Tesla Analysts Hold a $408 Consensus Target and a “Moderate Buy” — With a Wide Spread

Tesla carries an average “Moderate Buy” rating from the forty-nine brokerages covering the stock, MarketBeat reported October 28, with a consensus one-year price target of about $408.61 in one summary and $411.04 in another count of the same coverage — a reminder that consensus figures move with which brokers are counted and when. The split behind the average is what matters: 27 buys, 17 holds, 4 sells and 1 strong buy.

Recent moves show the disagreement in real time. Monness Crespi & Hardt initiated coverage with a buy on October 26, and Tigress Financial began coverage with a buy on October 22. In the other direction, Royal Bank of Canada downgraded Tesla from outperform to sector perform on October 22, and Goldman Sachs reiterated a neutral rating the same day. Roth Capital reaffirmed a buy with a $505 price objective in July.

For car buyers rather than stock buyers, the analyst split is background noise with one useful signal: the market is pricing Tesla on its robotaxi and AI story, not on its car margins alone, which is why the valuation debate swings so hard on robotaxi mileage headlines. Shares traded around $411 in premarket trading on October 28. None of this is investment advice — it is a snapshot of how divided professional opinion is on the most argued-over stock in the auto industry.