Truist Reiterates Hold on Tesla, $400 Price Target

Analyst: William Stein 1 min read Reproduced verbatim
Rating
Hold
Unchanged
Target
$400
Unchanged
Outcome
Reached
on April 17, 2026
Truist and Tesla logos

What the analyst said

Truist Securities analyst William Stein reiterated a Hold rating and $400.00 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 $400 target is 10% below the median.

Since the note TSLA has moved −11% (from $388). 12-month window: day 196 of 365, closes on April 23, 2027.

Track record

This call✓ Target reached on April 17, 2026, 15 days after the note. Same target as this firm’s April 2, 2026 note, so it is scored there.

Firm track recordTruist: 78% of its 27 targets at least a year old were reached within 12 months (#17 of 26 firms); on Tesla, 5 of 6. Accuracy ranking →

Earnings reactionOne of 15 notes after Tesla’s Apr 22 results: 2 raised · 3 cut · 8 kept. See every call →

Truist on Tesla

Truist price targets on Tesla

8 calls from October 23, 2025 to July 23, 2026. The target went from $406 to $370 (−9%). The rating stayed Hold.

Truist targetTSLA share price
  1. July 23, 2026Target cut from $430 (−14%)Hold$370
  2. July 2, 2026Target raised from $400 (+8%)Hold$430
  3. April 23, 2026 This noteKept the $400 targetHold$400
  4. April 2, 2026Target cut from $438 (−9%)Hold$400
  5. January 29, 2026Target cut from $444 (−1%)Hold$438
  6. December 19, 2025Target raised from $406 (+9%)Hold$444
  7. November 11, 2025Kept the $406 targetHold$406
  8. October 23, 2025Earliest call shownHold$406
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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.