Tesla share price development monthly 2023 | Statista (2024)

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What is the stock price prediction for Tesla in 2023? ›

Analysts have cut Tesla earnings per share estimates for 2025 to $3.29 vs. $5.27 at the end of last year. Analysts expected $6.95 on March 31, 2023 and $7.93 at the end of 2022.

Tesla Stock Forecast

The 32 analysts with 12-month price forecasts for Tesla stock have an average target of 198.4, with a low estimate of 24.86 and a high estimate of 310. The average target predicts a decrease of -11.77% from the current stock price of 224.87.

TSLA Stock 12 Month Forecast

Based on 30 Wall Street analysts offering 12 month price targets for Tesla in the last 3 months. The average price target is $213.92 with a high forecast of $310.00 and a low forecast of $115.00. The average price target represents a -13.17% change from the last price of $246.38.

Cathie Wood's ARK Invest predicts Tesla stock will surge 1,350% over the next five years. Elon Musk says it's an 'extremely challenging, but achievable' target. Cathie Wood, CEO of ARK Investment Management, delivers a keynote speech at the ARK Innovation Center in St. Petersburg, in February 2024.

However, the consensus is modeling an 18.8% rise in revenues next year, due in part to the lower base in 2024. Tesla's per-share earnings are also expected to fall 28% in 2024 before rebounding by 39% in 2025.

The Bottom Line on Tesla Stock

This cautious outlook is reflected in analysts' recommendations for Tesla stock. Out of 33 analysts covering TSLA, seven recommend a “strong buy,” two suggest a “moderate buy,” 16 have a “hold,” and eight have a “strong sell.” This results in a consensus rating of “hold.”

The all-time high Tesla stock closing price was 409.97 on November 04, 2021. The Tesla 52-week high stock price is 278.98, which is 20.2% above the current share price. The Tesla 52-week low stock price is 138.80, which is 40.2% below the current share price.

Does Tesla pay a dividend? Does it plan to? Tesla has never declared dividends on our common stock. We intend on retaining all future earnings to finance future growth and therefore, do not anticipate paying any cash dividends in the foreseeable future.

What is the dividend growth rate of Tesla? ›

Tesla (TSLA) 5-Year Dividend Growth Rate : 0.00% (As of Mar. 2024)

You can buy shares traded on stock exchanges individually, at the current market price, with no minimum requirement on the number of shares. With the increasing availability of fractional shares at brokerages, there is not even a minimum purchase amount you need in order to own Tesla stock.

If you invested $10,000 with founder Elon Musk 10 years ago, your stake would be worth $2.1 million now. That works out to a more than 70% average annual return. The same $10,000 put into the S&P 500 during that time grew just 274% to $37,376. That's just 14% compounded annually.

Tesla stock forecast 2024

Analysts expect lower earnings for Tesla in 2024, projecting an earnings per share of $2.55. That's down from $4.30 in 2023. Revenue is expected to rise to $98.2 billion. Tesla delivered 386,810 cars in the first quarter of 2024.

Tesla stock has retreated about 30% in 2024. However, since Tesla reported first quarter earnings and revenue on April 23, it has rallied and is finding support at its 50-day moving average, according to MarketSurge analysis.

Is Tesla stock a Buy, Sell or Hold? Tesla stock has received a consensus rating of buy. The average rating score is and is based on 50 buy ratings, 27 hold ratings, and 15 sell ratings.

Tesla annual common stock dividends paid for 2023 were $0B, a NAN% decline from 2022. Tesla annual common stock dividends paid for 2022 were $0B, a NAN% decline from 2021. Tesla annual common stock dividends paid for 2021 were $0B, a NAN% decline from 2020.