Tesla, Inc. (TSLA)
NASDAQ: TSLA · Real-Time Price · USD
249.85
-7.70 (-2.99%)
At close: Oct 31, 2024, 4:00 PM
250.65
+0.80 (0.32%)
After-hours: Oct 31, 2024, 6:48 PM EDT

Tesla Stock Forecast

Stock Price Forecast

The 34 analysts with 12-month price forecasts for Tesla stock have an average target of 217.7, with a low estimate of 24.86 and a high estimate of 315. The average target predicts a decrease of -12.87% from the current stock price of 249.85.

Analyst Consensus: Hold
Target Low Average Median High
Price $24.86 $217.7 $236 $315
Change -90.05% -12.87% -5.54% +26.08%

Analyst Ratings

The average analyst rating for Tesla stock from 39 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 355566
Buy 666667
Hold 171717181818
Sell 444444
Strong Sell 434444
Total 343536373839

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Piper Sandler
Piper Sandler
Buy
Maintains
$315
Buy Maintains $315 +26.08% Oct 29, 2024
Barclays
Barclays
Hold
Maintains
$220$235
Hold Maintains $220$235 -5.94% Oct 29, 2024
Canaccord Genuity
Canaccord Genuity
Strong Buy
Maintains
$278$298
Strong Buy Maintains $278$298 +19.27% Oct 28, 2024
Stifel
Stifel
Strong Buy
Maintains
$265$287
Strong Buy Maintains $265$287 +14.87% Oct 25, 2024
Piper Sandler
Piper Sandler
Buy
Maintains
$310$315
Buy Maintains $310$315 +26.08% Oct 25, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
100.84B
from 96.77B
Increased by 4.20%
Revenue Next Year
116.88B
from 100.84B
Increased by 15.90%
EPS This Year
2.34
from 4.30
Decreased by -45.49%
EPS Next Year
3.17
from 2.34
Increased by 35.15%
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
24.58B31.54B53.82B81.46B96.77B100.84B116.88B137.74B
Revenue Growth
14.52%28.31%70.67%51.35%18.80%4.20%15.90%17.85%
EPS
-0.330.211.633.624.302.343.174.04
EPS Growth
--678.13%121.61%18.74%-45.49%35.15%27.52%
Forward PE
-----106.5978.8761.85
No. Analysts -----555335
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 113.4B 150.7B 174.5B
Avg 100.8B 116.9B 137.7B
Low 88.5B 87.8B 99.3B

Revenue Growth

Revenue Growth 20242025202620272028
High
17.2%
49.5%
49.3%
Avg
4.2%
15.9%
17.9%
Low
-8.6%
-12.9%
-15.1%

EPS Forecast

EPS 20242025202620272028
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 20242025202620272028
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.