Tesla today
As of 01/03/2025 17:45 Eastern
- 52 week range
- $138.80
▼
$488.54
- P/E ratio
- 112.45
- Target price
- $283.39
Tesla Inc. NASDAQ:TSLA shares are finishing a phenomenal year with gains as much as 250% thanks to decent performance and favorable macroeconomic environment. For example, most of the rally this year was fueled thanks to strong investor sentiment following geopolitical events, including the close relationship between CEO Elon Musk and President-elect Trump.
Heading into the first week of 2025, investors are keeping an eye on the Austin headquarters. electric vehicle company closely. Tesla shares cooled down a bit along with broader market consolidation over the last two weeks, but all signs point to it being poised for another leg of growth as we enter 2025. Let’s get started and take a closer look.
Tesla’s strong fundamentals in 2024 lay the foundation for 2025
To begin with, Tesla’s strong fundamentals in 2024 should set the stage for further growth in 2025. The past year saw record-high earnings and the company’s continued track record of profitable quarters. The company exceeded expectations with its latest profit report for Octoberwhich Also showed an increase in profits as production and supply volumes increased.
This strong operating performance underscores Tesla’s ability to address supply chain challenges while maintaining its growth trajectory. Investors should expect the stock to continue this upward trend. next earnings report is scheduled for the end of January.
Analysts believe Tesla will be strong in 2025
Tesla stock forecast today
$283.39
-30.95% MinusHold
Based on ratings from 40 analysts
| High forecast | $515.00 |
|---|---|
| Average forecast | $283.39 |
| Low forecast | $24.86 |
Tesla stock forecast details
Confirming the bulls’ case for a strong 2025There’s the fact that some analysts have recently expressed optimism about Tesla’s prospects. Note to clients team over Robert W. Baird reiterated its Buy rating on Tesla shares just before Christmas, echoing an upgrade to Mizuho earlier in the week from Neutral to Outperform.
These updates come as stocks consolidate. after hitting all-time highs, offering a strong entry point for those looking to get into the game. target price US$515 especially noteworthy as this indicates to a target upside of nearly 25% from the stock’s closing level Monday night.
Potential problems
Of course, not a single action is complete without his risks, and Tesla is no exception. While many analysts are optimistic, there is a notable divergence of opinion. For example, Goldman Sachs this month reiterated its neutral rating, as did Cantor Fitzgerald. Guggenheim took it further, assigning a Sell rating, citing valuation concerns after such strong growth this year.
Clearly, There are different points of view. While bulls’ case for continued growth is compelling, there may be some reason to be cautious about Tesla’s valuation ahead of the company’s next earnings report. Participating investors must have a robust risk management plan, as Tesla has a history of offering more volatility than most $1 trillion companies.
A break above $440 could confirm Tesla’s rally
Tesla, Inc. price chart (TSLA) on Sunday, January 5, 2025
However, overall there is far more to like than not to like about stocks right now. For example, Tesla’s technical capabilities are another good reason for optimism. The stock’s Relative Strength Index (RSI) is currently at 55, which is a bullish signal indicating that there is plenty of room for growth before it reaches overbought levels. For those unfamiliar, RSI is a technical indicator that measures the movement of stock prices. Readings above 70 usually signal overbought conditions and reading below 30, indicating oversold territory.
Investors should expect Further gains are expected into early 2025 as this technical supports the broader bullish argument. Watch for the stock to hold at the $420 level it tested last week, with a close below that level likely to precipitate another round of selling. However, on the other hand, a close above $440 will support growth. everything except confirm that the rally has resumed and investors should be excited.
Before you consider a Tesla, you might want to hear this.
MarketBeat tracks Wall Street’s top-rated and best-performing analysts daily and the stocks they recommend to their clients. MarketBeat identified five stocks that top analysts are quietly telling their clients to buy now, before the broader market takes hold… and Tesla wasn’t on the list.
While Tesla currently has a Hold rating among analysts, the top-rated analysts think these five stocks are Strong Buys.
View five stocks here
As the AI market heats up, investors who have a vision for AI have the potential to see real profits. Learn about the industry as a whole, as well as seven companies powered by AI.
Get this free report