Analyst Ratings Coverage
Wedbush Securities issued a research report on Tesla and reiterated the “Outperform” rating, and maintained the 12 month target forecast of $310 per share.
Tesla Stock Analysis
Analyst Target Price: One key metric investors often consider is the analyst target price. For Tesla Inc, the average analyst target price over the next 12 months stands at USD 262.07. This figure encapsulates the collective wisdom of financial experts, projecting the expected trading price of Tesla’s stock in the coming year. Investors commonly leverage target prices as a benchmark for assessing potential returns or risks tied to holding or acquiring the stock.
Analyst Rating – Buy: The consensus among analysts regarding Tesla’s stock is overwhelmingly positive, with the average analyst rating being “Buy.” This rating reflects the shared belief among financial experts that Tesla’s stock presents a favorable investment opportunity. Analyst ratings are subjective evaluations influenced by diverse factors, including the company’s financial performance, industry trends, and overall outlook.
Stock Target Advisor’s Analysis – Bullish: Adding another layer of analysis, Stock Target Advisor has conducted its own assessment of Tesla Inc, assigning a “Bullish” rating. This designation implies an optimistic outlook, supported by 12 positive signals and 3 negative signals. Investors keen on understanding the factors driving this bullish sentiment should review the specific signals provided by Stock Target Advisor.
Recent Stock Performance: Understanding how Tesla’s stock has fared recently is crucial for investors. Here’s a snapshot of its recent performance:
- Last Closing Price: Tesla Inc’s stock concluded its latest trading session at USD 236.08.
- Weekly Change: Over the past week, Tesla’s stock witnessed a modest change of +0.20%.
- Monthly Change: Investors experienced a notable positive change of +13.88% in Tesla’s stock over the past month.
- Yearly Change: Tesla has demonstrated substantial growth over the last year, with an impressive change of +29.10%.
Final Analysis:
As investors navigate the dynamic landscape of the stock market, insights from analysts, target prices, and comprehensive analyses such as Stock Target Advisor’s provide valuable information. While historical performance is indicative, it’s imperative for investors to conduct their due diligence and consider a range of factors before making investment decisions. The consensus “Buy” rating and bullish outlook reinforce the positive sentiment surrounding Tesla Inc, encouraging investors to delve deeper into the factors underpinning this optimism.
