Cantor Fitzgerald Weighs in on Tesla FY2025 Earnings

Tesla, Inc. (NASDAQ:TSLA) – Research analysts at Cantor Fitzgerald issued their FY2025 EPS estimates for shares of Tesla in a note issued to investors on Wednesday, April 23rd. Cantor Fitzgerald analyst A. Sheppard anticipates that the electric vehicle producer will post earnings per share of $1.53 for the year. Cantor Fitzgerald currently has a “Overweight” rating and a $355.00 price objective on the stock. The consensus estimate for Tesla’s current full-year earnings is $2.56 per share.

A number of other analysts have also recently issued reports on the stock. The Goldman Sachs Group reiterated a “neutral” rating on shares of Tesla in a research note on Tuesday. Benchmark reissued a “buy” rating and set a $350.00 target price on shares of Tesla in a research report on Wednesday. BNP Paribas set a $137.00 price target on Tesla and gave the stock an “underperform” rating in a research report on Wednesday, April 16th. Robert W. Baird cut their price objective on Tesla from $370.00 to $320.00 and set an “outperform” rating on the stock in a research note on Wednesday. Finally, Wells Fargo & Company reduced their target price on Tesla from $135.00 to $130.00 and set an “underweight” rating for the company in a report on Friday, March 14th. Ten research analysts have rated the stock with a sell rating, ten have given a hold rating, twenty-one have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, Tesla has an average rating of “Hold” and an average price target of $287.46.

Tesla Stock Up 3.5 %

Shares of Tesla stock opened at $259.51 on Friday. The stock has a 50-day simple moving average of $265.36 and a 200-day simple moving average of $322.18. Tesla has a 52-week low of $158.36 and a 52-week high of $488.54. The firm has a market cap of $834.72 billion, a price-to-earnings ratio of 127.21, a P/E/G ratio of 5.86 and a beta of 2.58. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.02 and a quick ratio of 1.61.

Tesla (NASDAQ:TSLA) last released its quarterly earnings data on Tuesday, April 22nd. The electric vehicle producer reported $0.27 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.26). Tesla had a net margin of 7.26% and a return on equity of 10.31%. The firm had revenue of $19.34 billion for the quarter, compared to analyst estimates of $22.93 billion. During the same period in the previous year, the business posted $0.45 EPS.

Institutional Investors Weigh In On Tesla

Several institutional investors have recently modified their holdings of the business. Cherry Tree Wealth Management LLC grew its holdings in Tesla by 86.3% during the 1st quarter. Cherry Tree Wealth Management LLC now owns 95 shares of the electric vehicle producer’s stock worth $25,000 after acquiring an additional 44 shares during the period. First PREMIER Bank increased its holdings in Tesla by 79.2% in the first quarter. First PREMIER Bank now owns 95 shares of the electric vehicle producer’s stock valued at $25,000 after purchasing an additional 42 shares during the last quarter. Newton One Investments LLC lifted its stake in Tesla by 250.0% in the first quarter. Newton One Investments LLC now owns 105 shares of the electric vehicle producer’s stock valued at $27,000 after buying an additional 75 shares during the period. True Wealth Design LLC boosted its holdings in Tesla by 79.5% during the fourth quarter. True Wealth Design LLC now owns 70 shares of the electric vehicle producer’s stock worth $28,000 after buying an additional 31 shares during the last quarter. Finally, Horrell Capital Management Inc. grew its position in shares of Tesla by 75.6% during the 4th quarter. Horrell Capital Management Inc. now owns 79 shares of the electric vehicle producer’s stock worth $32,000 after buying an additional 34 shares during the period. Institutional investors and hedge funds own 66.20% of the company’s stock.

Insider Activity

In related news, Director Robyn M. Denholm sold 112,390 shares of the firm’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $384.04, for a total value of $43,162,255.60. Following the transaction, the director now owns 85,000 shares in the company, valued at $32,643,400. This trade represents a 56.94 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Vaibhav Taneja sold 7,000 shares of the business’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $383.11, for a total value of $2,681,770.00. Following the sale, the chief financial officer now directly owns 108,965 shares of the company’s stock, valued at $41,745,581.15. This represents a 6.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 374,228 shares of company stock valued at $123,791,123 over the last three months. 20.70% of the stock is owned by insiders.

About Tesla

Tesla, Inc designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.