Wedbush Sets Tesla Price Target at $600
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 day ago
0mins
Should l Buy TSLA?
Wedbush notes Tesla announced its Q1 delivery numbers that came in slightly below the company's consensus delivery estimate. The firm says Europe remains a significant headwind, with Tesla still navigating a difficult regulatory environment for FSD approval and regional sales unlikely to rebound until regulators give the green light, something Wedbush believes will happen in the first half of 2026. China, by contrast, was a bright spot, with deliveries in the first two months of 2026 up 35% year-over-year. While the delivery numbers were quite underwhelming, this was not a shock to the firm given the current EV backdrop across geographies as the company shifts gears to focus more on its AI strategy. Wedbush has an Outperform rating on the shares with a price target of $600.
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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: 381.260
Low
25.28
Averages
401.93
High
600.00
Current: 381.260
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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