Tesla (TSLA) Stock Forecast, Price Target & Predictions

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TSLA Stock Forecast

Tesla stock forecast is as follows: an average price target of $253.90 (represents a -26.62% downside from TSLA’s last price of $346.00) and a rating consensus of 'Buy', based on 40 wall street analysts offering a 1-year stock forecast.

TSLA Price Target

The average price target for Tesla (TSLA) is $253.90 based on 1-year price targets from 40 Wall Street analysts in the past 3 months, with a price target range of $600.00 to $85.00. This represents a potential -26.62% downside from TSLA's last price of $346.00.

TSLA Analyst Ratings

Buy

According to 40 Wall Street analysts, Tesla's rating consensus is 'Buy'. The analyst rating breakdown for TSLA stock is 0 'Strong Buy' (0.00%), 24 'Buy' (60.00%), 10 'Hold' (25.00%), 6 'Sell' (15.00%), and 0 'Strong Sell' (0.00%).

Tesla Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Nov 18, 2024	Dan Levy	Barclays	$270.00	$200.00	35.00%	-21.97%
Nov 15, 2024	Tom Narayan	RBC Capital	$313.00	$311.18	0.58%	-9.54%
Oct 29, 2024	Alexander Potter	Piper Sandler	$315.00	$259.86	21.22%	-8.96%
Oct 28, 2024	George Gianarikas	Canaccord Genuity	$298.00	$269.13	10.73%	-13.87%
Oct 24, 2024	William Stein	Truist Financial	$238.00	$213.65	11.40%	-31.21%
Oct 24, 2024	Andres Sheppard	Cantor Fitzgerald	$255.00	$213.65	19.35%	-26.30%
Oct 24, 2024	Terry Lee	KGI Securities	$276.00	$249.40	10.67%	-20.23%
Oct 24, 2024	Mark Delaney	Goldman Sachs	$250.00	$213.65	17.01%	-27.75%
Oct 24, 2024	Tom Narayan	RBC Capital	$249.00	$213.65	16.55%	-28.03%
Oct 24, 2024	George Gianarikas	Canaccord Genuity	$278.00	$213.65	30.12%	-19.65%

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The latest Tesla stock forecast, released on Nov 18, 2024 by Dan Levy from Barclays, set a price target of $270.00, which represents a 35.00% increase from the stock price at the time of the forecast ($200.00), and a -21.97% decrease from TSLA last price ($346.00).

Tesla Price Target by Period

	1M	3M	12M
# Anlaysts	12	23	80
Avg Price Target	$264.42	$244.57	$227.48
Last Closing Price	$346.00	$346.00	$346.00
Upside/Downside	-23.58%	-29.32%	-34.25%

In the current month, the average price target of Tesla stock is $264.42, according to 12 Wall Street analysts offering twelve months forecast. The average price target represents a -23.58% decrease as opposed to Tesla's last price of $346.00. This month's average price target is up 8.12% compared to last quarter, and up 16.24% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Oct 29, 2024	Barclays	Equal-Weight	Equal-Weight	Hold
Oct 28, 2024	Wolfe Research	Cautious	Cautious	Hold
Oct 24, 2024	Morgan Stanley	Overweight	Overweight	Hold
Oct 24, 2024	Oppenheimer	Perform	Perform	Hold
Oct 24, 2024	Deutsche Bank	Buy	Buy	Hold
Oct 24, 2024	Cowen & Co.	Hold	Hold	Hold
Oct 24, 2024	Guggenheim	Sell	Sell	Hold
Oct 24, 2024	Wells Fargo	Underweight	Underweight	Hold
Oct 24, 2024	KGI Securities	Neutral	Outperform	Upgrade
Oct 24, 2024	RBC Capital	Outperform	Outperform	Hold

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Tesla's last stock rating was published by Barclays on Oct 29, 2024. The company gave TSLA a "Equal-Weight" rating, the same as its previous rate.

