Wall Street analyst predicts Tesla stock to reach $404, potential upside, positive.

From Nasdaq: 2025-03-28 09:06:00

Tesla (NASDAQ: TSLA) shares are rebounding after a tough start to the year. Canaccord analyst George Gianarikas sees nearly 50% upside potential, despite a 30% drop in share price this year. Controversy surrounds CEO Elon Musk’s politics, but a recent survey shows consumers are still interested in buying Tesla.

Investors should keep an eye on Tesla’s first-quarter sales results coming next week on April 2. While shares may be volatile, there is potential for positive news to boost stock prices. Analysts predict Tesla shares could head lower before potentially reaching a $404 price target set by Gianarikas.

Don’t miss out on a second chance at lucrative opportunities with “Double Down” stock recommendations. Analysts have issued alerts for three companies that may see significant growth. Past returns on investments in companies like Nvidia, Apple, and Netflix have been impressive. Now could be the perfect time to invest before it’s too late.

Disclosure: Howard Smith has positions in Tesla. The Motley Fool also has positions in and recommends Tesla, with a disclosure policy in place.



Read more at Nasdaq: 1 Wall Street Analyst Thinks Tesla Stock Is Going to $404. Is It a Buy?