Tesla Analyst Turns Bearish, Sets $150 Price Target
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 23 2026
0mins
Should l Buy TSLA?
Source: Yahoo Finance
- Sell Recommendation Issued: Analyst Trip Chowdhry has issued a sell recommendation for Tesla, setting a price target of $150 for 2026, warning that the electric vehicle maker's AI narrative has collapsed, reflecting strong pessimism about the company's future prospects.
- Stock Price Decline: Tesla shares closed at $367.96 on Friday, marking an 18% decline year-to-date, a trend that may exacerbate investor concerns, especially against the backdrop of increasing skepticism about the company's valuation.
- Delivery Estimates Cut: UBS analyst Joseph Spak has lowered Q1 2026 delivery estimates to 345,000 vehicles, an 18% drop from Q4 2025's 421,000, indicating a weakening market confidence in Tesla's future demand.
- Growing Analyst Disagreement: The gap between bearish analysts like Chowdhry at $150 and bullish ones like Wedbush at $600 highlights unprecedented disagreement, with Tesla's ability to demonstrate measurable AI revenue and autonomous vehicle progress being critical to determining its stock price direction.
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Analyst Views on TSLA
Wall Street analysts forecast TSLA stock price to rise
30 Analyst Rating
12 Buy
11 Hold
7 Sell
Hold
Current: 400.620
Low
25.28
Averages
401.93
High
600.00
Current: 400.620
Low
25.28
Averages
401.93
High
600.00
About TSLA
Tesla, Inc. designs, develops, manufactures, sells and leases high-performance fully electric vehicles and energy generation and storage systems, and offers services related to its products. Its segments include automotive, and energy generation and storage. The automotive segment includes the design, development, manufacturing, sales and leasing of high-performance fully electric vehicles, and sales of automotive regulatory credits. It also includes sales of used vehicles, non-warranty maintenance services and collisions, part sales, paid supercharging, insurance services revenue and retail merchandise sales. The energy generation and storage segment include the design, manufacture, installation, sales and leasing of solar energy generation and energy storage products and related services and sales of solar energy systems incentives. Its consumer vehicles include the Model 3, Y, S, X and Cybertruck. Its lithium-ion battery energy storage products include Powerwall and Megapack.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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See More
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- Earnings Forecast Downgrade: Jefferies projects Tesla's Q1 revenue at approximately $21.2 billion, with a core automotive gross margin near 15.5% and an operating margin below 3%, reflecting increasing capital expenditures and widening delivery gaps.
- Brand Image Damage: Gerber emphasized that Tesla's brand perception is suffering, as consumer disdain could hinder its competitiveness in the autonomous mobility services market, especially against platforms like Alphabet, Uber, and Lyft.
- Full Self-Driving Tech Controversy: Gerber reiterated concerns over Tesla's Full Self-Driving (FSD) promises, noting that many customers paid for features that have not been delivered, potentially leading to lawsuits and decreased customer trust.
See More
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- Strategic Partnership Enhancement: The collaboration between SpaceX's Starlink unit and Google Cloud will deepen Alphabet's market position, as Starlink provides internet services to numerous regions worldwide, thereby increasing the usage of Google Cloud applications and driving overall business growth for Alphabet.
- Multiple Revenue Potential: The capital raised from the SpaceX IPO will support Starlink's expansion, increasing global internet users and subsequently boosting the user base for Google Search and YouTube, while also solidifying Alphabet's leadership in cloud computing and AI sectors.
See More
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- Price Volatility Analysis: In 2026, Bitcoin's price fell from over $87,000 to around $74,000, reflecting market concerns over inflation, geopolitical tensions, and large holder sell-offs, although long-term investors are accustomed to such fluctuations.
- Investor Confidence: Notable venture capitalist Tim Draper predicts Bitcoin will surge approximately 236% over the next 18 months, citing inflationary pressures and a weakening dollar, viewing Bitcoin as an alternative currency, though the accuracy of this forecast remains to be seen.
- Historical Investment Review: Draper purchased over 29,600 Bitcoins for $18.7 million in 2014, averaging $632 each, demonstrating his long-term bullish stance on Bitcoin and blockchain technology, having accurately predicted price increases in the past.
- Future of Blockchain: Draper emphasizes the potential of blockchain technology to enhance economic processes by reducing the need for intermediaries, and while Bitcoin faces competition from technically superior blockchains, its finite supply of 21 million coins still provides unique investment value.
See More
