Tesla (NASDAQ:TSLA) Given New $420.00 Price Target at The Goldman Sachs Group

Tesla (NASDAQ:TSLA) had its target price hoisted by The Goldman Sachs Group from $400.00 to $420.00 in a report released on Friday morning,MarketScreener reports.

A number of other equities analysts have also recently commented on TSLA. Benchmark reiterated a “buy” rating on shares of Tesla in a research report on Thursday, October 23rd. Glj Research restated a “sell” rating on shares of Tesla in a research report on Wednesday, October 22nd. TD Cowen upped their price target on shares of Tesla from $374.00 to $509.00 and gave the stock a “buy” rating in a research note on Thursday, October 9th. Truist Financial decreased their target price on Tesla from $444.00 to $439.00 and set a “hold” rating on the stock in a research report on Friday. Finally, Baird R W raised shares of Tesla from a “hold” rating to a “strong-buy” rating in a report on Friday, September 19th. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, fourteen have issued a Hold rating and nine have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $414.92.

Tesla Trading Down 2.6%

Shares of Tesla stock opened at $438.07 on Friday. Tesla has a twelve month low of $214.25 and a twelve month high of $498.83. The firm’s 50-day moving average price is $445.77 and its 200 day moving average price is $390.82. The company has a current ratio of 2.07, a quick ratio of 1.67 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $1.46 trillion, a PE ratio of 292.05, a P/E/G ratio of 7.18 and a beta of 1.83.

Tesla (NASDAQ:TSLA) last announced its earnings results on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.02. The company had revenue of $28.10 billion during the quarter, compared to analyst estimates of $24.98 billion. Tesla had a net margin of 5.51% and a return on equity of 6.61%. Tesla’s revenue was up 11.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.72 earnings per share. On average, sell-side analysts predict that Tesla will post 2.56 EPS for the current fiscal year.

Insider Buying and Selling

In other Tesla news, CFO Vaibhav Taneja sold 2,637 shares of the stock in a transaction on Monday, December 8th. The shares were sold at an average price of $443.93, for a total transaction of $1,170,643.41. Following the sale, the chief financial officer directly owned 13,757 shares of the company’s stock, valued at approximately $6,107,145.01. This represents a 16.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Kimbal Musk sold 56,820 shares of the stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total transaction of $25,606,501.20. Following the completion of the transaction, the director owned 1,391,615 shares of the company’s stock, valued at $627,145,215.90. This represents a 3.92% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 19.90% of the company’s stock.

Institutional Investors Weigh In On Tesla

Several hedge funds have recently modified their holdings of TSLA. Siren L.L.C. bought a new position in Tesla during the 1st quarter valued at about $2,332,000. Norges Bank bought a new position in shares of Tesla in the second quarter valued at approximately $11,839,824,000. Police & Firemen s Retirement System of New Jersey increased its stake in shares of Tesla by 5.6% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 427,150 shares of the electric vehicle producer’s stock valued at $135,688,000 after buying an additional 22,607 shares in the last quarter. Strs Ohio acquired a new position in Tesla during the 1st quarter worth about $205,495,000. Finally, AustralianSuper Pty Ltd grew its holdings in Tesla by 1,823.0% during the 2nd quarter. AustralianSuper Pty Ltd now owns 68,325 shares of the electric vehicle producer’s stock worth $21,704,000 after acquiring an additional 64,772 shares during the last quarter. 66.20% of the stock is owned by hedge funds and other institutional investors.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: RBC reiterated a “buy” on TSLA with a $500 price target — a signal that some large brokers still see meaningful upside tied to Tesla’s longer‑term story. MarketScreener Latest Ratings
• Positive Sentiment: Dan Ives and other bulls kept high targets and public optimism about Tesla’s valuation if autonomy/robotaxi execution accelerates — a reminder investors are pricing optionality beyond car volumes. Dan Ives Maintains Street-High Tesla Price Target
• Positive Sentiment: Record energy‑storage deployments in Q4 were disclosed alongside vehicle numbers — a business line that can help revenue diversification and offset auto weakness. Benzinga: Tesla Deliveries Slide, Energy Storage Hits Records
• Neutral Sentiment: Some Wall Street coverage and commentators note Tesla can “shake off” the delivery miss because investors are focused on AI/autonomy upside — but that view depends on execution and timing. TSLA: Tesla Stock Rises Despite Missing Q4 Delivery Estimates
• Neutral Sentiment: Canaccord and other sell‑side analysts are discussing CyberCab/robotaxi scale plans for 2026 — bullish if achieved but execution risk remains. Canaccord Genuity on CyberCab Production
• Negative Sentiment: Tesla reported Q4 deliveries (~418k) down ~16% year‑over‑year and full‑year sales declined for a second consecutive year, missing already‑low Street expectations — the direct driver of today’s negative price reaction. Reuters: Tesla’s quarterly deliveries fall
• Negative Sentiment: BYD overtook Tesla as the world’s top battery‑electric seller in 2025 — a strategic and competitive setback that raises pricing and market‑share concerns, especially in China and Europe. MarketWatch: BYD overtakes Tesla
• Negative Sentiment: Regional weakness (sharp registration declines in parts of Europe) and the expiration of U.S. federal EV tax breaks were cited as reasons for demand softness — risks to near‑term volumes. Benzinga: Tesla’s European slump worsens
• Negative Sentiment: Some broker moves trimmed targets/ratings (Truist trimmed price target to $439 and maintained a Hold; other houses remain cautious), adding pressure for disappointed near‑term returns. TickerReport: Truist lowers PT on Tesla

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.