Tesla (TSLA) shares fell 3% to $374.58 on Thursday but were still up 6% for the week, on track for their strongest weekly gain since late August. Tesla reported adjusted EPS of $0.48 versus a $0.45 consensus, while revenue of $28.05 billion came in below the expected $28.25 billion. GLJ Research argued the Q3 beat came from a Supreme Court tariff ruling rather than operations, cutting its adjusted EPS estimate to $0.38 versus $0.44 expected. Canaccord raised its target to $442 from $410 and kept a 'Buy' rating, while JPMorgan, Morgan Stanley, Mizuho, Cantor Fitzgerald and BNP Paribas also adjusted targets or ratings, with targets ranging from $410 to $485. Tesla has more than 1.7 million paid FSD customers globally, while its stock is down about 17% so far this year.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: TSLA Eyes Best Week In 2 Months — Analyst Sees Physical Tech’s ‘Berkshire,’ But Bear Credits Court Ruling For Q3 Beat
Read the original on Yahoo Finance ↗
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Related tickers and likely impact
TSLA
▲ Likely positiveTesla, Inc.
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Automobile Manufacturers |
| Market cap | $1.4T |
| Close on 10/22/2026 | 374.58 |
| Change that session | -3.08% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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