Key Points Roof Eidam Maycock Peralta LLC significantly reduced its Tesla holdings by 60.1%, now owning 945 shares worth approximately $300,000. Major institutional investors like Goldman Sachs and Vanguard increased their stakes in Tesla, with Goldman Sachs' stake growing by 322.1% in the first quarter. Tesla's latest quarterly earnings showed a report of $0.40 EPS, missing analyst expectations and reflecting a year-over-year revenue decline of 11.8%. Happy Third Birthday to the Bull Market Tesla (NASDAQ:TSLA - Get Free Report) last posted its quarterly earnings data on Wednesday, July 23rd. The electric vehicle producer reported $0.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.03). The company had revenue of $22.50 billion for the quarter, compared to analysts' expectations of $23.18 billion. Tesla had a net margin of 6.54% and a return on equity of 7.98%. The business's revenue for the quarter was down 11.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.52 earnings per share. Equities analysts anticipate that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year. Wall Street Analysts Forecast Growth Several research firms recently commented on TSLA. William Blair restated a "market perform" rating on shares of Tesla in a research report on Friday, September 5th. Mizuho raised their price target on shares of Tesla from $375.00 to $450.00 and gave the company an "outperform" rating in a research report on Tuesday, September 23rd. Robert W. Baird upgraded shares of Tesla from a "neutral" rating to an "outperform" rating and raised their price target for the company from $320.00 to $548.00 in a research report on Friday, September 19th. Piper Sandler raised their price target on shares of Tesla from $400.00 to $500.00 and gave the company an "overweight" rating in a research report on Monday, September 22nd. Finally, Benchmark restated a "buy" rating and set a $475.00 price target (up previously from $350.00) on shares of Tesla in a research report on Thursday, June 26th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, twelve have given a Hold rating and ten have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $363.54.