These Analysts Revise Their Forecasts On Tesla After Q4 Results
TeslaTesla(US:TSLA) Benzinga·2026-01-29 12:53

Core Insights - Tesla Inc. reported better-than-expected fourth-quarter results and plans to invest approximately $2 billion into CEO Elon Musk's artificial intelligence startup, xAI [1] - The company is preparing for production ramps of Tesla Semi and CyberCab, set to begin in the first half of 2026, and plans to unveil the Gen 3 version of Optimus in the first quarter of this year [1] Financial Performance - Tesla reported quarterly earnings of 50 cents per share, exceeding the consensus estimate of 45 cents by 12.36% [2] - Quarterly revenue reached $24.9 billion, surpassing the analyst consensus estimate of $24.78 billion [2] - Following the earnings announcement, Tesla shares rose 2.3% to $440.32 in pre-market trading [2] Analyst Ratings - Truist Securities analyst William Stein maintained a Hold rating on Tesla and lowered the price target from $439 to $438 [3] - Mizuho analyst Vijay Rakesh maintained an Outperform rating and raised the price target from $530 to $540 [3]

These Analysts Revise Their Forecasts On Tesla After Q4 Results - Reportify