Tesla Financial Forecast

Tesla Revenue Forecast

	Dec 28	Sep 28	Jun 28	Mar 28	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$25.18B	$25.50B	$21.30B	$25.17B	$23.35B	-	$23.33B	$24.32B	$21.45B	$16.93B	$18.76B	$17.72B	$13.76B
Avg Forecast	$36.01B	$36.04B	$35.69B	$35.13B	$32.98B	$33.08B	$32.78B	$30.88B	$41.39B	$38.08B	$37.67B	$34.10B	$32.00B	$29.79B	$28.85B	$26.32B	$27.38B	$25.47B	$24.54B	$22.22B	$25.57B	$24.19B	$24.22B	$23.60B	$24.67B	$21.98B	$16.54B	$17.87B	$17.13B	$14.00B
High Forecast	$38.29B	$38.31B	$37.95B	$37.35B	$35.06B	$35.18B	$34.85B	$32.83B	$44.00B	$40.49B	$40.05B	$36.26B	$34.03B	$31.67B	$30.67B	$28.12B	$28.47B	$25.58B	$24.54B	$22.22B	$27.04B	$25.72B	$25.75B	$25.09B	$26.23B	$21.98B	$16.54B	$17.87B	$17.13B	$14.00B
Low Forecast	$33.25B	$33.28B	$32.96B	$32.44B	$30.45B	$30.55B	$30.27B	$28.51B	$38.22B	$35.16B	$34.79B	$31.49B	$29.55B	$27.51B	$26.64B	$24.37B	$24.99B	$25.35B	$24.54B	$22.22B	$24.40B	$22.34B	$22.36B	$21.79B	$22.78B	$21.98B	$16.54B	$17.87B	$17.13B	$14.00B
# Analysts	4	8	5	4	5	8	5	5	10	7	5	5	8	5	4	11	20	10	8	9	16	8	8	9	12	7	7	8	13	8
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.99%	1.04%	0.96%	0.98%	0.97%	-	0.99%	0.99%	0.98%	1.02%	1.05%	1.03%	0.98%

Tesla's average Quarter revenue forecast for Dec 24 based on 20 analysts is $27.38B, with a low forecast of $24.99B, and a high forecast of $28.47B. TSLA's average Quarter revenue forecast represents a 8.71% increase compared to the company's last Quarter revenue of $25.18B (Sep 24).

Tesla EBITDA Forecast

	Dec 28	Sep 28	Jun 28	Mar 28	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21
# Analysts	4	8	5	4	5	8	5	5	10	7	5	5	8	5	4	11	20	10	8	9	16	8	8	9	12	7	7	8	13	8
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$2.72B	$1.60B	$2.42B	$3.48B	$3.32B	-	$3.88B	$5.04B	$4.64B	$3.58B	$4.57B	$3.55B	$2.82B
Avg Forecast	$5.53B	$5.53B	$5.48B	$5.39B	$5.06B	$5.08B	$5.03B	$4.74B	$6.35B	$5.85B	$5.78B	$5.24B	$4.91B	$4.57B	$4.43B	$4.04B	$4.20B	$3.91B	$3.77B	$3.53B	$3.93B	$3.71B	$3.72B	$3.21B	$3.59B	$3.42B	$2.58B	$2.91B	$2.67B	$2.18B
High Forecast	$5.88B	$5.88B	$5.83B	$5.73B	$5.38B	$5.40B	$5.35B	$5.04B	$6.76B	$6.22B	$6.15B	$5.57B	$5.22B	$4.86B	$4.71B	$4.32B	$4.37B	$3.93B	$3.77B	$4.23B	$4.15B	$3.95B	$3.95B	$3.85B	$4.31B	$3.42B	$2.58B	$3.50B	$2.67B	$2.18B
Low Forecast	$5.11B	$5.11B	$5.06B	$4.98B	$4.68B	$4.69B	$4.65B	$4.38B	$5.87B	$5.40B	$5.34B	$4.84B	$4.54B	$4.22B	$4.09B	$3.74B	$3.84B	$3.89B	$3.77B	$2.82B	$3.75B	$3.43B	$3.43B	$2.56B	$2.87B	$3.42B	$2.58B	$2.33B	$2.67B	$2.18B
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.69%	0.43%	0.69%	0.89%	0.89%	-	1.21%	1.40%	1.36%	1.39%	1.57%	1.33%	1.29%

20 analysts predict TSLA's average Quarter EBITDA for Dec 24 to be $4.20B, with a high of $4.37B and a low of $3.84B. This is 54.71% upper than Tesla's previous annual EBITDA (Sep 24) of $2.72B.

