Erste Group Bank Issues Positive Forecast for Tesla Earnings
- by lulegacy
- Mar 26, 2026
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Key Points
Erste Group Bank raised its FY2027 EPS forecast for Tesla to $1.96 (from $1.88), versus the street consensus of $2.56.
The analyst picture is mixed — Tesla's average rating is "Hold" with an average price target of $406.84, while 19 analysts rate it Buy, 13 Hold and 9 Sell.
Tesla beat quarterly EPS expectations ($0.50 vs. $0.45) on $24.9B revenue (down 3.1% YoY), yet faces notable insider selling (≈87,995 shares, ~$38.3M) and material competitive and regulatory risks including BYD's European surge and execution uncertainty around its chip/AI ambitions. Rivian’s Making a Big Pivot, and the Results Could Be Huge
Tesla (NASDAQ:TSLA - Get Free Report) last issued its earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.05. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The firm had revenue of $24.90 billion for the quarter, compared to analysts' expectations of $24.75 billion. During the same quarter last year, the business earned $0.73 earnings per share. The business's revenue was down 3.1% on a year-over-year basis.
Insider Buying and Selling
In other Tesla news, CFO Vaibhav Taneja sold 2,264 shares of the company's stock in a transaction that occurred on Friday, March 6th. The stock was 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 represents a 11.11% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director James R. Murdoch sold 60,000 shares of the stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $445.40, for a total value of $26,724,000.00. Following the completion of the transaction, 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 position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 87,995 shares of company stock valued at $38,315,650 over the last three months. Corporate insiders own 19.90% of the company's stock.
Institutional Investors Weigh In On Tesla
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Narwhal Capital Management boosted its holdings in shares of Tesla by 32.8% in the third quarter. Narwhal Capital Management now owns 9,516 shares of the electric vehicle producer's stock worth $4,232,000 after buying an additional 2,350 shares during the last quarter. Gamco Investors INC. ET AL increased its holdings in Tesla by 29.6% during the third quarter. Gamco Investors INC. ET AL now owns 32,576 shares of the electric vehicle producer's stock valued at $14,487,000 after buying an additional 7,446 shares during the last quarter. Norges Bank bought a new position in Tesla in the second quarter worth approximately $11,839,824,000. China Universal Asset Management Co. Ltd. boosted its stake in shares of Tesla by 8.8% during the 3rd quarter. China Universal Asset Management Co. Ltd. now owns 48,504 shares of the electric vehicle producer's stock worth $21,571,000 after acquiring an additional 3,935 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC grew its position in shares of Tesla by 26.0% during 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 acquiring an additional 3,724 shares during the period. 66.20% of the stock is owned by hedge funds and other institutional investors.
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