What will Tesla stock be in 2024? (2024)

What will Tesla stock be in 2024?

Tesla is expected to earn about $2.70 a share in 2024, while two years ago, the consensus call was $6.40 a share. More electric-vehicle competition, higher interest rates, and an aging product lineup have made selling Teslas much harder.

Will Tesla stock go up in 2024?

Tesla (TSLA) stock is angling lower in 2024, falling around 30% as analysts project 2024 vehicle deliveries could undercut last year's total with profit forecasts continuing to fall ahead of first-quarter earnings.

Will Tesla stock go up 2025?

Ashwath Damodaran Sees a Buying Opportunity in Tesla Stock

I believe that while 2024 could be a tough year for Tesla amid the slowing sales growth and falling margins, the company could see much better days in 2025 and beyond, especially as interest rates revert to more normalized levels.

What is the prediction for Tesla stock in 5 years?

Analyst project a solid increase in 2025 to $4.13 a share. However, Wall Street has slashed projections from $5.27 at the end of last year and $6.90 at the end of February 2023. Meanwhile, actual Tesla earnings peaked in 2022 at $4.07 a share.

Will Tesla stock go down to $100?

However, if Ives' own 2024 recovery forecast for Tesla fails to play out, it is very much possible that TSLA stock slides to $125 per share, $100 per share, or down to double-digit price levels. If this moment arrives, and it's not just the fair weather fans losing faith, consider this the time to pounce.

How high is Tesla stock expected to go?

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 $186.43 with a high forecast of $310.00 and a low forecast of $23.53. The average price target represents a 9.34% change from the last price of $170.50.

Is Tesla a good stock to hold?

Based on analyst ratings, Tesla's 12-month average price target is $196.72. Tesla has 18.06% upside potential, based on the analysts' average price target. Tesla has a conensus rating of Hold which is based on 9 buy ratings, 19 hold ratings and 7 sell ratings.

What will Tesla stock be worth in 2027?

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 bear-and-bull case for Tesla stock from Ark Invest are $1,400 and $2,500, respectively, for the same time period.

Can Tesla stock reach $1,000?

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.

How much will Tesla stock be worth in 2030?

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.

Can Tesla bounce back?

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.

Where will Tesla be in 10 years?

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.

What is the target price for Tesla in 2025?

Projections on Tesla's stock peak diverge. An upbeat view from TipRanks analysts hints at a $229 average price target, while Long Forecast foresees an increase to around $332 by the end of 2025.

Is Tesla a buy sell or hold?

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 15 sell ratings.

Why is Tesla stock falling so bad?

Tesla shares plunged 29% in the first quarter, the worst period for the stock since the end of 2022 and the third-steepest quarterly drop on record. Investors are concerned about auto sales as the company faces increased competition from China and disruptions in Europe.

Why is Tesla stock so cheap now?

Key Takeaways. Shares of Tesla fell as Wells Fargo said the EV maker is likely to see no sales growth in 2024. The bank cut its rating on the stock to underweight and lowered its price target to $125 from $200. Tesla's struggling to sell cars even as it lowers prices in various markets, and that's affecting its profit.

What is the price target for Tesla in 2026?

Tesla stock price stood at $171.05

According to the latest long-term forecast, Tesla price will hit $250 by the end of 2025 and then $300 by the end of 2026. Tesla will rise to $350 within the year of 2027, $400 in 2028, $500 in 2029, $600 in 2032 and $700 in 2035.

What will Tesla stock be worth in 2040?

Does Tesla pay dividends?

Plus, Tesla does not pay a dividend to shareholders. As a result, we believe income investors looking for lower volatility should consider high-quality dividend growth stocks. The Dividend Aristocrats are a group of 68 stocks in the S&P 500 Index with 25+ consecutive years of dividend growth.

Is Tesla a safe long term stock?

With its 3-star rating, we believe Tesla's stock is fairly valued compared with our long-term fair value estimate. In 2024, we forecast Tesla will see a far slower growth rate, with deliveries increasing just 10% to a little under 2 million, from a little over 1.8 million in 2023.

Is Tesla undervalued right now?

Tesla Inc (TSLA) stock is up about 10% from its recent lows last month, and TSLA still looks undervalued here based on its FCF. Its put option premiums are still high, which is good for short-put plays for income. TSLA is trading for $178.33 on Tuesday morning, April 9, up about 9.7% from its March 14 close of $162.50.

Why should I invest in Tesla?

Wood thinks the technology will "deliver $8 to $10 trillion in revenue by 2030 and is one of the most important investment opportunities of our lifetimes." This massive potential revenue has led Wood to place a price target on Tesla, of $2,000 per share.

What if I invested $1,000 in Tesla 10 years ago?

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.

Will Tesla hit $2,000 a share?

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.

How much is $10,000 in Tesla stock 10 years ago?

Ten years ago, at market close on March 28, 2014, Tesla's stock was trading at $14.16 per share. This means that $10,000 invested in Tesla in March 2014 would be worth about $124,145 today. This means that if you had invested $120,954.87 in Tesla stock in 2014, you may have been able to sell it today and retire.