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tesla stock target price 2021

by Heidi Schulist Published 3 years ago Updated 2 years ago
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The 38 analysts offering 12-month price forecasts for Tesla Inc have a median target of 950.00, with a high estimate of 1,580.00 and a low estimate of 250.00.

Full Answer

What are the Tesla stock forecasts for May 2022?

The forecast for beginning of April 879. Maximum value 978, while minimum 868. Averaged Tesla stock price for month 912. Price at the end 923, change for April 5.01%. Tesla stock predictions for May 2022. The forecast for beginning of May 923. Maximum value 1027, while minimum 911. Averaged Tesla stock price for month 958.

What is TSLA’s average 12-month price target according to analysts?

Find stocks in the Consumer Goods sector that are highly recommended by Top Performing Analysts. What is TSLA’s average 12-month price target, according to analysts? Based on analyst ratings, Tesla’s 12-month average price target is $1,063.88.

What will Tesla stock price be in October 2019?

Tesla stock predictions for October 2019. The forecast for beginning of October 224 Dollars. Maximum value 228, while minimum 202. Averaged Tesla stock price for month 217. Price at the end 215, change for October -4.0%.

Why did Tesla stock rise 6% to $697?

Shares of Tesla ( TSLA) were up more than 6% to $697 in midday trading Monday. Ark has changed its price target so drastically from last year, Kenney wrote, because the firm increased its assumptions for Tesla's ability to efficiently use its capital to finance its ambitious growth plans.

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What is the target price for Tesla stock?

The average analyst price target for Tesla stock was down to about $910 after Jonas' cut. It declined to about $907 early Friday after Credit Suisse analyst Dan Levy cut his price target to $1,000 a share from $1,125.

What is Tesla's price target for 2022?

Analysts also believe that Tesla faced challenges in its Austin, Texas, and Berlin factories. JPMorgan dropped its second-quarter earnings estimate to $1.70 from $2.26. The 2022 full-year estimate fell to $10.80 from $11.50. The analyst also trimmed the December 2022 price target to $385 from $395.

Is Tesla a good stock to buy 2021?

Bernstein analyst Toni Sacconaghi said Monday that while Tesla's sales increased 87% in 2021, the overall EV market grew even faster. Tesla stock, like CEO Elon Musk, is ever controversial: Some analysts foresee a crash and others expect gains of more than 100%.

Should I sell Tesla stock 2022?

Michaeli now expects Tesla to earn $14.06 a share in 2022, down from a prior projection of $14.40. His forecast of 2023 earnings, meanwhile, remains at $20.36 a share. That means Tesla is trading at about 34 times the per-share profit he expects for next year.

What will Tesla be worth 2023?

According to the latest long-term forecast, Tesla price will hit $900 by the end of 2022 and then $1,400 by the end of 2023. Tesla will rise to $1,800 within the year of 2024, $2,000 in 2025, $2,500 in 2026, $3,000 in 2027, $3,500 in 2028 and $4,000 in 2030.

Is Tesla a long term buy?

Garrett Nelson, vice president and senior equity analyst at CFRA Research, reiterated Tesla as a “strong buy” last week, giving it a price target of $1,200 per share on the company's “long-term growth potential.”

Should I buy a Tesla now or wait?

On the flip side, he needed a car to drive, and it comes as no surprise he bought another Tesla. He ordered a new Model Y, but it won't be coming soon, so the 2018 Model 3 was the best option....Regardless of why this owner did it, he vows to never do it again.CategoryIndustry Outlook Buying TipsMakeTeslaMay 2, 2022

Is Tesla a buy sell or hold?

Tesla has received a consensus rating of Hold. The company's average rating score is 2.31, and is based on 19 buy ratings, 9 hold ratings, and 8 sell ratings.

Is it smart to invest in Tesla?

Key Points. The EV maker's shares are down more than 30% year to date. Thanks to the company's soaring earnings, its price-to-earnings ratio has fallen even more than its stock price. It's navigating supply-chain challenges extremely well.

Is Tesla expected to rise?

The 37 analysts offering 12-month price forecasts for Tesla Inc have a median target of 950.00, with a high estimate of 1,580.00 and a low estimate of 250.00. The median estimate represents a +16.26% increase from the last price of 817.10.

Will Tesla split again 2022?

Today, as part of the release of its prospectus for its 2022 annual shareholder meeting, Tesla announced that it is going with a three-for-one stock split – meaning that if you own one Tesla share, you will get two more.

Do Tesla pay dividends?

