Zacks Research Forecasts Tesla's Q3 Earnings (NASDAQ:TSLA)
- by lulegacy
- Apr 02, 2026
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Key Points
Zacks Research cut its Q3 2026 EPS estimate for Tesla to $0.26 (from $0.28) and moved the stock to a "Strong Sell", downgrading near‑term and FY2026 earnings outlooks.
Tesla beat consensus in its most recent quarter (reported $0.50 EPS) even as revenue fell 3.1% year‑over‑year, and the stock still trades at a lofty valuation (~P/E 353, market cap ~ $1.43T).
Analyst views are mixed—19 Buys, 13 Holds, 10 Sells with an average rating of Hold and a ~$404 target—and insiders sold about 87,995 shares (~$38.3M) in the past three months, which could pressure the stock. As Tech Earnings Grow, This ETF Still Hasn't Caught Up
Tesla stock opened at $381.26 on Thursday. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.16 and a quick ratio of 1.77. The company's 50-day moving average is $404.61 and its 200 day moving average is $428.32. Tesla has a 1-year low of $214.25 and a 1-year high of $498.83. The firm has a market capitalization of $1.43 trillion, a P/E ratio of 353.02, a price-to-earnings-growth ratio of 11.00 and a beta of 1.91.
Insider Buying and Selling at Tesla
In related news, Director James R. Murdoch sold 60,000 shares of Tesla stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $445.40, for a total transaction 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 approximately $257,009,607.40. The trade was a 9.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Kathleen Wilson-Thompson sold 25,731 shares of the stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $415.56, for a total transaction of $10,692,774.36. Following the transaction, the director owned 19,669 shares in the company, valued at approximately $8,173,649.64. The trade was a 56.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 87,995 shares of company stock valued at $38,315,650. Corporate insiders own 19.90% of the company's stock.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the stock. Networth Advisors LLC bought a new stake in Tesla during the fourth quarter worth approximately $26,000. Davidson Capital Management Inc. lifted its holdings in shares of Tesla by 79.4% in the fourth quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer's stock valued at $27,000 after purchasing an additional 27 shares in the last quarter. Turning Point Benefit Group Inc. acquired a new position in Tesla during the third quarter valued at $30,000. Manning & Napier Advisors LLC acquired a new stake in Tesla during the 3rd quarter worth about $29,000. Finally, Prism Advisors Inc. acquired a new stake in shares of Tesla during the fourth quarter worth approximately $30,000. Institutional investors and hedge funds own 66.20% of the company's stock.
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