Highlights:
- Tesla's (TSLA, Financial) stock has seen a significant 40% drop this year, slashing its market cap by over $500 billion.
- Wall Street analysts provide a mixed forecast with an average target price of $305.21, indicating a potential upside of 29.50% from current levels.
- GuruFocus estimates a GF Value of $289.51 for Tesla, suggesting a 22.84% upside.
Tesla Inc. (TSLA) has faced a challenging year with its stock experiencing a dramatic 40% decline. This downturn has resulted in a loss of over $500 billion in market capitalization. The controversies surrounding CEO Elon Musk, along with declining sales figures, have been major contributors to this slide. While some attribute the stock's volatility to its politicization, others argue that Tesla's ambitious projects—including the Megapack and autonomous vehicle initiatives—must demonstrate real-world effectiveness and meet delivery targets to justify its valuation.
Wall Street Analysts Forecast
In evaluating Tesla's future, 44 analysts have provided their one-year price targets. The average target is set at $305.21, with predictions ranging from a high of $465.70 to a low of $19.05. This average target suggests a 29.50% potential upside from the current trading price of $235.68. For more comprehensive estimate data, visit the Tesla Inc (TSLA, Financial) Forecast page.
The consensus among 54 brokerage firms rates Tesla Inc.'s shares as a "Hold," reflected in an average recommendation score of 2.7. This rating scale, spanning from 1 (Strong Buy) to 5 (Sell), provides a tempered outlook on the stock's performance.
GuruFocus Valuation
According to GuruFocus, Tesla's estimated GF Value for the upcoming year is $289.51. This GF Value calculation points to a potential 22.84% upside from the current price of $235.68. GuruFocus determines this estimate based on Tesla's historical trading multiples, past business growth, and future performance projections. More detailed information is available on the Tesla Inc (TSLA, Financial) Summary page.
