Core Insights - Tesla, Inc. is set to release its third-quarter earnings results on October 22, with analysts expecting earnings of 56 cents per share, a decrease from 72 cents per share in the same period last year [1] - The consensus estimate for Tesla's quarterly revenue is $26.7 billion, an increase from $25.18 billion a year earlier [1] - Tesla has missed analyst revenue estimates for four consecutive quarters and seven out of the last ten quarters [2] Stock Performance - Tesla's shares fell by 1.1%, closing at $442.60 on Tuesday [2] Analyst Ratings - Cantor Fitzgerald analyst Andres Sheppard maintains an Overweight rating with a price target of $355, with an accuracy rate of 86% [4] - Wedbush analyst Daniel Ives has an Outperform rating with a price target of $600, with an accuracy rate of 82% [4] - Canaccord Genuity analyst George Gianarikas holds a Buy rating with a price target of $490, with an accuracy rate of 76% [4] - Mizuho analyst Vijay Rakesh raised the price target from $375 to $450 while maintaining an Outperform rating, with an accuracy rate of 79% [4] - Baird analyst Ben Kallo upgraded the stock from Neutral to Outperform and raised the price target from $320 to $548, with an accuracy rate of 80% [4]
Tesla Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts - Tesla (NASDAQ:TSLA)