Wall Street analysts set Tesla's stock price for next 12 months

Core Viewpoint - Tesla's stock has shown resilience despite disappointing Q1 2025 earnings, with expectations for the stock to maintain its current price over the next 12 months [1]. Financial Performance - In Q1 2025, Tesla reported adjusted earnings of $0.27 per share, missing the expected $0.39, and revenue of $19.34 billion, a 9% decrease from $21.3 billion in the same quarter last year, and below forecasts of $21.11 billion [1]. - Automotive revenue fell 20% to $14 billion, with a 13% decline in vehicle deliveries to 336,681 units [2]. Stock Market Reaction - Following the earnings report, Tesla's stock rose nearly 10% to $284.95, although it remains down almost 25% in 2025 [3]. Analyst Ratings and Price Targets - Out of 40 analysts, 17 suggested buying Tesla shares, 11 recommended holding, and 12 advised selling, with an average 12-month price target of $284.74, a slight decrease from its recent trading price [5]. - Analysts project a wide range for Tesla's stock price, with a high target of $465 and a low estimate of $115, indicating uncertainty around the company's future [6]. Specific Analyst Insights - HSBC reiterated its "Reduce" rating on Tesla, lowering its price target to $120 from $125 due to weak Q1 gross profit and increased competition [9]. - Stifel maintained a 'Buy' rating but trimmed its price target to $450 from $455, citing catalysts such as new lower-cost models and Musk's reduced involvement with the Trump administration [10]. - Cantor Fitzgerald maintained its 'Overweight' rating but lowered its price target to $355 from $425, highlighting growth drivers like the Robotaxi launch and lower-cost EVs [11]. - Dan Ives of Wedbush kept his 'Outperform' rating and raised his price target to $350 from $315, viewing Musk's renewed focus as a positive sign for future growth [12].