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A Quick Look at Today's Ratings for Tesla(TSLA.US), With a Forecast Between $120 to $310

Futu News ·  Oct 3 21:00  · Ratings

On Oct 03, major Wall Street analysts update their ratings for $Tesla (TSLA.US)$, with price targets ranging from $120 to $310.

Morgan Stanley analyst Adam Jonas maintains with a buy rating, and maintains the target price at $310.

UBS analyst Joseph Spak maintains with a sell rating, and maintains the target price at $197.

Baird analyst Ben Kallo maintains with a buy rating, and maintains the target price at $280.

Stifel analyst Stephen Gengaro maintains with a buy rating, and maintains the target price at $265.

Wedbush analyst Daniel Ives maintains with a buy rating, and maintains the target price at $300.

Furthermore, according to the comprehensive report, the opinions of $Tesla (TSLA.US)$'s main analysts recently are as follows:

  • Despite the high expectations surrounding Tesla's Robotaxi, skepticism persists. Observations suggest a decline in delivery growth and marginal returns from price reductions, potentially leading to a significant decrease in the auto gross margin, excluding credits, by the year 2024.

Here are the latest investment ratings and price targets for $Tesla (TSLA.US)$ from 6 analysts:

StockTodayLatestRating_nn_201335_20241003_en

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

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