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

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

UPDATE: Tesla (TSLA) PT Raised to $1,000 at Deutsche Bank

(Updated - October 21, 2021 7:08 AM EDT)

Deutsche Bank analyst Emmanuel Rosner raised the price target on Tesla (NASDAQ: TSLA) to $1,000.00 (from $900.00) while maintaining a Buy rating.

The analyst commented, "Tesla reported particularly strong 3Q21 operating performance, delivering its highest auto gross... More

Tesla (TSLA) PT Raised to $860 at Wells Fargo

Wells Fargo analyst Colin M. Langan raised the price target on Tesla (NASDAQ: TSLA) to $860.00 (from $660.00) while maintaining a Equal Weight rating.... More

Tesla (TSLA) PT Raised to $1,000 at BofA Securities After Margins Impress

BofA Securities analyst John Murphy raised the price target on Tesla (NASDAQ: TSLA) to $1,000.00 (from $900.00) after the company reported 3Q:21 non-GAAP EPS of $1.86, above expectations for $1.60. This comes after a better than expected deliveries report, where the company reported a reacceleration in deliveries. The... More

UPDATE: Tesla (TSLA) PT Raised to $1,100 at Wedbush; Bull Case to $1,500

(Updated - October 21, 2021 6:20 AM EDT)

Wedbush analyst Daniel Ives raised the price target on Tesla (NASDAQ: TSLA) to $1,100.00 (from $1,000.00) while maintaining an Outperform rating. The analyst raised his bull case to $1,500 from $1,300.

The analyst commented, "Last night Tesla delivered solid top-line results which were in-line with expectations, while margins blew away Street expectations and speaks to a... More

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'

Shares of Tesla (NASDAQ: TSLA) are down about 1% in pre-open Thursday despite the EV giant posting better-than-expected Q3 results.

Elon Musk and Co reported Q3 EPS of $1.86 to beat the analyst estimate of $1.58. Revenue for the quarter came in at $13.76 billion versus the consensus estimate of $13.62 billion.

Record results were fueled by even stronger gross margins - 30.5% on the auto business and 26.6% overall.

The third quarter of 2021 was a record quarter in many respects. We achieved our best-ever net income, operating profit and gross profit. Additionally, we reached an operating margin of 14.6%,... 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 (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.