Quick Answer: What Is Tesla Target Price?

Based on 33 analysts offering 12 month price targets for Apple in the last 3 months.

The average price target is $319.86 with a high forecast of $370.00 and a low forecast of $243.00.

The average price target represents a 3.14% increase from the last price of $310.13.

Is Tesla overvalued?

Tesla is overvalued at $92.55 billion and has an extreme premium. Its earnings to valuation ratio is almost 10 times bigger than traditional carmakers. TSLA continues to be the most shorted automaker stock, and that’s a positive for the company.

Is Tesla a good buy?

Tesla stock has only been that cheap a few times in the past. It happened in 2011, at the beginning of 2016, and again in 2019. The stock was up about 20% a year after looking cheap in 2011. Buying in May 2019 was a good idea too: Tesla shares are up about 130% from their 52-week low.

Is Tesla a buy or sell?

Style Scorecard

Zacks RankDefinitionAnnualized Return
1Strong Buy24.13%

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What is the target price for Apple stock?

The high price target for AAPL is $370.00 and the low price target for AAPL is $155.00. There are currently 4 sell ratings, 10 hold ratings and 29 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Is Tesla overvalued 2020?

Our current price estimate values the company at about 60x its projected 2020 earnings. That said, we continue to believe that Tesla is overvalued. The current market price of about $450 implies that the stock trades at over 75x projected 2020 EPS. The company is also scaling back on its operating expenses.

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