What is the stock projection for Tesla in 2024? (2024)

What is the stock projection for Tesla in 2024?

With 2023 in the rearview mirror, analyst consensus now has 2024 Tesla earnings below 2023's level, signaling another year of negative growth for this growth stock. Wall Street expects Tesla earnings per share of just $3.10 a share in 2024, according to FactSet.

What is the projection for Tesla stock?

TSLA Stock 12 Months Forecast

Based on 34 Wall Street analysts offering 12 month price targets for Tesla in the last 3 months. The average price target is $220.26 with a high forecast of $345.00 and a low forecast of $23.53. The average price target represents a 9.88% change from the last price of $200.45.

What is the guidance on Tesla in 2024?

Tesla's sales could grow 20% YoY to 25% YoY in 2024, lower than the 30% or 40% levels seen in previous years. Launch of Tesla's compact sub-$25,000 car in 2025 has the potential to increase the company's delivery growth rate. Deployment of Tesla's solar panels and energy storage units expected to surge in 2024.

Will Tesla stock split in 2024?

Tesla has split its stock twice in company history. While some believe the EV-maker is due for a third split in 2024, that probably won't happen unless the share price rises significantly from where it is now.

What is Tesla stock prediction in 2025?

Tesla stock price stood at $201.88

According to the latest long-term forecast, Tesla price will hit $250 by the middle of 2025 and then $350 by the end of 2026. Tesla will rise to $400 within the year of 2027, $500 in 2028, $600 in 2030 and $700 in 2034.

What is the stock price prediction for Tesla next week?

The Tesla stock price forecast for the next 30 days is a projection based on the positive/negative trends in the past 30 days. Based on the current trend the price of TSLA stock is predicted to rise by 1.64% tomorrow and lose -5.04% in the next 7 days.

What will Tesla stock be worth in 2040?

Key takeaways:
20252040
TSLA stock forecast (5% annual growth)$204$446
TSLA stock forecast (S&P 500 historical 11.13% ROI - last 50 yrs)$216$1,169
TSLA stock forecast (QTEC historical 15.2% ROI - last 18 yrs)$224$2,155
Feb 15, 2024

How many cars will Tesla sell in 2024?

For the full year, Tesla sold 1.8 million vehicles. The gains put Tesla on track to sell more than two million cars in 2024, potentially overtaking established carmakers like Mercedes-Benz and Renault.

What is the future guidance for Tesla?

The consensus among analysts for 2024 has Tesla EPS down to $3.31 as of Thursday afternoon. Before Q4 earnings, Wall Street had Tesla 2024 earnings at $3.63 a share. The consensus view is now 12% below where it was at the end of 2023 and has come down 40% since the end of January 2023.

Will Tesla last long term?

The life expectancy of a Tesla car can vary, but many Tesla owners report their vehicles lasting well over a decade with proper maintenance. Tesla's battery and drive unit warranty usually spans 8 years or a specified mileage limit, which can offer a useful guideline.

What stocks are expected to split in 2024?

These 3 Companies Can Be the Next Stock-Split Stocks in 2024
  • Nvidia (NASDAQ: NVDA): 4-for-1 split.
  • Amazon (NASDAQ: AMZN): 20-for-1 split.
  • DexCom (NASDAQ: DXCM): 4-for-1 split.
  • Shopify (NYSE: SHOP): 10-for-1 split.
  • Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG): 20-for-1 split.
  • Tesla (NASDAQ: TSLA): 3-for-1 split.
Dec 29, 2023

What 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.

Which stock is splitting soon?

Dividends
CompanyOld FVSplit Date
OK Play India Ltd1011-03-2024
Manorama Industries Ltd1007-03-2024
Capri Global Capital Ltd205-03-2024
Tiger Logistics (India) Ltd1004-03-2024
24 more rows

Is Tesla stock expected to rise?

Stock Price Forecast

The 30 analysts with 12-month price forecasts for Tesla stock have an average target of 223.47, with a low estimate of 85 and a high estimate of 380. The average target predicts an increase of 10.28% from the current stock price of 202.64.

What are the best stocks to invest in 2024?

2024's 10 Best-Performing Stocks
Stock2024 performance through Feb. 29
Super Micro Computer Inc. (SMCI)204.7%
Vera Therapeutics Inc. (VERA)206.1%
SoundHound AI Inc. (SOUN)250%
Viking Therapeutics Inc. (VKTX)314%
6 more rows

Is Tesla stock going to keep growing?

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.

What is the 12 month forecast for Tesla stock?

0R0X Stock 12 Months Forecast

Based on 36 Wall Street analysts offering 12 month price targets for Tesla in the last 3 months. The average price target is $214.44 with a high forecast of $345.00 and a low forecast of $23.53. The average price target represents a 4.35% change from the last price of $205.50.

Is Tesla a buy sell or hold?

Tesla stock has received a consensus rating of buy. The average rating score is and is based on 48 buy ratings, 34 hold ratings, and 11 sell ratings. What was the 52-week low for Tesla stock? The low in the last 52 weeks of Tesla stock was 152.37.

What will Apple stock be worth in 2030?

If Apple meets analysts' expectations and grows its EPS at a modest compound annual rate of 8% from fiscal 2026 to fiscal 2030, its EPS could reach $10.50. If its valuation remained at 28 times forward earnings at that point, its stock would be trading at $294, giving it a market cap of $4.5 trillion.

What will AMZN stock be worth in 2030?

Amazon Stock Prediction 2030

In 2030, the Amazon stock will reach $ 802.17 if it maintains its current 10-year average growth rate. If this Amazon stock prediction for 2030 materializes, AMZN stock willgrow 349.17% from its current price.

What will Amazon be worth in 2040?

Amazon price prediction key takeaways:

The historical average return for Amazon since 2013 is approximately 26%, but projecting this growth forward would result in an unrealistic stock price of $8,363 and a market cap exceeding $93 trillion by 2040.

What will Apple stock be worth in 2040?

Key highlights: Apple, the world's largest company with a $2.81 trillion market cap, has grown at over 25% CAGR in the past decade. Based on the S&P 500's historical 11.1% ROI, Apple's stock could reach $1,093 by 2040 and $3,140 by 2050.

Will Tesla drop prices 2024?

Wall Street Is Worried. Tesla (TSLA) is continuing its strategy of offering vehicle discounts and slashing prices early in 2024 as the EV giant attempts to shore up demand.

Is Tesla profitable 2024?

The drop this year is steep, but the size of it makes a lot of sense. The current consensus call for Tesla's 2024 earnings per share is about $3.08, according to FactSet. The estimate started the year at about $3.84. Estimates have come down about 20%.

Is Tesla worried about sales growth slowing in 2024?

The company, renowned for its innovation and rapid growth in the EV market, has announced an expected downturn in its sales growth for 2024. This anticipated slowdown is not an isolated case but a part of a broader trend affecting the EV sector globally.

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