Tesla (NASDAQ:TSLA) Stock Keeps Sell Rating at Glj Research

Tesla (NASDAQ:TSLA)‘s stock had its “sell” rating reiterated by Glj Research in a report issued on Thursday, Benzinga reports.

A number of other brokerages also recently commented on TSLA. BMO Capital Markets initiated coverage on Tesla in a research report on Monday, August 17th. They set an “outperform” rating on the stock. Robert W. Baird set a $475.00 price objective on Tesla in a research report on Monday, July 27th. TD Cowen reiterated a “buy” rating on shares of Tesla in a research report on Friday, August 14th. William Blair reiterated a “market perform” rating on shares of Tesla in a research report on Thursday, July 2nd. Finally, KeyCorp upgraded Tesla to a “sector weight” rating in a research report on Monday, September 28th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, seventeen have given a Hold rating and five have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Tesla currently has a consensus rating of “Hold” and an average target price of $412.33.

Tesla Stock Down 2.2%

Tesla stock opened at $367.16 on Thursday. The company has a quick ratio of 1.55, a current ratio of 1.94 and a debt-to-equity ratio of 0.09. Tesla has a 52 week low of $297.38 and a 52 week high of $498.83. The business’s 50-day moving average price is $358.60 and its 200 day moving average price is $377.05. The firm has a market cap of $1.45 trillion, a price-to-earnings ratio of 339.97, a price-to-earnings-growth ratio of 24.37 and a beta of 1.92.

Tesla (NASDAQ:TSLA) last issued its quarterly earnings data on Thursday, July 23rd. The electric vehicle producer reported $0.33 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.17). Tesla had a net margin of 3.67% and a return on equity of 3.82%. The business had revenue of $28.24 billion during the quarter, compared to analyst estimates of $26.42 billion. During the same period in the previous year, the business posted $0.33 earnings per share. The firm’s revenue for the quarter was up 25.5% on a year-over-year basis. As a group, sell-side analysts anticipate that Tesla will post 0.69 earnings per share for the current year.

Insider Activity

In other news, CFO Vaibhav Taneja sold 2,606 shares of the company’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $360.13, for a total transaction of $938,498.78. Following the completion of the transaction, the chief financial officer directly owned 25,972 shares of the company’s stock, valued at approximately $9,353,296.36. This represents a 9.12% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 19.90% of the company’s stock.

Institutional Trading of Tesla

Large investors have recently made changes to their positions in the company. Security National Bank of Sioux City Iowa IA purchased a new stake in Tesla during the 2nd quarter valued at approximately $25,000. Friedenthal Financial raised its stake in Tesla by 66.7% during the 1st quarter. Friedenthal Financial now owns 75 shares of the electric vehicle producer’s stock valued at $28,000 after acquiring an additional 30 shares during the last quarter. Harborfront Financial Group LLC purchased a new stake in Tesla during the 2nd quarter valued at approximately $34,000. Montgomery Financial Services LLC purchased a new stake in Tesla during the 2nd quarter valued at approximately $40,000. Finally, Lam Group Inc. purchased a new stake in Tesla during the 1st quarter valued at approximately $37,000. 66.20% of the stock is owned by institutional investors and hedge funds.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla is set to unveil its long-delayed next-generation Roadster, a sports EV expected to start at roughly $200,000. The event could generate publicity and reinforce the company’s premium-performance and technology narrative, although commercial volume is likely to be limited. Tesla set to unveil next generation Roadster sports EV after years of delay
• Positive Sentiment: Tesla’s Cybercab robotaxi fleet in Austin has reportedly expanded sharply, supporting the long-term autonomy investment case that underpins much of TSLA’s valuation. The company is also bringing robotaxi and supervised FSD technology to additional markets. Tesla Robotaxi Fleet in Austin Soars
• Positive Sentiment: Tesla and Pilot have opened their first heavy-duty Megacharger site, with 12 more planned or under construction. The rollout could expand Tesla’s energy and commercial-vehicle opportunity. California legislation supporting virtual power plants may also benefit Tesla’s energy-storage business. Pilot, Tesla open first Megacharger site
• Neutral Sentiment: A Barclays analyst suggested Tesla and SpaceX could merge before December, but prediction markets reportedly assign low odds to the idea. The speculation may attract attention but has not been confirmed by either company. Tesla and SpaceX could merge before December
• Negative Sentiment: Analysts expect third-quarter earnings to decline, with vehicle deliveries down year over year and automotive margins under scrutiny. Investors will also seek details on robotaxi revenue per trip, FSD economics and the path to profitability.
• Negative Sentiment: Tesla expects more than $25 billion in 2026 capital spending. The proposed Terafab semiconductor project could improve supply-chain control, but building and operating an advanced chip fab would add substantial cost and execution risk, potentially requiring outside funding. Tesla Wants to Make Its Own Chips
• Negative Sentiment: China’s price war and rising competition remain headwinds, while Tesla’s stock valuation—above 300 times earnings in the supplied data—leaves limited room for execution misses. These concerns have contributed to recent weakness despite a rebound from earlier lows.

About Tesla

Tesla, Inc (NASDAQ:TSLA) designs, manufactures and sells electric vehicles, energy storage systems and solar energy products. Its vehicle lineup includes the Model S, Model 3, Model X, Model Y, Cybertruck and Tesla Semi. The company also develops vehicle software and driver-assistance features, operates a global Supercharger network and provides related vehicle services.

Tesla’s energy business offers battery storage products for residential, commercial and utility customers, including Powerwall and Megapack, as well as solar panels and solar roofing products.