Tesla (NASDAQ:TSLA) Shares Up 3.2% After Analyst Upgrade

Tesla, Inc. (NASDAQ:TSLA)’s stock price rose 3.2% on Thursday after UBS Group raised their price target on the stock from $364.00 to $442.00. UBS Group currently has a neutral rating on the stock. Tesla traded as high as $407.86 and last traded at $406.55. Approximately 36,591,720 shares were traded during mid-day trading, a decline of 37% from the average daily volume of 58,169,188 shares. The stock had previously closed at $394.06.

A number of other brokerages have also commented on TSLA. Royal Bank Of Canada increased their price objective on shares of Tesla from $475.00 to $500.00 and gave the stock an “outperform” rating in a report on Tuesday. Erste Group Bank upgraded shares of Tesla from a “sell” rating to a “hold” rating in a research report on Friday, June 5th. President Capital increased their price target on shares of Tesla from $424.00 to $428.00 and gave the company a “buy” rating in a research note on Monday, April 27th. Weiss Ratings reissued a “hold (c-)” rating on shares of Tesla in a report on Friday, April 24th. Finally, Guggenheim began coverage on shares of Tesla in a research report on Monday, June 29th. They issued a “neutral” rating for the company. Twenty-one investment analysts have rated the stock with a Buy rating, twenty-one have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $406.87.

Insider Transactions at Tesla

In related news, Director Kathleen Wilson-Thompson sold 26,409 shares of the company’s stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $378.11, for a total value of $9,985,506.99. Following the completion of the sale, the director owned 48,399 shares in the company, valued at approximately $18,300,145.89. This represents a 35.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 3,000 shares of the stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $450.00, for a total value of $1,350,000.00. Following the completion of the transaction, the chief financial officer directly owned 18,106 shares in the company, valued at $8,147,700. The trade was a 14.21% decrease in their position. 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. Over the last 90 days, insiders have sold 32,015 shares of company stock worth $12,383,640. Corporate insiders own 19.90% of the company’s stock.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla reported Q2 2026 production of 451,758 vehicles and deliveries of 480,126 units, a result that appears to have exceeded some Wall Street expectations and reinforced the bull case heading into earnings. Some Good and Bad News for Tesla Investors
• Positive Sentiment: RBC Capital raised its price target on Tesla to $500 from $475 and kept an Outperform rating, citing higher expectations tied to Tesla’s long-term AI and autonomy story. RBC Capital Raises its Price Target on Tesla (TSLA)
• Positive Sentiment: New commentary highlighted Tesla’s growing energy-storage business, including more than $9 billion in Megapack orders, which adds another source of growth beyond vehicle sales. Tesla (TSLA) Lands $9 Billion In Megapack Orders And Expands Home Energy Push
• Neutral Sentiment: Analysts continue to debate Tesla’s valuation ahead of July 22 earnings, with some bullish previews arguing for a beat while others warn the stock already reflects aggressive assumptions for robotaxi and Optimus. Tesla: Why A Big Earnings Beat Is Likely
• Negative Sentiment: Citizens launched coverage with a Market Perform/Hold view, saying investor optimism around Tesla’s autonomy products may be running ahead of the likely timeline for commercialization. Citizens says Tesla near-term optimism is too high
• Negative Sentiment: Several articles also warned that Tesla’s valuation remains stretched and that investors are still focused more on AI/robotaxi promises than on the core auto business, which can cap enthusiasm despite recent delivery strength. Tesla Stock Has ‘Immense’ AI Potential. Why You Shouldn’t Buy It.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Networth Advisors LLC acquired a new stake in shares of Tesla in the 4th quarter valued at about $26,000. Davidson Capital Management Inc. boosted its position in shares of Tesla by 79.4% during the fourth quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer’s stock worth $27,000 after buying an additional 27 shares during the period. Turning Point Benefit Group Inc. bought a new position in shares of Tesla during the third quarter worth about $30,000. Prism Advisors Inc. bought a new position in shares of Tesla during the fourth quarter worth about $30,000. Finally, Texas Capital Bancshares Inc TX acquired a new stake in Tesla in the 3rd quarter valued at approximately $31,000. Institutional investors own 66.20% of the company’s stock.

Tesla Price Performance

The stock has a market cap of $1.53 trillion, a P/E ratio of 372.98, a PEG ratio of 14.81 and a beta of 1.80. The company has a 50 day simple moving average of $409.15 and a 200 day simple moving average of $409.76. 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 (NASDAQ:TSLA) last issued its quarterly earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share for the quarter, topping 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 period last year, the business earned $0.27 EPS. The business’s quarterly revenue was up 15.8% on a year-over-year basis. Sell-side analysts forecast that Tesla, Inc. will post 1.29 earnings per share for the current fiscal year.

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.