Image from MarketBeat Media, LLC. Key Points Formidable Asset Management boosted its Tesla stake 8.6% in Q4 to 19,180 shares worth $8.53 million, making TSLA its 11th largest holding and representing about 1.2% of the fund; institutional investors now own roughly 66.2% of the stock. Tesla's fundamentals are mixed: Q4 EPS slightly beat ($0.50 vs. $0.45) with revenue of $24.9B (down 3.1% y/y), but Q1 vehicle deliveries missed expectations (358,023) while production outpaced deliveries—creating inventory and margin worries—and analysts hold a consensus "Hold" with a $403.98 price target. Valuation to the Moon? SpaceX Gears Up for IPO Liftoff With a Confidential Filing Tesla (NASDAQ:TSLA - Get Free Report) last released its earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, topping 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 business had revenue of $24.90 billion for the quarter, compared to analyst estimates of $24.75 billion. During the same quarter in the prior year, the company posted $0.73 earnings per share. Tesla's revenue was down 3.1% on a year-over-year basis. As a group, sell-side analysts predict that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year. Wall Street Analysts Forecast Growth Several equities research analysts have recently issued reports on the stock. TD Cowen increased their price objective on shares of Tesla from $509.00 to $519.00 and gave the stock a "buy" rating in a research report on Thursday, January 29th. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Tesla in a research report on Tuesday, January 27th. China Renaissance increased their target price on Tesla from $380.00 to $382.00 and gave the stock a "hold" rating in a report on Monday, February 2nd. Royal Bank Of Canada reissued a "buy" rating on shares of Tesla in a research note on Thursday, March 26th. Finally, Wells Fargo & Company cut their price target on Tesla from $130.00 to $125.00 and set an "underweight" rating on the stock in a report on Thursday, January 29th. Nineteen analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and ten have given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $403.98.