Image from MarketBeat Media, LLC. Key Points Oppenheimer Asset Management raised its Tesla stake 17.5% in Q3, buying 8,804 shares to hold 59,155 shares worth about $26.31M, while other institutions (notably Norges Bank’s new ~$11.84B stake) drive total institutional ownership to ~66.2%. Tesla beat EPS expectations ($0.50 vs. $0.45) with revenue of $24.90B (down 3.1% YoY), yet trades at a steep valuation (P/E ≈ 380.7) with a $1.54T market cap and an average analyst target of $403.92 (consensus: Hold). Tesla is expanding beyond cars—pursuing large‑scale solar ambitions, a vehicle‑to‑grid pilot and AI/robotics initiatives—but faces legal headline risk and intensifying competition after Volkswagen overtook it as Europe’s top EV seller. Tesla P/E Hits 400: 2 Reasons It's Still a Buy, 1 to Avoid Tesla (NASDAQ:TSLA - Get Free Report) last posted its quarterly earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 EPS for the quarter, beating the consensus estimate of $0.45 by $0.05. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The company had revenue of $24.90 billion during the quarter, compared to analysts' expectations of $24.75 billion. During the same quarter in the previous year, the business earned $0.73 EPS. The firm's revenue was down 3.1% on a year-over-year basis. Equities research analysts anticipate that Tesla, Inc. will post 2.56 earnings per share for the current year. Analysts Set New Price Targets A number of brokerages have issued reports on TSLA. Glj Research restated a "sell" rating on shares of Tesla in a research report on Thursday, January 29th. CICC Research upped their target price on Tesla from $450.00 to $500.00 and gave the company an "outperform" rating in a research note on Thursday, December 18th. Phillip Securities lowered their target price on Tesla from $220.00 to $215.00 and set a "sell" rating on the stock in a report on Monday, February 2nd. Dbs Bank upgraded Tesla to a "hold" rating in a research report on Wednesday, November 5th. Finally, New Street Research lifted their price objective on Tesla from $520.00 to $600.00 and gave the stock a "buy" rating in a research report on Tuesday, January 6th. Seventeen equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and nine have given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average target price of $403.92.