Elon Musk's Tesla Releases Wall Street Estimates Ahead of Q2 Earnings: Here's What Analysts Expect

Tesla Inc. (NASDAQ:TSLA) released its company-compiled data of sell-side analysts’ forecasts for the automaker’s second-quarter 2026 earnings estimates ahead of this week’s earnings call.

Analysts Predict $27 Billion in Revenue

On Saturday, the Elon Musk-led automaker announced earnings forecasts from analysts at JP Morgan Chase & Co. (NYSE:JPM), Goldman Sachs Group Inc. (NYSE:GS) and several others.

Analysts predicted Tesla’s revenue to be approximately $27.6 billion for the quarter, with net income reported to be around $1.27 billion.

For FY 2026, analysts have predicted Tesla to report revenue of approximately $105 billion, with a net income figure of around $4.4 billion. Analysts also estimated that the automaker would be cash flow negative at -$3.25 billion.

They also predict Tesla will deliver 1,728,925 units in 2026, with Model Y and Model 3 comprising 1.67 million units from the total. They expect Tesla to report an EPS of $0.36 per share and a non Generally Accepted Accounting Principles (GAAP) EPS of $0.55 per share.

Tesla Announces Giga Berlin Ramp, Ross Gerber Backs Bio Weapon Defense

Tesla earlier announced that it will be ramping up production capacity at the Gigafactory in Berlin following Tesla’s higher-than-anticipated delivery figures during the second quarter of 2026. The company said it will also be expanding the number of markets the Giga Berlin facility serves.

Investor Ross Gerber of investment firm Gerber Kawasaki, meanwhile, backed Tesla’s bio weapon defense system amid surging wildfires. He called it one of the EV giant’s best features.

Benzinga Edge Rankings show that Tesla scores well on the Growth metric, but offers poor Value. It also fails to provide a favorable price trend in the Short, Medium and Long term.

Price Action: Tesla shares were down 0.21% at $380.03 during the after-hours trading session on Friday.

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