How high can Tesla stock go in the future?
TSLA Stock 12 Month Forecast
It's unlikely Tesla's returns going forward will come anywhere near resembling the last five years. So, investors shouldn't expect a $1,000 price per share by the end of the decade.
Wall Street expects Tesla earnings per share of just $2.96 a share in 2024, according to FactSet. That would be a around a 5% decline vs. last year's $3.12. That was a 23% decline vs. 2022. Analyst project a solid increase in 2025 to $4.13 a share.
Tesla Stock Forecast 2024 & 2025
“Our 12-month price target is now $190 (from $220 prior), and is based on 50X (unchanged) applied to our updated Q5-Q8 EPS estimate, including SBC,” explained the investment bank.
| 2025 | 2040 | |
|---|---|---|
| TSLA stock forecast (5% annual growth) | $184 | $403 |
| TSLA stock forecast (S&P 500 historical 11.13% ROI - last 50 yrs) | $195 | $1,056 |
| TSLA stock forecast (QTEC historical 15.2% ROI - last 18 yrs) | $202 | $1,947 |
Tesla (TSLA) stock is down more than 30% so far in 2024, but Ark Invest CEO Cathie Wood thinks "now is not the time to run for the hills." In fact, Ark has been buying the stock and thinks it could rise to $2,000 per share in the next five years, representing an increase of more than 1,000% from today's levels.
This means that your $1,000 10 years ago — technically, $1,002 — would have bought 60 shares of Tesla. As of Mar. 3, 2024, those 60 shares of Tesla would be worth $12,158.40. That marks a 28.342% annual rate of return.
He forecasts Tesla stock to gain about 550% to hit $1,200 a share by 2030, and for SpaceX to triple in valuation over the same period, according to a recent interview conducted by Bloomberg. Baron runs the Baron Focused Growth Fund, which counted Tesla and SpaceX as its largest holdings as of December 31, 2023.
The next decade is going to be a tougher slog than the last 10 years. Tesla won't be a bust like Rivian and Lucid but I don't see it outperforming the market either. The share price will have to come down significantly from these levels to make TSLA stock a buy.
| S.No. | Company | Industry/Sector |
|---|---|---|
| 1. | Tata Consultancy Services Ltd | IT - Software |
| 2. | Infosys Ltd | IT - Software |
| 3. | Hindustan Unilever Ltd | FMCG |
| 4. | Reliance Industries Ltd | Refineries |
Is Tesla a long term buy?
Analyst Forecasts
Currently, 32 Wall Street analysts follow Tesla stock, and they have a consensus “buy” rating on the company. Their average 12-month price target is $207.30, marking a potential gain one year out of about 27%.
Is Tesla stock a Buy, Sell or Hold? Tesla stock has received a consensus rating of buy. The average rating score is and is based on 46 buy ratings, 33 hold ratings, and 15 sell ratings.
Bullish Tesla investors also point out that the company's revenue growth beyond 2024 is expected to surpass all of the Magnificent Seven other than Nvidia Corp. Its earnings are also projected to bounce back in 2025 after dropping this year, and will be climbing at a faster pace than most other mega-caps.
A $10,000 investment in Tesla back in April of 2014 would now be worth roughly $121,460 right now -- and that's even factoring in the stock's pullback this year.
When it comes to the Tesla stock price prediction for 2050, Tesla stock would be trading at $4,700 in 2050 if it were to grow at the same 11.8% average rate as the S&P 500. If TSLA were to grow at the same rate as the Nasdaq 100's 17.5% average annual return, it would be worth $18,900 by 2050.
Put differently, while some experts expect the stock price to be cut nearly in half, others foresee TSLA doubling from current levels. And we haven't yet factored in perma-bull Cathie Wood of Ark Invest, who has set a base case 2027 target price of $2,000 on Tesla.
Investing $100: Based on a price of $681.79 at the time of writing, a $100 investment could purchase 0.1467 shares of Tesla. Tesla hit an all-time high of $1,243.49 on Nov. 4, 2021. If Tesla shares return to their all-time high, the $100 investment would be worth $182.42.
On Wednesday, June 10, 2020, Tesla's stock price hit $1,000 a share for the first time. PUBLISHED: June 10, 2020 at 8:09 a.m. | UPDATED: June 10, 2020 at 2:50 p.m.
Historical daily share price chart and data for Tesla since 2010 adjusted for splits and dividends. The latest closing stock price for Tesla as of April 17, 2024 is 155.45. The all-time high Tesla stock closing price was 409.97 on November 04, 2021.
Originally Answered: Will Tesla stock reach $10,000 USD by 2023? Nope. By 2023, the race will be on with over 200 models of EVs (apart from Hydrogen FCEVs rising fast) across the entire spectrum of categories (from the most affordable to luxury).
What if you invested $1,000 in Coca Cola 10 years ago?
If you invested in the company 10 years ago, that decision could have paid off. According to CNBC calculations, a $1,000 investment in Coca-Cola in 2009 would be worth more than $2,800 as of Feb. 15, 2019.
If You'd Invested $1,000 in Tesla 5 Years Ago, Here's How Much You'd Have Today. I won't keep you in suspense. The answer is: $8,862.79. That's how much money you'd have today if you had invested $1,000 in Tesla (NASDAQ: TSLA) stock five years ago -- and it's a pretty nice return, right?
| Years Old | Depreciation | Residual Value |
|---|---|---|
| 7 | $26,736 | 55.19% |
| 8 | $30,029 | 49.67% |
| 9 | $27,446 | 54.00% |
| 10 | $28,574 | 52.11% |
13 out of the 933 hedge funds part of Insider Monkey's Q4 2023 database had bought and owned Rocket Lab USA, Inc. (NASDAQ:RKLB)'s shares. Along with Telesat Corporation (NASDAQ:TSAT), Lockheed Martin Corporation (NYSE:LMT), and The Boeing Company (NYSE:BA), it is a top space stock to buy.
Wall Street currently expects Tesla earnings per share of just $2.70 in 2024, according to FactSet. That would be more than a 13% decline vs. last year's $3.12. Wall Street's 2024 EPS consensus estimates for Tesla have now come down 29% since the end of 2023.
