Tesla Gears Up For Q4 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Tesla, Inc. TSLA is expected to release earnings results for its fourth quarter, after the closing bell on Jan. 24, 2024.

Analysts expect the company to report quarterly earnings at 74 cents per share, down from year-ago earnings of $1.19 per share. The company is projected to post revenue of $25.59 billion for the latest quarter, compared to $24.32 billion in the year-earlier period, according to Benzinga Pro.

Tesla is reportedly sending version 12 of its full self-driving (FSD) software to non-employee drivers, nearly two months after first rolling it out to employees.

Tesla shares gained 0.2% to close at $209.14 on Tuesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• Wedbush analyst Daniel Ives reiterated an Outperform rating with a price target of $350 on Jan. 23, 2024. This analyst has an accuracy rate of 77%.
• Deutsche Bank analyst Emmanuel Rosner maintained a Buy rating and cut the price target from $275 to $260 on Dec. 14, 2023. This analyst has an accuracy rate of 74%.
• Goldman Sachs analyst Mark Delaney maintained a Neutral rating with a price target of $235 on Dec. 1, 2023. This analyst has an accuracy rate of 74%.
• Truist Securities analyst William Stein maintained a Hold rating with a price target of $226 on Nov. 30, 2023. This analyst has an accuracy rate of 84%.
• Jefferies analyst Philippe Houchois maintained a Hold rating and cut the price target from $250 to $210 on Nov. 20, 2023. This analyst has an accuracy rate of 77%.

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