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Piper Sandler maintained an Overweight rating for Tesla (NASDAQ: TSLA) on May 2, 2023. The average one-year price target for Tesla is $190.29, indicating a potential upside of 17.59% from the latest closing price of $161.83. Price forecasts range from a low of $24.58 to a high of $315.00.
Projected annual revenue for Tesla is $118.5 billion, reflecting a 37.75% increase. There are currently 3,936 funds reporting positions in Tesla, a 1.34% increase in ownership over the last quarter. The total shares owned by institutions decreased by 3.77% to 1,527,143,000 shares.
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