Equities Analysts Offer Predictions for Tesla Q2 Earnings

Tesla, Inc. (NASDAQ:TSLA) – Equities researchers at Zacks Research reduced their Q2 2027 EPS estimates for Tesla in a research note issued on Wednesday, November 4th. Zacks Research analyst Team now anticipates that the electric vehicle producer will earn $0.00 per share for the quarter, down from their previous forecast of $0.05. The consensus estimate for Tesla’s current full-year earnings is $0.67 per share. Zacks Research also issued estimates for Tesla’s Q3 2027 earnings at $0.01 EPS, Q4 2027 earnings at $0.06 EPS, FY2027 earnings at $0.10 EPS, Q1 2028 earnings at $0.07 EPS, Q2 2028 earnings at $0.00 EPS, Q3 2028 earnings at $0.00 EPS and FY2028 earnings at $0.07 EPS.

Tesla (NASDAQ:TSLA) last released its quarterly earnings results on Wednesday, October 21st. The electric vehicle producer reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.46 by $0.02. Tesla had a net margin of 3.11% and a return on equity of 3.03%. The company had revenue of $28.05 billion for the quarter, compared to analyst estimates of $28.06 billion. During the same period last year, the firm earned $0.50 earnings per share. The firm’s revenue was down .2% on a year-over-year basis.

A number of other brokerages also recently weighed in on TSLA. Piper Sandler restated an “overweight” rating and issued a $475.00 target price (up from $450.00) on shares of Tesla in a research note on Thursday, October 22nd. Yorkville Ives initiated coverage on Tesla in a research report on Wednesday, October 7th. They set an “outperform” rating and a $500.00 price target for the company. Robert W. Baird set a $475.00 price target on Tesla in a report on Monday, July 27th. Citigroup reissued a “neutral” rating on shares of Tesla in a research report on Wednesday, October 21st. Finally, Barclays upgraded Tesla from an “outperform” rating to an “overweight” rating and upped their price objective for the company from $370.00 to $450.00 in a research note on Monday, October 26th. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, sixteen have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $414.51.

Tesla Trading Up 5.5%

NASDAQ:TSLA opened at $378.05 on Monday. Tesla has a 52 week low of $297.38 and a 52 week high of $498.83. The firm has a 50-day moving average price of $372.73 and a two-hundred day moving average price of $384.08. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.39 and a current ratio of 1.74. The firm has a market cap of $1.49 trillion, a price-to-earnings ratio of 527.66, a price-to-earnings-growth ratio of 23.86 and a beta of 1.74.

Hedge Funds Weigh In On Tesla

Several institutional investors have recently bought and sold shares of the company. Legal & General Group Plc bought a new position in shares of Tesla during the 2nd quarter worth $8,535,612,000. Bank of New York Mellon Corp bought a new stake in Tesla in the 2nd quarter valued at about $6,083,630,000. Deutsche Bank AG bought a new stake in Tesla in the 2nd quarter valued at about $4,039,090,000. Canada Pension Plan Investment Board purchased a new stake in Tesla during the second quarter valued at about $3,144,509,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in Tesla during the second quarter valued at about $2,995,584,000. Hedge funds and other institutional investors own 66.20% of the company’s stock.

Insider Buying and Selling at Tesla

In other news, CFO Vaibhav Taneja sold 2,606 shares of the firm’s stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $360.13, for a total transaction of $938,498.78. Following the completion of the sale, the chief financial officer owned 25,972 shares in the company, valued at $9,353,296.36. This trade represents a 9.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 20.00% of the stock is owned by corporate insiders.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla is expanding robotaxi service to San Antonio, its fourth Texas market, and has enlarged the Austin service area. The rollout supports the investment case that autonomous rides could become a significant growth business. Tesla expands robotaxi service to San Antonio
• Positive Sentiment: Musk says Cybertruck orders exceed what Tesla can produce before the line is repurposed for Cybercab. Some investors may view the move as prioritizing a potentially larger robotaxi opportunity, although the production cutoff also carries risks. Tesla to refund many Cybertruck deposits as demand exceeds production, Musk says
• Neutral Sentiment: Shares also benefited from a broader rebound in growth stocks, so the move was not solely driven by Tesla-specific developments. Tesla rises despite Cybertruck refund warning
• Negative Sentiment: Cybertruck production is expected to end around mid-2027, and Tesla says it will refund many reservation deposits it cannot fulfill. The pivot may sacrifice vehicle sales and risks disappointing customers, despite the reported backlog. Musk says Tesla must refund Cybertruck deposits
• Negative Sentiment: Tesla’s retail sales in China fell to their lowest level since July 2022, raising concerns about demand in a key market even as overall China sales reportedly increased. Tesla China sales report
• Negative Sentiment: Valuation-focused commentary warned that Tesla’s forward P/E leaves little room for execution setbacks, while political and regulatory uncertainty could weigh on growth plans. Tesla valuation warning

About Tesla

Tesla, Inc designs, develops, manufactures and sells electric vehicles and energy products. Its vehicle lineup includes the Model S, Model 3, Model X, Model Y and Cybertruck, along with related software and services.

The company also provides energy generation and storage products, including solar systems, Powerwall home batteries and Megapack utility-scale storage. Its services include vehicle maintenance, charging through the Supercharger network and software features for its vehicles.

Founded in 2003 and headquartered in Austin, Texas, Tesla serves customers in markets around the world.