What is the prediction for Tesla stock price in 2025?
What Is TSLA Stock's Price Prediction For 2025. Tesla stock forecasts range from $85 to $400. The $85 target comes from Craig Irwin, a Roth Capital analyst. Irwin believes Tesla is grossly overvalued today.
Tesla Stock Forecast 2024 & 2025
They believe an upside scenario for the stock over the next 12 to 24 months could be ~$300 using a multiple of 50x to 60x applied to the company's 2026E EPS, while a downside scenario could be ~$65 to $85 using a multiple of 30x applied to Tesla's 2024 EPS.
We forecast that Tesla's deliveries will be roughly flat in 2024 versus 1.8 million in 2023. We anticipate lower average selling prices, as Tesla will likely have to cut prices in key markets like China, in line with peers. We forecast automotive gross margins will be 18% in 2024, in line with 2023 results.
The highest prediction stood at $430.33 while the lowest sat at $33.33. As for the Tesla long term forecast, Wallet Investor has estimated a Tesla 5 year forecast of $564.24 a share. Additionally, Gov Capital, another algorithm-based forecasting service, has a baseline Tesla stock 5-year forecast of $2,326.138.
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.
Analysts currently expect Tesla earnings per share of just $2.70 in 2024, according to FactSet. That would be more than a 13% decline vs. $3.12 in 2023.
Average Price Target
Based on 34 Wall Street analysts offering 12 month price targets for Tesla in the last 3 months. The average price target is $184.86 with a high forecast of $310.00 and a low forecast of $22.86. The average price target represents a 18.61% change from the last price of $155.85.
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 manager of the Baron Focused Growth Fund expects Tesla's stock to reach $1,200 by 2030, up 550% from current levels, citing its strong brand. Tesla and Musk's privately held SpaceX were the fund's largest holdings as of December 31.
If Tesla stock were to grow at this average rate until 2040, TSLA stock would be worth $1,541 in 2040. This would be more than 4x the stock's current all-time high price of $407. Meanwhile, the tech-heavy Nasdaq-100 index has displayed an average annual return of 17.5% between its inception in 1986 and 2022.
Is Tesla a good stock to buy 2024?
Wall Street consensus has 2024 Tesla earnings firmly below 2023's level. That signals another year of earnings declines for this growth stock. 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.
Analyst Forecasts
Currently, 32 Wall Street analysts follow Tesla stock, and they have a consensus “buy” rating on the company.
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.
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.
The company's gross margins fell 15% YoY last year, while adjusted earnings per share (EPS) tumbled 23% to $3.12. Analysts expect Tesla's adjusted EPS to fall slightly in 2024, while predicting a nearly 13% rise in revenues.
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.
When it comes to the Tesla stock price forecast for 2050, Tesla stock would be trading at $3,035 in 2050 if it were to grow at the same 11.1% average rate as the S&P 500. If TSLA were to grow at the same rate as the Nasdaq 100's 15.2% average annual return, it would be worth $8,015 by 2050.
| Year | Prediction | Change |
|---|---|---|
| 2027 | $ 323.46 | 108.77% |
| 2028 | $ 413.41 | 166.83% |
| 2029 | $ 528.37 | 241.03% |
| 2030 | $ 675.30 | 335.86% |
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 45 buy ratings, 33 hold ratings, and 16 sell ratings.
As of 2024-04-18, the Fair Value of Tesla Inc (TSLA) is 117.74 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 155.45 USD, the upside of Tesla Inc is -24.3%.
What is the 12 month forecast for Tesla stock?
Tesla Stock Forecast
The 30 analysts with 12-month price forecasts for Tesla stock have an average target of 195.1, with a low estimate of 22.86 and a high estimate of 310. The average target predicts an increase of 25.51% from the current stock price of 155.45.
| Year | Prediction | Change |
|---|---|---|
| 2025 | $ 232.85 | 28.45% |
| 2026 | $ 299.10 | 64.99% |
| 2027 | $ 384.20 | 111.94% |
| 2028 | $ 493.50 | 172.23% |
Ark Invest has laid out several price targets for Tesla over the years, factoring in items like full self-driving and robotaxis. The newest price target for Tesla shares for Tesla came in April 2023, with a call for the stock price to hit $2,000 in 2027 and the company's market capitalization to hit $4.4 trillion.
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.
| Year | Mid-Year | Tod/End,% |
|---|---|---|
| 2032 | $572 | +276% |
| 2033 | $598 | +294% |
| 2034 | $627 | +313% |
| 2035 | $658 | +334% |
