Tesla (TSLA) Stock Forecast & Price Target $340.16 -1.86 (-0.54%) (As of 11/21/2024 ET) Add Compare Share Share Analyst Forecasts Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Tesla - Analysts' Recommendations and Stock Price Forecast (2024) How MarketBeat Calculates Price Target and Consensus Rating 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 HoldBased on 39 Analyst RatingsSell9Hold16Buy14 Based on 39 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 39 analysts, 9 have given a sell rating, 16 have given a hold rating, and 14 have given a buy rating for TSLA. Consensus Price Target $230.18-32.33% Downside According to the 39 analysts' twelve-month price targets for Tesla, the average price target is $230.18. The highest price target for TSLA is $400.00, while the lowest price target for TSLA is $24.86. The average price target represents a forecasted downside of -32.33% from the current price of $340.17. Get the Latest News and Ratings for TSLA and Related Stocks Enter your email address to receive the latest news and analysts' ratings for Tesla and its competitors. Enter your email to sign up for newsletter Sign Up TSLA Analyst Ratings Over TimeTypeCurrent Forecast11/23/23 to 11/22/241 Month Ago10/24/23 to 10/23/243 Months Ago8/25/23 to 8/24/241 Year Ago11/23/22 to 11/23/23Strong Buy0 Strong Buy rating(s)0 Strong Buy rating(s)0 Strong Buy rating(s)0 Strong Buy rating(s)Buy14 Buy rating(s)13 Buy rating(s)11 Buy rating(s)12 Buy rating(s)Hold16 Hold rating(s)17 Hold rating(s)17 Hold rating(s)16 Hold rating(s)Sell9 Sell rating(s)8 Sell rating(s)8 Sell rating(s)7 Sell rating(s)Consensus Price Target$230.18$211.63$204.21$233.87Forecasted Upside-32.33% Downside-0.94% Downside-7.31% Downside-0.15% DownsideConsensus RatingHoldHoldHoldHold Central Bank Abandons USD (Ad)You know what doesn't care about elections? Gold. If you want to protect your savings & retirement from our exploding national debt, VOTE FOR GOLD! Get Your FREE Gold Investor Kit NOW! TSLA Analyst Recommendations By MonthAnalyst Ratings Chart DescriptionThe 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.Skip Chart & View Analyst Rating History TSLA Price Targets by MonthAverage Share Price and Price Target by Month Chart DescriptionThe 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.Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table Tesla Stock vs. The CompetitionTypeTeslaAuto/Tires/Trucks CompaniesS&P 500Consensus Rating Score 2.13 2.49 2.50Consensus RatingHoldHoldModerate BuyPredicted Upside-32.33% Downside263.38% Upside8.51% UpsideNews Sentiment RatingPositive NewsSee Recent TSLA NewsPositive NewsPositive News Recent Analyst Forecasts and Stock Ratings All Ratings Strong Buy Buy Hold Sell Rating Show All Upside > 100% Upside 50% - 100% Upside 20% - 50% Upside 10% - 20% Upside 0% - 10% Downside 0% - 10% Downside 10% - 20% Downside 20% - 50% Downside 50% - 100% Downside > 100% Upside/Downside All Actions Upgrades Downgrades Initiates Coverage Raises Target Lowers Target Reiterates Rating Action Custom Range 1 Month 3 Months 6 Months Year-to-Date 1 Year 3 Years 5 Years Time Frame Start Date End Date Most Recent from Each Brokerage All Show Export to Excel DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails11/18/2024Wedbush4 of 5 stars Reiterated RatingOutperform ➝ Outperform$400.00 ➝ $400.00+15.85%11/15/2024Royal Bank of Canada4 of 5 stars Boost TargetOutperform ➝ Outperform$249.00 ➝ $313.00-1.99%11/14/2024Jefferies Financial Group2 of 5 stars Boost TargetHold ➝ Hold$195.00 ➝ $300.00-9.16%11/13/2024Phillip SecuritiesSubscribe to MarketBeat All Access for the recommendation accuracy ratingJ. WooSubscribe to MarketBeat All Access for the recommendation accuracy ratingDowngradeModerate Sell ➝ Strong Sell11/7/2024Bank of AmericaSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetBuy ➝ Buy$265.00 ➝ $350.00+17.46%10/29/2024BarclaysSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetEqual Weight ➝ Equal Weight$220.00 ➝ $235.00-10.48% Get the Latest News and Ratings for TSLA and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Tesla and its competitors with MarketBeat's FREE daily newsletter. 