RBC Capital Reiterates Outperform on Tesla, $480 Price Target

Analyst: Tom Narayan 1 min read Reproduced verbatim
Rating
Outperform
Unchanged
Target
$480
from $500 (−4%)
Upside
+40%
TSLA at $344 today
RBC Capital and Tesla logos

What the analyst said

RBC Capital analyst Tom Narayan reiterated an Outperform rating and $480.00 price target on Tesla (NASDAQ: TSLA).

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 $480 target is 9% above the median.

Since the note TSLA has moved −11% (from $386). 12-month window: day 197 of 365, closes on April 22, 2027.

Track record

This callOpen: TSLA has not reached $480 yet. This 12-month target is scored on April 22, 2027.

Firm track recordRBC Capital: 47% of its 17 targets at least a year old were reached within 12 months (#26 of 26 firms); on Tesla, 6 of 7. Accuracy ranking →

RBC Capital on Tesla

RBC Capital price targets on Tesla

8 calls from July 9, 2025 to July 7, 2026. The target went from $319 to $500 (+57%). The rating stayed Buy.

RBC Capital targetTSLA share price
  1. July 7, 2026Target raised from $475 (+5%)Buy$500
  2. April 23, 2026Target cut from $480 (−1%)Buy$475
  3. April 22, 2026 This noteTarget cut from $500 (−4%)Buy$480
  4. January 29, 2026Kept the $500 targetBuy$500
  5. October 23, 2025Kept the $500 targetBuy$500
  6. October 10, 2025Target raised from $325 (+54%)Buy$500
  7. July 28, 2025Target raised from $319 (+2%)Buy$325
  8. July 9, 2025Earliest call shownBuy$319
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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.