
Tesla (TSLA) Stock Forecast & Price Target
Tesla (TSLA) Analyst Ratings
Bulls say
Tesla reported a significant increase in Service & Other revenue, reaching $3.37 billion, which reflects an 18% year-over-year growth aligned with market expectations, driven in part by the addition of over 3,800 net new Supercharging stalls. The company's auto gross margins, excluding credits, hit 17.9%, well above analyst estimates, indicating robust margin quality improvements despite a challenging demand environment, showcasing Tesla's effective cost management and pricing power. Furthermore, with 1.1 million active Full Self-Driving (FSD) subscriptions marked by a 38% annual increase, and the anticipation of rapid deployment of Robotaxis in new urban markets, Tesla is poised to capitalize on significant growth opportunities within the autonomous driving sector.
Bears say
Tesla's operating income of $1.41 billion fell short of both the prior period and the year-ago figures, marking the sixth consecutive year-over-year decline in eight quarters, driven by increased operating expenses. Additionally, total automotive revenue declined by 10% year-over-year to $17.69 billion, and despite a slight beat in earnings per share, the company's operating margin of 5.7% was slightly below previous levels, alongside concerns over future margin stability amid increasing production costs. Furthermore, total revenue decreased by 3% year-over-year and missed delivery estimates, with challenges from macroeconomic factors and competition likely to further pressure margins and automotive unit performance going forward.
This aggregate rating is based on analysts' research of Tesla and is not a guaranteed prediction by Public.com or investment advice.
Tesla (TSLA) Analyst Forecast & Price Prediction
Start investing in Tesla (TSLA)
Order type
Buy in
Order amount
Est. shares
0 shares