10/25/2024Stifel NicolausSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetBuy ➝ Buy$265.00 ➝ $287.00+7.98%10/25/2024Piper SandlerSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetOverweight ➝ Overweight$310.00 ➝ $315.00+19.79%10/24/2024GuggenheimSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetSell ➝ Sell$153.00 ➝ $156.00-39.81%10/24/2024KGI SecuritiesSubscribe to MarketBeat All Access for the recommendation accuracy ratingJ. LiangSubscribe to MarketBeat All Access for the recommendation accuracy ratingUpgradeNeutral ➝ Outperform$276.00+8.27%10/24/2024Canaccord Genuity GroupSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetBuy ➝ Buy$254.00 ➝ $278.00+30.12%10/24/2024JPMorgan Chase & Co.Subscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetUnderweight ➝ Underweight$130.00 ➝ $135.00-36.81%10/24/2024Needham & Company LLCSubscribe to MarketBeat All Access for the recommendation accuracy rating Reiterated RatingHold10/24/2024Wells Fargo & CompanySubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetUnderweight ➝ Underweight$120.00 ➝ $125.00-41.49%10/24/2024Truist FinancialSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetHold ➝ Hold$236.00 ➝ $238.00+11.40%10/24/2024The Goldman Sachs GroupSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetNeutral ➝ Neutral$230.00 ➝ $250.00+17.01%10/23/2024Cantor FitzgeraldSubscribe to MarketBeat All Access for the recommendation accuracy ratingA. SheppardSubscribe to MarketBeat All Access for the recommendation accuracy ratingReiterated RatingNeutral ➝ Neutral$245.00 ➝ $245.00+13.72%10/17/2024Glj ResearchSubscribe to MarketBeat All Access for the recommendation accuracy rating Reiterated RatingSell ➝ Sell$24.86 ➝ $24.86-88.77%10/11/2024Roth MkmSubscribe to MarketBeat All Access for the recommendation accuracy rating Reiterated RatingNeutral ➝ Neutral$85.00 ➝ $85.00-61.34%10/11/2024HSBCSubscribe to MarketBeat All Access for the recommendation accuracy rating Reiterated RatingReduce ➝ Reduce$124.00 ➝ $124.00-43.61%10/8/2024OppenheimerSubscribe to MarketBeat All Access for the recommendation accuracy rating Reiterated RatingMarket Perform ➝ Market Perform10/3/2024Morgan StanleySubscribe to MarketBeat All Access for the recommendation accuracy rating Reiterated RatingOverweight ➝ Overweight$310.00 ➝ $310.00+29.51%10/3/2024Sanford C. BernsteinSubscribe to MarketBeat All Access for the recommendation accuracy rating Reiterated RatingUnderperform ➝ Underperform$120.00 ➝ $120.00-51.81%9/10/2024Deutsche Bank AktiengesellschaftSubscribe to MarketBeat All Access for the recommendation accuracy rating Reiterated RatingBuy$295.00+36.40%9/5/2024Wolfe ResearchSubscribe to MarketBeat All Access for the recommendation accuracy ratingE. RosnerSubscribe to MarketBeat All Access for the recommendation accuracy ratingInitiated CoveragePeer Perform8/29/2024William BlairSubscribe to MarketBeat All Access for the recommendation accuracy ratingJ. DorsheimerSubscribe to MarketBeat All Access for the recommendation accuracy ratingInitiated CoverageOutperform8/20/2024Robert W. BairdSubscribe to MarketBeat All Access for the recommendation accuracy rating Reiterated RatingOutperform ➝ Outperform$280.00 ➝ $280.00+24.44%7/26/2024ArgusSubscribe to MarketBeat All Access for the recommendation accuracy ratingW. SeleskySubscribe to MarketBeat All Access for the recommendation accuracy ratingReiterated RatingBuy ➝ Buy$286.00 ➝ $286.00+29.85%7/24/2024CitigroupSubscribe to MarketBeat All Access for the recommendation accuracy rating Lower TargetNeutral ➝ Neutral$274.00 ➝ $258.00+4.72%7/24/2024New Street ResearchSubscribe to MarketBeat All Access for the recommendation accuracy ratingP. FerraguSubscribe to MarketBeat All Access for the recommendation accuracy ratingDowngradeBuy ➝ Neutral$225.00-8.68%7/12/2024MizuhoSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetNeutral ➝ Neutral$180.00 ➝ $230.00-4.58%7/12/2024UBS GroupSubscribe to MarketBeat All Access for the recommendation accuracy ratingJ. SpakSubscribe to MarketBeat All Access for the recommendation accuracy ratingDowngradeNeutral ➝ Sell$147.00 ➝ $197.00-18.27%7/5/2024China RenaissanceSubscribe to MarketBeat All Access for the recommendation accuracy rating UpgradeHold ➝ Buy$290.00+17.70%7/3/2024TD CowenSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetHold ➝ Hold$160.00 ➝ $180.00-26.95%4/29/2024Evercore ISISubscribe to MarketBeat All Access for the recommendation accuracy rating Lower TargetIn-Line ➝ In-Line$155.00 ➝ $145.00-22.38%2/6/2024Daiwa Capital MarketsSubscribe to MarketBeat All Access for the recommendation accuracy rating DowngradeOutperform ➝ Neutral$245.00 ➝ $195.00+7.70%1/26/2024Edward JonesSubscribe to MarketBeat All Access for the recommendation accuracy rating DowngradeBuy ➝ Hold1/24/2024Redburn AtlanticSubscribe to MarketBeat All Access for the recommendation accuracy rating Initiated CoverageSell$170.00-18.71%6/23/2023DZ BankSubscribe to MarketBeat All Access for the recommendation accuracy rating DowngradeBuy ➝ Sell$210.00-20.64%4/20/2023Tudor, Pickering, Holt & Co.Subscribe to MarketBeat All Access for the recommendation accuracy rating DowngradeHold ➝ SellCentral Bank Abandons USD (Ad)You know what doesn't care about elections? Gold. If you want to protect your savings & retirement from our exploding national debt, VOTE FOR GOLD! Get Your FREE Gold