Alex Belov
Developers by oneinveststock.com. Analyst, investor
Tesla Stock Predictions Post-Split: Analysts Update Price Targets
Analyst firms Deutsche Bank, Jefferies, Morgan Stanley and Berenberg have adjusted their price targets for Tesla (TSLA) stock following a 3-for-1 split. Recall that Tesla shares were split last week to attract even more investors. After the split, Tesla (TSLA) shares began to cost 3 times cheaper. According to adjusted forecasts, Tesla (TSLA) shares have a possible upside potential of about 23%. Tesla shares closed trading at $284.82 as of August 29, 2022. Analysts’ average target price was around $350. On August 29, 2022, analysts from Deutsche Bank were the last to correct the forecast for Tesla (TSLA) shares with a target price of $375 dollars (possible upside potential of 31.66%).
Analyst predictions for Tesla (TSLA) stock for the next 12 months (by August 2023)
Price on August 29, 2022
$284.82
Forecasts by August 2023
The data of all stock analysts are taken into account
$350.00 (+22.88%)
Analyst Firms Update Price Targets for Tesla Stock (TSLA) After 3-for-1 Split
DATE: 08/29/2022
Analyst "Deutsche Bank"
4.5/5
Consensus Rating = Buy
Price Target Change for the next 12 months = $1125 → $375
Percent upside potential for stocks
31.66%
DATE: 08/26/2022
Analyst "Jefferies"
4.5/5
Consensus Rating = Buy
Price Target Change for the next 12 months = $1050 → $350
Percent upside potential for stocks
22.88%
DATE: 08/26/2022
Analyst "Morgan Stanley"
4.5/5
Consensus Rating = Overweight
Price Target Change for the next 12 months = $383.33 → $383
Percent upside potential for stocks
34.47%
DATE: 08/25/2022
Analyst "Wedbush"
4.5/5
Consensus Rating = Outperform
Price Target Change for the next 12 months = $1000 → $360
Percent upside potential for stocks
26.4%
DATE: 08/25/2022
Analyst "Berenberg"
4.5/5
Consensus Rating = Outperform
Price Target Change for the next 12 months = $850 → $290
Percent upside potential for stocks
1.82%
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