Tesla (TSLA) Stock Price Forecast: Analysts Predict Positive Outlook
Average Price Target of $262.39 for the Next 30 Days
Analysts are generally bullish on Tesla Inc. (TSLA) stock price in the next 30 days, with an average price target of $262.39. This projection is based on the forecasts of 32 analysts who have issued 12-month price targets for the stock. The highest price target is set at $310.00, while the lowest is $85.00.
12-Month Price Forecast: $195.25
The 34 Wall Street equities research analysts who have issued 12-month price forecasts for Tesla have an average target of $195.25. This represents a potential upside of over 20% from the current stock price. The highest price target for this period is $310.00, while the lowest is $22.86.
Market Sentiment and Factors to Consider
The positive outlook on Tesla's stock price is likely driven by several factors, including strong demand for electric vehicles, the company's innovative product lineup, and its ambitious growth plans. However, investors should also consider the risks associated with the stock, such as competition from other automakers, potential regulatory changes, and the company's reliance on government incentives.
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