Tesla (TSLA) just received its most bullish Wall Street forecast yet. Baird analyst Ben Kallo has raised his price target for the electric-vehicle giant by 71%, moving it from $320 to $548. The firm also upgraded Tesla stock to Outperform from Neutral, citing stronger growth prospects and a more favorable outlook for the company’s long-term strategy.
At the new target, Tesla’s market capitalization would climb to roughly $1.82 trillion, reinforcing its status as one of the world’s most valuable automakers and technology companies.
Tesla Gets Wall Street's Highest Target
Kallo’s new call marks the highest Tesla price target across Wall Street analysts, positioning Baird at the front of bullish sentiment surrounding the stock. The move signals growing confidence in Tesla’s ability to deliver on profitability, expand its global footprint, and capitalize on upcoming technology rollouts.
Tesla Gets a $548 Price Target
- TSLA stock forecast: $548 per share
- Valuation impact: $1.82 trillion market cap
- Rating change: Neutral → Outperform
- Analyst: Ben Kallo, Baird
Analysts have been divided on Tesla’s near-term stock performance, but this latest note highlights the company’s potential as it navigates an evolving EV market, scaling production, and expanding into new growth verticals such as energy storage and AI-driven software.
Tesla's Most Optimistic Valuation Yet
For investors, the Baird upgrade strengthens the case that Tesla could be on the verge of another growth cycle. With this new target, Tesla now carries the most optimistic valuation projection among major U.S. brokerages.
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