JP Morgan Tesla · TSLA

JP Morgan Lifts Tesla’s Price Target to $150, Maintains ‘Underweight’ Rating

1 min read Reproduced verbatim
Rating
Underweight
Unchanged
Target
$150
from $115 (+30%)
Outcome
Missed
within 12 months
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What the analyst said

JP Morgan analyst Ryan Brinkman raised on October 3, 2025, Tesla’s price target to $150 (from $115), while maintaining an ‘Underweight’ rating on the stock.

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 $150 target is 66% below the median.

Since the note TSLA has moved −18% (from $436). The 12-month window closed on October 3, 2026.

Track record

This call✗ Not reached within 12 months: a year after the note TSLA closed at $379, 152% above the $150 target, but it moved the way the analyst expected.

Firm track recordJP Morgan: 64% of its 28 targets at least a year old were reached within 12 months (#22 of 26 firms); on Tesla, 0 of 4. Accuracy ranking →

JP Morgan on Tesla

JP Morgan price targets on Tesla

8 calls from July 1, 2025 to September 28, 2026. The target went from $115 to $415 (+261%). The rating moved from Sell to Hold.

JP Morgan targetTSLA share price
  1. September 28, 2026Target cut from $445 (−7%)Hold$415
  2. July 23, 2026Target cut from $475 (−6%)Hold$445
  3. July 6, 2026Kept the $475 targetHold$475
  4. June 5, 2026Upgraded to Hold, target raised from $145 (+228%)Hold$475
  5. May 11, 2026Kept the $145 targetSell$145
  6. April 6, 2026Target cut from $150 (−3%)Sell$145
  7. October 3, 2025 This noteTarget raised from $115 (+30%)Sell$150
  8. July 1, 2025Earliest call shownSell$115
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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.