Tesla (NASDAQ:TSLA) Stock Keeps Outperform Rating at Royal Bank Of Canada

Tesla (NASDAQ:TSLA)‘s stock had its “outperform” rating reaffirmed by equities researchers at Royal Bank Of Canada in a research note issued on Thursday, Benzinga reports. They currently have a $480.00 price objective on the electric vehicle producer’s stock. Royal Bank Of Canada‘s price target suggests a potential upside of 28.96% from the stock’s previous close.

Other equities research analysts have also issued research reports about the stock. Needham & Company LLC restated a “hold” rating on shares of Tesla in a report on Thursday. Piper Sandler reaffirmed an “overweight” rating and issued a $475.00 price objective (up from $450.00) on shares of Tesla in a research report on Thursday. HSBC reaffirmed a “reduce” rating and issued a $157.00 price objective on shares of Tesla in a research report on Monday, October 5th. TD Cowen reaffirmed a “buy” rating and issued a $460.00 price objective on shares of Tesla in a research report on Thursday. Finally, Guggenheim initiated coverage on shares of Tesla in a research report on Monday, June 29th. They issued a “neutral” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating, twenty have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $408.61.

Tesla Trading Down 0.6%

TSLA traded down $2.36 on Thursday, reaching $372.22. 34,679,783 shares of the company traded hands, compared to its average volume of 50,565,789. Tesla has a one year low of $297.38 and a one year high of $498.83. The firm has a fifty day simple moving average of $364.01 and a two-hundred day simple moving average of $377.22. The company has a market cap of $1.47 trillion, a P/E ratio of 344.65, a price-to-earnings-growth ratio of 24.54 and a beta of 1.92. The company has a quick ratio of 1.55, a current ratio of 1.94 and a debt-to-equity ratio of 0.09.

Tesla (NASDAQ:TSLA) last announced its quarterly earnings data on Wednesday, October 21st. The electric vehicle producer reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.03. The company had revenue of $28.05 billion during the quarter, compared to analyst estimates of $28.06 billion. Tesla had a net margin of 3.11% and a return on equity of 3.07%. The firm’s revenue for the quarter was down .2% on a year-over-year basis. During the same quarter last year, the business posted $0.50 EPS. As a group, equities research analysts expect that Tesla will post 0.71 earnings per share for the current year.

Insider Activity

In related news, CFO Vaibhav Taneja sold 2,606 shares of the business’s stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $360.13, for a total value of $938,498.78. Following the completion of the transaction, the chief financial officer directly owned 25,972 shares in the company, valued at $9,353,296.36. The trade was a 9.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 19.90% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Tesla

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Robeco Schweiz AG grew its holdings in shares of Tesla by 10.5% during the third quarter. Robeco Schweiz AG now owns 50,058 shares of the electric vehicle producer’s stock worth $17,761,000 after buying an additional 4,744 shares in the last quarter. MN Wealth Advisors LLC boosted its position in shares of Tesla by 2.6% during the 3rd quarter. MN Wealth Advisors LLC now owns 2,530 shares of the electric vehicle producer’s stock valued at $898,000 after acquiring an additional 65 shares during the last quarter. Tarbox Family Office Inc. acquired a new position in Tesla in the third quarter valued at about $222,000. Brucke Financial Inc. lifted its position in Tesla by 0.9% in the third quarter. Brucke Financial Inc. now owns 3,606 shares of the electric vehicle producer’s stock valued at $1,279,000 after buying an additional 31 shares during the last quarter. Finally, BG Investment Services LLC lifted its position in Tesla by 365.6% in the third quarter. BG Investment Services LLC now owns 9,555 shares of the electric vehicle producer’s stock valued at $3,390,000 after buying an additional 7,503 shares during the last quarter. Hedge funds and other institutional investors own 66.20% of the company’s stock.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla beat third-quarter adjusted earnings expectations, reporting $0.48 per share versus the $0.45 consensus estimate, and generated approximately $1.5 billion in positive free cash flow. Tesla Surpasses Q3 Earnings and Revenue Estimates
• Positive Sentiment: Paid Full Self-Driving adoption exceeded 75% of North American deliveries, with subscriptions increasing 67% year over year. Investors view FSD, robotaxis, Optimus robots, and Megapack energy storage as potential long-term growth engines. Tesla’s FSD Subscriptions Surge
• Positive Sentiment: European sales reportedly strengthened, while Tesla is expanding its Cybercab robotaxi program beyond Austin and developing AI-based mapping from fleet data. These developments support the company’s autonomy narrative, although commercialization remains early. Tesla Europe Sales Surge
• Neutral Sentiment: Elon Musk called a SpaceX-Tesla merger a “good idea,” and both companies reportedly formed special committees to study a combination. Potential benefits include shared work in AI, chips, robotics, connectivity, and energy, but no transaction is certain. SpaceX-Tesla Merger Chatter
• Neutral Sentiment: Analysts remain divided: Morgan Stanley raised its target to $410 with an equal-weight rating, while RBC maintained an outperform rating and a $480 target. Bullish forecasts depend heavily on successful autonomy and robotics execution.
• Negative Sentiment: Revenue was essentially flat year over year at about $28 billion, automotive revenue fell 3%, energy-generation and storage revenue declined 16%, and GAAP operating income dropped 56%. Refunds and other factors also clouded the reported margin improvement. Tesla Automotive and Energy Revenue Results
• Negative Sentiment: Tesla reduced its 2026 capital-expenditure outlook from more than $25 billion to approximately $20 billion after third-quarter spending trailed expectations. Investors worry the pullback could delay AI, robotics, and robotaxi ambitions. Tesla Spending Pullback
• Negative Sentiment: Tesla will refund Cybertruck deposits in Australia and New Zealand, signaling reduced regional ambitions for the troubled vehicle. Regulatory scrutiny of the Cybercab and delays in unsupervised FSD add further execution risk.
• Negative Sentiment: The broader Nasdaq sell-off, renewed doubts about AI spending returns, higher oil prices, and geopolitical tensions have pressured high-valuation technology stocks, including TSLA.

About Tesla

Tesla, Inc is an electric vehicle and clean energy company headquartered in Austin, Texas. Founded in 2003, the company designs, manufactures and sells electric vehicles, including the Model S, Model 3, Model X, Model Y and Cybertruck. Tesla also develops vehicle software, driver-assistance features and related services intended to support the operation and ownership of its vehicles.

Beyond automobiles, Tesla produces energy storage products for residential, commercial and utility-scale applications, including the Powerwall and Megapack.