at $1,544,000 after purchasing an additional 851 shares during the period. Hedge funds and other institutional investors own 66.20% of the company’s stock.

Key Stories Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla reported record Q2 deliveries and revenue of $28.24 billion, topping estimates and marking more than $100 billion in trailing 12-month revenue. Reuters article
• Positive Sentiment: Management highlighted continued momentum in robotaxi and FSD efforts, with the company expanding unsupervised robotaxi service into new Florida markets and emphasizing long-term autonomy upside. CNBC article
• Neutral Sentiment: Analysts remain split, with several firms keeping neutral/hold views even as some bullish analysts argue the stock could benefit if autonomy and Optimus milestones become more concrete. TipRanks article
• Negative Sentiment: Q2 adjusted EPS of $0.33 missed expectations, margins compressed, and free cash flow turned negative for the first time in more than two years, raising concerns about profitability and cash generation. Reuters article
• Negative Sentiment: Tesla confirmed a roughly $25 billion full-year capex plan, with heavy spending on AI infrastructure, robotaxis, batteries, and manufacturing weighing on near-term earnings and sparking price-target cuts from multiple Wall Street firms. TipRanks article
• Negative Sentiment: Several reports say investors are worried Tesla is leaning on discounts to drive sales while betting the business on future robotaxi and Optimus returns, which is pressuring sentiment today. Investopedia article

Tesla Company Profile

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.