Tesla stock price prediction: $480 bull, $268 bear
By Tobi Opeyemi Amure
AI summary of the source article
Following a close at $354.81, Tesla's stock outlook spans an analyst spread of 59.8%, marked by RBC Capital's $480 target and BNP Paribas Exane's $268 target. The variance precedes Tesla's third-quarter production and delivery report, which carries a company-compiled sell-side consensus mean of 461,974 vehicles, representing a 7.1% year-over-year decline. The pending delivery metrics will test a stock currently trading at 328.5 times its trailing twelve-month diluted GAAP earnings per share of $1.08. Concurrently, Tesla faces regulatory scrutiny under NHTSA Audit Query AQ26002 regarding roughly 1,000 Cybercabs.
Why it matters
The pending delivery figures will determine whether Tesla can sustain extreme valuation multiples that currently exceed 300 times trailing earnings. The wide analyst target spread underscores differing views on production momentum and capital spending.
Key facts
- Tesla closed at $354.81, framed by an RBC Capital bull target of $480 and a BNP Paribas Exane bear target of $268.
- Company-compiled sell-side consensus for third-quarter deliveries averaged 461,974 vehicles, a 7.1% decline from the prior year.
- Trailing four-quarter diluted GAAP earnings per share totaled $1.08, putting the share price at 328.5 times trailing earnings.