Plus, Tesla does not pay a dividend to shareholders, which is also an important factor for income investors to consider. As a result, we believe income investors looking for lower volatility should consider high-quality dividend growth stocks, such as the Dividend Aristocrats.

Will Tesla prices go up in 2022?

Tesla has increased its prices again in 2022. The EV manufacturer raised its prices throughout its lineup overnight. Tesla is likely raising prices to deal with supply chain issues and inflation.

Is Tesla expected to grow 2022?

Right now the Street sees Tesla coming up short of 50% growth. For the full year, analysts project Tesla will deliver about 1.39 million vehicles in 2022, up about 48% from the 936,000 delivered in 2021. Tesla doesn't always grow volumes at greater than 50% each year. Delivery volumes grew 36% in 2020.

Will Tesla stock go up in 2021?

Tesla stock gained 50% in 2021, better than the 27% and 19% respective returns of the S&P 500 and Dow Jones Industrial Average. It was a solid result following on Tesla stock's massive 743% gain in 2020.

Will Tesla split again in 2022?

Today, as part of the release of its prospectus for its 2022 annual shareholder meeting, Tesla announced that it is going with a three-for-one stock split – meaning that if you own one Tesla share, you will get two more.

What is Tesla's consensus rating and price target?

According to the issued ratings of 34 analysts in the last year, the consensus rating for Tesla stock is Hold based on the current 8 sell ratings,...

Do Wall Street analysts like Tesla more than its competitors?

Analysts like Tesla stock less than the stock of other Auto/Tires/Trucks companies. The consensus rating score for Tesla is 2.24 while the average...

Do MarketBeat users like Tesla more than its competitors?

MarketBeat users like Tesla stock more than the stock of other Auto/Tires/Trucks companies. 66.17% of MarketBeat users gave Tesla an outperform vot...

Is Tesla being upgraded by Wall Street analysts?

Over the previous 90 days, Tesla's stock had 3 upgrades by analysts.

Does Tesla's stock price have much upside?

According to analysts, Tesla's stock has a predicted upside of 2.18% based on their 12-month price targets.

What analysts cover Tesla?

Tesla has been rated by Barclays , Berenberg Bank , BNP Paribas , Citigroup , Cowen , Cowen , Credit Suisse Group , Daiwa Capital Markets ,...

What is TSLA’s average 12-month price target, according to analysts?

Based on analyst ratings, Tesla’s 12-month average price target is $937.53.

What is TSLA’s upside potential, based on the analysts’ average price target?

Tesla has 27.90% upside potential, based on the analysts’ average price target.

Can I see which stocks the top-ranking analysts are rating?

Yes, go to the [object Object] tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.

How can I follow the stock ratings of top Wall Street analysts?

Head over to our Expert Center to see a list of the [object Object] and follow the analysts of your choice. Visit their profiles for more details a...

How much did Tesla stock price go up in 2020?

After its price crashed on March 18, the company’s shares were already changing hands at $427.64 on March 19, gaining strong upside momentum. According to the Tesla stock analysis, the share price reached $1,795 on July 13, representing a hike of over 300 per cent from the start of 2020.

When did Tesla stock split?

On August 31, the five-for-one stock split went into effect, lowering Tesla’s sky-high share price of $2,230 to $446 and making the stock more accessible for new investors.

How many cars will be sold in 2025?

In his most bearish scenario, the sales stand at one million vehicles in 2025, with the share price plunging to $39. On the other hand, Ryan Brinkman, an analyst at J.P. Morgan, has taken the most bearish stance on the stock.

When will Tesla report its financial results?

On October 21, the company reported its financial results for Q3 2020. As expected by Tesla’s supporters, the business surpassed analysts’ expectations and reported its fifth consecutive quarter of profitability.

Where is Tesla's factory?

The company's third manufacturing factory near Berlin, where the Model Y will be produced, is now under construction and is expected to be completed in March 2021. The fourth plant will be built near Austin, Texas, and will become Tesla’s largest manufacturing facility. It will produce Cybertruck, Semi, Model 3 and Model Y.

Is Tesla included in the S&P 500?

In November, S&P Dow Jones Indices announced that Tesla would be included in the S&P 500 Index. After proving its ability to make profits for four quarters straight, the EV pioneer is set to join the other 499 iconic US companies on December 21, 2020. The index committee said:

Is Tesla a producer?

In a research note, Jonas said that the company is more than just a car producer: “To only value Tesla on car sales alone ignores the multiple businesses embedded within the company.”. “Tesla is on the verge of a profound business model shift.

How much will Tesla stock reach in 2025?

