StoneX Reaffirms Buy on Tesla, $475 Price Target

Sep 25, 2026 Analyst: Mickey Legg 1 min read Reproduced verbatim

Rating: Buy
Price target: $475
Implied upside: +26%; vs $377.94 prior close

StoneX analyst Mickey Legg reiterated a Buy rating and $475 price target on Tesla (NASDAQ: TSLA).

“TSLA is expected to report Q3 deliveries late next week. We forecast Q3 deliveries of approximately 446,500 vehicles, down 7% sequentially and 10% YoY, and modestly below FactSet consensus.

Our estimates call for revenue of $27.5B, adjusted EPS of $0.45 and adjusted EBITDA of $4.0B.

We expect energy storage deployments of 16.2 GWh, up 20% sequentially, providing an offset to lower vehicle volume.

Beyond the delivery headline, our focus is on pricing, vehicle mix and inventory to assess whether demand is supporting profitability without additional incentives.

We maintain our Buy rating and $475 price target.”

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Tracking this call

Since this note+1% TSLA $377.94 → $380.99 (Oct 6) · 3% of the way to the target

This callScored on Mar 27, 2027, six months after the note: did TSLA reach $475?

Firm track recordStoneX reached 50% of its 12 scored targets within six months (#27 of 31 firms). Accuracy ranking →

StoneX on Tesla · target history

Sep 29, 2025 · $475 · Buy Sep 3, 2026 · $475 · Buy Sep 25, 2026 · $475 · Buy · this note Oct 1, 2026 · $475 · Buy

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