Tesla Net Income Forecast

	Dec 28	Sep 28	Jun 28	Mar 28	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21
# Analysts	4	8	5	4	5	8	5	5	10	7	5	5	8	5	4	11	20	10	8	9	16	8	8	9	12	7	7	8	13	8
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$2.17B	$1.48B	$1.13B	$7.93B	$1.85B	-	$2.51B	$3.69B	$3.29B	$2.26B	$3.32B	$2.34B	$1.62B
Avg Forecast	$5.13B	$5.20B	$5.19B	$5.15B	$5.34B	$5.41B	$5.40B	$5.13B	$5.34B	$4.86B	$5.00B	$4.39B	$3.45B	$3.09B	$2.97B	$2.55B	$2.63B	$2.08B	$2.15B	$2.54B	$2.55B	$2.55B	$2.77B	$2.31B	$2.36B	$3.48B	$2.10B	$2.10B	$2.74B	$1.88B
High Forecast	$5.55B	$5.63B	$5.62B	$5.57B	$5.78B	$5.86B	$5.84B	$5.55B	$5.78B	$5.26B	$5.42B	$4.75B	$3.73B	$3.34B	$3.22B	$2.87B	$3.07B	$2.11B	$2.15B	$3.05B	$2.93B	$2.76B	$3.00B	$2.77B	$2.83B	$3.48B	$2.10B	$2.52B	$2.74B	$1.88B
Low Forecast	$4.62B	$4.68B	$4.68B	$4.63B	$4.81B	$4.88B	$4.86B	$4.62B	$4.81B	$4.38B	$4.51B	$3.96B	$3.10B	$2.78B	$2.68B	$1.90B	$2.08B	$2.04B	$2.15B	$2.03B	$2.08B	$2.30B	$2.50B	$1.85B	$1.89B	$3.48B	$2.10B	$1.68B	$2.74B	$1.88B
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.04%	0.69%	0.44%	3.10%	0.73%	-	1.09%	1.56%	0.94%	1.08%	1.58%	0.85%	0.86%

Tesla's average Quarter net income forecast for Dec 24 is $2.63B, with a range of $2.08B to $3.07B. TSLA's average Quarter net income forecast represents a 21.30% increase compared to the company's last Quarter net income of $2.17B (Sep 24).

Tesla SG&A Forecast

	Dec 28	Sep 28	Jun 28	Mar 28	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21
# Analysts	4	8	5	4	5	8	5	5	10	7	5	5	8	5	4	11	20	10	8	9	16	8	8	9	12	7	7	8	13	8
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.19B	$1.28B	$1.37B	$1.28B	$1.25B	-	$1.08B	$1.03B	$961.00M	$961.00M	$992.00M	$1.49B	$994.00M
Avg Forecast	$2.80B	$2.81B	$2.78B	$2.74B	$2.57B	$2.58B	$2.55B	$2.40B	$3.22B	$2.97B	$2.93B	$2.66B	$2.49B	$2.32B	$2.25B	$2.05B	$2.13B	$1.98B	$1.91B	$759.49M	$1.99B	$1.88B	$1.89B	$690.45M	$1.52B	$1.71B	$1.29B	$627.68M	$1.33B	$1.09B
High Forecast	$2.98B	$2.98B	$2.96B	$2.91B	$2.73B	$2.74B	$2.71B	$2.56B	$3.43B	$3.15B	$3.12B	$2.82B	$2.65B	$2.47B	$2.39B	$2.19B	$2.22B	$1.99B	$1.91B	$911.39M	$2.11B	$2.00B	$2.01B	$828.54M	$1.82B	$1.71B	$1.29B	$753.22M	$1.33B	$1.09B
Low Forecast	$2.59B	$2.59B	$2.57B	$2.53B	$2.37B	$2.38B	$2.36B	$2.22B	$2.98B	$2.74B	$2.71B	$2.45B	$2.30B	$2.14B	$2.07B	$1.90B	$1.95B	$1.97B	$1.91B	$607.60M	$1.90B	$1.74B	$1.74B	$552.36M	$1.21B	$1.71B	$1.29B	$502.15M	$1.33B	$1.09B
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.60%	0.67%	1.81%	0.64%	0.67%	-	1.56%	0.68%	0.56%	0.75%	1.58%	1.12%	0.91%

Tesla's average Quarter SG&A projection for Dec 24 is $2.13B, based on 20 Wall Street analysts, with a range of $1.95B to $2.22B. The forecast indicates a 79.74% rise compared to TSLA last annual SG&A of $1.19B (Sep 24).

