TD Cowen Rates Tesla (TSLA) Buy, $460 Price Target

On October 22, 2026, TD Cowen reaffirmed its positive stance on Tesla, Inc. [TSLA], keeping its Buy rating intact. According to a research note released that day, the firm left its price target steady at $460.00, matching its previous target of $460.00.

TSLA Tesla, Inc.

$386.47 ▼ -11.78% year to date

1M 3M YTD

Daily close · Oct 21, 2026

TD Cowen's Call on Tesla, Inc.

TD Cowen's decision to maintain its stance came alongside updates from several other major financial firms on October 22, 2026. The stock closed at $379.08 on the day of the rating affirmation. This forward-looking opinion signals that the firm continues to see upside potential for the electric vehicle maker.

Tesla, Inc. Stock Up 2.4%

Tesla shares recently traded around $382.64 as of October 22, 2026, putting the stock up about 0.9% since the session's close. The recent price sits about 5.6% above its 50-day moving average of $362.18, though it trades roughly 1.1% below its 200-day moving average of $386.94. The shares are down about 23.3% from their 52-week high of $498.83 and up roughly 28.7% from their 52-week low of $297.38.

Recent Earnings

Tesla generated $103.62 billion in trailing-twelve-month revenue with earnings of $1.08 per share. The company posted a net profit margin of 3.7% and a return on equity of 4.7% over the period, accompanied by year-over-year revenue growth of 25.5%.

Insider Buying and Selling at Tesla, Inc.

Company insiders executed several transactions earlier in the year. Director Thompson Kathleen Wilson disposed of 26,409 shares on April 30, 2026, valued at roughly $9.99 million. Chief Financial Officer Vaibhav Taneja made three separate sales: 3,000 shares on May 13, 2026, at $450.00 per share for a total of $1.35 million; 2,605 shares on June 8, 2026, at $402.20 per share worth about $1.05 million; and another 2,605 shares on September 8, 2026, at $360.13 per share totaling roughly $938,419.

Analysts Set New Price Targets

Other Wall Street firms adjusted their views on October 22, 2026. BNP Paribas upgraded the stock to Neutral with a $420.00 target, up from its prior target of $266.00. RBC Capital reiterated its Outperform rating and kept its target at $480.00. JP Morgan maintained a Neutral rating while raising its target to $430.00 from $415.00. Piper Sandler maintained an Overweight rating, lifting its target to $475.00 from $450.00. Overall, the stock carries a consensus buy recommendation from 38 analysts, with a mean price target of $397.83.

About Tesla, Inc.

Headquartered in Austin, Texas, Tesla designs, manufactures, and sells electric vehicles alongside energy generation and storage systems. The company operates through its automotive and energy segments, while also offering regulatory credits, insurance services, and maintenance options worldwide. Investor focus remains on the firm's delivery metrics and technological developments as it navigates shifting demand across global markets.

Bottom Line

TD Cowen's steady target reflects continued confidence from the firm even as shares trade below broader Wall Street expectations. Investors will watch upcoming earnings reports and production updates to see if the automaker can close the gap toward the $460 target.