Tesla (TSLA) Falls More Steeply Than Broader Market: What Investors Need to Know
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Tesla (TSLA) Falls More Steeply Than Broader Market: What Investors Need to Know Zacks Equity Research Thu, September 10, 2026 at 5:45 PM EDT 3 min read Tesla (TSLA) closed the most recent trading day at $363.56, moving -1.16% from the previous trading session. This change lagged the S&P 500's daily loss of 0.59%. Meanwhile, the Dow lost 0.6%, and the Nasdaq, a tech-heavy index, lost 0.65%. The stock of electric car maker has risen by 12.31% in the past month, leading the Auto-Tires-Trucks sector's gain of 4.88% and the S&P 500's loss of 1.37%. The investment community will be closely monitoring the performance of Tesla in its forthcoming earnings report. In that report, analysts expect Tesla to post earnings of $0.47 per share. This would mark a year-over-year decline of 6%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $27.96 billion, down 0.5% from the year-ago period. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.79 per share and revenue of $105.94 billion. These totals would mark changes of +7.83% and +11.71%, respectively, from last year. Investors might also notice recent changes to analyst estimates for Tesla. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability. Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system. 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 past month, there's been no change in the Zacks Consensus EPS estimate. Tesla is holding a Zacks Rank of #4 (Sell) right now. Looking at its valuation, Tesla is holding a Forward P/E ratio of 205.26. This valuation marks a premium compared to its industry average Forward P/E of 18. Also, we should mention that TSLA has a PEG ratio of 9.09. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. TSLA's industry had an average PEG ratio of 1.11 as of yesterday's close. The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. This industry, currently bearing a Zacks Industry Rank of 44, finds itself in the top 18% echelons of all 250+ industries. The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Tesla, Inc. (TSLA) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com).
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