Tesla, Inc. (TSLA)
NASDAQ: TSLA · IEX Real-Time Price · USD
179.24
+5.50 (3.17%)
At close: May 24, 2024, 4:00 PM
178.85
-0.39 (-0.22%)
After-hours: May 24, 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 2.03% from the current stock price of 179.24.
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 | +28.32% | May 2, 2024 |
Evercore ISI Group | Evercore ISI Group | Hold Maintains $155 → $145 | Hold | Maintains | $155 → $145 | -19.10% | Apr 29, 2024 |
Wedbush | Wedbush | Buy Reiterates $275 | Buy | Reiterates | $275 | +53.43% | Apr 29, 2024 |
Deutsche Bank | Deutsche Bank | Hold Maintains $123 → $136 | Hold | Maintains | $123 → $136 | -24.12% | Apr 25, 2024 |
HSBC | HSBC | Sell Maintains $138 → $120 | Sell | Maintains | $138 → $120 | -33.05% | Apr 24, 2024 |
Financial Forecast
Revenue This Year
100.73B
from 96.77B
Increased by 4.09%
Revenue Next Year
118.32B
from 100.73B
Increased by 17.45%
EPS This Year
2.58
from 4.30
Decreased by -39.97%
EPS Next Year
3.37
from 2.58
Increased by 30.65%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 112.8B | 144.7B | 179.3B | 190.4B | 307.8B |
Avg | 100.7B | 118.3B | 139.1B | 163.1B | 207.9B |
Low | 83.4B | 85.3B | 97.9B | 111.0B | 120.8B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 16.6% | 43.6% | 51.6% | 36.9% | 88.7% |
Avg | 4.1% | 17.5% | 17.5% | 17.2% | 27.5% |
Low | -13.8% | -15.3% | -17.3% | -20.2% | -25.9% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 3.58 | 6.13 | 8.98 | 10.58 | 12.74 |
Avg | 2.58 | 3.37 | 4.25 | 6.07 | 7.43 |
Low | 1.70 | 1.62 | 1.91 | 4.24 | 4.66 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | -16.7% | 137.6% | 166.2% | 148.8% | 109.9% |
Avg | -40.0% | 30.6% | 26.1% | 42.7% | 22.4% |
Low | -60.6% | -37.4% | -43.3% | -0.3% | -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.