Tesla (TSLA) Stock Forecast & Price Target

$421.06 -15.11 (-3.46%)

(As of 12/20/2024 05:45 PM ET)

Tesla - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold

Based on 40 Analyst Ratings

Sell
9

Hold
14

Buy
17

Based on 40 Wall Street analysts who have issued ratings for Tesla in the last 12 months, the stock has a consensus rating of "Hold." Out of the 40 analysts, 9 have given a sell rating, 14 have given a hold rating, 16 have given a buy rating, and 1 has given a strong buy rating for TSLA.

Consensus Price Target

$272.06
-35.39% Downside

According to the 40 analysts' twelve-month price targets for Tesla, the average price target is $272.06. The highest price target for TSLA is $515.00, while the lowest price target for TSLA is $24.86. The average price target represents a forecasted downside of -35.39% from the current price of $421.06.

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TSLA Analyst Ratings Over Time

Type	Current Forecast 12/22/23 to 12/21/24	1 Month Ago 11/22/23 to 11/21/24	3 Months Ago 9/23/23 to 9/22/24	1 Year Ago 12/22/22 to 12/22/23
Strong Buy	1 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	16 Buy rating(s)	14 Buy rating(s)	13 Buy rating(s)	12 Buy rating(s)
Hold	14 Hold rating(s)	16 Hold rating(s)	17 Hold rating(s)	14 Hold rating(s)
Sell	9 Sell rating(s)	9 Sell rating(s)	8 Sell rating(s)	7 Sell rating(s)
Consensus Price Target	$272.06	$230.18	$209.60	$234.24
Forecasted Upside	-35.39% Downside	-32.33% Downside	-12.02% Downside	-7.25% Downside
Consensus Rating	Hold	Hold	Hold	Hold

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TSLA Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

TSLA Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Tesla Stock vs. The Competition

Type	Tesla	Auto/Tires/Trucks Companies	S&P 500
Consensus Rating Score	2.23	2.50	2.51
Consensus Rating	Hold	Hold	Moderate Buy
Predicted Upside	-35.39% Downside	574.72% Upside	14.52% Upside
News Sentiment Rating	Positive News See Recent TSLA News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
12/18/2024	Robert W. Baird 2 of 5 stars		Boost Target	Outperform ➝ Outperform	$280.00 ➝ $480.00	+0.03%
12/17/2024	Mizuho 2 of 5 stars	V. Rakesh Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Outperform	$230.00 ➝ $515.00	+11.23%
12/11/2024	The Goldman Sachs Group 2 of 5 stars		Boost Target	Neutral ➝ Neutral	$250.00 ➝ $345.00	-13.96%
12/10/2024	Cantor Fitzgerald Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Sheppard Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$255.00 ➝ $365.00	-6.36%
12/10/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$310.00 ➝ $400.00	+2.62%
12/9/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$295.00 ➝ $370.00	-4.94%
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12/5/2024	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sell ➝ Sell	$156.00 ➝ $175.00	-51.35%
12/5/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$350.00 ➝ $400.00	+11.75%
12/2/2024	Roth Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	C. Irwin Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Strong-Buy
12/2/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$287.00 ➝ $411.00	+19.08%
12/2/2024	Roth Mkm Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy	$85.00 ➝ $380.00	+10.09%
11/25/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Spak Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Sell ➝ Sell	$197.00 ➝ $226.00	-35.39%
11/18/2024	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$400.00 ➝ $400.00	+15.85%
11/15/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$249.00 ➝ $313.00	-1.99%
11/14/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$195.00 ➝ $300.00	-9.16%
11/13/2024	Phillip Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Woo Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Moderate Sell ➝ Strong Sell
10/29/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$220.00 ➝ $235.00	-10.48%
10/25/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$310.00 ➝ $315.00	+19.79%
10/24/2024	KGI Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Liang Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Outperform	$276.00	+8.27%
10/24/2024	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$254.00 ➝ $278.00	+30.12%
10/24/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Underweight ➝ Underweight	$130.00 ➝ $135.00	-36.81%
10/24/2024	Needham & Company LLC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Hold
10/24/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Underweight ➝ Underweight	$120.00 ➝ $125.00	-41.49%
10/24/2024	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$236.00 ➝ $238.00	+11.40%
10/17/2024	Glj Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Sell ➝ Sell	$24.86 ➝ $24.86	-88.77%
10/11/2024	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Reduce ➝ Reduce	$124.00 ➝ $124.00	-43.61%
10/8/2024	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Market Perform ➝ Market Perform
10/3/2024	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Underperform ➝ Underperform	$120.00 ➝ $120.00	-51.81%
9/5/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	E. Rosner Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Peer Perform
8/29/2024	William Blair Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Dorsheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform
7/26/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating	W. Selesky Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Buy	$286.00 ➝ $286.00	+29.85%
7/24/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$274.00 ➝ $258.00	+4.72%
7/24/2024	New Street Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	P. Ferragu Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral	$225.00	-8.68%
7/5/2024	China Renaissance Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$290.00	+17.70%
7/3/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$160.00 ➝ $180.00	-26.95%
4/29/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	In-Line ➝ In-Line	$155.00 ➝ $145.00	-22.38%
2/6/2024	Daiwa Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Neutral	$245.00 ➝ $195.00	+7.70%
1/26/2024	Edward Jones Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold
1/24/2024	Redburn Atlantic Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Sell	$170.00	-18.71%
6/23/2023	DZ Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Sell	$210.00	-20.64%
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4/20/2023	Tudor, Pickering, Holt & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Hold ➝ Sell
4/20/2023	Tudor Pickering Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Hold ➝ Sell
3/8/2023	Berenberg Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$200.00 ➝ $210.00	+11.87%
1/26/2023	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Market Perform	$122.00 ➝ $140.00	-3.07%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 04:33 AM ET.

