While most Wall Street analysts remain cautious on Tesla’s stock, one firm sees significant upside ahead. Cantor Fitzgerald recently set a $355 price target for Tesla, suggesting the electric car maker’s shares could rise 7.83% from current levels. The firm’s bullish stance comes as Tesla trades at $322, below the median analyst target of $299.52.
Cantor Fitzgerald’s $355 Tesla target suggests 7.83% upside while most analysts stay cautious.
Deutsche Bank also backs Tesla with a Buy rating and $345 target. The bank’s analysts point to Tesla’s upcoming Model Q launch in late 2025 as a key growth driver. This new low-cost electric vehicle could help Tesla reach more customers and enhance sales.
Not everyone’s optimistic though. UBS maintains its Sell rating with a $215 target, warning that Tesla’s valuation looks stretched. The firm worries investors are paying too much for the stock based on momentum rather than fundamentals. Morningstar gives Tesla just three stars, setting its fair value at $250 and citing concerns about shrinking profit margins.
The wide range of price targets shows how divided analysts are. The highest target sits at $500, while the lowest drops to just $19.05. That’s a massive gap that reflects uncertainty about Tesla’s future. ARK Invest stands out with its 2030 target exceeding $2,000, betting on Tesla’s autonomous mobility potential.
Tesla faces several challenges heading into its second-quarter earnings report. Analysts expect earnings of 40 cents per share on revenue of $22.42 billion. Some worry about delivery numbers after Tesla fell short of expectations in 2024. Others point to margin pressures as the company works to improve battery efficiency and cut costs.
Still, Tesla’s long-term growth story remains intact for bulls. Revenue could jump from $112 billion in 2025 to $297 billion by 2030, a 167% increase. The company’s robotaxi rollout represents another potential catalyst that could reshape its business model. With innovations in battery technology and expanding global production capabilities, Tesla is well-positioned to capitalize on the growing demand for electric vehicles. Analysts are increasingly optimistic about tesla’s financial turnaround explained, as they foresee improved margins and profitability in the coming years. If successful, these developments could solidify Tesla’s status as a leader in the automotive industry while boosting investor confidence further.
Beyond cars, Tesla’s pushing into renewable energy markets, which could open new revenue streams. The company’s also focusing on manufacturing its own batteries to control costs and improve supply chain stability. Tesla’s energy sector growth has become a key revenue driver as the company diversifies beyond its core automotive business.
With earnings approaching, Tesla’s stock has climbed despite the mixed analyst sentiment. Investors will soon learn whether the optimists or pessimists have it right.