TD Cowen Tesla · TSLA

TD Cowen Assumes Coverage of Tesla at Buy, $388 Price Target

March 6, 2025 Analyst: Itay Michaeli 1 min read Reproduced verbatim
Rating
Buy
New coverage
Target
$388
First target
Outcome
Reached
on September 12, 2025
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What the analyst said

TD Cowen analyst Itay Michaeli assumes coverage on Tesla (NASDAQ: TSLA) with a Buy rating and a price target of $388.

“Both bull & bear cases have merit, but with the stock meaningfully pulling back, we’re tactically bullish on several potentially consequential catalysts this year (EV launches, AV eyes-off deployments, robotics).

Tesla also less-exposed to tariffs. Setup feels similar to last year’s. Q1 likely challenging.”

Disclaimer
The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.

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 $383. The 22 analysts who set a target in the last 3 months range from $24.86 to $500, with a median of $418. This $388 target is 7% below the median.

Since the note TSLA has moved +37% (from $279). The 12-month window closed on March 6, 2026.

Track record

This call✓ Target reached on September 12, 2025, 6 months after the note.

Firm track recordTD Cowen: 83% of its 18 targets at least a year old were reached within 12 months (#10 of 20 firms); on Tesla, 4 of 6. Accuracy ranking →

TD Cowen on Tesla

TD Cowen price targets on Tesla

8 calls from January 29, 2025 to September 12, 2025. The target went from $180 to $374 (+108%). The rating moved from Hold to Buy.

TD Cowen targetTSLA share price
  1. September 12, 2025Kept the $374 targetBuy$374
  2. July 24, 2025Target raised from $330 (+13%)Buy$374
  3. June 23, 2025Kept the $330 targetBuy$330
  4. June 6, 2025Kept the $330 targetBuy$330
  5. April 23, 2025Target cut from $388 (−15%)Buy$330
  6. March 19, 2025Kept the $388 targetBuy$388
  7. March 6, 2025 This noteUpgraded to Buy, target raised from $180 (+116%)Buy$388
  8. January 29, 2025Earliest call shownHold$180
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Other analysts on Tesla

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 UBSHold Kept rating and price target · Oct 5 $385maintained TruistHold Kept rating and price target · Oct 5 $370maintained
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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.