Piper Sandler Raises Tesla (TSLA) Price Target to $475

On October 22, 2026, Piper Sandler maintained its Overweight rating on Tesla, Inc. TSLA while raising its price target to $475.00 from $450.00. The research note arrived as part of a busy round of updates from Wall Street research firms tracking the electric vehicle maker.

TSLA Tesla, Inc.

$386.47 ▼ -11.78% year to date

1M 3M YTD

Daily close · Oct 21, 2026

Piper Sandler's Call on Tesla

In its research note, Piper Sandler kept an Overweight rating on the shares while bumping the target up from $450.00 to $475.00. The firm joins several peers updating coverage on the company.

Other Institutional Activity in Tesla

Livforsakringsbolaget Skandia, Omsesidigt reduced its holdings by 28,920 shares, ending with 17,436 shares worth about $6,186,467.

Tesla, Inc. Stock Up 2.4%

Tesla shares recently traded around $382.64 on October 22, 2026, after closing at $379.08 on the day of the rating change. The recent price sits above its 50-day moving average of $362.18, though it trades below its 200-day moving average of $386.94 and remains down from its 52-week high of $498.83. The stock carries a market capitalization of roughly $1.53 trillion and a forward P/E ratio of 177.67.

Recent Earnings

Tesla reported trailing twelve-month revenue of $103.62 billion alongside earnings of $1.08 per share.

Insider Buying and Selling at Tesla, Inc.

Director Thompson Kathleen Wilson disposed of 26,409 shares on April 30, 2026. Chief Financial Officer Vaibhav Taneja completed three separate sales during the period, including 3,000 shares on May 13, 2026, at $450.00 apiece, 2,605 shares on June 8, 2026, at $402.20 each, and 2,605 shares on September 8, 2026, at $360.13 per share.

Analysts Set New Price Targets

On October 22, 2026, BNP Paribas upgraded the stock to Neutral with a $420.00 price target. On the same day, RBC Capital reiterated its Outperform rating with an unchanged target of $480.00, while JP Morgan maintained a Neutral rating and moved its target from $415.00 to $430.00. TD Cowen also reiterated a Buy rating with a $460.00 target. Across 38 analyst opinions, the stock holds a consensus buy recommendation with a mean price target of $397.83.

About Tesla, Inc.

Tesla designs, builds, and sells electric vehicles as well as clean energy generation and storage systems across global markets. The company generates revenue from automotive sales, regulatory credits, maintenance services, and energy products.

Bottom Line

Piper Sandler's higher target sits above the broader analyst consensus mean. Investors will watch how upcoming vehicle delivery numbers and financial results measure up against these expectations.