Investor Kit NOW!4/20/2023Tudor PickeringSubscribe to MarketBeat All Access for the recommendation accuracy rating DowngradeHold ➝ Sell3/8/2023Berenberg BankSubscribe to MarketBeat All Access for the recommendation accuracy rating DowngradeBuy ➝ Hold$200.00 ➝ $210.00+11.87%1/26/2023CowenSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetMarket 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 Friday at 07:52 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 Wednesday, November 6, 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's innovative approach to electric vehicles and energy generation systems has positioned the company as a leader in sustainable technology, appealing to environmentally conscious consumers and investors. Recent financial reports indicate that Tesla has shown resilience and growth potential, with a positive return on equity and a consistent increase in revenue. Insider selling activity, while notable, can sometimes be a regular part of executives' financial planning and may not always indicate negative sentiment towards the company's future performance. Tesla's stock price has shown stability and potential for growth, with analysts providing a mix of ratings that suggest varying perspectives on the company's future prospects. The company's global presence and expansion into new markets like China demonstrate opportunities for continued growth and market penetration. Tesla Bear Case Investors should be bearish about investing in Tesla for these reasons: Tesla's stock price can be volatile, influenced by factors such as market sentiment, regulatory changes, and competition within the electric vehicle industry, which may lead to unpredictable fluctuations. Concerns about corporate governance and executive selling activities could raise questions about the company's internal management practices and long-term strategic decisions. Analysts' mixed ratings on Tesla's stock reflect uncertainties and differing opinions on the company's future performance, which may create confusion for investors seeking clear guidance. Increased competition in the electric vehicle market from traditional automakers and new entrants could impact Tesla's market share and challenge its dominance in the industry. External factors such as global economic conditions, trade policies, and geopolitical events may introduce risks that could affect Tesla's operations and financial performance. TSLA Forecast - Frequently Asked Questions What is Tesla's forecast for 2025? According to the research reports of 39 Wall Street equities research analysts, the average twelve-month stock price forecast for Tesla is $230.18, with a high forecast of $400.00 and a low forecast of $24.86. Should I buy or sell Tesla stock right now? 39 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Tesla in the last year. There are currently 9 sell ratings, 16 hold ratings and 14 buy ratings 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. Does Tesla's stock price have much downside? According to analysts, Tesla's stock has a predicted downside of -32.33% based on their 12-month stock forecasts. Has Tesla been upgraded or downgraded by Wall Street analysts recently? Over the previous 90 days, Tesla's stock had 2 upgrades and 1 downgrade by analysts. What analysts cover Tesla? 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, Morgan Stanley, Needham & Company LLC, Oppenheimer, Phillip Securities, Piper Sandler, Roth Mkm, Royal Bank of Canada, Sanford C. Bernstein, Stifel Nicolaus, The Goldman Sachs Group, Truist Financial, Wedbush, Wells Fargo & Company, William Blair, and Wolfe Research in the past 90 days. Do Wall Street analysts like Tesla more than its competitors? Analysts like Tesla less than other "auto/tires/trucks" companies. The consensus rating score for Tesla is 2.13 while the average consensus rating score for "auto/tires/trucks" companies is 2.49. Learn more on how TSLA compares to other companies. Stock Forecasts and Research Tools Related Companies GM Stock Forecast F Stock Forecast THO Stock Forecast RUN Stock Forecast WGO Stock Forecast NKLA Stock Forecast TM Stock Forecast RACE Stock Forecast PCAR Stock Forecast STLA Stock Forecast Today's Ratings U.S. Ratings U.K. Ratings Canadian Ratings All Upgrades All Downgrades All Initiations All Price Target Changes Top Rated Stocks Top Rated Stocks Top Rated Dividend Stocks Top Rated Small-Cap Stocks Top Rated Tech Stocks Most Upgraded Stocks Most Downgraded Stocks Lowest Rated Stocks More Ratings Tools Stock Ratings by Issuer Top-Rated Analysts Top-Rated Brokerages Stock Ratings Screener Free Ratings Newsletter Central Bank Abandons USD (Ad)You know what doesn't care about elections? 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