- Wells Fargo highlights potential challenges for the auto sector due to looming tariffs on copper imports.
- Tesla's stock is analyzed with varied price targets and expected market performance.
- Expert insights reveal differing opinions on Tesla's valuation and market status.
Wells Fargo's analysis brings to light significant hurdles facing the auto industry, particularly due to proposed tariffs that could include a 50% levy on copper imports. Analyst Colin Langan underscores the impact these tariffs may have on production costs, notably affecting electric vehicle manufacturers like Tesla Inc (TSLA, Financial), for whom copper is a vital component.
Wall Street Analysts Forecast
Current data from 43 analysts provides a one-year price target for Tesla Inc (TSLA, Financial), averaging at $294.81. This range spans a high estimate of $500.00 to a low of $19.05. Notably, the average targeted price presents a potential downside of 5.97% from Tesla's current stock price of $313.51. For a comprehensive view, more detailed estimate data is available on the Tesla Inc (TSLA) Forecast page.
The consensus from 53 brokerage firms rates Tesla Inc's (TSLA, Financial) average brokerage recommendation at 2.7, which translates to a "Hold" stance. This rating is part of a scale where 1 signifies a Strong Buy, and 5 indicates a Sell.
According to GuruFocus' estimates, the projected GF Value for Tesla Inc (TSLA, Financial) over the coming year is $269.28. This estimation suggests a downside of 14.11% from the current price of $313.51. The GF Value represents GuruFocus' calculated fair value for a stock, derived from historical trading multiples, past business growth, and anticipated future business performance. For further insights, additional data is hosted on the Tesla Inc (TSLA) Summary page.
