24/7 Wall St. rates TSLA a BUY at a $403 target implying 23% upside, even as more analysts hold than buy the stock. Ford's EV segment loses $4 billion annually and RIVN remains unprofitable, making Tesla's 169x forward P/E look reasonable given actual profitability. Elon Musk says Tesla robotaxi unsupervised miles grow over 10% weekly across seven US metros, anchoring the bull case to $474.
It sounds nuts, but SoFi1 is giving new Active Invest users up to $3,000 in stock for a limited time, and all it takes is a $50 deposit to get started.2 See for yourself (Sponsor) Tesla (NASDAQ:TSLA) presents one of the market's clearest disconnects right now. More analysts rate the stock a hold than a buy, yet the consensus price target keeps drifting higher. Our 24/7 Wall St. price target for Tesla is $402.67, implying 22.95% upside from the current $327.51 price.
That translates to a buy rating with a confidence level of 90%. The model leans positive despite an analyst community that skews neutral. Tesla is down 27.17% year to date and 17.04% over the past month, though shares have edged up 1.85% in the last week.
The stock trades well below its 52-week high of $498.83 and near the low of $297.38. Q2 2026 explains most of the decline. Tesla posted revenue of $28.24 billion, up 25.52% year over year and beating consensus by 7.10%.
Non-GAAP EPS of $0.33 missed the $0.5367 estimate by 38.51% as operating expenses jumped 47% on AI infrastructure, R&D, and the CEO Performance Award. Deliveries hit a record 480,126 vehicles and FSD subscriptions reached 1.48 million, but free cash flow swung to negative $1.09 billion. Shares fell 14.52% on the report.
SoFi Active Invest is offering a limited-time promotion. Open an account, fund it with $50 or more, and you could receive up to $3,000 in complimentary stock for Active Invest accounts. See for yourself by clicking here now.
Extract — continue reading at the source.