Zacks Research Has Optimistic Outlook of Tesla Q4 Earnings

Tesla, Inc. (NASDAQ:TSLA) – Analysts at Zacks Research raised their Q4 2026 earnings estimates for Tesla in a note issued to investors on Monday, March 3rd. Zacks Research analyst R. Singhi now forecasts that the electric vehicle producer will earn $1.16 per share for the quarter, up from their prior forecast of $1.15. The consensus estimate for Tesla’s current full-year earnings is $2.56 per share.

Tesla (NASDAQ:TSLA) last issued its quarterly earnings data on Wednesday, January 29th. The electric vehicle producer reported $0.66 earnings per share for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.08). Tesla had a net margin of 7.26% and a return on equity of 10.31%.

Other equities research analysts have also issued research reports about the company. Roth Mkm upgraded Tesla from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $85.00 to $380.00 in a research note on Monday, December 2nd. Guggenheim reiterated a “sell” rating on shares of Tesla in a research note on Tuesday, February 25th. New Street Research upgraded shares of Tesla from a “neutral” rating to a “buy” rating and set a $460.00 price target on the stock in a research note on Monday, January 6th. Glj Research reiterated a “sell” rating and set a $24.86 price objective on shares of Tesla in a research note on Wednesday, February 12th. Finally, Piper Sandler upped their target price on Tesla from $315.00 to $500.00 and gave the company an “overweight” rating in a research report on Tuesday, January 21st. Nine investment analysts have rated the stock with a sell rating, twelve have given a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $315.33.

Tesla Price Performance

NASDAQ TSLA opened at $272.11 on Wednesday. Tesla has a 12-month low of $138.80 and a 12-month high of $488.54. The firm’s fifty day simple moving average is $378.63 and its two-hundred day simple moving average is $318.40. The company has a current ratio of 2.02, a quick ratio of 1.61 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $875.24 billion, a P/E ratio of 133.39, a P/E/G ratio of 5.86 and a beta of 2.34.

Insider Buying and Selling at Tesla

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the stock in a transaction on Friday, December 6th. The stock was sold at an average price of $374.21, for a total value of $975,191.26. Following the completion of the transaction, the chief financial officer now owns 108,965 shares in the company, valued at approximately $40,775,792.65. This represents a 2.34 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Kimbal Musk sold 75,000 shares of the business’s stock in a transaction on Thursday, February 6th. The stock was sold at an average price of $367.87, for a total transaction of $27,590,250.00. Following the sale, the director now owns 1,463,220 shares in the company, valued at $538,274,741.40. The trade was a 4.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 303,996 shares of company stock worth $118,467,387. 20.70% of the stock is currently owned by insiders.

Institutional Trading of Tesla

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. True Wealth Design LLC lifted its position in shares of Tesla by 79.5% during the 4th quarter. True Wealth Design LLC now owns 70 shares of the electric vehicle producer’s stock valued at $28,000 after acquiring an additional 31 shares during the period. Horrell Capital Management Inc. increased its stake in Tesla by 75.6% in the 4th quarter. Horrell Capital Management Inc. now owns 79 shares of the electric vehicle producer’s stock valued at $32,000 after purchasing an additional 34 shares in the last quarter. GS Investments Inc. raised its holdings in Tesla by 193.3% during the fourth quarter. GS Investments Inc. now owns 88 shares of the electric vehicle producer’s stock worth $36,000 after purchasing an additional 58 shares during the last quarter. Navigoe LLC purchased a new stake in Tesla during the fourth quarter worth $37,000. Finally, CoreFirst Bank & Trust purchased a new stake in Tesla during the fourth quarter worth $38,000. Institutional investors and hedge funds own 66.20% of the company’s stock.

About Tesla

Tesla, Inc designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.