BBaird TTesla · TSLA
Baird Maintains Tesla’s ‘Outperform’ Rating
Rating
Buy
Price target
$548
Previous
—
Implied upside
+25%
Baird analyst Ben Kallo reiterated on October 23, 2025, an ‘Outperform’ rating and $548 price target on Tesla.
“TSLA reported Q3 results which beat us/consensus on the top line and missed on EPS.
Record vehicle deliveries and energy deployments in the quarter were accompanied by positive auto margins sequentially and record energy margins.
Energy demand is particularly high given grid constraints in several regions and a rapid build-out of infrastructure.
We expect this piece of the business to capture more attention in the remainder of 2025 and moving into 2026 with the tipping points for longer-term initiatives (Optimus, robotaxi, etc.) more opaque.”
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.
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.
