Tesla (NASDAQ: TSLA) is heading toward a surprisingly strong end to 2025, as Wall Street analysts lift price targets as high as $551, driven largely by optimism around Robotaxi and autonomous driving.
Notably, Canaccord raised its Tesla price target from $482 to $551 on December 22, reiterating a “Buy” rating.
While the new figure is among the most bullish ones, the investment bank still cut its fourth-quarter delivery estimates due to lower near-term demand.
Nonetheless, analyst George Gianarikas noted that the carmaker’s long-term setup remains positive, with scaling integration progress and advancements in the Robotaxi service.
“EV penetration in emerging markets is accelerating, reinforcing Tesla’s potential multi‑year growth runway beyond the US. Global progress in FSD and the anticipated rollout of a larger Robotaxi fleet in 2026 are increasingly important components of the Tesla equity story and could provide sentiment tailwinds,” the analyst wrote.
Wall Street updates Tesla price targets
In the hours leading to Canaccord’s forecast, Tesla received a “Buy” rating from RBC, with a $500 Tesla share price target also assigned by TD Cowen, Piper Sandler, and Wedbush in recent weeks.
On December 19, Deutsche Bank also raised its Tesla price target from $470 to $500 while reiterating a “Buy” rating. Like Gianarikas, analyst Edison Yu expects fourth-quarter vehicle deliveries to come below expectations but argues for positive Robotaxi developments.
Truist raised its TSLA stock price target on December 19, too, albeit while maintaining a “Hold” rating. Analyst WilliamStein believes artificial intelligence (AI) capital spending is going to remain a key tailwind through 2026, now that it has put an emphasis on autonomous driving.
With the latest revisions included, 32 Wall Street analysts have now collectively assigned Tesla a “Hold” rating over the last 90 days. Their average 12-month TSLA share price target sits at $385.34, which implies a 20.64% downside from current levels of around $485.
The most bullish prediction remains that of Wedbush, which thinks the stock can hit $600 next year, while the most bearish one, by GLJ Research, sits at just $19.05.
Featured image via Shutterstock
