Key Points Hoge Financial Services LLC has made a new investment in Tesla, acquiring 899 shares valued at approximately $285,000 during the second quarter. Despite varying recommendations, Tesla's stock has received predominantly positive ratings from analysts, with a consensus rating of "Hold" and an average price target of $375.50. Tesla reported a quarterly earnings of $0.50 EPS, surpassing estimates, with revenue of $28.10 billion, showcasing an 11.6% increase year-over-year. Happy Third Birthday to the Bull Market Tesla (NASDAQ:TSLA - Get Free Report) last released its quarterly earnings results on Wednesday, October 22nd. The electric vehicle producer reported $0.50 EPS for the quarter, beating the consensus estimate of $0.48 by $0.02. The business had revenue of $28.10 billion for the quarter, compared to analysts' expectations of $24.98 billion. Tesla had a net margin of 6.54% and a return on equity of 7.98%. Tesla's revenue was up 11.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.72 earnings per share. On average, equities analysts predict that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year. Analyst Ratings Changes Several research analysts have weighed in on TSLA shares. HSBC upped their price objective on shares of Tesla from $120.00 to $127.00 in a research note on Monday, September 29th. Cantor Fitzgerald set a $510.00 target price on Tesla in a research note on Thursday. Royal Bank Of Canada raised their price target on Tesla from $325.00 to $500.00 and gave the stock an "outperform" rating in a research note on Friday, October 10th. CICC Research raised their price objective on shares of Tesla from $360.00 to $450.00 and gave the company an "outperform" rating in a research report on Thursday, September 18th. Finally, Roth Capital set a $505.00 price objective on shares of Tesla and gave the stock a "buy" rating in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twelve have given a Hold rating and ten have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $375.50.