Tesla (TSLA) Beats EPS and Revenue Views on Improving Gross Margins, Analysts Praise Very Solid Quarter But Warn of 'Aggressive Valuation' as Stock 'Priced to Perfection'

Tesla (TSLA): New Price Target of $1,200 Implies HALF the Company's Growth Target - Morgan Stanley

Morgan Stanley Adam Jonas reiterated an Overweight rating on Tesla (NASDAQ: TSLA) and raised the price target to $1,200.00 per share from the prior $900.00.

A new price target implies roughly ½ the companys growth target, a constrained China and virtually no autonomy, Jonas wrote in a client note.

The next 12 months can demonstrate Teslas manufacturing leadership, a step change in costs/complexity and higher growth in the vehicle user base, the analyst added.

The price target change comes after Tesla reported better-than-expected 3Q earnings and even stronger... More

Tesla (TSLA) PT Raised to $625 at Cowen

Cowen analyst Jeffrey Osborne raised the price target on Tesla (NASDAQ: TSLA) to $625.00 (from $580.00) while maintaining a Market Perform rating.

The analyst commented, "Tesla delivered EPS upside as record margins reflected increased volumes and improved mix from Model Y strength.... More

Tesla (TSLA) PT Raised to $1,040 at Canaccord Genuity

Canaccord Genuity analyst Jed Dorsheimer raised the price target on Tesla (NASDAQ: TSLA) to $1,040.00 (from $940.00) while maintaining a Buy rating.

The analyst commented, "Post Teslas 3Q21, we are maintaining our BUY rating and increasing our PT to $1,040, which is based... More

Tesla (TSLA) PT Raised to $830 at Credit Suisse

Credit Suisse analyst Dan Levy raised the price target on Tesla (NASDAQ: TSLA) to $830.00 (from $800.00) while maintaining a Neutral rating.... More

Tesla's (TSLA) Giga Berlin Hits Another Stumbling Block, November Start Now Very Unlikely

Teslas (NASDAQ: TSLA) hopes of starting EV production at its new plant in Berlin, Germany, hit a new stumble block today after the regional environment ministry said it has to repeat the citizen consultation process.

A new consultation process will start on November 02 and last for 20 days. It will be open to those citizens who objected to the Giga Berlin factory... More

RBC Capital Explains Why Tesla (TSLA) Margins are So Impressive, PT Raised to $800

RBC Capital analyst Joseph Spak raised the price target on Tesla (NASDAQ: TSLA) to $800.00 (from $755.00) after 3Q21 showed potential power of TSLA business model after Auto GM came in at 30.5%, especially strong, considering a -6% y/y ASP decline due to mix.

The... More

Tesla (TSLA) PT Raised to $950 at Mizuho Securities

Mizuho Securities analyst Vijay Rakesh raised the price target on Tesla (NASDAQ: TSLA) to $950.00 (from $825.00) while maintaining a Buy rating.... More

Tesla (TSLA) Tops Q3 EPS by 28c

Tesla (NASDAQ: TSLA) reported Q3 EPS of $1.86, $0.28 better than the analyst estimate of $1.58. Revenue for the quarter came in at $13.76 billion versus the consensus estimate of $13.62 billion.

For earnings history and earnings-related data on Tesla (TSLA) click here.