Ark Invest, run by the influential Cathie Wood, expects Tesla shares to reach at least $3,000 by 2025. That's a rise of more than 350% from Friday's close — and more than double Ark's own $1,400 price target it set last year.

How much money will Tesla have in 2025?

"It seems Ark believes Tesla will have $300 billion to $700 billion in 2025 revenues (vs. $31.5 billion in 2020), with no new debt and no equity issuance," said Gordon Johnson ...

When will Tesla be fully autonomous?

Keeney also wrote about an upcoming "robo-taxi" ride hailing service that Musk has promised, saying Ark also now believes that there is a 50% chance that Tesla will be able to achieve fully autonomous driving by 2025 — and that such a service would add $160 billion in annual profits by 2025 .

Stock Price Forecast

The 37 analysts offering 12-month price forecasts for Tesla Inc have a median target of 1,049.00, with a high estimate of 1,580.00 and a low estimate of 67.00. The median estimate represents a +30.21% increase from the last price of 805.63.

Analyst Recommendations

The current consensus among 43 polled investment analysts is to Buy stock in Tesla Inc. This rating has held steady since February, when it was unchanged from a Buy rating. Move your mouse over past months for detail

Tesla adjusts to supply chain challenges

Tesla reported record revenues of $17.72bn for the fourth quarter of 2021, up by 65% year-on-year (YoY), and record profit of $2.32bn, up by 760%. The company set a new record for its vehicle deliveries at 940,000 in 2021, with an annualised vehicle production run-rate of over 1.22 million during the fourth quarter.

Tesla share price reflects supply chain woes, stock sell-off

Tesla chart analysis shows that the share price gained as much as 76% in 2021, reaching an all-time intraday high of $1,243.49 and a closing high of $1,229.91 on 4 November. That made it the fifth company with a market capitalisation above $1trn.

Tesla stock forecast 2022: Will the share price rebound this year?

The average 12-month price target from 32 analysts that have issued a Tesla stock price prediction is $916.50 per share, according to MarketBeat, with a low price target of $250 per share and a high of $1,580 per share. There were 14 buy ratings, 10 hold recommendations and eight sell ratings.

Tesla stock recent news: Elon Musk continues to sell

In November, Tesla’s CEO Elon held a Twitter poll on whether he should sell 10% of his Tesla stock. The majority responded in the affirmative and Musk went on a stock selling spree thereafter. He sold $9.85 billion worth of Tesla shares in November and has already sold $2.87 billion worth of shares in December.

TSLA is the most valuable automaker

Meanwhile, despite the recent crash, TSLA’s market cap is near $1 trillion, a feat no other automaker has ever achieved in history. The company has ramped up its deliveries at a fast pace and its current run rate is around a million cars annually.

Tesla stock forecast

Tesla is arguably the most polarizing companies and it also reflects in its ratings. Of the 25 analysts polled by TipRanks, 13 rate the stock as a buy while six rate it as a sell. The remaining six analysts have a hold rating. Its average target price is $982.96, which is similar to the current stock price.

TSLA stock target price

Wall Street analysts have been gradually raising Tesla’s target price. Earlier this month, Deutsche Bank reiterated the stock as a buy and said that no other company comes closer to it in the EV race. That said, Amazon-backed Rivian, which was recently listed, is seen as a worthy competitor to TSLA.

Cathie Wood on Tesla stock

While Cathie Wood of ARK Invest has been selling Tesla shares, she expects the stock to more than triple to $3,000 by 2025. This would mean the company’s market cap hitting $3 trillion. Wood has been among the most prominent TSLA bulls and the company hasn’t disappointed her, or the investors in ARK ETFs.

TSLA stock long-term forecast

The l ong-term forecast for Tesla stock looks positive as it has an undeniable leadership in the EV industry. Here it is worth noting that the FSD (full self-driving) and other software capabilities of Tesla are key for its long-term success.

Software business

Musk cited a hypothetical example assuming annual revenues of $60 billion. He said during the fourth quarter 2020 earnings call that, “So — and the pace you get 20 PE on that, it’s like $1 trillion and the company is still in high-growth mode.

Historical and forecast chart of Tesla stock

The chart below shows the historical price of Tesla stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Tesla stock price can be found in the table below.

Tesla Daily Price Targets

Forecast target price for 02-20-2022: $ 865.44. Negative dynamics for Tesla shares will prevail with possible volatility of 3.182%.

Tesla information and performance

Tesla Motors is a young American automobile company from Silicon Valley with a focus on electric vehicles. Tesla was able to break the usual stereotypes about a small electric car and take the industry to a whole new level.

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