Tesla (TSLA) stock has fallen 5.1% over the past week and 11.5% over the past month, though it remains up 51.2% over the last 12 months. Wall Street’s analysts are neutral, with a Hold consensus and a 12‑month average price target of $393.97 versus the last close at $352.82.
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New trading tool for TSLA bearsAnalysts see limited upside from here, implying moderate growth rather than a runaway rally. Despite the Hold consensus, there is sharp disagreement under the surface, with some warning of major downside while others maintain higher targets, reflecting uncertainty around deliveries, profits, and cash flow.
Ryan Brinkman of J.P. Morgan reiterated a Sell rating on TSLA on April 6, 2026, with a $145 price target that implies roughly 60% downside from current levels. He argues that 1Q26 deliveries of 358K vehicles came in below expectations, while a record surge in unsold vehicles and weaker energy storage demand are weighing on free cash flow.
Brinkman notes that energy storage installations fell 15% year over year to 8.8 GWh, sharply missing company-compiled consensus and his own estimates. He cut his EPS forecasts for 2026 and 2027 and believes the current valuation prices in very strong long-term earnings despite consensus estimates collapsing across revenue, EBIT, EPS, and free cash flow since 2022.
This N-star analyst ranks 10493 out of 12068, with a 49.80% success rate and an average return of -1.60% per rating. Never miss a stock rating. Find all the latest ratings on TipRanks’ Top Wall Street Analysts page.