Image from MarketBeat Media, LLC. Key Points Zions Bancorporation National Association UT increased its stake in Tesla by 5.5% in Q2, buying 1,232 shares to own 23,491 shares valued at about $7.46 million. Tesla beat quarterly expectations, reporting $0.50 EPS vs. $0.48 consensus and revenue of $28.10 billion (vs. $24.98 billion), with revenue up 11.6% year‑over‑year. Significant insider selling has occurred recently (202,606 shares worth ~$75.6M over 90 days, including sales by Xiaotong Zhu and James Murdoch); TSLA was down 3.7%, trading near $429 with a $1.43T market cap and an average analyst rating of "Hold" (avg target $391). MarketBeat Week in Review – 11/03 - 11/07 Tesla (NASDAQ:TSLA - Get Free Report) last released its quarterly earnings results on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.48 by $0.02. Tesla had a return on equity of 6.61% and a net margin of 5.51%.The business had revenue of $28.10 billion during the quarter, compared to the consensus estimate of $24.98 billion. During the same period in the previous year, the company posted $0.72 EPS. The business's quarterly revenue was up 11.6% compared to the same quarter last year. As a group, analysts forecast that Tesla, Inc. will post 2.56 earnings per share for the current year. Wall Street Analyst Weigh In A number of equities research analysts have recently commented on the stock. Needham & Company LLC reiterated a "hold" rating on shares of Tesla in a report on Thursday, October 23rd. BNP Paribas Exane assumed coverage on Tesla in a research note on Thursday, October 16th. They set an "underperform" rating and a $307.00 target price on the stock. Robert W. Baird raised Tesla from a "neutral" rating to an "outperform" rating and lifted their target price for the stock from $320.00 to $548.00 in a report on Friday, September 19th. Truist Financial upped their price target on Tesla from $280.00 to $406.00 and gave the company a "hold" rating in a report on Thursday, October 23rd. Finally, Piper Sandler lifted their price objective on Tesla from $400.00 to $500.00 and gave the stock an "overweight" rating in a report on Monday, September 22nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, thirteen have assigned a Hold rating and eleven have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $391.08.