Analyst Coverage Changes
Barclays has initiated coverage on Tesla Inc. and given it an “Overweight” rating, with a target price of USD 275
STA Research has reiterated its “Strong Buy” rating on Tesla with a target price of USD 225.
TSLA Stock Price Forecast & Analysis
According to 45 analysts, the average analyst target price for Tesla Inc over the next 12 months is USD 246.38. This means that on average, the analysts believe that the stock price will increase from its current price of USD 209.25 over the next year. Furthermore, the average analyst rating for Tesla Inc is Strong Buy, indicating a high level of confidence in the company’s future prospects.
Stock Target Advisor’s analysis of Tesla Inc’s stock is Slightly Bullish. This analysis is based on 11 positive signals and 5 negative signals, suggesting that there are slightly more indicators pointing to a positive outlook for the stock.
As of the last closing, Tesla Inc’s stock price was USD 209.25. However, the stock price has shown significant fluctuations over different time periods. Over the past week, the stock price has increased by 6.32%, while over the past month it has increased by 70.96%. However, over the last year, the stock price has decreased by 28.32%.