Tesla, Inc. (TSLA)
NASDAQ: TSLA · IEX Real-Time Price · USD
248.48
-4.70 (-1.86%)
Dec 29, 2023, 4:00 PM EST - Market closed
Tesla Stock Forecast
Stock Price Forecast
According to 30 stock analysts, the average 12-month stock price forecast for Tesla stock is $243.03, which predicts a decrease of -2.19%. The lowest target is $85 and the highest is $380. On average, analysts rate Tesla stock as a hold.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Tesla stock from 33 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jul '23 | Aug '23 | Sep '23 | Oct '23 | Nov '23 | Dec '23 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 4 | 4 | 4 |
| Buy | 8 | 8 | 9 | 8 | 8 | 8 |
| Hold | 18 | 18 | 16 | 17 | 17 | 15 |
| Sell | 2 | 2 | 2 | 2 | 3 | 3 |
| Strong Sell | 3 | 3 | 3 | 3 | 3 | 3 |
| Total | 36 | 36 | 35 | 34 | 35 | 33 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy Reiterates $380 | Buy | Reiterates | $380 | +52.93% | Dec 27, 2023 |
| RBC Capital | RBC Capital | Buy Reiterates $300 | Buy | Reiterates | $300 | +20.73% | Dec 22, 2023 |
| Wedbush | Wedbush | Buy Maintains $310 → $350 | Buy | Maintains | $310 → $350 | +40.86% | Dec 22, 2023 |
| RBC Capital | RBC Capital | Buy Maintains $301 → $300 | Buy | Maintains | $301 → $300 | +20.73% | Dec 18, 2023 |
| Guggenheim | Guggenheim | Strong Sell Maintains $125 → $132 | Strong Sell | Maintains | $125 → $132 | -46.88% | Dec 15, 2023 |
Financial Forecast
Revenue This Year
98.98B
from 81.46B
Increased by 21.50%
Revenue Next Year
119.57B
from 98.98B
Increased by 20.81%
EPS This Year
3.21
from 3.62
Decreased by -11.24%
EPS Next Year
3.92
from 3.21
Increased by 21.92%
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | 104.1B | 151.4B | 180.0B | 231.5B | 316.9B | 454.1B |
| Avg | 99.0B | 119.6B | 146.0B | 175.8B | 212.3B | 260.1B |
| Low | 92.7B | 94.3B | 102.1B | 143.6B | 154.0B | 163.7B |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | 27.8% | 52.9% | 50.6% | 58.6% | 80.3% | 113.9% |
| Avg | 21.5% | 20.8% | 22.1% | 20.4% | 20.8% | 22.5% |
| Low | 13.7% | -4.7% | -14.6% | -1.6% | -12.4% | -22.9% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | 3.78 | 6.48 | 7.10 | 9.12 | 8.18 | 9.86 |
| Avg | 3.21 | 3.92 | 5.10 | 6.56 | 7.18 | 8.09 |
| Low | 2.51 | 2.36 | 2.55 | 3.92 | 5.93 | 6.81 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | 4.4% | 101.6% | 81.2% | 79.0% | 24.6% | 37.4% |
| Avg | -11.2% | 21.9% | 30.1% | 28.8% | 9.4% | 12.6% |
| Low | -30.7% | -26.5% | -35.0% | -23.1% | -9.7% | -5.1% |
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.