Tesla, Inc. (TSLA)
NASDAQ: TSLA · Real-Time Price · USD
228.13
+1.96 (0.87%)
At close: Sep 11, 2024, 4:00 PM
227.24
-0.89 (-0.39%)
After-hours: Sep 11, 2024, 7:59 PM EDT
Stock Price Forecast
The 33 analysts with 12-month price forecasts for Tesla stock have an average target of 206.94, with a low estimate of 24.86 and a high estimate of 310. The average target predicts a decrease of -9.29% from the current stock price of 228.13.
| Target | Low | Average | Median | High |
|---|---|---|---|---|
| Price | $24.86 | $206.94 | $220 | $310 |
| Change | -89.10% | -9.29% | -3.56% | +35.89% |
Analyst Ratings
The average analyst rating for Tesla stock from 38 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 5 | 5 | 5 | 6 |
| Buy | 5 | 6 | 6 | 6 | 6 | 6 |
| Hold | 17 | 17 | 17 | 17 | 18 | 18 |
| Sell | 4 | 4 | 4 | 4 | 4 | 4 |
| Strong Sell | 4 | 4 | 3 | 4 | 4 | 4 |
| Total | 33 | 34 | 35 | 36 | 37 | 38 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Deutsche Bank | Deutsche Bank | Strong Buy Initiates $295 | Strong Buy | Initiates | $295 | +29.31% | Sep 10, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Hold Reiterates $245 | Hold | Reiterates | $245 | +7.39% | Sep 9, 2024 |
| Wolfe Research | Wolfe Research | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Sep 5, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Reiterates $310 | Buy | Reiterates | $310 | +35.89% | Sep 5, 2024 |
| GLJ Research | GLJ Research | Strong Sell Reiterates $25 | Strong Sell | Reiterates | $25 | -89.10% | Sep 5, 2024 |
Financial Forecast
Revenue This Year
100.88B
from 96.77B
Increased by 4.24%
from 96.77B
Revenue Next Year
116.91B
from 100.88B
Increased by 15.90%
from 100.88B
EPS This Year
2.34
from 4.30
Decreased by -45.49%
from 4.30
EPS Next Year
3.17
from 2.34
Increased by 35.15%
from 2.34
| Fiscal Year | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 | Dec 31, 2026 | ||
| Revenue | 24.58B | 31.54B | 53.82B | 81.46B | 96.77B | 100.88B | 116.91B | 137.74B | ||
| Revenue Growth | 14.52% | 28.31% | 70.67% | 51.35% | 18.80% | 4.24% | 15.90% | 17.81% | ||
| EPS | -0.33 | 0.21 | 1.63 | 3.62 | 4.30 | 2.34 | 3.17 | 4.04 | ||
| EPS Growth | - | - | 678.13% | 121.61% | 18.74% | -45.49% | 35.15% | 27.52% | ||
| Forward PE | - | - | - | - | - | 97.32 | 72.01 | 56.47 | ||
| No. Analysts | - | - | - | - | - | 55 | 53 | 35 |
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 113.4B | 150.7B | 170.2B | ||
| Avg | 100.9B | 116.9B | 137.7B | ||
| Low | 88.5B | 87.8B | 99.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 17.2% | 49.4% | 45.5% | ||
| Avg | 4.2% | 15.9% | 17.8% | ||
| Low | -8.6% | -13.0% | -15.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.47 | 4.22 | 5.47 | ||
| Avg | 2.34 | 3.17 | 4.04 | ||
| Low | 1.57 | 1.32 | 1.62 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -19.4% | 80.1% | 72.6% | ||
| Avg | -45.5% | 35.2% | 27.5% | ||
| Low | -63.5% | -43.6% | -49.0% |
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.
