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Analyst TSLA Price Targets

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Buckminster

Well-Known Member
Aug 29, 2018
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UK
Old thread - no longer in use:
Wiki - Analyst Price Targets for $TSLA

From main thread:

@CHGolferJim :
Reminder of reasonably credible analyst/investor price targets (please update if I misstated any):

2022
$900 — A.Jonas, MS
$1,000 — Gary Black
$1,000 — D. Ives, Wedbush

2023
$2,500 — Gene Munster

2025
$1,500 — Gary Black
$3,000 — ARKK ($4,000 bull)

2030
$2,000 — Ron Baron
$3,000 — Rob Maurer (moderate progress in FSD)
@Zero CO2 :
$1200 - Alex Potter Piper Sandler
 
Here are all of the price targets from above with a few more that I found. I created links to articles/videos for a source of the price target info. Included in parentheses are the dates when each price target was mentioned.

2021
$1,000 -- Gary Black (Jun 2021, “present value”)

2022
$700 -- Joseph Spak, RBC Capital Markets (Jan 2021)
$700 -- Philippe Houchois, Jefferies (Mar 2021)
$728 -- Ben Kallo, Baird (Jan 2021)
$800 -- Dan Levy, Credit Suisse (Jan 2021)
$812 -- Jed Dorsheimer, Cannacord Genuity (Jun 2021)
$820 -- Vijay Rakesh, Mizuho Securities (Apr 2021)
$860 -- Mark Delaney, Goldman Sachs (Apr 2021)
$900 -- Bank of America (Jan 2021)
$900 -- Pierre Ferragu, New Street Research (Mar 2021)
$900 -- Adam Jonas, Morgan Stanley (Apr 2021)
$950 ($1,250 “Bull”) -- Dan Ives, Wedbush (Jan 2021)
$1,010 -- Bill Selesky, Argus Research (Jan 2021)
$1,036 -- Colin Rusch, Oppenheimer (Jan 2021)
$1,200 -- Alex Potter, Piper Sandler (Feb 2021)

2023
$2,500 -- Gene Munster, Loup Ventures (Dec 2020. Revised in Jan 2021, see 2025).

2025
$1,500 -- Gary Black (Apr 2021)
$2,500 -- Gene Munster, Loup Ventures (Jan 2021)
$3,000 ($4,000 “Bull”, $1,500 “Bear”) -- ARK Invest (Mar 2021)

2030
$2,000 -- Ron Baron (Mar 2021)
$3,000 -- Rob Maurer (Mar 2021)
 
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The ARK stuff is quite comical. If Tesla does 1.5m in 2022 (which is about where consensus is, depending on what happens with Shanghai) and you apply a 50% annual growth rate...their own estimates have them doing 7.6m deliveries in 2026. And an example *BEAR CASE* is for 10m deliveries?

And their bull case is a $6.7 trillion market cap, which is roughly 20% of the entire projected U.S. GDP in 2026.

In the base case, they have Tesla buying $80 billion of Bitcoin, which contributes ~$400bn to the 2026 price target. And the share count rises <1% cumulatively over the next four years.
 
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