Tesla, Inc. (TSLA)
NASDAQ: TSLA · IEX Real-Time Price · USD
174.84
+0.85 (0.49%)
At close: May 16, 2024, 4:00 PM
174.45
-0.39 (-0.22%)
After-hours: May 16, 2024, 7:59 PM EDT
Tesla Stock Forecast
Stock Price Forecast
The 31 analysts with 12-month price forecasts for Tesla stock have an average target of 182.87, with a low estimate of 22.86 and a high estimate of 310. The average target predicts an increase of 4.59% from the current stock price of 174.84.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Tesla stock from 34 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 3 | 3 | 3 |
| Buy | 8 | 7 | 6 | 6 | 5 | 6 |
| Hold | 16 | 18 | 19 | 19 | 17 | 17 |
| Sell | 3 | 3 | 3 | 4 | 4 | 4 |
| Strong Sell | 3 | 4 | 4 | 4 | 4 | 4 |
| Total | 34 | 36 | 36 | 36 | 33 | 34 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Initiates $230 | Buy | Initiates | $230 | +31.55% | May 2, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $155 → $145 | Hold | Maintains | $155 → $145 | -17.07% | Apr 29, 2024 |
| Wedbush | Wedbush | Buy Reiterates $275 | Buy | Reiterates | $275 | +57.29% | Apr 29, 2024 |
| Deutsche Bank | Deutsche Bank | Hold Maintains $123 → $136 | Hold | Maintains | $123 → $136 | -22.21% | Apr 25, 2024 |
| HSBC | HSBC | Sell Maintains $138 → $120 | Sell | Maintains | $138 → $120 | -31.37% | Apr 24, 2024 |
Financial Forecast
Revenue This Year
107.12B
from 96.77B
Increased by 10.69%
Revenue Next Year
127.61B
from 107.12B
Increased by 19.14%
EPS This Year
2.83
from 4.30
Decreased by -34.29%
EPS Next Year
3.87
from 2.83
Increased by 37.08%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 127.9B | 175.1B | 202.6B | 190.4B | 307.8B |
| Avg | 107.1B | 127.6B | 149.6B | 163.1B | 207.9B |
| Low | 89.1B | 94.2B | 108.7B | 111.0B | 120.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 32.2% | 63.5% | 58.8% | 27.3% | 88.7% |
| Avg | 10.7% | 19.1% | 17.2% | 9.0% | 27.5% |
| Low | -7.9% | -12.1% | -14.8% | -25.8% | -25.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.81 | 7.18 | 9.44 | 10.58 | 12.74 |
| Avg | 2.83 | 3.87 | 4.87 | 6.07 | 7.43 |
| Low | 1.10 | 1.86 | 2.30 | 4.24 | 4.66 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -11.4% | 154.2% | 143.7% | 117.4% | 109.9% |
| Avg | -34.3% | 37.1% | 25.7% | 24.7% | 22.4% |
| Low | -74.5% | -34.1% | -40.5% | -12.8% | -23.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.