Key Highlights:
- Tesla aims to launch cost-effective electric vehicles by mid-2025 to increase market penetration.
- Average analyst price target suggests a slight downside, with a "Hold" status recommendation.
- GuruFocus projects a potential decline based on GF Value estimates.
Tesla Inc. (TSLA, Financial) is steering towards broadening its market influence by planning to roll out more affordable electric vehicles by the middle of 2025. Company executives have outlined that these new models will largely resemble existing ones like the Model Y, facilitating a seamless integration into current production lines. Initial manufacturing is slated for June 2025.
Wall Street Analysts' Projections for Tesla
Wall Street's insights, drawn from 44 analysts, present an average price target for Tesla Inc. (TSLA, Financial) at $284.44. This analysis spans a high estimate reaching $452.00 and a low estimate of $19.05, suggesting a minor downside of 0.18% from the recent price of $284.95. For more comprehensive forecast details, visit the Tesla Inc (TSLA) Forecast page.
Furthermore, the consensus recommendation gathered from 54 brokerage firms reflects an average brokerage recommendation of 2.7 for Tesla Inc. (TSLA, Financial), positioning the stock within the "Hold" category. In this ranking system, 1 denotes a Strong Buy, while 5 indicates a Sell.
Analyzing Tesla's GF Value by GuruFocus
GuruFocus provides an estimated GF Value of $276.11 for Tesla Inc. (TSLA, Financial) in one year's time, projecting a possible downside of 3.1% from the current trading price of $284.95. The GF Value serves as GuruFocus's assessment of the stock's fair trading value, derived from historical trading multiples, past business growth, and anticipated future performance. Dive deeper into these metrics on the Tesla Inc (TSLA) Summary page.
