Wall Street Analysts Forecast Growth TSLA has been the subject of several research analyst reports. JPMorgan Chase & Co. decreased their target price on Tesla from $150.00 to $145.00 and set an “underweight” rating for the company in a research report on Friday, January 30th. Canaccord Genuity Group set a $520.00 price target on shares of Tesla in a research report on Thursday, January 29th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $500.00 price objective on shares of Tesla in a research report on Thursday, January 29th. UBS Group increased their target price on shares of Tesla from $307.00 to $352.00 and gave the company a “sell” rating in a research report on Thursday, January 29th. Finally, iA Financial set a $300.00 price target on shares of Tesla in a report on Monday, October 13th. Seventeen research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and nine have assigned a Sell rating to the company. Based on data from MarketBeat.com, Tesla has a consensus rating of “Hold” and a consensus target price of $403.92. Read Our Latest Stock Report on TSLA Tesla Stock Performance Shares of TSLA stock opened at $411.11 on Friday. The firm’s 50 day moving average is $446.45 and its 200 day moving average is $410.61. The stock has a market capitalization of $1.54 trillion, a P/E ratio of 380.66, a PEG ratio of 13.30 and a beta of 1.86. Tesla, Inc. has a 12 month low of $214.25 and a 12 month high of $498.83. The company has a current ratio of 2.16, a quick ratio of 1.77 and a debt-to-equity ratio of 0.08. Tesla (NASDAQ:TSLA – Get Free Report) last issued its earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.05. The business had revenue of $24.90 billion for the quarter, compared to analysts’ expectations of $24.75 billion. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The business’s revenue for the quarter was down 3.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.73 EPS. On average, sell-side analysts anticipate that Tesla, Inc. will post 2.56 earnings per share for the current year. Insider Activity at Tesla In related news, Director Kimbal Musk sold 56,820 shares of the 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 sale, the director owned 1,391,615 shares of the company’s stock, valued at approximately $627,145,215.90. This represents a 3.92% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director James R. Murdoch sold 60,000 shares of Tesla stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $445.40, for a total value of $26,724,000.00. Following the transaction, the director directly owned 577,031 shares of the company’s stock, valued at $257,009,607.40. The trade was a 9.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 119,457 shares of company stock worth $53,501,145. 19.90% of the stock is owned by company insiders. About Tesla