Wedbush Securities Inc. Grows Position in Tesla, Inc. $TSLA
- by lulegacy
- Feb 12, 2026
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Key Points
Wedbush Securities Inc. raised its Tesla stake by 2.7% in Q3 to 74,483 shares (about $33.1M), making TSLA roughly 1.1% of Wedbush’s holdings and its 11th-largest position.
Tesla beat quarterly expectations with $0.50 EPS (vs. $0.45) and $24.90B revenue (vs. $24.75B) despite revenue declining 3.1% YoY, while valuation remains elevated with a market cap around $1.61T and a PE near 396.
Chinese regulatory moves to curb EV price wars and a Tencent partnership for China-specific in-car features could support margins, but investor concern over discount-driven pricing, executive turnover, and recent insider selling (~$53.5M in the past 90 days) are notable risks. MarketBeat Week in Review – 02/02 - 02/06
Tesla (NASDAQ:TSLA - Get Free Report) last released its quarterly earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.05. The business had revenue of $24.90 billion for the quarter, compared to analysts' expectations of $24.75 billion. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The firm's revenue for the quarter was down 3.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.73 earnings per share. On average, equities research analysts predict that Tesla, Inc. will post 2.56 EPS for the current year.
Analyst Ratings Changes
TSLA has been the topic of several research reports. President Capital decreased their price target 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. China Renaissance increased their target price on shares of Tesla from $380.00 to $382.00 and gave the company a "hold" rating in a report on Monday, February 2nd. JPMorgan Chase & Co. cut their price target on shares of Tesla from $150.00 to $145.00 and set an "underweight" rating for the company in a research report on Friday, January 30th. Barclays reaffirmed a "neutral" rating on shares of Tesla in a research note on Friday, February 6th. Finally, New Street Research lifted their price objective on Tesla from $520.00 to $600.00 and gave the stock a "buy" rating in a report on Tuesday, January 6th. Seventeen research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and nine have assigned a Sell rating to the company. According to MarketBeat.com, Tesla has an average rating of "Hold" and a consensus price target of $403.92.
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