Investing.com -- Here is your Pro Recap of the biggest earnings reports you may have missed this week and how analysts responded: numbers out of Tesla, Netflix, IBM, and Goldman Sachs.

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Tesla

Tesla (NASDAQ:TSLA) late Wednesday reported earnings of $0.91 per share - surpassing the $0.79 Wall Street consensus - on better-than-expected revenue of $24.93, and margins were also less bad than feared.

Still, shares sank 9.7% in Thursday trading.

Excluding regulatory credits, gross margins - which have been closely watched following recent price cuts on Tesla's electric vehicles - fell 6.8% to 18.2% in Q2 from the prior year, better than analysts' estimates of 16.9%.

The price cuts helped the EV giant boost its installed base and rake in new customers, with vehicle deliveries surging 86% to 466,140 EVs in Q2, marking a record quarter for the company.

Wedbush called the move a "smart strategy," saying after the report that the price cuts "have been in a homerun success in China, Europe, and the US… In a nutshell, we view Tesla where Apple was in the 2008/2009 period as Cupertino was just starting to monetize its services and golden ecosystem with the Street not seeing the broader golden vision at the time."

Needham and Company reiterated its Hold rating due to valuation, adding that it leans "more bullish when thinking about TSLA's positioning vs legacy [original equipment manufacturer] peers."

Goldman Sachs said the report was "solid" but that headwinds remain, reiterating its Neutral rating on the stock. Bofa also reiterated Neutral given risks from price cuts, increasing competition, and near-term macro considerations - while also noting the positive factors of cost reduction and "its ability to remain agile."

Wells Fargo, meanwhile, said Tesla delivered "a low quality" EPS beat "driven mostly by other income."

Netflix

Netflix (NASDAQ:NFLX) dropped 8.4% on Thursday, following mixed Q2 earnings: While EPS of $3.29 came in better than the consensus of $2.84, revenue of $8.19 billion missed the consensus estimate of $8.27B.

The company added 5.9 million paid net subscribers in Q2 as it successfully rolled out paid sharing to more than 100 countries, representing over 80% of its total revenue. Buyside expectations were around 4M net subscriber additions.

Evercore ISI lifted the price target to $550 after "a mother of a quarter" and removed its Tactical Underperform rating on the stock. The firm blamed the move lower in shares on expectations correction, and not a fundamental correction, and "would encourage investors to buy NFLX shares on this (small) pullback."