Erste Group Bank Analysts Lower Earnings Estimates for Tesla
- by lulegacy
- May 18, 2026
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Key Points
Erste Group Bank lowered Tesla’s FY2026 EPS estimate to $1.15 from $1.17, slightly below the broader consensus of $1.20 per share. The firm also forecast FY2027 EPS of $1.56.
Tesla’s latest quarterly results beat EPS expectations at $0.41 versus $0.39, but revenue came in below forecasts at $22.39 billion versus $22.96 billion expected. Revenue still rose 15.8% year over year.
Analyst sentiment remains mixed: Tesla currently has a consensus “Hold” rating and a price target of $395.20, with 19 Buy ratings, 17 Hold ratings, and 5 Sell ratings among analysts tracked by MarketBeat. ';ad_container.style.height='auto';}},3000);Tesla’s Cybercab Is Finally Real—But Is It Enough?
Tesla (NASDAQ:TSLA - Get Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.02. The firm had revenue of $22.39 billion during the quarter, compared to analysts' expectations of $22.96 billion. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The company's quarterly revenue was up 15.8% compared to the same quarter last year. During the same quarter last year, the company posted $0.27 EPS.
Institutional Trading of Tesla
A number of hedge funds and other institutional investors have recently made changes to their positions in TSLA. Brighton Jones LLC raised its holdings in shares of Tesla by 11.8% in the fourth quarter. Brighton Jones LLC now owns 87,929 shares of the electric vehicle producer's stock valued at $35,509,000 after purchasing an additional 9,293 shares during the last quarter. Revolve Wealth Partners LLC raised its holdings in shares of Tesla by 21.2% in the fourth quarter. Revolve Wealth Partners LLC now owns 5,317 shares of the electric vehicle producer's stock valued at $2,147,000 after purchasing an additional 931 shares during the last quarter. Bison Wealth LLC raised its holdings in shares of Tesla by 52.2% in the fourth quarter. Bison Wealth LLC now owns 10,368 shares of the electric vehicle producer's stock valued at $4,187,000 after purchasing an additional 3,558 shares during the last quarter. Sivia Capital Partners LLC raised its holdings in shares of Tesla by 9.1% in the second quarter. Sivia Capital Partners LLC now owns 12,135 shares of the electric vehicle producer's stock valued at $3,855,000 after purchasing an additional 1,011 shares during the last quarter. Finally, AGP Franklin LLC increased its holdings in Tesla by 21.2% during the second quarter. AGP Franklin LLC now owns 4,861 shares of the electric vehicle producer's stock worth $1,544,000 after buying an additional 851 shares during the last quarter. 66.20% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at Tesla
In related news, Director Kathleen Wilson-Thompson sold 26,409 shares of the business's stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $378.11, for a total value of $9,985,506.99. Following the sale, the director directly owned 48,399 shares of the company's stock, valued at approximately $18,300,145.89. The trade was a 35.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 3,000 shares of Tesla 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 in the company, valued at $8,147,700. This trade represents a 14.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 83,213 shares of company stock worth $32,201,105 over the last ninety days. 19.90% of the stock is currently owned by insiders.
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