Should I Buy Tesla Stock? TSLA Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, December 15, 2024. Please send any questions or comments about these Tesla pros and cons to contact@marketbeat.com.

Tesla
Bull Case

Here are some ways that investors could benefit from investing in Tesla:

Tesla reported a strong quarterly earnings result with an earnings per share (EPS) of $0.72, surpassing the consensus estimate of $0.58. This indicates robust profitability and effective cost management, which can attract investors looking for companies with solid financial performance.
The company's stock price is currently around $418.10, reflecting a significant increase from its 12-month low of $138.80. This upward trend may suggest positive market sentiment and growth potential, making it an attractive investment opportunity.
Tesla's revenue for the latest quarter was $25.18 billion, showing a 7.8% increase compared to the same quarter last year. Consistent revenue growth can indicate a strong demand for its products, particularly in the electric vehicle market.
The firm has a market capitalization of $1.34 trillion, positioning it as a leader in the automotive and energy sectors. A high market cap often reflects investor confidence and can lead to increased stability in stock performance.
With a return on equity of 10.24% and a net margin of 13.07%, Tesla demonstrates effective use of shareholder equity and profitability, which are key indicators of a company's financial health and operational efficiency.

Tesla
Bear Case

Investors should be bearish about investing in Tesla for these reasons:

The price-to-earnings (P/E) ratio stands at 116.58, which is significantly higher than the average for the automotive industry. A high P/E ratio may indicate that the stock is overvalued, suggesting that investors could face a correction if earnings do not meet high expectations.
Insider selling has been notable, with significant shares sold by key executives, including the CFO and a director. This could signal a lack of confidence in the company's future performance or a potential overvaluation, which may concern investors.
The company has a beta of 2.36, indicating higher volatility compared to the market. This means that Tesla's stock price can fluctuate significantly, which may pose risks for investors seeking stability.
Despite beating revenue expectations, Tesla's reported revenue was below analysts' forecasts of $25.47 billion, which could raise concerns about the company's growth trajectory and market competitiveness.
The debt-to-equity ratio is low at 0.08, which generally indicates a conservative approach to financing. However, it may also suggest that Tesla is not leveraging debt to fuel growth, potentially limiting expansion opportunities compared to competitors who may be more aggressive in their financing strategies.

TSLA Forecast - Frequently Asked Questions

: According to the research reports of 40 Wall Street equities research analysts, the average twelve-month stock price forecast for Tesla is $272.06, with a high forecast of $515.00 and a low forecast of $24.86.
: 40 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Tesla in the last year. There are currently 9 sell ratings, 14 hold ratings, 16 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" TSLA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TSLA, but not buy additional shares or sell existing shares.
: According to analysts, Tesla's stock has a predicted downside of -35.39% based on their 12-month stock forecasts.
: Over the previous 90 days, Tesla's stock had 5 upgrades and 1 downgrade by analysts.
: Tesla has been rated by research analysts at Bank of America, Barclays, Canaccord Genuity Group, Canaccord Genuity Group, Cantor Fitzgerald, Deutsche Bank Aktiengesellschaft, Glj Research, Guggenheim, HSBC, Jefferies Financial Group, JPMorgan Chase & Co., KGI Securities, Mizuho, Morgan Stanley, Needham & Company LLC, Oppenheimer, Phillip Securities, Piper Sandler, Robert W. Baird, Roth Capital, Roth Mkm, Royal Bank of Canada, Sanford C. Bernstein, Stifel Nicolaus, The Goldman Sachs Group, Truist Financial, UBS Group, Wedbush, and Wells Fargo & Company in the past 90 days.
: Analysts like Tesla less than other "auto/tires/trucks" companies. The consensus rating score for Tesla is 2.23 while the average consensus rating score for "auto/tires/trucks" companies is 2.50. Learn more on how TSLA compares to other companies.

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This page (NASDAQ:TSLA) was last updated on 12/21/2024 by MarketBeat.com Staff

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Tesla (TSLA) Stock Forecast & Price Target