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Tesla (TSLA) Declines More Than Market: Some Information for Investors
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Tesla (TSLA - Free Report) closed at $378.03 in the latest trading session, marking a -1.22% move from the prior day. The stock's performance was behind the S&P 500's daily loss of 0.06%. Meanwhile, the Dow gained 0.38%, and the Nasdaq, a tech-heavy index, lost 0.44%.
The electric car maker's shares have seen an increase of 4.72% over the last month, surpassing the Auto-Tires-Trucks sector's gain of 0.28% and the S&P 500's gain of 2.36%.
Investors will be eagerly watching for the performance of Tesla in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on October 21, 2026. In that report, analysts expect Tesla to post earnings of $0.44 per share. This would mark a year-over-year decline of 12%. Our most recent consensus estimate is calling for quarterly revenue of $27.8 billion, down 1.03% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $1.7 per share and a revenue of $105.96 billion, representing changes of +2.41% and +11.74%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for Tesla. Such recent modifications usually signify the changing landscape of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 14.2% decrease. Right now, Tesla possesses a Zacks Rank of #4 (Sell).
Valuation is also important, so investors should note that Tesla has a Forward P/E ratio of 224.87 right now. This expresses a premium compared to the average Forward P/E of 16.04 of its industry.
Meanwhile, TSLA's PEG ratio is currently 10.11. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Automotive - Domestic industry had an average PEG ratio of 0.93 as trading concluded yesterday.
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. Currently, this industry holds a Zacks Industry Rank of 82, positioning it in the top 34% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
View the Zacks #1 Rank List
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Tesla (TSLA) Declines More Than Market: Some Information for Investors
Tesla (TSLA - Free Report) closed at $378.03 in the latest trading session, marking a -1.22% move from the prior day. The stock's performance was behind the S&P 500's daily loss of 0.06%. Meanwhile, the Dow gained 0.38%, and the Nasdaq, a tech-heavy index, lost 0.44%.
The electric car maker's shares have seen an increase of 4.72% over the last month, surpassing the Auto-Tires-Trucks sector's gain of 0.28% and the S&P 500's gain of 2.36%.
Investors will be eagerly watching for the performance of Tesla in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on October 21, 2026. In that report, analysts expect Tesla to post earnings of $0.44 per share. This would mark a year-over-year decline of 12%. Our most recent consensus estimate is calling for quarterly revenue of $27.8 billion, down 1.03% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $1.7 per share and a revenue of $105.96 billion, representing changes of +2.41% and +11.74%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for Tesla. Such recent modifications usually signify the changing landscape of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 14.2% decrease. Right now, Tesla possesses a Zacks Rank of #4 (Sell).
Valuation is also important, so investors should note that Tesla has a Forward P/E ratio of 224.87 right now. This expresses a premium compared to the average Forward P/E of 16.04 of its industry.
Meanwhile, TSLA's PEG ratio is currently 10.11. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Automotive - Domestic industry had an average PEG ratio of 0.93 as trading concluded yesterday.
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. Currently, this industry holds a Zacks Industry Rank of 82, positioning it in the top 34% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.