Wells Fargo & Company Has Lowered Expectations for Tesla (NASDAQ:TSLA) Stock Price
- by lulegacy
- Jan 29, 2026
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Key Points
Wells Fargo cut its price target on Tesla to $125 and kept an "underweight" rating, implying roughly a 70.7% downside from the stock's recent close.
The analyst consensus remains a "Hold" with an average price target of $410.86, reflecting mixed views (18 Buys, 13 Holds, 8 Sells) while TSLA traded near $426.
Tesla slightly beat Q4 EPS and revenue estimates but reported a full‑year revenue decline and plans to more than double capex to about $20B, raising near‑term execution and cash‑flow risks. MarketBeat Week in Review – 01/19 - 01/23
In other Tesla news, Director James R. Murdoch sold 60,000 shares of the company's stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $445.40, for a total transaction of $26,724,000.00. Following the sale, the director owned 577,031 shares in the company, valued at $257,009,607.40. This represents a 9.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Kimbal Musk sold 56,820 shares of the firm's stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $450.66, for a total transaction of $25,606,501.20. Following the completion of the transaction, the director owned 1,391,615 shares in the company, valued at approximately $627,145,215.90. The trade was a 3.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 119,457 shares of company stock valued at $53,501,145 in the last ninety days. Corporate insiders own 19.90% of the company's stock.
Institutional Investors Weigh In On Tesla
Large investors have recently made changes to their positions in the company. Networth Advisors LLC acquired a new position in shares of Tesla in the 4th quarter valued at $26,000. Chapman Financial Group LLC acquired a new position in Tesla in the second quarter worth about $26,000. Davidson Capital Management Inc. lifted its stake in Tesla by 79.4% during the fourth quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer's stock worth $27,000 after purchasing an additional 27 shares during the period. LGT Financial Advisors LLC acquired a new stake in Tesla during the second quarter valued at approximately $29,000. Finally, Manning & Napier Advisors LLC bought a new stake in shares of Tesla in the 3rd quarter valued at approximately $29,000. Institutional investors own 66.20% of the company's stock.
Key Headlines Impacting Tesla
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