Zacks Research Has Negative Estimate for Tesla Q2 Earnings

Tesla, Inc. (NASDAQ:TSLA) – Zacks Research lowered their Q2 2026 EPS estimates for shares of Tesla in a research note issued on Tuesday, March 31st. Zacks Research analyst Team now forecasts that the electric vehicle producer will post earnings of $0.27 per share for the quarter, down from their prior estimate of $0.28. Zacks Research has a “Strong Sell” rating on the stock. The consensus estimate for Tesla’s current full-year earnings is $2.56 per share. Zacks Research also issued estimates for Tesla’s FY2028 earnings at $0.52 EPS.

TSLA has been the subject of several other research reports. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $405.00 price target on shares of Tesla in a research report on Thursday, January 29th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Tesla from $500.00 to $480.00 and set a “buy” rating on the stock in a report on Friday, January 30th. New Street Research upped their target price on shares of Tesla from $520.00 to $600.00 and gave the company a “buy” rating in a report on Tuesday, January 6th. TD Cowen increased their price target on shares of Tesla from $509.00 to $519.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. Finally, Benchmark reissued a “buy” rating on shares of Tesla in a research report on Wednesday, February 11th. Nineteen equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and ten have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $403.98.

Tesla Stock Up 4.6%

TSLA stock opened at $371.75 on Wednesday. The company has a market cap of $1.39 trillion, a price-to-earnings ratio of 344.21, a P/E/G ratio of 10.52 and a beta of 1.89. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.77 and a current ratio of 2.16. The business’s 50-day moving average is $405.61 and its two-hundred day moving average is $428.65. Tesla has a fifty-two week low of $214.25 and a fifty-two week high of $498.83.

Tesla (NASDAQ:TSLA) last released its quarterly earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.45 by $0.05. The firm had revenue of $24.90 billion for the quarter, compared to the consensus estimate of $24.75 billion. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The company’s revenue for the quarter was down 3.1% on a year-over-year basis. During the same period last year, the business posted $0.73 EPS.

Institutional Investors Weigh In On Tesla

Institutional investors have recently bought and sold shares of the business. Norges Bank bought a new position in shares of Tesla in the fourth quarter worth about $17,128,100,000. Corient Private Wealth LLC raised its stake in Tesla by 3,205.5% during the 4th quarter. Corient Private Wealth LLC now owns 21,459,599 shares of the electric vehicle producer’s stock valued at $9,650,811,000 after purchasing an additional 20,810,386 shares during the period. Bank of America Corp DE lifted its holdings in Tesla by 56.0% in the 4th quarter. Bank of America Corp DE now owns 20,755,605 shares of the electric vehicle producer’s stock worth $9,334,211,000 after purchasing an additional 7,450,766 shares in the last quarter. Cardano Risk Management B.V. boosted its stake in Tesla by 882.8% in the 4th quarter. Cardano Risk Management B.V. now owns 8,202,060 shares of the electric vehicle producer’s stock worth $3,688,630,000 after purchasing an additional 7,367,507 shares during the period. Finally, Vanguard Group Inc. boosted its stake in Tesla by 2.6% in the 4th quarter. Vanguard Group Inc. now owns 258,925,024 shares of the electric vehicle producer’s stock worth $116,443,762,000 after purchasing an additional 6,538,720 shares during the period. Hedge funds and other institutional investors own 66.20% of the company’s stock.

Insiders Place Their Bets

In other news, Director James R. Murdoch sold 60,000 shares of the stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $445.40, for a total value of $26,724,000.00. Following the completion of the sale, the director directly owned 577,031 shares of the company’s stock, valued at $257,009,607.40. This represents a 9.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Vaibhav Taneja sold 2,264 shares of Tesla stock in a transaction on Friday, March 6th. The shares were sold at an average price of $397.03, for a total transaction of $898,875.92. Following the transaction, the chief financial officer owned 18,106 shares in the company, valued at approximately $7,188,625.18. This trade represents a 11.11% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 87,995 shares of company stock worth $38,315,650. Company insiders own 19.90% of the company’s stock.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Market rally driven by three converging catalysts — delivery optimism, Terafab/chip-factory talk and SpaceX merger/buzz — that traders say gives the move legs. This is cited as the main reason TSLA popped intraday. Tesla Surges 5%: Delivery Hopes, Terafab, and SpaceX Buzz Are All Converging at Once
• Positive Sentiment: Reports of a deeper Tesla–SpaceX chip/semiconductor partnership (new fab plans in Texas and talk of coordinated chip strategy) are being read as a strategic lever for Tesla’s AI/robotics roadmap and supply security. Tesla Appears to Have a New Master Plan… and SpaceX Is a Huge Part of It
• Positive Sentiment: Analysts (Canaccord) nudged up Q1 deliveries estimates and a positive research note earlier in the day helped sentiment despite mixed modeling — supporting near?term optimism ahead of the delivery print. Canaccord Lifts Q1 Deliveries Estimate, But Cuts Tesla Stock (TSLA) Price Target, Here’s Why
• Positive Sentiment: Renewed optimism on Tesla’s AI/robotics (Optimus) and product updates lifted risk?on positioning among growth investors. Tesla jumps 4% on Optimus buzz and market rebound momentum
• Neutral Sentiment: Q1 delivery results (due Thursday) are the immediate catalyst — expectations are ~365k units. That print can swing the stock materially both ways. Tesla (TSLA) Stock: Analysts Brace for Q1 2026 Delivery Numbers This Thursday
• Neutral Sentiment: Euro NCAP and other safety/oversight headlines continue to stir debate around Full Self?Driving credibility — newsflow here creates volatility but is ambiguous in directional impact. Euro NCAP: Full Self-Driving “Irresponsible,” Tesla Stock (NASDAQ:TSLA) Surges
• Negative Sentiment: Several analysts have cut price targets and some firms reiterated “sell” or trimmed exposure (GLJ, Canaccord cut PT from $520 to $420) — a reminder Wall Street is increasingly skeptical on margins and valuation. Canaccord price target cut coverage
• Negative Sentiment: Regulatory and operational risks persist: NHTSA scrutiny of autonomy, talent departures (head of customer experience to Coinbase), and ongoing concerns about automotive margins and pricing pressure. These are downside risks if deliveries or margins disappoint. Will NHTSA Investigation Derail Tesla’s Physical AI Dreams?

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.