Quick Read – Tesla (TSLA) reported Q1 FY26 EPS of $0.41, beating estimates by 14.14%, with automotive gross margin expanding to 21.1% from 16.2% and free cash flow surging 117.47% to $1.44B, while FSD subscriptions hit 1.28 million (+51% YoY). – Tesla’s operational momentum is…
rongest in over a year, but at $445 the stock trades at overbought levels (RSI 74.06) with a 5.6% downside to the $420 price target, leaving little margin for execution slips on Optimus production, Robotaxi monetization, or FSD regulatory approval. – The analyst who called NVIDIA in 2010 just named his top 10 stocks and Tesla wasn’t one of them. Get them here FREE
Tesla (NASDAQ:TSLA) closed Monday at $445, capping a 13.37% weekly surge that pushed the stock back into overbought territory. Our 24/7 Wall St. price target for Tesla is $420 over the next 12 months, implying modest downside of roughly 5.6% from current levels. Our recommendation is hold with medium confidence (62%).
The operational story is the strongest it has been in over a year. 24/7 Wall St. Price Target Summary Why We Could Be Wrong Our $420 target sits below current levels, a gap small enough to be erased by a single catalyst. Real upside could come from faster than expected Optimus production at Fremont, where lines are being installed with 1 million robots/year capacity, or from FSD regulatory approval in China.