Jefferies Tesla · TSLA

Jefferies Reiterates Hold on Tesla, $300 Price Target

January 29, 2025 Analyst: Philippe Houchois 1 min read Reproduced verbatim
Rating
Hold
Unchanged
Target
$300
Outcome
Reached
on February 26, 2025
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What the analyst said

Jefferies analyst Philippe Houchois reiterated a Hold rating and $300 price target on Tesla (NASDAQ: TSLA).

“Significant P&L miss with Auto margin weakness on falling ASP (-6% vs Q3) but strong FCF beat, both consistent with TSLA’s lesser priority on the core auto hardware business.

Remarkable continued reduction in unit COGS (<$35k).

Nothing new in the outlook, but FCF beat and re-iteration of new affordable model (H1:25), FSD and cybercab roll-out (2026) sufficient to de-stress a downbeat soft 2025 guide ahead of ‘epic’ 2026 and ‘ridiculously good’ 2027-28.”

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This research note is reproduced verbatim from the issuing firm. Price Target never edits, paraphrases or alters analysts’ words — we only republish them in one place.

Where the price stands

TSLA trades at $355. The 19 analysts who set a target in the last 3 months range from $24.86 to $500, with a median of $450. This $300 target is 33% below the median.

Since the note TSLA has moved −11% (from $398). The 12-month window closed on January 29, 2026.

Track record

This call✓ Target reached on February 26, 2025, 28 days after the note.

Firm track recordJefferies: 88% of its 8 targets at least a year old were reached within 12 months (#9 of 28 firms). Accuracy ranking →

Jefferies on Tesla

Jefferies price targets on Tesla

3 calls from January 29, 2026 to July 13, 2026. The target went from $300 to $400 (+33%). The rating stayed Hold.

Jefferies targetTSLA share price
  1. July 13, 2026Target raised from $350 (+14%)Hold$400
  2. April 20, 2026Target raised from $300 (+17%)Hold$350
  3. January 29, 2026Earliest call shownHold$300
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Other analysts on Tesla

JP MorganHold Kept rating and price target · Oct 16 $415maintained Yorkville IvesBuy Kept rating and price target · Oct 12 $500maintained Yorkville IvesBuy Initiated coverage · Oct 7 $500 UBSHold Raised price target +2%, kept rating · Oct 7 $391from $385 Goldman SachsHold Kept rating and price target · Oct 6 $360maintained
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Price Target is an archive of Wall Street analyst research, published for informational purposes only. Nothing on this site is investment advice, a recommendation, or an offer to buy or sell any security. Analyst ratings and price targets are the opinions of the issuing firms, not of Price Target. Always do your own research or consult a licensed financial adviser.