Analyst Ratings Coverage
UBS Securities (Rank#17) on Tuesday Oct 10th, issued a research report announcing ts decision to cut the12 month target price on shares of Tesla to $266 from $290 per share. The analyst maintaining the “Neutral” rating on the stock, amid fears UBS believes that Tesla is losing its technological advancements against the competition.
TSLA Stock Forecast & Analysis
- Average Analyst Target Price: According to the consensus of 29 analysts, the average target price for Tesla Inc’s stock over the next 12 months is USD 246.35. This target price is a reflection of the collective opinion among these analysts regarding the anticipated future value of the stock. It’s an important metric for investors as it provides guidance on where the stock may be headed.
- Average Analyst Rating: Tesla Inc holds an average analyst rating of “Buy.” This rating indicates a prevailing positive sentiment among analysts. A “Buy” rating generally implies that the analysts believe the stock has the potential for price appreciation.
- Stock Target Advisor’s Analysis: Stock Target Advisor, based on its own analysis, has assigned Tesla Inc a “Slightly Bullish” outlook. This assessment is derived from the evaluation of ten positive signals and five negative signals. These signals likely encompass a range of factors, including technical indicators, financial metrics, and market sentiment.
- Recent Stock Performance: As of the last closing, Tesla Inc’s stock price was recorded at USD 259.67. Over the past week, the stock has shown a modest increase of +3.21%. Over the past month, it has demonstrated a stronger gain of +4.49%, and over the last year, it has surged significantly by +16.41%.
The current analysis provides a comprehensive view of Tesla Inc’s stock, incorporating consensus forecasts, analyst ratings, and recent performance. While this data can serve as a valuable reference point, it is essential for investors to conduct their own due diligence, assess their risk tolerance, and align their investment decisions with their financial objectives. Furthermore, monitoring the stock’s performance and staying updated on developments in the electric vehicle industry and Tesla Inc’s operations is crucial as market conditions evolve.
