Barclays Raises Tesla (TSLA) Price Target to $450

By TradeTexts Research Desk Oct 26, 2026, 11:15 AM EDT

Key Points

Barclays raised its rating on Tesla to Overweight and set a new price target of $450 on October 26, 2026, up from a prior target of $370.
Barclays's $450 price target implies 13.81% upside from Tesla, Inc.'s ($TSLA) current $395.41 share price.
Tesla's shares recently traded around $395.41, which is about 0.3% below the closing price of $396.53 on the same day.
The company has a market cap of approximately $1.47 trillion and a P/E ratio of about 409.0, reflecting high investor expectations.

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On October 26, 2026, Barclays upgraded its rating on Tesla, Inc. (TSLA) to Overweight and raised its price target to $450, up from $370. This change reflects Barclays' positive outlook based on Tesla's recent performance and market conditions.

TSLA Tesla, Inc.

$372.22 -15.03% year to date

Daily close · Oct 23, 2026

Analyst rating track record

Barclays vs. the S&P 500

YTD return +2.21% hypothetical

All-time return +2.21% S&P 500 +0.75%

vs. S&P 500 +1.46% ahead of the index

Hypothetical returns from Barclays's disclosed trades, not real profit or advice. How we model this.

Barclays' Call on Tesla

Barclays' upgrade indicates a shift in sentiment towards Tesla, suggesting the firm sees stronger potential for the stock. The new price target of $450 represents an increase from the previous target of $370, reflecting confidence in Tesla's growth prospects.

Other Institutional Activity in Tesla

Evergreen Capital Management reduced its stake in Tesla by 9,654 shares, ending with 34,140 shares worth about $12.1 million. BSN Capital Partners closed its position, selling 12,531 shares, leaving it with no holdings in Tesla.

Tesla, Inc. Stock Up 5.6%

Tesla's stock recently traded around $395.41, which is about 0.3% below the closing price of $396.53 on October 26, 2026. The shares are currently above their 50-day moving average by about 8.7% and above their 200-day moving average by 2.3%. However, they remain about 20.7% below the 52-week high of $498.83.

12-month forecast

$TSLA price target

Tesla, Inc. daily closes and this analyst's $450 target. Not advice.

Recent Earnings

Tesla reported trailing twelve-month revenue of approximately $103.57 billion, with an EPS of $0.91. The company's next earnings report is scheduled for January 27, 2027.

Dividend

Tesla does not currently pay a dividend, maintaining a payout ratio of 0.0%.

Insider Buying and Selling at Tesla, Inc.

There have been several insider sales at Tesla. Director Kathleen Wilson Thompson sold 26,409 shares on April 30, 2026, valued at about $9.99 million. CFO Vaibhav Taneja sold shares on three occasions, totaling 8,210 shares for about $3.4 million between May and September 2026.

Analysts Set New Price Targets

On October 22, 2026, several analysts made adjustments to their ratings. UBS maintained a Neutral rating with a target of $425, while CLSA upgraded its rating to Hold with a target of $400. Canaccord Genuity maintained a Buy rating with a target of $442, and Morgan Stanley kept an Equal-Weight rating with a target of $410. The consensus among analysts is a Buy, with a mean price target of approximately $407.22.

About Tesla, Inc.

Tesla, Inc. designs and manufactures electric vehicles and energy systems. The company is a leader in the electric vehicle market and continues to innovate in energy generation and storage solutions. This upgrade by Barclays reflects confidence in Tesla's ongoing growth and potential in the rapidly evolving automotive industry.

Bottom Line

Investors should watch for Tesla's next earnings report on January 27, 2027, to gauge its performance further. Barclays' recent upgrade highlights the firm's optimistic outlook for the company amid a competitive landscape.