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 -16.11% from the current stock price of 259.52.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$24.86	$217.7	$236	$315
Change	-90.42%	-16.11%	-9.06%	+21.38%

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 '24	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24
Strong Buy	3	5	5	5	6	6
Buy	6	6	6	6	6	7
Hold	17	17	17	18	18	18
Sell	4	4	4	4	4	4
Strong Sell	4	3	4	4	4	4
Total	34	35	36	37	38	39

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Alexander Potter Piper Sandler	Piper Sandler	Buy Maintains $315	Buy	Maintains	$315	+21.38%	Oct 29, 2024
Dan Levy Barclays	Barclays	Hold Maintains $220 → $235	Hold	Maintains	$220 → $235	-9.45%	Oct 29, 2024
George Gianarikas Canaccord Genuity	Canaccord Genuity	Strong Buy Maintains $278 → $298	Strong Buy	Maintains	$278 → $298	+14.83%	Oct 28, 2024
Stephen Gengaro Stifel	Stifel	Strong Buy Maintains $265 → $287	Strong Buy	Maintains	$265 → $287	+10.59%	Oct 25, 2024
Alexander Potter Piper Sandler	Piper Sandler	Buy Maintains $310 → $315	Buy	Maintains	$310 → $315	+21.38%	Oct 25, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

100.84B

from 96.77B

4.20%

from 96.77B

Revenue Next Year

116.88B

from 100.84B

15.90%

from 100.84B

EPS This Year

2.34

from 4.30

-45.49%

from 4.30

EPS Next Year

3.17

from 2.34

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	100.84B	116.88B	137.74B
Revenue Growth	14.52%	28.31%	70.67%	51.35%	18.80%	4.20%	15.90%	17.85%
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	-	-	-	-	-	110.72	81.92	64.24
No. Analysts	-	-	-	-	-	55	53	35

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
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	2024	2025	2026
High	17.2%	49.5%	49.3%
Avg	4.2%	15.9%	17.9%
Low	-8.6%	-12.9%	-15.1%

EPS Forecast

EPS	2024	2025	2026
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
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.