Tesla (NASDAQ:TSLA) Stock Price Target Raised at JPMorgan Chase & Co.

Tesla (NASDAQ:TSLA) had its price objective lifted by JPMorgan Chase & Co. from $415.00 to $430.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The firm currently has a “neutral” rating on the electric vehicle producer’s stock. JPMorgan Chase & Co.’s price objective suggests a potential upside of 11.57% from the stock’s current price.

TSLA has been the topic of several other research reports. BMO Capital Markets initiated coverage on shares of Tesla in a report on Monday, August 17th. They set an “outperform” rating on the stock. Canaccord Genuity Group set a $442.00 price objective on shares of Tesla in a research note on Thursday. Stifel Nicolaus set a $491.00 price objective on shares of Tesla and gave the stock a “buy” rating in a research note on Monday, August 3rd. Tigress Financial restated a “buy” rating and set a $550.00 price objective on shares of Tesla in a research report on Thursday, October 8th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Tesla in a research note on Monday. One analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, twenty have issued a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat, Tesla currently has a consensus rating of “Hold” and an average target price of $418.13.

Tesla Stock Performance

Shares of TSLA stock traded down $1.08 during trading hours on Thursday, reaching $385.39. 10,431,711 shares of the company traded hands, compared to its average volume of 50,424,336. Tesla has a 12-month low of $297.38 and a 12-month high of $498.83. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.94 and a quick ratio of 1.55. The company has a market cap of $1.52 trillion, a P/E ratio of 359.09, a P/E/G ratio of 23.73 and a beta of 1.92. The firm has a 50-day moving average price of $362.72 and a 200 day moving average price of $377.16.

Tesla (NASDAQ:TSLA) last announced its quarterly earnings data on Thursday, October 22nd. The electric vehicle producer reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.03. The company had revenue of $28.05 billion during the quarter, compared to the consensus estimate of $28.06 billion. Tesla had a return on equity of 3.82% and a net margin of 3.67%. The firm’s revenue was down .2% on a year-over-year basis. During the same period in the previous year, the company posted $0.50 EPS. As a group, sell-side analysts predict that Tesla will post 0.71 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the 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 directly owned 25,972 shares of the company’s stock, valued at $9,353,296.36. This trade represents a 9.12% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 19.90% of the stock is owned by insiders.

Institutional Investors Weigh In On Tesla

Several institutional investors and hedge funds have recently modified their holdings of TSLA. State Street Corp grew its stake in Tesla by 2.4% during the second quarter. State Street Corp now owns 117,456,756 shares of the electric vehicle producer’s stock valued at $49,402,312,000 after acquiring an additional 2,761,298 shares in the last quarter. Amundi lifted its stake in Tesla by 14.0% in the 1st quarter. Amundi now owns 22,174,884 shares of the electric vehicle producer’s stock worth $8,243,513,000 after purchasing an additional 2,727,141 shares in the last quarter. Legal & General Group Plc purchased a new stake in Tesla in the 2nd quarter worth $8,535,612,000. Bank of New York Mellon Corp bought a new position in shares of Tesla during the 2nd quarter valued at about $6,083,630,000. Finally, Bamco Inc. NY boosted its holdings in shares of Tesla by 5.0% during the 2nd quarter. Bamco Inc. NY now owns 12,524,752 shares of the electric vehicle producer’s stock valued at $5,267,911,000 after purchasing an additional 591,243 shares during the last quarter. Institutional investors own 66.20% of the company’s stock.

Key Stories Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla reported adjusted EPS of $0.48, above the $0.45 consensus estimate, while revenue of approximately $28.05 billion was broadly in line with expectations. Free cash flow was about $1.5 billion, a significant improvement over expectations for a cash burn, and cash reserves reached roughly $45.4 billion. Tesla revenue beats estimates as deliveries rebound
• Positive Sentiment: Full Self-Driving remains a major bull-case catalyst: management said subscriptions rose 67% year over year, with FSD attached to more than 75% of new North American deliveries. Tesla also said it has begun producing Optimus robots and plans to begin delivering some Cybercabs by year-end. Tesla FSD and robotaxi outlook
• Neutral Sentiment: Tesla and SpaceX have formed independent committees to study a possible merger. The combination could provide AI, robotics, software and infrastructure synergies, but it is not assured, requires shareholder approval and raises questions about transaction terms, dilution and governance. Tesla SpaceX merger talks
• Negative Sentiment: Profitability deteriorated despite the EPS beat. Operating income fell sharply year over year as AI, robotics and autonomy expenses increased; automotive revenue declined, and Tesla Energy revenue reportedly missed expectations by about 22%. The results reinforce concerns that Tesla’s core vehicle business is not yet funding its ambitious technology expansion. Tesla valuation and third-quarter results
• Negative Sentiment: Tesla reduced its 2026 capital-spending outlook to approximately $20 billion from more than $25 billion and pushed back aspects of its Optimus roadmap. Investors interpreted the pullback as a possible sign that AI, robotaxi and robotics deployment may take longer than anticipated. Cybercab plans are also clouded by a federal safety investigation, while unsupervised FSD for personal vehicles is not expected until 2027. Tesla spending pullback and AI ambitions
• Negative Sentiment: Analyst opinion remains divided: Mizuho raised its target to $460 and CLSA upgraded Tesla to Hold, but Needham maintained Hold and GLJ Research reaffirmed Sell. With Tesla trading at a very high earnings multiple, investors are demanding rapid growth from products that remain largely unproven at scale.

About Tesla

Tesla, Inc is an electric vehicle and clean energy company headquartered in Austin, Texas. Founded in 2003, the company designs, manufactures and sells electric vehicles, including the Model S, Model 3, Model X, Model Y and Cybertruck. Tesla also develops vehicle software, driver-assistance features and related services intended to support the operation and ownership of its vehicles.

Beyond automobiles, Tesla produces energy storage products for residential, commercial and utility-scale applications, including the Powerwall and Megapack.