When Cantor Fitzgerald analyst Andres Sheppard set a $355 price target for Tesla stock on July 21, 2025, he predicted the electric car maker’s shares would rise nearly 8% from their current trading price. Tesla was trading at $329.22 when he made this announcement, and the stock climbed 3% to close at $329.65 that day. It reached $334 in pre-market trading before the company’s second-quarter earnings report.
Sheppard’s target sits below Deutsche Bank’s $345 projection, but he maintains an “Overweight” rating on the stock. This unchanged rating from his previous assessment reinforces his confidence in Tesla’s prospects. He believes Tesla’s long-term growth potential remains strong despite recent market volatility. The analyst points to several key developments that could drive the stock higher.
Tesla’s upcoming Model Q launch in the fourth quarter of 2025 represents a major opportunity. This lower-cost electric vehicle targets price-sensitive markets and could expand Tesla’s customer base. The company’s production scaling efforts should create cost savings across its global supply chains.
Model Q’s lower-cost design targets price-sensitive markets while production scaling creates supply chain savings
Sheppard also highlights Tesla’s robotaxi development as a potential transformative factor for generating new revenue streams. The company’s AI-driven energy solutions connect vehicles to smart grids and storage systems. Tesla’s expanding charging infrastructure supports continued delivery growth worldwide.
Financial projections show mixed signals. Analysts expected Tesla to report $0.40 earnings per share and $22.42 billion in revenue for the second quarter. While the company beat these estimates, its stock fell 8% on July 25, 2025. Investors reacted negatively to Tesla’s vague guidance and “rough” outlook mentioned during the earnings call.
The company faces several challenges. Tesla didn’t update its 2025 delivery and energy output targets, creating uncertainty among investors. Price cuts to maintain market share could squeeze profit margins. Supply chain issues and demand headwinds add to these concerns. Zacks Investment Research ranked Tesla as #4 (Sell), reflecting some analysts’ cautious stance on the stock.
Despite short-term volatility, Sheppard sees long-term catalysts for Tesla’s stock. Renewable energy policy changes and the need to replace aging gasoline-powered vehicles support future growth. The analyst believes Tesla’s vertical integration strategy and dominance in autonomous technology markets position it well for the future.