Key Takeaways:
- Tesla shares fell 6.9% as investors brace for its Q1 earnings.
- Barclays adjusted its price target for Tesla Inc. to $275.
- Analysts project a delivery forecast dip to 1.65 million units by 2025.
Tesla (TSLA, Financial) recently experienced a 6.9% decline in share value, reflecting investor anxiety ahead of the upcoming Q1 earnings report. The market is jittery over potential delays in the launch of the Model Y and uncertainties regarding CEO Elon Musk's level of engagement with Tesla amid his other ventures. As a consequence, Barclays has reduced its price target for Tesla to $275. Furthermore, analysts have adjusted their delivery forecasts for 2025, now predicting 1.65 million units.
Wall Street Analysts' Forecast
The one-year price targets provided by 44 analysts reveal an average target price of $305.34 for Tesla Inc. (TSLA, Financial). Price estimates range from a high of $465.70 to a low of $24.86, suggesting a significant upside of 35.02% from the current trading price of $226.14. Investors can explore more detailed estimates on the Tesla Inc. Forecast page.
In terms of brokerage recommendations, Tesla Inc. holds an average recommendation of 2.7 out of 54 firms, positioning it within a "Hold" category. This rating scale varies from 1, indicating a Strong Buy, to 5, which suggests a Sell.
The GuruFocus estimates suggest that Tesla Inc.'s (TSLA, Financial) estimated GF Value over the next year is $289.51. This represents a potential upside of 28.02% from the existing share price of $226.14. The GF Value metric, a distinctive feature of GuruFocus, estimates a stock's fair trading value based on historical trading multiples, past business growth, and future performance projections. Further detailed insights are accessible on the Tesla Inc. Summary page.
