Piper Sandler Tesla · TSLA

Piper Sandler Raises Tesla’s PT from $400 to $500

1 min read Reproduced verbatim
Rating
Overweight
Unchanged
Target
$500
from $400 (+25%)
Outcome
Missed
within 12 months
Piper Sandler and Tesla logos

What the analyst said

Piper Sandler analyst Alexander Potter raised on September 22, 2025, Tesla’s price target to $500 (from $400), reiterating an ‘Overweight’ rating on the stock.

“We are boosting our price target to $500, following a trip to China.

After meeting with Chinese EV makers, we can see why Elon Musk respects these “fast followers” so much.

Indeed, vertically-integrated Chinese OEMs may be Tesla’s #1 competitive threat.

But when it comes to “real world” A.I., these companies look to Tesla for guidance – not the other way around.

In the words of one company, “without Tesla going from 0 to 1, we can’t go from 1 to 100.”

Bottom line: TSLA remains our top idea for investing in autonomous vehicles and robotics.”

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 $358. The 17 analysts who set a target in the last 3 months range from $24.86 to $500, with a median of $442. This $500 target is 13% above the median, the highest on the Street.

Since the note TSLA has moved −16% (from $426). The 12-month window closed on September 22, 2026.

Track record

This call✗ Not reached within 12 months: a year after the note TSLA closed at $379, 24% below the $500 target, and it moved the other way.

Firm track recordPiper Sandler: 79% of its 38 targets at least a year old were reached within 12 months (#15 of 26 firms); on Tesla, 3 of 5. Accuracy ranking →

Piper Sandler on Tesla

Piper Sandler price targets on Tesla

8 calls from June 10, 2025 to November 20, 2025. The target went from $400 to $500 (+25%). The rating stayed Buy.

Piper Sandler targetTSLA share price
  1. November 20, 2025Kept the $500 targetBuy$500
  2. October 23, 2025Kept the $500 targetBuy$500
  3. September 22, 2025 This noteTarget raised from $400 (+25%)Buy$500
  4. August 29, 2025Kept the $400 targetBuy$400
  5. August 4, 2025Kept the $400 targetBuy$400
  6. July 24, 2025Kept the $400 targetBuy$400
  7. July 21, 2025Kept the $400 targetBuy$400
  8. June 10, 2025Earliest call shownBuy$400
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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.