Baird Tesla · TSLA

Baird Reiterates Neutral on Tesla, $320 Price Target

Analyst: Ben Kallo 1 min read Reproduced verbatim
Rating
Neutral
Unchanged
Target
$320
Outcome
Reached
on June 30, 2025
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What the analyst said

Baird analyst Ben Kallo reiterated a Neutral rating and $320 price target on Tesla (NASDAQ: TSLA).

“TSLA reported slightly better than consensus estimates that have been lowered following the Q2 delivery release.

The strength of the Energy business’s profitability was the biggest surprise in the financials.

Commentary was mixed with Musk providing outlook/timelines for robotaxi (again) while pushing some timelines, e.g., Optimus. The big question is how long does TSLA get a pass on timelines?

TSLA is working on revolutionary products such as Robotaxi, Optimus, and Dojo, but we remain at a Neutral rating as we think the near term financials will become the focus.”

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 $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 $320 target is 28% 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✓ Target reached on June 30, 2025, 5 days after the note. Same target as this firm’s June 25, 2025 note, so it is scored there.

Firm track recordBaird: 90% of its 31 targets at least a year old were reached within 12 months (#1 of 26 firms); on Tesla, 5 of 6. Accuracy ranking →

Baird on Tesla

Baird price targets on Tesla

8 calls from June 9, 2025 to January 29, 2026. The target went from $320 to $548 (+71%). The rating moved from Hold to Buy.

Baird targetTSLA share price
  1. January 29, 2026Kept the $548 targetBuy$548
  2. December 30, 2025Kept the $548 targetBuy$548
  3. October 23, 2025Kept the $548 targetBuy$548
  4. September 19, 2025Upgraded to Buy, target raised from $320 (+71%)Buy$548
  5. September 8, 2025Kept the $320 targetHold$320
  6. July 24, 2025 This noteKept the $320 targetHold$320
  7. June 25, 2025Set a $320 targetHold$320
  8. June 9, 2025Earliest call shownHoldNo target
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Other analysts on Tesla

CantorBuy Kept rating and price target Oct 26 $485maintained BarclaysBuy Upgraded, raised price target +22% Oct 26 $450from $370 StoneXBuy Kept rating and price target Oct 22 $475maintained BNP ParibasHold Upgraded Oct 22 Morgan StanleyHold Raised price target +2%, kept rating Oct 22 $410from $400
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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.