TD Cowen Lifts Tesla’s Price Target to $374

TD Cowen analyst Itay Michaeli raised on July 24, 2025, the price target on Tesla to $374 (from $330), while maintaining a ‘Buy’ rating.

“Q2 In-Line, We Remain Focused on AV & Product Catalysts

Mostly solid/in-line results with encouraging AV updates but cautious (though unsurprising) NT earnings commentary in a quarter that’s unlikely to settle many bull/bear debates.

Ultimately, we feel that Tesla’s recent AV progress and other looming catalysts are too significant to ignore on account of NT EPS headwinds that are well-recognized by now.

Maintain our tactical Buy; $374 PT.”

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.