Piper Sandler Tesla · TSLA

Piper Sandler Raises Tesla Price Target to $475

October 22, 2026 Analyst: Alexander Potter 1 min read Reproduced verbatim
Rating
Buy
Target
$475
from $450 (+6%)
Upside
+27%
TSLA at $373 today
Piper Sandler and Tesla logos

What the analyst said

Piper Sandler analyst Alexander Potter raised the price target on Tesla (NASDAQ: TSLA) to $475 (from $450) while maintaining an Overweight rating.

“We remain Overweight following Q3 results. TSLA was indicated lower by 3% after-hours, but we doubt this stems from anything fundamental.

The results compared favorably vs. consensus, and most P&L drivers are improving.

We think the weakish post-Q performance probably stems from elevated expectations following yesterday’s SPCX call, which featured breakneck AI/SI upside and unusually candid commentary re: a Tesla+SpaceX merger.

By comparison, today’s Tesla call was less dramatic. But under the surface, there were lots of exciting details, particularly re: robotaxi scaling and FSD adoption.

Our estimates are moving higher, along with our price target (PT), which is now $475 (up from $450).”

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 $373. The 19 analysts who set a target in the last 3 months range from $24.86 to $500, with a median of $442. This $475 target is 7% above the median.

12-month window: day 1 of 365, closes on October 22, 2027.

Track record

This callOpen: TSLA has not reached $475 yet. This 12-month target is scored on October 22, 2027.

Firm track recordPiper Sandler: 88% of its 24 targets at least a year old were reached within 12 months (#8 of 28 firms); on Tesla, 3 of 5. Accuracy ranking →

Earnings reactionOne of 12 notes after Tesla’s Oct 21 results: 7 of 12 raised targets. See every call →

Piper Sandler on Tesla

Piper Sandler price targets on Tesla

8 calls from October 23, 2025 to October 22, 2026. The target went from $500 to $475 (−5%). The rating stayed Buy.

Piper Sandler targetTSLA share price
  1. October 22, 2026 This noteTarget raised from $450 (+6%)Buy$475
  2. July 24, 2026Target cut from $500 (−10%)Buy$450
  3. June 10, 2026Kept the $500 targetBuy$500
  4. May 11, 2026Kept the $500 targetBuy$500
  5. April 23, 2026Kept the $500 targetBuy$500
  6. January 29, 2026Kept the $500 targetBuy$500
  7. November 20, 2025Kept the $500 targetBuy$500
  8. October 23, 2025Earliest call shownBuy$500
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Other analysts on Tesla

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 JP MorganHold Raised price target +4%, kept rating · Oct 22 $430from $415 CantorBuy Kept rating and price target · Oct 22 $485maintained
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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.