Truist Reiterates Hold on Tesla, $280 Price Target

Analyst: William Stein 1 min read Reproduced verbatim
Rating
Hold
Unchanged
Target
$280
Outcome
Missed
within 12 months
Truist and Tesla logos

What the analyst said

Truist Securities analyst William Stein reiterated a Hold rating and $280 price target on Tesla (NASDAQ: TSLA).

“TSLA’s Q2 was noisy, but revs & EPS were inline.

Mgmt acknowledged that tariffs, and changes to consumer & regulatory credits could drive revenue, EPS, & FCF lower in the next few qtrs, potentially draining some of TSLA’s $37b cash position.

The company offered remarkably little detail on some of the most important factors like the new lower priced vehicles, FSD, Dojo, & Optimus, making our outlook lean more on imagination than realistic targets.

So, our medium & long-term outlook on these matters is unchanged. Our DCF PT stays $280”

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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 $344. The 17 analysts who set a target in the last 3 months range from $24.86 to $500, with a median of $442. This $280 target is 37% below the median.

Since the note TSLA has moved +3% (from $333). The 12-month window closed on July 24, 2026.

Track record

This call✗ Not reached within 12 months: a year after the note TSLA closed at $313, 12% above the $280 target, but it moved the way the analyst expected.

Firm track recordTruist: 79% of its 28 targets at least a year old were reached within 12 months (#16 of 26 firms); on Tesla, 5 of 6. Accuracy ranking →

Truist on Tesla

Truist price targets on Tesla

8 calls from May 23, 2025 to April 23, 2026. The target went from $280 to $400 (+43%). The rating stayed Hold.

Truist targetTSLA share price
  1. April 23, 2026Kept the $400 targetHold$400
  2. April 2, 2026Target cut from $438 (−9%)Hold$400
  3. January 29, 2026Target cut from $444 (−1%)Hold$438
  4. December 19, 2025Target raised from $406 (+9%)Hold$444
  5. November 11, 2025Kept the $406 targetHold$406
  6. October 23, 2025Target raised from $280 (+45%)Hold$406
  7. July 24, 2025 This noteKept the $280 targetHold$280
  8. May 23, 2025Earliest call shownHold$280
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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.