Tesla EPS Forecast

	Dec 28	Sep 28	Jun 28	Mar 28	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21
# Analysts	4	8	5	4	5	8	5	5	10	7	5	5	8	5	4	11	20	10	8	9	16	8	8	9	12	7	7	8	13	8
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.00	$0.46	$0.34	$2.49	$0.58	-	$0.80	$1.18	$1.05	$0.73	$1.07	$0.77	$0.54
Avg Forecast	$1.47	$1.49	$1.48	$1.47	$1.53	$1.55	$1.54	$1.47	$1.53	$1.39	$1.43	$1.26	$0.99	$0.88	$0.85	$0.73	$0.75	$0.59	$0.61	$0.49	$0.73	$0.73	$0.79	$0.85	$1.13	$1.00	$0.60	$0.71	$0.79	$0.54
High Forecast	$1.59	$1.61	$1.61	$1.59	$1.65	$1.68	$1.67	$1.59	$1.65	$1.51	$1.55	$1.36	$1.07	$0.95	$0.92	$0.82	$0.88	$0.60	$0.61	$0.49	$0.84	$0.79	$0.86	$0.92	$1.22	$1.00	$0.60	$0.71	$0.79	$0.54
Low Forecast	$1.32	$1.34	$1.34	$1.32	$1.37	$1.39	$1.39	$1.32	$1.37	$1.25	$1.29	$1.13	$0.89	$0.79	$0.77	$0.54	$0.60	$0.58	$0.61	$0.49	$0.59	$0.66	$0.71	$0.76	$1.02	$1.00	$0.60	$0.71	$0.79	$0.54
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.69%	0.75%	0.69%	3.41%	0.80%	-	0.95%	1.05%	1.05%	1.21%	1.51%	0.98%	1.00%

According to 20 Wall Street analysts, Tesla's projected average Quarter EPS for Dec 24 is $0.75, with a low estimate of $0.60 and a high estimate of $0.88. This represents a -24.83% decrease compared to TSLA previous annual EPS of $1.00 (Sep 24).

Tesla Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
NIO	NIO	$4.63	$19.45	320.09%	Buy
XPEV	XPeng	$12.52	$21.59	72.44%	Buy
LI	Li Auto	$23.19	$35.06	51.19%	Buy
TSLA	Tesla	$346.00	$253.90	-26.62%	Buy

TSLA Forecast FAQ

Is Tesla a good buy?

Yes, according to 40 Wall Street analysts, Tesla (TSLA) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 24 'Buy' recommendations, accounting for 60.00% of TSLA's total ratings.

What is TSLA's price target?

Tesla (TSLA) average price target is $253.9 with a range of $85 to $600, implying a -26.62% from its last price of $346. The data is based on 40 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Tesla stock go up soon?

According to Wall Street analysts' prediction for TSLA stock, the company can go down by -26.62% (from the last price of $346 to the average price target of $253.9), up by 73.41% based on the highest stock price target, and down by -75.43% based on the lowest stock price target.

Can Tesla stock reach $500?

TSLA's highest twelve months analyst stock price target of $600 supports the claim that Tesla can reach $500 in the near future.

What is Tesla's current price target trend?

12 Wall Street analysts forecast a $264.42 price target for Tesla (TSLA) this month, down -23.58% from its last price of $346. Compared to the last 3 and 12 months, the average price target decreased by -29.32% and decreased by -34.25%, respectively.

What are Tesla's analysts' financial forecasts?

Tesla's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $129.71B (high $137.92B, low $119.78B), average EBITDA is $19.92B (high $21.18B, low $18.39B), average net income is $21.28B (high $23.03B, low $19.16B), average SG&A $10.1B (high $10.74B, low $9.33B), and average EPS is $6.09 (high $6.59, low $5.48). TSLA's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $142.86B (high $151.9B, low $131.93B), average EBITDA is $21.94B (high $23.32B, low $20.26B), average net income is $20.67B (high $22.37B, low $18.61B), average SG&A $11.12B (high $11.83B, low $10.27B), and average EPS is $5.91 (high $6.4, low $5.32).

Did the TSLA's actual financial results beat the analysts' financial forecasts?

Based on Tesla's last annual report (Dec 2022), the company's revenue was $81.46B, beating the average analysts forecast of $81.06B by 0.50%. Apple's EBITDA was $17.83B, beating the average prediction of $12.5B by 42.65%. The company's net income was $12.58B, beating the average estimation of $10.04B by 25.34%. Apple's SG&A was $3.95B, missing the average forecast of $5.15B by -23.31%. Lastly, the company's EPS was $4.02, beating the average prediction of $3.44 by 16.91%. In terms of the last quarterly report (Sep 2024), Tesla's revenue was $25.18B, missing the average analysts' forecast of $25.47B by -1.12%. The company's EBITDA was $2.72B, missing the average prediction of $3.91B by -30.52%. Tesla's net income was $2.17B, beating the average estimation of $2.08B by 4.43%. The company's SG&A was $1.19B, missing the average forecast of $1.98B by -40.20%. Lastly, the company's EPS was $1, beating the average prediction of $0.593 by 68.53%