Tesla (TSLA)is a prominent U.S. company specializing in the design and production of electric vehicles and energy storage solutions. Founded in 2003 and going public in 2010, Tesla has experienced an astounding 4,800% growth in its stock price over the span of 12 years, outpacing the growth rates of industry giants like General Motors and Toyota. The recent years, especially 2020-2021, have witnessed a remarkable surge in Tesla's stock price. In 2020 alone, the company's shares soared by approximately 800%.
In this review you can find valuable insights into Tesla's stock, providing access to Tesla's target price from over 30 analysts, as well as earning estimates, and fundamental data. This review includes an average projected stock price analysis for both quarterly and yearly periods.
Disclaimer:
This article is not advice to buy stocks. The TSLA price target is based on the independent analysts estimates as of this moment, but the circumstances can change over time and the actual price may not be the same as the forecast. Please be aware that stocks are a volatile asset and consider the risks when making investment decisions.
In this segment, you will gain insights into various analyst forecasts, which encompass the following key areas:
Projected Tesla stock price targets
Quarterly and annual Tesla earnings estimates
Quarterly and annual sales volume estimates
Projected assessment of capitalization growth rates
These forecasts are meticulously compiled based on surveys conducted with top managers of companies and analysts. Moreover, the analysis takes into consideration both current financial indicators and projected indicators of the companies under review, ensuring a comprehensive and well-rounded perspective for investors and decision-makers.
| Strong buy | 24 |
| Buy | 44 |
| Hold | 59 |
| Sell | 18 |
| Strong sell | 11 |
| Overall recommendation | Hold |
| Current stock price | 181.88 |
| Highest projected stock price | 320 |
| Lowest projected stock price | 24.33 |
| Average projected stock price | 191.29 |
| Parameter | Current quarter forecast | 12-month forecast |
|---|---|---|
| Maximum forecast | 0.91 | 6.84 |
| Minimum forecast | 0.35 | 1.9 |
| Parameter | Current quarter forecast | 12-month forecast |
|---|---|---|
| Average forecast | 0.7 | 3.9 |
| Average forecast value 1 year ago | 0.91 | 2.85 |
| Parameter | Current quarter forecast | 12-month forecast |
|---|---|---|
| Maximum forecast, | 29.5B | 166.8B |
| Minimum forecast, | 23B | 96.1B |
| Parameter | Current quarter forecast | 12-month forecast |
|---|---|---|
| Average forecast, | 26.2B | 126.7B |
| Projected sales growth in % to the previous period | 5 | 20 |
| Current quarter forecast, % | -31.8 |
| Actual 5-year price increase (average value in % for 1 year) | 70.32 |
| 12-month forecast, % | -8.7 |
| 5-year forecast (average value in % for 1 year) | 15.3 |
In this section you will learn about the basic statistics of Tesla and other data for fundamental analysis. The section provides key financial indicators of the company as well as main multipliers.
Basic indicators contain information about the company that provides a general idea of its operation and position in the market.
Key financial indicators of Tesla contain general information about the financial condition of the company. For analysis, current values are compared to the values of previous periods, forecasts and indicators of competitors.
Multipliers are coefficients, derivative financial indicators that allow for assessing financial stability, the degree of undervaluation, overvaluation, investment attractiveness of a company, company’s performance, and forecasting an increase or decline in the value of shares.
Several key factors can significantly influence the future price of Tesla (TSLA) and its earnings projections:
Fundamental macroeconomic factors. The demand for electric cars, including Tesla's products, is highly sensitive to the overall state of the global economy. Economic stagnation can lead to a sharp drop in demand, while positive dynamics in the U.S. and global economies may boost demand for electric vehicles.
Competition factor. As the current leader in the electric car segment, Tesla's stock could be impacted if competitors like BMW or Renault introduce more affordable electric cars with superior specifications, potentially affecting Tesla's market share.
Elon Musk, a driving force behind Tesla's success, is known for his unconventional behavior and public statements. Musk's remarks regarding Tesla, electric cars sold for cryptocurrencies like Dogecoin, and other news may lead to increased volatility in Tesla's stock.
Additionally, marketing campaigns and the perception of the electric car segment in the public eye can also influence Tesla's stock quotes. As the world gradually shifts toward alternative energy sources, including electricity, popularizing electric cars may spur demand, but their relatively high prices and maintenance costs remain key obstacles. Understanding these factors is crucial for investors and analysts when evaluating Tesla's target price and earnings projection.
The maximum 12-months Tesla (TSLA) stock price target is 377.8$, the average 12-months projected Tesla (TSLA) stock price target is 227.79$.
Overall recommendation of most analysts hold Tesla (TSLA) stocks
The extent to which a stock is deemed overvalued or undervalued is influenced by various factors, such as the industry it belongs to, its profit and sales growth trends, and more. Presently, the Tesla (TSLA) stock's P/E ratio stands at 70.272224. If the P/E is above the industry average, the stock may be overvalued.
Yes. The company is one of the leaders in its industry, therefore, in the long term, it is possible to update historical highs.
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).
