Piper Sandler Reaffirms Overweight on Tesla, $500 Price Target

Analyst: Alexander Potter 1 min read Reproduced verbatim
Rating
Overweight
Unchanged
Target
$500
Unchanged
Upside
+45%
TSLA at $344 today
Piper Sandler and Tesla logos

What the analyst said

Piper Sandler analyst Alexander Potter reiterated an Overweight rating and $500.00 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 $500 target is 13% above the median, the highest on the Street.

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

Track record

This callOpen: TSLA has not reached $500 yet. This 12-month target is scored on April 23, 2027.

Firm track recordPiper Sandler: 78% of its 37 targets at least a year old were reached within 12 months (#15 of 26 firms); on Tesla, 3 of 5. Accuracy ranking →

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

Piper Sandler on Tesla

Piper Sandler price targets on Tesla

8 calls from August 29, 2025 to June 10, 2026. The target went from $400 to $500 (+25%). The rating stayed Buy.

Piper Sandler targetTSLA share price
  1. June 10, 2026Kept the $500 targetBuy$500
  2. May 11, 2026Kept the $500 targetBuy$500
  3. April 23, 2026 This noteKept the $500 targetBuy$500
  4. January 29, 2026Kept the $500 targetBuy$500
  5. November 20, 2025Kept the $500 targetBuy$500
  6. October 23, 2025Kept the $500 targetBuy$500
  7. September 22, 2025Target raised from $400 (+25%)Buy$500
  8. August 29, 2025Earliest call shownBuy$400
Share
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.