Analysts set Tesla stock price target
3 minute readPublished: Wednesday, December 24, 2025 at 1:48 pm
Tesla Price Targets Surge Amidst Robotaxi Optimism
Wall Street analysts are increasingly bullish on Tesla, with several firms raising their price targets for the electric vehicle manufacturer. This optimism is largely fueled by expectations surrounding Tesla's Robotaxi initiative and advancements in autonomous driving technology.
Canaccord Genuity recently increased its Tesla price target from $482 to $551, maintaining a Buy rating. While acknowledging a potential dip in fourth-quarter delivery estimates due to weaker near-term demand, Canaccord's analyst, George Gianarikas, highlighted the company's positive long-term prospects, citing progress in scaling integration and the Robotaxi service.
Other firms have also adjusted their forecasts. RBC assigned a Buy rating with a $500 price target, and TD Cowen, Piper Sandler, and Wedbush have also set similar targets. Deutsche Bank raised its target from $470 to $500, also reiterating a Buy rating, with analyst Edison Yu pointing to positive Robotaxi developments. Truist also raised its price target, though it maintained a Hold rating.
Analysts are focusing on several key factors driving this positive sentiment. The accelerating adoption of electric vehicles in emerging markets is seen as a significant growth opportunity for Tesla. Furthermore, progress in Full Self-Driving (FSD) technology and the anticipated expansion of the Robotaxi fleet in 2026 are considered crucial elements of Tesla's future.
Despite the recent bullishness, a collective assessment of 32 Wall Street analysts over the last 90 days indicates a Hold rating. The average 12-month price target is $385.34, suggesting a potential downside from current levels. However, individual predictions vary widely, with Wedbush holding the most optimistic view at $600, while GLJ Research has the most pessimistic at $19.05.
BNN's Perspective:
The mixed signals from analysts highlight the inherent volatility and uncertainty surrounding Tesla's future. While the potential of Robotaxi and autonomous driving is undeniable, the company faces challenges in scaling production and navigating the regulatory landscape. Investors should carefully consider these factors and the varying analyst opinions before making any investment decisions.
Keywords: Tesla, TSLA, Robotaxi, autonomous driving, stock price target, Canaccord, RBC, Deutsche Bank, electric vehicles, FSD, Wall Street, analysts, investment, EV, AI