TD Cowen Tesla · TSLA

TD Cowen Lowers Tesla Price Target to $490

Analyst: Itay Michaeli 1 min read Reproduced verbatim
Rating
Buy
Target
$490
from $519 (−6%)
Upside
+43%
TSLA at $344 today
TD Cowen and Tesla logos

What the analyst said

TD Cowen analyst Itay Michaeli lowered the price target on Tesla (NASDAQ: TSLA) to $490.00 (from $519.00) while maintaining a Buy rating.

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 $490 target is 11% above the median.

Since the note TSLA has moved −6% (from $364). 12-month window: day 204 of 365, closes on April 15, 2027.

Track record

This callOpen: TSLA has not reached $490 yet. This 12-month target is scored on April 15, 2027.

Firm track recordTD Cowen: 83% of its 35 targets at least a year old were reached within 12 months (#6 of 26 firms); on Tesla, 4 of 6. Accuracy ranking →

TD Cowen on Tesla

TD Cowen price targets on Tesla

8 calls from October 9, 2025 to June 4, 2026. The target went from $509 to $490 (−4%). The rating stayed Buy.

TD Cowen targetTSLA share price
  1. June 4, 2026Kept the $490 targetBuy$490
  2. April 23, 2026Kept the $490 targetBuy$490
  3. April 15, 2026 This noteTarget cut from $519 (−6%)Buy$490
  4. January 29, 2026Target raised from $509 (+2%)Buy$519
  5. December 1, 2025Kept the $509 targetBuy$509
  6. November 17, 2025Kept the $509 targetBuy$509
  7. October 23, 2025Kept the $509 targetBuy$509
  8. October 9, 2025Earliest call shownBuy$509
Share

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
Share on
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.