Cantor Fitzgerald Estimates Tesla FY2025 Earnings

Tesla, Inc. (NASDAQ:TSLA - Free Report) - Research analysts at Cantor Fitzgerald issued their FY2025 earnings per share (EPS) estimates for 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 of $1.53 per share for the year. Cantor Fitzgerald currently has a "Overweight" rating and a $355.00 target price on the stock. The consensus estimate for Tesla's current full-year earnings is $2.56 per share.

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

TSLA has been the topic of a number of other reports. Benchmark reiterated a "buy" rating and issued a $350.00 price target on shares of Tesla in a report on Wednesday, April 23rd. The Goldman Sachs Group reiterated a "neutral" rating on shares of Tesla in a research report on Tuesday, April 22nd. StockNews.com cut Tesla from a "hold" rating to a "sell" rating in a report on Friday, January 31st. Oppenheimer reaffirmed a "mixed" rating on shares of Tesla in a report on Tuesday, March 18th. Finally, Deutsche Bank Aktiengesellschaft cut their target price on shares of Tesla from $420.00 to $345.00 and set a "buy" rating for the company in a report on Friday, March 28th. Ten research analysts have rated the stock with a sell rating, ten have assigned a hold rating, twenty-one have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $287.46.

Tesla Price Performance

TSLA stock traded down $0.04 during trading on Friday, reaching $285.84. The company's stock had a trading volume of 72,358,367 shares, compared to its average volume of 96,099,990. The company's fifty day moving average is $262.49 and its 200-day moving average is $324.09. Tesla has a 1 year low of $167.41 and a 1 year high of $488.54. The company has a market capitalization of $919.42 billion, a P/E ratio of 140.16, a price-to-earnings-growth ratio of 5.86 and a beta of 2.58. The company has a quick ratio of 1.61, a current ratio of 2.02 and a debt-to-equity ratio of 0.08.

Insider Activity

In related news, Director James R. Murdoch sold 54,776 shares of the firm's stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $240.79, for a total value of $13,189,513.04. Following the completion of the sale, the director now owns 477,011 shares in the company, valued at $114,859,478.69. This trade represents a 10.30 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Vaibhav Taneja sold 7,000 shares of the stock in a transaction on 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 completion of the transaction, the chief financial officer now owns 108,965 shares of the company's stock, valued at $41,745,581.15. The trade was a 6.04 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 374,228 shares of company stock worth $123,791,123. 20.70% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Tesla

Hedge funds have recently modified their holdings of the company. Principal Financial Group Inc. lifted its holdings in shares of Tesla by 5.6% during the 3rd quarter. Principal Financial Group Inc. now owns 3,650,393 shares of the electric vehicle producer's stock valued at $955,052,000 after acquiring an additional 194,796 shares in the last quarter. McIlrath & Eck LLC lifted its holdings in Tesla by 6.0% in the 3rd quarter. McIlrath & Eck LLC now owns 3,401 shares of the electric vehicle producer's stock worth $890,000 after buying an additional 192 shares in the last quarter. Advisory Resource Group increased its holdings in Tesla by 1.2% during the 3rd quarter. Advisory Resource Group now owns 4,260 shares of the electric vehicle producer's stock worth $1,115,000 after purchasing an additional 50 shares during the last quarter. Morse Asset Management Inc increased its stake in shares of Tesla by 46.0% in the third quarter. Morse Asset Management Inc now owns 8,712 shares of the electric vehicle producer's stock worth $2,279,000 after buying an additional 2,743 shares during the last quarter. Finally, SkyView Investment Advisors LLC increased its position in shares of Tesla by 31.4% in the 3rd quarter. SkyView Investment Advisors LLC now owns 5,579 shares of the electric vehicle producer's stock worth $1,460,000 after purchasing an additional 1,334 shares during the last quarter. 66.20% of the stock is owned by institutional investors and hedge funds.

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.