JPMorgan Raises Tesla Price Target to $430

October 22, 2026 Analyst: Rajat Gupta 1 min read Reproduced verbatim
Rating
Hold
Target
$430
from $415 (+4%)
Upside
+15%
TSLA at $375 today
JP Morgan and Tesla logos

What the analyst said

JPMorgan analyst Rajat Gupta raised the price target on Tesla (NASDAQ: TSLA) to $430 (from $415) while maintaining a Neutral rating.

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 $430 target is 3% below the median.

12-month window: day 0 of 365, closes on October 22, 2027.

Track record

This callOpen: a 12-month target, scored on October 22, 2027, a year after the note.

Firm track recordJP Morgan: 56% of its 16 targets at least a year old were reached within 12 months (#26 of 28 firms); on Tesla, 0 of 4. Accuracy ranking →

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

JP Morgan on Tesla

JP Morgan price targets on Tesla

8 calls from April 6, 2026 to October 22, 2026. The target went from $145 to $430 (+197%). The rating moved from Sell to Hold.

JP Morgan targetTSLA share price
  1. October 22, 2026 This noteTarget raised from $415 (+4%)Hold$430
  2. October 16, 2026Kept the $415 targetHold$415
  3. September 28, 2026Target cut from $445 (−7%)Hold$415
  4. July 23, 2026Target cut from $475 (−6%)Hold$445
  5. July 6, 2026Kept the $475 targetHold$475
  6. June 5, 2026Upgraded to Hold, target raised from $145 (+228%)Hold$475
  7. May 11, 2026Kept the $145 targetSell$145
  8. April 6, 2026Earliest call shownSell$145
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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.