Truist Tesla · TSLA

Truist Trims Tesla Price Target to $370

1 min read Reproduced verbatim
Rating
Hold
Unchanged
Target
$370
from $430 (−14%)
Outcome
Reached
on July 23, 2026
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What the analyst said

Truist Securities analyst William Stein lowered the price target on Tesla (NASDAQ: TSLA) to $370 (from $430) while maintaining a Hold 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 $358. The 17 analysts who set a target in the last 3 months range from $24.86 to $500, with a median of $442. This $370 target is 16% below the median.

Since the note TSLA has moved −4% (from $374). 12-month window: day 106 of 365, closes on July 23, 2027.

Track record

This call✓ Target reached on July 23, 2026, 0 days after the note.

Firm track recordTruist: 79% of its 28 targets at least a year old were reached within 12 months (#16 of 26 firms); on Tesla, 5 of 6. Accuracy ranking →

Earnings reactionOne of 14 notes after Tesla’s Jul 22 results: 0 raised · 10 cut · 2 kept. See every call →

Truist on Tesla

Truist price targets on Tesla

8 calls from November 11, 2025 to October 5, 2026. The target went from $406 to $370 (−9%). The rating stayed Hold.

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