{
  "id": 16597307,
  "title": "Cantor Fitzgerald reiterates Tesla stock rating on strong cash flow",
  "url": "https://urgent.news/2026/10/26/cantor-fitzgerald-reiterates-tesla-stock-rating-on-strong-cash-flow",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-26T11:58:48.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/analyst-ratings/cantor-fitzgerald-reiterates-tesla-stock-rating-on-strong-cash-flow-93CH-4972380"
  },
  "original_language": "en",
  "account": "Cantor Fitzgerald has maintained its Overweight rating and price target of $485 on Tesla (NASDAQ:TSLA) stock following the company's third-quarter results. The firm's analysts were impressed by Tesla's strong cash flow, reporting free cash flow of approximately $1,531 million, which significantly exceeded the consensus estimate of negative $4,385 million. This improvement was primarily due to capital expenditures of around $4.7 billion, a notable decrease from the prior estimate of $8 billion. Tesla's GAAP gross margin for the quarter stood at 19.6%, surpassing the firm's estimate of 17.1%, and automotive gross margin excluding regulatory credits reached 18.1%. Despite the positive performance, investing data suggests the stock is overvalued relative to its Fair Value. For fiscal year 2026, Tesla's capital expenditure target was revised downwards to $20 billion from the previous estimate of $25 billion. The reduction in capital expenditure is driven by Full Self-Driving technology, identified as a key growth driver for the company. Additionally, Tesla reported third-quarter non-GAAP earnings per share of $0.48, surpassing StoneX's estimate of $0.44 and the consensus of $0.45. The company's revenue for the quarter was $28.0 billion, slightly above StoneX's estimate but below the consensus.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}