Tesla, Inc. (TSLA)
NASDAQ: TSLA · Real-Time Price · USD
342.03
-3.97 (-1.15%)
At close: Nov 20, 2024, 4:00 PM
337.84
-4.19 (-1.23%)
Pre-market: Nov 21, 2024, 4:27 AM EST

Tesla Stock Forecast

Stock Price Forecast

The 34 analysts with 12-month price forecasts for Tesla stock have an average target of 228.11, with a low estimate of 24.86 and a high estimate of 400. The average target predicts a decrease of -33.31% from the current stock price of 342.03.

Analyst Consensus: Hold
Target Low Average Median High
Price $24.86 $228.11 $238 $400
Change -92.73% -33.31% -30.42% +16.95%

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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 555666
Buy 666677
Hold 171718181818
Sell 444444
Strong Sell 344444
Total 353637383939

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Wedbush
Wedbush
Buy
Reiterates
$400
Buy Reiterates $400 +16.95% Nov 18, 2024
RBC Capital
RBC Capital
Buy
Maintains
$249$313
Buy Maintains $249$313 -8.49% Nov 15, 2024
Jefferies
Jefferies
Hold
Maintains
$195$300
Hold Maintains $195$300 -12.29% Nov 14, 2024
Wedbush
Wedbush
Buy
Maintains
$300$400
Buy Maintains $300$400 +16.95% Nov 11, 2024
B of A Securities
B of A Securities
Strong Buy
Maintains
$265$350
Strong Buy Maintains $265$350 +2.33% Nov 7, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
101.68B
from 96.77B
Increased by 5.07%
Revenue Next Year
117.93B
from 101.68B
Increased by 15.98%
EPS This Year
2.53
from 4.30
Decreased by -41.26%
EPS Next Year
3.30
from 2.53
Increased by 30.84%
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
24.58B31.54B53.82B81.46B96.77B101.68B117.93B138.53B
Revenue Growth
14.52%28.31%70.67%51.35%18.80%5.07%15.98%17.47%
EPS
-0.330.211.633.624.302.533.304.13
EPS Growth
--678.13%121.61%18.74%-41.26%30.84%25.07%
Forward PE
-----135.41103.4982.75
No. Analysts -----535340
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 113.4B 150.7B 169.6B
Avg 101.7B 117.9B 138.5B
Low 95.3B 93.3B 78.1B

Revenue Growth

Revenue Growth 20242025202620272028
High
17.2%
48.2%
43.8%
Avg
5.1%
16.0%
17.5%
Low
-1.5%
-8.2%
-33.8%

EPS Forecast

EPS 20242025202620272028
High 2.96 4.07 5.80
Avg 2.53 3.30 4.13
Low 2.25 2.01 2.16

EPS Growth

EPS Growth 20242025202620272028
High
-31.1%
61.3%
75.4%
Avg
-41.3%
30.8%
25.1%
Low
-47.6%
-20.5%
-34.8%
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.