24/7 Wall St. sets a 12-month price target of $407.74 for Tesla, 1.98% above its $399.81 model reference price, and keeps a hold rating. The article says the stock trades near its highest valuation in years while earnings face heavy pressure, and Monday’s intraday high of $409.23 put shares slightly above the target. Third-quarter revenue was $28.05B and non-GAAP EPS of $0.48 beat estimates, but operating income fell 55.79% and free cash flow dropped 61.63%. The bull scenario reaches $468.61 (up 17.21%), while the bear scenario points to $365.71, with capex guidance of about $20 billion this year as the main pressure point. The article says EU-wide FSD approval and Robotaxi revenue becoming significant in 2027 could make the target look too conservative.
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TSLAvaluationelectric vehiclesself-driving cars
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Related tickers and likely impact
TSLA
• NeutralTesla, Inc.
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Automobile Manufacturers |
| Market cap | $1.6T |
| Close on 11/04/2026 | 385.30 |
| Change that session | -3.31% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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