WallStreetZen

NASDAQ: TSLA
Tesla Inc Stock Forecast, Predictions & Price Target

Analyst price target for TSLA

Based on 24 analysts offering 12 month price targets for Tesla Inc.
Min Forecast
$137.00-80.06%
Avg Forecast
$708.75+3.14%
Max Forecast
$1,200.00+74.62%

Should I buy or sell TSLA stock?

Based on 26 analysts offering ratings for Tesla Inc.
Buy
Strong Buy
9 analysts 34.62%
Buy
3 analysts 11.54%
Hold
12 analysts 46.15%
Sell
0 analysts 0%
Strong Sell
2 analysts 7.69%

TSLA stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
DZ Bank
Bottom 13%
13
Strong BuyUpgrades$750.00+9.14%2021-07-29
Canaccord Genuity
Top 9%
92
Strong BuyMaintains$768.00+11.76%2021-07-27
Goldman Sachs
Top 17%
84
Strong BuyMaintains$875.00+27.33%2021-07-27
Mizuho
Top 2%
99
Strong BuyMaintains$825.00+20.05%2021-07-27
Morgan Stanley
Top 12%
89
Strong BuyMaintains$900.00+30.97%2021-04-23
New Street
Top 42%
59
Strong BuyUpgrades$900.00+30.97%2021-03-09
Piper Sandler
Top 2%
99
Strong BuyMaintains$1,200.00+74.62%2021-02-01
Deutsche Bank
Top 7%
94
Strong BuyMaintains$900.00+30.97%2021-01-28
Argus Research
Top 27%
74
Strong BuyMaintains$566.00-17.64%2020-08-31
Wedbush
Top 4%
97
BuyUpgrades$1,000.00+45.52%2021-04-05

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Forecast return on equity

Is TSLA forecast to generate an efficient return?
Company
27.38%
Industry
145.64%
Market
59.33%
TSLA's Return on Equity is forecast to be high in 3 years (27.38%); analysts are confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is TSLA forecast to generate an efficient return on assets?
Company
12.32%
Industry
28.09%
Market
15.31%
TSLA is forecast to generate lower Return on Assets (12.32%) than the US Auto Manufacturers industry average (28.09%)
Forecast

TSLA earnings per share forecast

What is TSLA's earnings per share in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$2.61+16%
Avg 2 year Forecast
$5.09+126.08%
Avg 3 year Forecast
$5.52+145.19%
TSLA's earnings are forecast to grow at an exceptional rate of 39.45% per year
Forecast

TSLA revenue forecast

What is TSLA's revenue in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
$49.9B+19.17%
Avg 2 year Forecast
$67.0B+60.11%
Avg 3 year Forecast
$73.9B+76.52%
TSLA's revenue is forecast to grow at an exceptional rate of 21.99% per year
Forecast

TSLA earnings growth forecast

How is TSLA forecast to perform vs Auto Manufacturers companies and vs the US market?
Company
39.45%
Industry
39.78%
Market
18.21%
TSLA's earnings are forecast to grow slower (39.45% per year) than the US Auto Manufacturers industry average (39.78%)
Forecast
TSLA's earnings are forecast to grow faster (39.45% per year) than the US market average (18.21%)
Forecast
TSLA's earnings are forecast to grow faster (39.45% per year) than the risk-free savings rate (1.2%)
Forecast

TSLA revenue growth forecast

How is TSLA forecast to perform vs Auto Manufacturers companies and vs the US market?
Company
21.99%
Industry
52.05%
Market
13.5%
TSLA's revenues are forecast to grow slower (21.99% per year) than the US Auto Manufacturers industry average (52.05%)
Forecast
TSLA's revenues are forecast to grow faster (21.99% per year) than the US market average (13.5%)
Forecast

Tesla Stock Forecast FAQ

Is Tesla Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 26 Wall Street analysts covering (NASDAQ: TSLA) stock is to Buy TSLA stock.

