Wedbush Lifts Tesla’s Price Target to $600

1 min read Reproduced verbatim
Rating
Outperform
Unchanged
Target
$600
Outcome
Missed
within 12 months
Wedbush and Tesla logos

What the analyst said

Wedbush analyst Daniel Ives raised on September 26, 2025, Tesla’s price target to $600, reiterating an ‘Outperform’ rating on the stock.

 

“We are raising our price target on Tesla to $600 from $500 to reflect our view that an accelerated AI path for the company is now on the horizon and investors are underestimating the transformation underway at the company.

We believe Tesla is taking major steps in advancing its AI Revolution path with autonomous and robotics front and center heading into 2026 that will be a game changer and define Tesla’s future.

We maintain our OUTPERFORM rating.”

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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 $600 target is 36% above the median, the highest on the Street.

Since the note TSLA has moved −15% (from $423). The 12-month window closed on September 26, 2026.

Track record

This call✗ Not reached within 12 months: a year after the note TSLA closed at $357, 40% below the $600 target, and it moved the other way.

Firm track recordWedbush: 65% of its 23 targets at least a year old were reached within 12 months (#20 of 26 firms); on Tesla, 2 of 8. Accuracy ranking →

Wedbush on Tesla

Wedbush price targets on Tesla

8 calls from May 23, 2025 to October 20, 2025. The target went from $500 to $600 (+20%). The rating stayed Buy.

Wedbush targetTSLA share price
  1. October 20, 2025Kept the $600 targetBuy$600
  2. October 7, 2025Kept the $600 targetBuy$600
  3. September 26, 2025 This noteTarget raised from $500 (+20%)Buy$600
  4. September 5, 2025Kept the $500 targetBuy$500
  5. August 4, 2025Kept the $500 targetBuy$500
  6. July 22, 2025Kept the $500 targetBuy$500
  7. July 1, 2025Kept the $500 targetBuy$500
  8. May 23, 2025Earliest call shownBuy$500
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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.