Tesla (NASDAQ:TSLA) Given Outperform Rating at Wedbush

Wedbush restated their outperform rating on shares of Tesla (NASDAQ:TSLA) in a research note issued to investors on Friday morning,Benzinga reports. They currently have a $600.00 target price on the electric vehicle producer’s stock.

TSLA has been the topic of a number of other research reports. Stifel Nicolaus set a $508.00 price target on shares of Tesla in a research note on Thursday, January 29th. JPMorgan Chase & Co. lowered their price objective 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. Tigress Financial began coverage on shares of Tesla in a report on Thursday, February 12th. They set a “buy” rating and a $550.00 price objective on the stock. Needham & Company LLC reaffirmed a “hold” rating on shares of Tesla in a research note on Thursday, January 29th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Tesla in a report on Tuesday, January 27th. Nineteen investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and nine have assigned a Sell rating to the company. According to data from MarketBeat.com, Tesla has an average rating of “Hold” and an average target price of $406.84.

Tesla Stock Down 2.8%

Shares of Tesla stock opened at $361.83 on Friday. The company has a market capitalization of $1.36 trillion, a P/E ratio of 335.03, a price-to-earnings-growth ratio of 11.01 and a beta of 1.89. 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 business has a 50-day moving average of $408.20 and a two-hundred day moving average of $427.78. Tesla has a 1 year low of $214.25 and a 1 year high of $498.83.

Tesla (NASDAQ:TSLA) last released its quarterly earnings data 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. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The business had revenue of $24.90 billion for the quarter, compared to analysts’ expectations of $24.75 billion. During the same quarter in the previous year, the business posted $0.73 EPS. Tesla’s revenue for the quarter was down 3.1% on a year-over-year basis. As a group, equities analysts predict that Tesla will post 2.56 EPS for the current year.

Insider Activity at Tesla

In other news, Director James R. Murdoch sold 60,000 shares of Tesla stock in a transaction dated Friday, January 2nd. The shares were 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 owned 577,031 shares of the company’s stock, valued at $257,009,607.40. This trade represents a 9.42% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Kathleen Wilson-Thompson sold 25,731 shares of the company’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $415.56, for a total transaction of $10,692,774.36. Following the completion of the sale, the director directly 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 SEC filing for this sale provides additional information. Over the last three months, insiders sold 87,995 shares of company stock valued at $38,315,650. 19.90% of the stock is owned by corporate insiders.

Institutional Trading of Tesla

Hedge funds have recently made changes to their positions in the business. Networth Advisors LLC acquired a new stake in Tesla during the 4th quarter valued at $26,000. Davidson Capital Management Inc. increased 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 during the last quarter. Turning Point Benefit Group Inc. acquired a new position in shares of Tesla in the third quarter valued at $30,000. Manning & Napier Advisors LLC bought a new position in shares of Tesla in the third quarter valued at about $29,000. Finally, Prism Advisors Inc. acquired a new stake in shares of Tesla during the 4th quarter worth about $30,000. 66.20% of the stock is owned by institutional investors and hedge funds.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Wedbush reaffirmed an “outperform” rating and keeps a $600 price target on TSLA, giving bulls a high‑conviction upside case that supports long‑term holders. Wedbush $600 PT
• Positive Sentiment: Some data suggest Tesla is relatively resilient within a weak EV market — one headline calls Tesla a “big winner” amid a steep 28% U.S. EV sales slump, which could mean share gains if Tesla maintains share vs. peers. Tesla winner in EV slump
• Neutral Sentiment: Analysts and strategists note deliveries will be the key catalyst next week — Gene Munster says delivery figures could move broader equities, so TSLA may swing sharply on the print. Gene Munster on deliveries
• Neutral Sentiment: Market participants are watching Tesla’s Q1 delivery release scheduled for April 2 as the near‑term event that will likely determine whether the stock stabilizes or sells off further. Mark calendars for April 2
• Negative Sentiment: Delivery fears and downward revisions are pressuring the stock: Tesla‑published and independent consensus for Q1 deliveries sits near ~365k and Tesla recently trimmed its 2026 delivery outlook to ~1.69M, prompting analyst cuts and delta‑sized positioning. Q1 delivery consensus Tesla cuts 2026 delivery outlook
• Negative Sentiment: Macro and geopolitical risk (Iran war → rising oil) have knocked broader tech and auto stocks lower; headlines pushing oil toward $100 are creating rate/inflation fear that amplifies selling in TSLA. Oil near $100, markets slide Tech stocks suffer worst week
• Negative Sentiment: Competitive pressure in China and Canada (BYD expansion and record orders) plus weakening brand perception and higher EV prices/borrowing costs are weighing on demand expectations for Tesla. BYD moving into Canada

Tesla Company Profile

Tesla, Inc (NASDAQ: TSLA) is an American company that designs, manufactures and sells electric vehicles, energy generation and energy storage products. Founded in 2003 by Martin Eberhard and Marc Tarpenning, Tesla grew into a vertically integrated mobility and clean‑energy company with Elon Musk serving as its chief executive officer. The company’s stated mission is to accelerate the world’s transition to sustainable energy, reflected in its combined focus on electric drivetrains, battery technology, renewable energy products and software.

Tesla’s automotive business includes a lineup of battery‑electric vehicles and related services.