Cantor Tesla · TSLA

Cantor Fitzgerald Reaffirms Overweight on Tesla, $485 Price Target

October 20, 2026 Analyst: Andres Sheppard 1 min read Reproduced verbatim
Rating
Buy
Unchanged
Target
$485
Unchanged
Upside
+26%
TSLA at $385 today
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What the analyst said

Cantor Fitzgerald analyst Andres Sheppard reiterated an Overweight rating and $485 price target on Tesla (NASDAQ: TSLA).

“The company will offer three roadster variants: a road-focused Performance configuration, plus two augmented trims called Thrust and Rocket (currently invite-only), via a $5,000 reservation fee, followed by $245,000 (due within 10 days).

While we found the demonstration to be breathtaking, we don’t view the roadster unveil as overly material to the bottom-line, particularly since the vehicle won’t be “street legal,” and given the company did not provide granularity on production expectations.”

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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 $385. The 19 analysts who set a target in the last 3 months range from $24.86 to $500, with a median of $450. This $485 target is 8% above the median.

12-month window: day 1 of 365, closes on October 20, 2027.

Track record

This callOpen: TSLA has not reached $485 yet. This 12-month target is scored on September 28, 2027. Same target as this firm’s September 28, 2026 note, so it is scored there.

Firm track recordCantor: 83% of its 29 targets at least a year old were reached within 12 months (#15 of 28 firms); on Tesla, 6 of 6. Accuracy ranking →

Cantor on Tesla

Cantor price targets on Tesla

8 calls from April 22, 2026 to October 20, 2026. The target went from $510 to $485 (−5%). The rating stayed Buy.

Cantor targetTSLA share price
  1. October 20, 2026 This noteKept the $485 targetBuy$485
  2. October 19, 2026Kept the $485 targetBuy$485
  3. September 28, 2026Kept the $485 targetBuy$485
  4. July 23, 2026Target cut from $510 (−5%)Buy$485
  5. June 29, 2026Rating only, no price targetBuyNo target
  6. June 1, 2026Kept the $510 targetBuy$510
  7. April 23, 2026Kept the $510 targetBuy$510
  8. April 22, 2026Earliest call shownBuy$510
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Other analysts on Tesla

JP MorganHold Kept rating and price target · Oct 16 $415maintained Yorkville IvesBuy Kept rating and price target · Oct 12 $500maintained Yorkville IvesBuy Initiated coverage · Oct 7 $500 UBSHold Raised price target +2%, kept rating · Oct 7 $391from $385 Goldman SachsHold Kept rating and price target · Oct 6 $360maintained
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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.