Deutsche Bank Lowers Tesla Price Target to $420

1 min read Reproduced verbatim
Rating
Buy
Unchanged
Target
$420
from $465 (−10%)
Upside
+7%
TSLA at $392 today

The median of 17 current targets on Tesla is $442. Deutsche Bank has reached 80% of its year-old targets (25 scored).

Deutsche Bank and Tesla logos

What the analyst said

Deutsche Bank analyst Edison Yu lowered the price target on Tesla (NASDAQ: TSLA) to $420 (from $465) while maintaining a Buy rating.

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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 $392. The 17 analysts who set a target in the last 3 months range from $24.86 to $500, with a median of $442. This $420 target is 5% below the median.

Since the note TSLA has moved +25% (from $313). 12-month window: day 108 of 365, closes on July 27, 2027.

Track record

This callOpen: TSLA has not reached $420 yet. This 12-month target is scored on July 27, 2027.

Firm track recordDeutsche Bank: 80% of its 25 targets at least a year old were reached within 12 months (#11 of 26 firms); on Tesla, 7 of 7. Accuracy ranking →

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

Deutsche Bank on Tesla

Deutsche Bank price targets on Tesla

7 calls from June 30, 2025 to July 27, 2026. The target went from $345 to $420 (+22%). The rating stayed Buy.

Deutsche Bank targetTSLA share price
  1. July 27, 2026 This noteTarget cut from $500 (−16%)Buy$420
  2. December 19, 2025Target raised from $470 (+6%)Buy$500
  3. November 3, 2025Target raised from $440 (+7%)Buy$470
  4. October 23, 2025Target raised from $435 (+1%)Buy$440
  5. September 26, 2025Target raised from $345 (+26%)Buy$435
  6. July 2, 2025Kept the $345 targetBuy$345
  7. June 30, 2025Earliest call shownBuy$345
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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.