Tesla To Report Earnings After Closing Bell, Here's A Look At Recent Price Target Changes By The Most Accurate Analysts

Tesla, Inc. TSLA is scheduled to release quarterly results after the closing bell on Jan. 25, 2023.

Wall Street expects the EV maker to post quarterly earnings at $1.13 per share on revenue of $24.03 billion after the closing bell.

The company said it would invest over $3.6 billion to grow its Nevada manufacturing complex with two new factories, reported Reuters.

Tesla shares rose 0.1% to close at $143.89 on Tuesday, and lost 2% in after-hours trading.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• Truist Securities analyst William Stein maintained a Buy rating on Jan. 23, 2023, and slashed the price target from $299 to $245. This analyst sees around 70% upside in the company’s stock and has an accuracy rate of 72%.
• Piper Sandler analyst Alexander Potter maintained an Overweight rating on Jan. 19, 2023, and cut the price target from $340 to $300. This analyst sees around 108% upside in the company’s stock and has an accuracy rate of 73%.
• B of A Securities analyst John Murphy maintained a Neutral rating on Jan. 17, 2023, and lowered the price target from $135 to $130. This analyst sees around 10% downside in the company’s stock and has an accuracy rate of 51%.
• Jefferies analyst Philippe Houchios maintained a Buy rating on Jan. 17, 2023, and reduced the price target from $350 to $180. This analyst sees around 25% upside in the company’s stock and has an accuracy rate of 77%.
• Wells Fargo analyst Collin Langan maintained an Equal-Weight rating on Jan. 13, 2023, and raised the price target from $230 to $130. This analyst sees around 10% downside in the company’s stock and has an accuracy rate of 37%.

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