Tesla (NASDAQ:TSLA) Price Target Cut to $490.00 by Analysts at TD Cowen
- by lulegacy
- Apr 15, 2026
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Key Points
TD Cowen cut its Tesla price target to $490 (from $519) but kept a "buy" rating, implying roughly a 34.6% upside from the current price.
Analyst views are mixed: the Street average rating is "Hold" with an average price target of $398.61 (19 Buy, 15 Hold, 9 Sell) and individual targets ranging about $400–$550.
Tesla slightly beat last quarter's EPS and revenue ($0.50 EPS; $24.9B revenue) but revenue was down 3.1% YoY and net margin is thin (4.0%), while insiders have sold roughly 53,804 shares (~$20.9M), posing near‑term downside risks ahead of upcoming earnings. Intel Went From Market Reject to Musk's AI Partner — What Happens Next?
In other news, Director Kathleen Wilson-Thompson sold 25,809 shares of Tesla stock in a transaction that occurred on Monday, March 30th. The stock was sold at an average price of $359.33, for a total value of $9,273,947.97. Following the completion of the transaction, the director owned 33,860 shares in the company, valued at approximately $12,166,913.80. The trade was a 43.25% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Vaibhav Taneja sold 2,264 shares of the firm's stock in a transaction on Friday, March 6th. The stock was sold at an average price of $397.03, for a total value of $898,875.92. Following the completion of the sale, the chief financial officer owned 18,106 shares of the company's stock, valued at approximately $7,188,625.18. This represents a 11.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 53,804 shares of company stock valued at $20,865,598. 19.90% of the stock is owned by insiders.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of the business. Relyea Zuckerberg Hanson LLC lifted its holdings in shares of Tesla by 0.4% during the 3rd quarter. Relyea Zuckerberg Hanson LLC now owns 6,558 shares of the electric vehicle producer's stock valued at $2,916,000 after purchasing an additional 23 shares during the last quarter. Equita Financial Network Inc. raised its position in shares of Tesla by 2.8% in the third quarter. Equita Financial Network Inc. now owns 855 shares of the electric vehicle producer's stock worth $380,000 after acquiring an additional 23 shares during the period. VanderPol Investments L.L.C. raised its position in Tesla by 2.2% during the third quarter. VanderPol Investments L.L.C. now owns 1,070 shares of the electric vehicle producer's stock worth $464,000 after acquiring an additional 23 shares during the period. Resonant Capital Advisors LLC raised its position in shares of Tesla by 0.3% during the 3rd quarter. Resonant Capital Advisors LLC now owns 8,577 shares of the electric vehicle producer's stock worth $3,814,000 after purchasing an additional 23 shares during the last quarter. Finally, Cloud Capital Management LLC lifted its stake in Tesla by 1.1% in the 3rd quarter. Cloud Capital Management LLC now owns 2,076 shares of the electric vehicle producer's stock valued at $923,000 after buying an additional 23 shares in the last quarter. Institutional investors own 66.20% of the company's stock.
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