Out of 26 analysts, 9 (34.62%) are recommending TSLA as a Strong Buy, 3 (11.54%) are recommending TSLA as a Buy, 12 (46.15%) are recommending TSLA as a Hold, 0 (0%) are recommending TSLA as a Sell, and 2 (7.69%) are recommending TSLA as a Strong Sell.

What is TSLA's earnings growth forecast for 2021-2023?

(NASDAQ: TSLA) Tesla's forecast annual earnings growth rate of 39.45% is not forecast to beat the US Auto Manufacturers industry's average forecast earnings growth rate of 39.78%, and while it is forecast to beat the US market's average forecast earnings growth rate of 18.21%.

Tesla's earnings in 2021 is $2,181,000,000.On average, 6 Wall Street analysts forecast TSLA's earnings for 2021 to be $2,583,939,562, with the lowest TSLA earnings forecast at $1,791,927,436, and the highest TSLA earnings forecast at $2,970,045,474. On average, 6 Wall Street analysts forecast TSLA's earnings for 2022 to be $5,035,910,104, with the lowest TSLA earnings forecast at $3,276,950,173, and the highest TSLA earnings forecast at $7,316,212,018.

In 2023, TSLA is forecast to generate $5,461,616,622 in earnings, with the lowest earnings forecast at $3,306,650,628 and the highest earnings forecast at $7,187,510,047.

What is TSLA's revenue growth forecast for 2021-2023?

(NASDAQ: TSLA) Tesla's forecast annual revenue growth rate of 21.99% is not forecast to beat the US Auto Manufacturers industry's average forecast revenue growth rate of 52.05%, and while it is forecast to beat the US market's average forecast revenue growth rate of 13.5%.

Tesla's revenue in 2021 is $41,862,000,000.On average, 9 Wall Street analysts forecast TSLA's revenue for 2021 to be $49,386,812,105,390, with the lowest TSLA revenue forecast at $47,193,032,566,702, and the highest TSLA revenue forecast at $52,164,789,688,662. On average, 9 Wall Street analysts forecast TSLA's revenue for 2022 to be $66,354,015,618,151, with the lowest TSLA revenue forecast at $52,268,840,281,768, and the highest TSLA revenue forecast at $86,158,841,167,392.

In 2023, TSLA is forecast to generate $73,156,731,523,695 in revenue, with the lowest revenue forecast at $52,744,047,557,608 and the highest revenue forecast at $97,197,500,278,941.

What is TSLA's forecast return on assets (ROA) for 2021-2024?

(NASDAQ: TSLA) forecast ROA is 12.32%, which is lower than the forecast US Auto Manufacturers industry average of 28.09%.

What is TSLA's Price Target?

According to 24 Wall Street analysts that have issued a 1 year TSLA price target, the average TSLA price target is $708.75, with the highest TSLA stock price forecast at $1,200.00 and the lowest TSLA stock price forecast at $137.00.

On average, Wall Street analysts predict that Tesla's share price could stay at $708.75 by Jul 29, 2022. The average Tesla stock price prediction forecasts a potential downside of N/A from the current TSLA share price of $687.20.

What is TSLA's Earnings Per Share (EPS) forecast for 2021-2023?

(NASDAQ: TSLA) Tesla's current Earnings Per Share (EPS) is $2.25. On average, analysts forecast that TSLA's EPS will be $2.61 for 2021, with the lowest EPS forecast at $1.81, and the highest EPS forecast at $3.00. On average, analysts forecast that TSLA's EPS will be $5.09 for 2022, with the lowest EPS forecast at $3.31, and the highest EPS forecast at $7.39. In 2023, TSLA's EPS is forecast to hit $5.52 (min: $3.34, max: $7.26).

What is TSLA's forecast return on equity (ROE) for 2021-2024?

(NASDAQ: TSLA) forecast ROE is 27.38%, which is considered strong.
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