UBS Reiterates Neutral on Tesla, $385 Price Target
- Rating
- Hold
- Price target
- $385
- Implied upside
- +4%
- vs $370.59 prior close
UBS analyst Joseph Spak reiterated a Neutral rating and $385 price target on Tesla (NASDAQ: TSLA).
“There were some puts and takes with TSLA’s delivery release, 1) (+) TSLA beat consensus delivery estimates by +5%, though buyside expectations had been creeping up.
Still continued rebound for vehicle deliveries. 2) (-) Energy deployment missed. As we have said before, energy is lumpy and difficult to “check”.
That said this will have slight model implications given the above company average gross margins (we estimate ~$0.03 all else equal).”
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Tracking this call
Since this note+3% TSLA $370.59 → $380.68 (Oct 7) · 70% of the way to the target
This callScored on Apr 6, 2027, six months after the note: did TSLA reach $385?
Firm track recordUBS reached 75% of its 53 scored targets within six months (#7 of 31 firms); on Tesla, 2 of 5. Accuracy ranking →
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