Cantor Tesla · TSLA

Cantor Fitzgerald Reiterates Overweight on Tesla, $485 Price Target

October 22, 2026 Analyst: Andres Sheppard 1 min read Reproduced verbatim
Rating
Buy
Unchanged
Target
$485
Unchanged
Upside
+29%
TSLA at $375 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).

“Elon previously disclosed that Tesla and SpaceX have formed special committees (at the request of shareholders) to discuss a potential merger.

While Elon also previously disclosed that he views it as a good idea (would require ~50% TSLA Shareholder approval), the company did not comment further on the TSLA call.

In our opinion, we view an ultimate merger as likely. We Reiterate our OW rating and our $485 PT are Unchanged.”

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 $375. The 19 analysts who set a target in the last 3 months range from $24.86 to $500, with a median of $442. This $485 target is 10% above the median.

12-month window: day 0 of 365, closes on October 22, 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 (#14 of 28 firms); on Tesla, 6 of 6. Accuracy ranking →

Earnings reactionOne of 11 notes after Tesla’s Oct 21 results: 7 of 11 raised targets. See every call →

Cantor on Tesla

Cantor price targets on Tesla

8 calls from April 23, 2026 to October 22, 2026. The target went from $510 to $485 (−5%). The rating stayed Buy.

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

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 MizuhoBuy Raised price target +2%, kept rating · Oct 22 $460from $450 Canaccord GenuityBuy Raised price target +8%, kept rating · Oct 22 $442from $410
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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.