Erste Group Bank Has Weak Outlook for Tesla FY2026 Earnings

Tesla, Inc. (NASDAQ:TSLA) – Erste Group Bank lowered their FY2026 earnings estimates for shares of Tesla in a note issued to investors on Tuesday, May 5th. Erste Group Bank analyst S. Lingnau now anticipates that the electric vehicle producer will post earnings per share of $1.17 for the year, down from their previous estimate of $1.18. The consensus estimate for Tesla’s current full-year earnings is $1.25 per share. Erste Group Bank also issued estimates for Tesla’s FY2027 earnings at $1.60 EPS.

Other analysts also recently issued research reports about the company. Robert W. Baird dropped their price target on Tesla from $538.00 to $522.00 and set an “outperform” rating on the stock in a research note on Friday, April 24th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Tesla in a research report on Monday, April 27th. Phillip Securities lifted their target price on Tesla from $215.00 to $220.00 and gave the company a “sell” rating in a research report on Monday, April 27th. Mizuho reduced their price target on Tesla from $540.00 to $480.00 and set an “outperform” rating for the company in a research report on Thursday, April 23rd. Finally, China Renaissance decreased their price target on shares of Tesla from $382.00 to $372.00 and set a “hold” rating for the company in a research note on Monday, April 27th. Nineteen research analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and five have assigned a Sell rating to the stock. Based on data from MarketBeat, Tesla has an average rating of “Hold” and a consensus price target of $398.42.

Tesla Trading Up 3.1%

TSLA opened at $411.27 on Friday. The stock has a market capitalization of $1.54 trillion, a P/E ratio of 377.31, a P/E/G ratio of 15.17 and a beta of 1.79. The company has a current ratio of 2.04, a quick ratio of 1.62 and a debt-to-equity ratio of 0.09. Tesla has a 12 month low of $273.21 and a 12 month high of $498.83. The firm’s fifty day simple moving average is $382.66 and its 200 day simple moving average is $418.37.

Tesla (NASDAQ:TSLA) last released its quarterly earnings results 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. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The company had revenue of $22.39 billion during the quarter, compared to analysts’ expectations of $22.96 billion. During the same quarter in the prior year, the company earned $0.27 earnings per share. The business’s quarterly revenue was up 15.8% compared to the same quarter last year.

Institutional Investors Weigh In On Tesla

Several hedge funds have recently bought and sold shares of the company. Networth Advisors LLC bought a new position in shares of Tesla during the 4th quarter worth approximately $26,000. Davidson Capital Management Inc. lifted its holdings in Tesla by 79.4% during the 4th 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 stake in Tesla during the 3rd quarter valued at $30,000. Manning & Napier Advisors LLC bought a new position in Tesla during the third quarter worth $29,000. Finally, Prism Advisors Inc. acquired a new position in shares of Tesla in the fourth quarter valued at $30,000. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Tesla news, CFO Vaibhav Taneja sold 2,264 shares of the company’s stock in a transaction on Friday, March 6th. The shares were sold at an average price of $397.03, for a total transaction of $898,875.92. Following the sale, the chief financial officer directly owned 18,106 shares of the company’s stock, valued at approximately $7,188,625.18. This represents a 11.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Kathleen Wilson-Thompson sold 26,409 shares of the stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $378.11, for a total transaction of $9,985,506.99. Following the completion of the sale, the director owned 48,399 shares of the company’s stock, valued at approximately $18,300,145.89. This represents a 35.30% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 80,213 shares of company stock worth $30,851,105. Company insiders own 19.90% of the company’s stock.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: China sales rebound: China-made EV deliveries rose ~36% year-over-year in April (sixth straight monthly gain), supporting revenue growth in Tesla’s largest market and helping lift investor confidence. China sales Reuters
• Positive Sentiment: Safety/regulatory win for autonomy: The 2026 Tesla Model Y became the first vehicle to meet the U.S. NHTSA’s new advanced driver?assistance safety benchmark — a credibility boost for Tesla’s FSD/autonomy roadmap and reduces near?term regulatory execution risk. Model Y safety TechCrunch
• Positive Sentiment: Commercial truck demand: WattEV placed a 370?unit order for Tesla Semis — a large fleet commitment that signals early commercial traction for Tesla’s heavy?duty offering and potential revenue beyond passenger vehicles. WattEV Semi order
• Positive Sentiment: Supply chain/AI upside: Filings around Elon Musk’s Terafab chip project (initially ~$55B; could scale much larger) reinforce the prospect of a closer, more assured chip supply for Tesla’s AI/autonomy ambitions — a long?term supportive factor for TSLA’s valuation if realized. Terafab CNBC
• Neutral Sentiment: Recall headline — but fixable: Tesla announced a recall covering ~218,868 U.S. vehicles for a delayed rearview camera image issue; the company says a software update will address it and investors have largely treated this as manageable. Monitor any escalation or regulatory follow?ups. Recall reaction TipRanks
• Negative Sentiment: Execution risk on robotics/Optimus: Analysts and notes from Zacks highlight that Optimus (Tesla’s humanoid robot) and some autonomy targets remain more promise than proven — missed timelines and technical hurdles could pressure expectations if milestones slip. Optimus execution Zacks
• Negative Sentiment: Bear commentary and competition: Critical pieces (including sell-side and independent takes) warn that Tesla’s valuation increasingly rests on autonomous/robotaxi outcomes and that intensifying competition (and geopolitical/import policy risks) could cap upside if those narratives disappoint. Sell thesis Seeking Alpha

About Tesla

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.