Robert W. Baird Cuts Tesla (NASDAQ:TSLA) Price Target to $538.00

Tesla (NASDAQ:TSLA) had its target price lowered by stock analysts at Robert W. Baird from $548.00 to $538.00 in a research report issued to clients and investors on Thursday,MarketScreener reports. The brokerage presently has an “outperform” rating on the electric vehicle producer’s stock. Robert W. Baird’s target price indicates a potential upside of 49.20% from the company’s current price.

A number of other equities analysts have also weighed in on the company. Stifel Nicolaus set a $508.00 price target on Tesla in a research report on Thursday, January 29th. Mizuho set a $540.00 price objective on Tesla and gave the stock an “outperform” rating in a report on Thursday, January 29th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Tesla in a report on Tuesday, January 27th. Canaccord Genuity Group dropped their target price on shares of Tesla from $520.00 to $420.00 and set a “buy” rating on the stock in a research report on Tuesday. Finally, Wedbush restated an “outperform” rating and set a $600.00 price target on shares of Tesla in a report on Friday, March 27th. Nineteen research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and ten have given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $402.61.

Tesla Trading Down 5.4%

Tesla stock opened at $360.59 on Thursday. The firm has a market cap of $1.35 trillion, a price-to-earnings ratio of 333.88, a price-to-earnings-growth ratio of 11.31 and a beta of 1.91. Tesla has a 1 year low of $214.25 and a 1 year high of $498.83. The firm’s 50 day moving average price is $402.83 and its two-hundred day moving average price is $427.85. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.77 and a current ratio of 2.16.

Tesla (NASDAQ:TSLA) last released its quarterly earnings data on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.05. The business had revenue of $24.90 billion during the quarter, compared to analyst estimates of $24.75 billion. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The company’s revenue was down 3.1% compared to the same quarter last year. During the same period last year, the company posted $0.73 EPS. On average, research analysts predict that Tesla will post 2.56 EPS for the current fiscal year.

Insider Activity

In related news, Director Kathleen Wilson-Thompson sold 25,809 shares of the firm’s stock in a transaction that occurred on Monday, March 30th. The shares were sold at an average price of $359.33, for a total transaction of $9,273,947.97. Following the completion of the sale, the director directly owned 33,860 shares in the company, valued at approximately $12,166,913.80. This trade represents a 43.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Vaibhav Taneja sold 2,264 shares of the business’s stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $397.03, for a total transaction of $898,875.92. Following the transaction, the chief financial officer directly owned 18,106 shares in the company, valued at $7,188,625.18. The trade was a 11.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 53,804 shares of company stock worth $20,865,598. Company insiders own 19.90% of the company’s stock.

Hedge Funds Weigh In On Tesla

Institutional investors and hedge funds have recently modified their holdings of the stock. Narwhal Capital Management lifted its position in shares of Tesla by 32.8% in the 3rd quarter. Narwhal Capital Management now owns 9,516 shares of the electric vehicle producer’s stock worth $4,232,000 after acquiring an additional 2,350 shares during the period. Gamco Investors INC. ET AL boosted its position in shares of Tesla by 29.6% during the 3rd quarter. Gamco Investors INC. ET AL now owns 32,576 shares of the electric vehicle producer’s stock valued at $14,487,000 after acquiring an additional 7,446 shares in the last quarter. China Universal Asset Management Co. Ltd. increased its stake in Tesla by 8.8% in the third quarter. China Universal Asset Management Co. Ltd. now owns 48,504 shares of the electric vehicle producer’s stock valued at $21,571,000 after acquiring an additional 3,935 shares during the period. Ashton Thomas Private Wealth LLC lifted its stake in Tesla by 26.0% during the third quarter. Ashton Thomas Private Wealth LLC now owns 18,032 shares of the electric vehicle producer’s stock worth $8,019,000 after purchasing an additional 3,724 shares during the period. Finally, Nations Financial Group Inc. IA ADV grew its stake in shares of Tesla by 20.0% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 16,565 shares of the electric vehicle producer’s stock valued at $7,367,000 after purchasing an additional 2,765 shares during the period. 66.20% of the stock is currently owned by hedge funds and other institutional investors.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: China demand showing improvement — China‑made EV sales rose ~8.7% in March, suggesting recovery in Tesla’s largest market that could stabilize revenue. Tesla’s China-made EV sales rise 8.7% in March — Reuters
• Positive Sentiment: Tesla continues to deploy energy storage (company reported 8.8 GWh in Q1), supporting its diversification beyond cars and a long‑term revenue stream. Tesla First Quarter 2026 Production, Deliveries & Deployments — BusinessWire
• Positive Sentiment: Geographic expansion: Tesla is ramping up stores and service infrastructure in Japan to chase the top imported‑car spot — a market push that could boost near‑term sales if execution holds. Tesla eyes Japan’s top imported-car spot — Reuters
• Neutral Sentiment: FSD / AI narrative remains a longer‑term upside: FSD v14.3 is in employee beta and broader rollouts could re‑accelerate monetization if safety/approval progress continues. Is Tesla’s FSD v14.3 Ready for a Wider Rollout? — Zacks
• Neutral Sentiment: SpaceX IPO / Musk‑ecosystem narratives are resurfacing; these are sentiment drivers rather than immediate earnings catalysts but can amplify volatility. Valuation to the Moon? SpaceX Gears Up for IPO — MarketBeat
• Negative Sentiment: Delivery miss: Q1 deliveries of ~358,000 missed Street expectations (~365–372k), the principal near‑term catalyst for the share decline as investors feared waning end‑market demand. Tesla’s first-quarter deliveries miss estimates — Reuters
• Negative Sentiment: Inventory build: Tesla produced ~408k vehicles but delivered ~358k, creating a ~50k gap that raises concerns about slowing demand, potential discounts and margin pressure. Tesla production vs deliveries — BusinessWire
• Negative Sentiment: Energy storage deployment fell short of some expectations (reported 8.8 GWh vs higher Street forecasts), magnifying worries that both core EV and energy businesses are underperforming. Delivery shortfall and energy storage disappointment — Blockonomi
• Negative Sentiment: Analyst cuts, competition and insider selling: a few sell/hold reiterations and visible insider sales (director Kathleen Wilson‑Thompson) plus BYD’s strong export growth are pressuring sentiment and amplify downside risk. GLJ maintains sell rating on Tesla — Yahoo Finance Tesla director sold $9.27M in stock — InsiderTrades BYD nearly matches Tesla’s exports — Benzinga

Tesla Company Profile

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.