RBC Capital Rates Tesla (TSLA) Outperform, $480 Price Target
Key Points
- RBC Capital reiterated its Outperform rating on Tesla, Inc. (TSLA) alongside a $480.00 price target on October 22, 2026.
- RBC Capital's $480 price target implies 26.96% upside from Tesla, Inc.'s ($TSLA) current $378.07 share price.
- Tesla shares recently traded around $378.07, sitting above their 50-day moving average.
- Multiple Wall Street firms updated their views on October 22, 2026, contributing to a consensus buy recommendation.
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RBC Capital reiterated its Outperform rating on Tesla, Inc. (NASDAQ: TSLA) and kept its price target steady at $480.00 on October 22, 2026. The research note provides a forward-looking view from the firm, supporting an optimistic outlook on the electric vehicle maker.
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Tesla, Inc.
RBC Capital vs. the S&P 500
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RBC Capital's Call on Tesla, Inc.
On October 22, 2026, RBC Capital maintained its Outperform rating on Tesla, leaving its target unchanged at $480.00 compared to its previous level. The firm's analysis joins a broader slate of updates from Wall Street research desks.
Tesla, Inc. Stock Up 1.2%
Tesla shares recently traded around $378.07 as of October 22, 2026, coming in close to the stock's closing price of $377.63 on that same day. The recent price sits about 4.4% above its 50-day moving average of $362.18, while resting roughly 5.0% below the consensus mean price target of $397.83.
$TSLA price target
Tesla, Inc. daily closes and this analyst's $480 target. Not advice.
Recent Earnings
Tesla generated trailing-twelve-month revenue of $103.62 billion alongside earnings of $1.08 per share. The company reported a net profit margin of 3.7% and a return on equity of 4.7%, backed by a year-over-year revenue growth rate of 25.5%.
Insider Buying and Selling at Tesla, Inc.
Insiders completed several transactions earlier in the year. Director Thompson Kathleen Wilson disposed of 26,409 shares valued at approximately $9.99 million on April 30, 2026. Chief Financial Officer Vaibhav Taneja executed three separate sales: 3,000 shares for $1.35 million on May 13, 2026, at $450.00 per share; 2,605 shares for $1.05 million on June 8, 2026, at $402.20 per share; and another 2,605 shares for $938,419 on September 8, 2026, at $360.13 per share.
Analysts Set New Price Targets
Wall Street firms adjusted coverage alongside RBC Capital on October 22, 2026. Canaccord Genuity maintained its Buy rating while lifting its price target to $442.00 from $410.00. Morgan Stanley maintained its Equal-Weight rating and raised its target to $410.00 from $400.00. BNP Paribas upgraded the stock to Neutral with a target of $420.00, up from $266.00. JP Morgan maintained its Neutral rating and bumped its target to $430.00 from $415.00. Across 38 analyst opinions, the stock currently carries a consensus buy recommendation.
About Tesla, Inc.
Headquartered in Austin, Texas, Tesla designs, manufactures, and sells electric vehicles, energy storage systems, and solar products. The company operates across automotive and energy segments, offering vehicles, regulatory credits, insurance services, and charging infrastructure worldwide.
Bottom Line
Investors continue to monitor analyst revisions and broader market sentiment as Tesla trades below its consensus targets. Market participants should look to upcoming earnings reports for further indicators on operational performance.
Related Filing Alerts
Source: RBC Capital's rating change on $TSLA (Oct 22, 2026). Written by software, not financial advice. How we make alerts