Canaccord Genuity Group restated their buy rating on shares of Tesla (NASDAQ:TSLA – Free Report) in a report issued on Monday morning, MarketBeat reports. Canaccord Genuity Group currently has a $420.00 target price on the electric vehicle producer’s stock.
Other research analysts also recently issued reports about the stock. Benchmark reissued a “buy” rating on shares of Tesla in a research note on Wednesday, February 11th. Barclays reissued a “neutral” rating on shares of Tesla in a research note on Wednesday, March 4th. CICC Research lifted their price target on shares of Tesla from $450.00 to $500.00 and gave the stock an “outperform” rating in a research note on Thursday, December 18th. President Capital decreased their target price on shares of Tesla from $517.00 to $500.00 and set a “buy” rating on the stock in a research note on Friday, January 30th. Finally, William Blair reaffirmed a “market perform” rating on shares of Tesla in a research note on Friday, January 2nd. Nineteen investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and ten have issued a Sell rating to the company. According to MarketBeat.com, Tesla presently has a consensus rating of “Hold” and a consensus price target of $400.44.
Read Our Latest Analysis on Tesla
Tesla Trading Down 1.0%
Tesla (NASDAQ:TSLA – Get Free Report) last posted its quarterly earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 EPS for the quarter, topping the consensus estimate 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 net margin of 4.00% and a return on equity of 4.86%. The business’s revenue was down 3.1% compared to the same quarter last year. During the same period last year, the firm posted $0.73 earnings per share. As a group, analysts predict that Tesla will post 2.56 earnings per share for the current fiscal year.
Insider Buying and Selling at Tesla
In related news, 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 value of $898,875.92. Following the sale, the chief financial officer owned 18,106 shares in the company, valued at $7,188,625.18. The trade was a 11.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Kathleen Wilson-Thompson sold 25,809 shares of Tesla stock in a transaction on Monday, March 30th. The shares were sold at an average price of $359.33, for a total transaction of $9,273,947.97. Following the completion of the sale, the director owned 33,860 shares in the company, valued at approximately $12,166,913.80. This trade represents a 43.25% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 53,804 shares of company stock worth $20,865,598. 19.90% of the stock is currently owned by company insiders.
Institutional Trading of Tesla
Large investors have recently added to or reduced their stakes in the stock. Narwhal Capital Management raised its position in Tesla by 32.8% in the 3rd quarter. Narwhal Capital Management now owns 9,516 shares of the electric vehicle producer’s stock valued at $4,232,000 after purchasing an additional 2,350 shares in the last quarter. Gamco Investors INC. ET AL raised its position in Tesla by 29.6% in the 3rd quarter. Gamco Investors INC. ET AL now owns 32,576 shares of the electric vehicle producer’s stock valued at $14,487,000 after purchasing an additional 7,446 shares in the last quarter. China Universal Asset Management Co. Ltd. raised its position in Tesla by 8.8% in the 3rd quarter. China Universal Asset Management Co. Ltd. now owns 48,504 shares of the electric vehicle producer’s stock valued at $21,571,000 after purchasing an additional 3,935 shares in the last quarter. Ashton Thomas Private Wealth LLC raised its position in Tesla by 26.0% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 18,032 shares of the electric vehicle producer’s stock valued at $8,019,000 after purchasing an additional 3,724 shares in the last quarter. Finally, Nations Financial Group Inc. IA ADV raised its position in Tesla by 20.0% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 16,565 shares of the electric vehicle producer’s stock valued at $7,367,000 after purchasing an additional 2,765 shares in the last quarter. 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 released Full Self-Driving (FSD) 14.3 (“Sentient”) this week, which sparked a rally and is being cited as a near-term product catalyst for revenue/upsell potential. Tesla Releases ‘Sentient’ FSD 14.3. The Stock Jumps.
- Positive Sentiment: Ark Invest/Cathie Wood purchased Tesla shares on the dip, providing visible institutional support and short-term buying interest. Cathie Wood Buys Tesla, TSLA Adds Robinhood
- Positive Sentiment: Tesla is expanding the Model Y L (six-seat variant) across multiple Asian markets, which could help regional sales as the company chases growth outside North America. Is Tesla’s Model Y L Expansion Set to Boost Sales in Asia?
- Neutral Sentiment: Intel’s Terafab project names Tesla (and other Musk companies) as potential customers — a positive for long-term chip supply for EV/AI ambitions, but its impact on near-term auto cash flow and margins is uncertain. Intel teams up with SpaceX, Tesla and xAI on TeraFab project
- Negative Sentiment: Tesla’s Q1 deliveries missed expectations (358,023 vs. ~365,645 consensus) and the company reported a record inventory build, stoking demand concerns and direct selling pressure. What’s next for Tesla after a disappointing EV delivery report
- Negative Sentiment: JPMorgan reiterated an Underweight/sell viewpoint and a $145 price target (~60% downside), citing inventory, slowing EV market share and uncertainty that AI/robotics will replace near-term automotive earnings weakness. That bearish call is amplifying today’s weakness. Tesla (TSLA) down 20% in 2026 — JPMorgan sees another 60% downside
- Negative Sentiment: Analysts warn of a large free-cash-flow swing into negative territory for 2026 (reports cite a ~$43.9B swing), which raises financing and valuation questions if growth stalls. Tesla Faces $43.9 Billion Free Cash Flow Swing As 2026 Outlook Turns Negative
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.
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