Zacks Research Forecasts Tesla’s Q3 Earnings (NASDAQ:TSLA)

Tesla, Inc. (NASDAQ:TSLA) – Investment analysts at Zacks Research decreased their Q3 2026 earnings per share (EPS) estimates for shares of Tesla in a report issued on Wednesday, August 5th. Zacks Research analyst Team now expects that the electric vehicle producer will earn $0.19 per share for the quarter, down from their prior forecast of $0.22. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Tesla’s current full-year earnings is $0.88 per share. Zacks Research also issued estimates for Tesla’s Q4 2026 earnings at $0.16 EPS, FY2026 earnings at $0.58 EPS, Q2 2027 earnings at $0.05 EPS, Q3 2027 earnings at $0.06 EPS, Q4 2027 earnings at $0.12 EPS, FY2027 earnings at $0.29 EPS, Q1 2028 earnings at $0.06 EPS, Q2 2028 earnings at $0.06 EPS and FY2028 earnings at $0.29 EPS.

Tesla (NASDAQ:TSLA) last posted its quarterly earnings results on Wednesday, July 22nd. The electric vehicle producer reported $0.33 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.17). The company had revenue of $28.24 billion for the quarter, compared to analyst estimates of $26.42 billion. Tesla had a return on equity of 3.82% and a net margin of 3.67%.The business’s revenue for the quarter was up 25.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.33 earnings per share.

Several other equities analysts have also recently commented on the stock. Sanford C. Bernstein upgraded shares of Tesla from an “underperform” rating to an “outperform” rating in a report on Friday, June 5th. BNP Paribas Exane lowered Tesla from a “hold” rating to an “underperform” rating in a report on Friday, June 5th. Truist Financial set a $370.00 target price on Tesla and gave the company a “hold” rating in a research note on Thursday, July 23rd. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $485.00 target price (down from $510.00) on shares of Tesla in a research report on Thursday, July 23rd. Finally, DZ Bank raised Tesla from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 23rd. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, nineteen have given a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $401.74.

Tesla Stock Up 0.7%

TSLA stock opened at $330.88 on Monday. The company has a 50 day moving average of $377.06 and a two-hundred day moving average of $392.83. The company has a market cap of $1.31 trillion, a price-to-earnings ratio of 306.37, a PEG ratio of 16.59 and a beta of 1.83. Tesla has a 12-month low of $297.38 and a 12-month high of $498.83. The company has a quick ratio of 1.55, a current ratio of 1.94 and a debt-to-equity ratio of 0.09.

Institutional Trading of Tesla

A number of institutional investors and hedge funds have recently modified their holdings of TSLA. Vanguard Group Inc. lifted its position in Tesla by 2.6% during the 4th quarter. Vanguard Group Inc. now owns 258,925,024 shares of the electric vehicle producer’s stock worth $116,443,762,000 after acquiring an additional 6,538,720 shares during the last quarter. State Street Corp increased its stake in shares of Tesla by 0.9% in the fourth quarter. State Street Corp now owns 114,842,934 shares of the electric vehicle producer’s stock worth $51,647,164,000 after purchasing an additional 1,080,085 shares during the period. Geode Capital Management LLC increased its stake in shares of Tesla by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 65,700,975 shares of the electric vehicle producer’s stock worth $29,426,070,000 after purchasing an additional 375,946 shares during the period. Norges Bank acquired a new position in shares of Tesla during the 4th quarter worth about $17,128,100,000. Finally, Amundi boosted its stake in Tesla by 14.0% during the 1st quarter. Amundi now owns 22,174,884 shares of the electric vehicle producer’s stock valued at $8,243,513,000 after purchasing an additional 2,727,141 shares during the period. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CFO Vaibhav Taneja sold 2,606 shares of the business’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $402.20, for a total value of $1,048,133.20. Following the completion of the sale, the chief financial officer directly owned 22,039 shares in the company, valued at approximately $8,864,085.80. The trade was a 10.57% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 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: Retail investors reportedly directed about $372 million into Tesla, while a broader technology rally and expectations for long-term AI and autonomy growth have supported demand for the shares. Why Retail Investors Are Flooding Back Into Tesla
• Positive Sentiment: Tesla’s proposed $10.1 billion solar-cell factory in Texas signals a potentially significant expansion of its energy business and could strengthen the company’s longer-term growth narrative beyond vehicle sales. Tesla Files Plans for a $10.1 Billion Solar Factory in Texas
• Positive Sentiment: A six-seat Model Y configuration helped drive Tesla’s strongest July performance in Australia, offering evidence that product variations may expand demand in family-oriented markets. Tesla’s New 6-Seat Model Y
• Positive Sentiment: Analysts and investors continue to highlight Tesla’s app, services and charging ecosystem as ways to monetize its installed vehicle base without relying exclusively on new-car sales. Tesla Just Found Another Way to Grow Without Selling a Car

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.