Analysts set Tesla stock price target

Tesla (NASDAQ: TSLA) is heading toward a surprisingly strong end to 2025, as Wall Street analysts lift price targets as high as $551, driven largely by optimism around Robotaxi and autonomous driving.

Notably, Canaccord raised its Tesla price target from $482 to $551 on December 22, reiterating a “Buy” rating. 

While the new figure is among the most bullish ones, the investment bank still cut its fourth-quarter delivery estimates due to lower near-term demand.

Nonetheless, analyst George Gianarikas noted that the carmaker’s long-term setup remains positive, with scaling integration progress and advancements in the Robotaxi service.

“EV penetration in emerging markets is accelerating, reinforcing Tesla’s…

Source link