Get Tesla alerts: Tesla, Inc. (NASDAQ:TSLA – Free Report) – Equities researchers at Erste Group Bank cut their FY2026 earnings estimates for Tesla in a research note issued to investors on Tuesday, May 12th. Erste Group Bank analyst S. Lingnau now expects that the electric vehicle producer will post earnings of $1.15 per share for the year, down from their prior estimate of $1.17. The consensus estimate for Tesla’s current full-year earnings is $1.20 per share. Erste Group Bank also issued estimates for Tesla’s FY2027 earnings at $1.56 EPS. Tesla (NASDAQ:TSLA – Get Free Report) last issued its earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. The business had revenue of $22.39 billion for the quarter, compared to the consensus estimate of $22.96 billion. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The firm’s revenue for the quarter was up 15.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.27 earnings per share. Several other research firms also recently commented on TSLA. Glj Research reiterated a “sell” rating on shares of Tesla in a report on Tuesday, April 21st. Truist Financial decreased their price objective on shares of Tesla from $438.00 to $400.00 and set a “hold” rating on the stock in a report on Thursday, April 2nd. Roth Mkm reiterated a “buy” rating on shares of Tesla in a report on Thursday, April 23rd. Piper Sandler reiterated an “overweight” rating on shares of Tesla in a report on Thursday, January 29th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Tesla in a report on Thursday, April 23rd. Nineteen analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and five have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $395.20. Get Our Latest Report on TSLA Tesla Price Performance Shares of TSLA opened at $422.24 on Monday. The company has a market cap of $1.59 trillion, a price-to-earnings ratio of 387.38, a PEG ratio of 16.67 and a beta of 1.79. Tesla has a 1-year low of $273.21 and a 1-year high of $498.83. The company’s fifty day simple moving average is $386.41 and its 200 day simple moving average is $418.04. The company has a current ratio of 2.04, a quick ratio of 1.62 and a debt-to-equity ratio of 0.09. Insider Buying and Selling In other news, CFO Vaibhav Taneja sold 3,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $450.00, for a total transaction of $1,350,000.00. Following the completion of the sale, the chief financial officer owned 18,106 shares of the company’s stock, valued at $8,147,700. This trade represents a 14.21% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Kathleen Wilson-Thompson sold 26,409 shares of the stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $378.11, for a total value of $9,985,506.99. Following the completion of the transaction, the director owned 48,399 shares in the company, valued at approximately $18,300,145.89. This represents a 35.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 83,213 shares of company stock valued at $32,201,105 in the last three months. Insiders own 19.90% of the company’s stock. Institutional Investors Weigh In On Tesla A number of hedge funds have recently made changes to their positions in TSLA. Vanguard Group Inc. boosted its position in shares of Tesla by 2.6% during the 4th quarter. Vanguard Group Inc. now owns 258,925,024 shares of the electric vehicle producer’s stock valued at $116,443,762,000 after acquiring an additional 6,538,720 shares during the last quarter. State Street Corp boosted its position in shares of Tesla by 0.9% during the 4th quarter. State Street Corp now owns 114,842,934 shares of the electric vehicle producer’s stock valued at $51,647,164,000 after acquiring an additional 1,080,085 shares during the last quarter. Geode Capital Management LLC lifted its position in Tesla by 0.6% in the 4th quarter. Geode Capital Management LLC now owns 65,700,975 shares of the electric vehicle producer’s stock worth $29,426,070,000 after buying an additional 375,946 shares during the last quarter. Capital World Investors lifted its position in Tesla by 5.8% in the 3rd quarter. Capital World Investors now owns 44,035,949 shares of the electric vehicle producer’s stock worth $19,583,547,000 after buying an additional 2,403,019 shares during the last quarter. Finally, Norges Bank bought a new stake in Tesla in the 4th quarter worth approximately $17,128,100,000. 66.20% of the stock is currently owned by institutional investors. Tesla News Summary