As of May 16, 2025, Tesla's stock price stands at $342.82 per share. This current price is slightly above the recent trading volume, which has been relatively stable compared to its average. The trading volume has been around 10 million shares per day, which is a moderate level of activity.
Recently, there have been several updates and announcements that could impact Tesla's stock performance. One significant piece of news is the company's projected revenue growth. According to 24/7 Wall St., Tesla is expected to see its revenue climb from $112.091 billion in 2025 to $297.430 billion by 2030. This substantial growth is expected to drive the stock price upward, with a year-end price target of $268.01 in 2025, representing a downside potential of 22.9 percent from the current price.
Wall Street analysts have a consensus 12-month price target for Tesla of $290.36 per share, which is 16.5 percent lower than the most recent closing price. Out of 48 analysts covering the stock, 23 recommend buying shares, with seven of them having Strong Buy ratings. This indicates a generally positive outlook for Tesla's stock, despite some cautionary notes.
Carrie Artac from Wicked Stocks also provided an analysis on May 15, 2025, highlighting key levels to watch for Tesla's stock. She noted a buy signal from about a week ago that indicated a resistance area around $350.97 to $351.39. This area is significant as it represents a 50 percent upside retracement from the December high against the recent April low. The analysis suggests that this area could be a pivotal point for Tesla's stock, potentially absorbing buying pressure through June and beyond.
Additionally, CoinCodex forecasts Tesla's stock price to increase to $396.11 by June 2025, following May's momentum. This prediction suggests a continued upward trend for Tesla's stock in the coming months.
In summary, while there are some cautionary notes about the potential downside, the overall sentiment around Tesla's stock remains positive. The company's projected revenue growth, analyst recommendations, and recent price movements all point to a promising future for Tesla's stock. As investors, it is essential to monitor these factors closely to make informed decisions about buying or selling Tesla shares.
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