The average one-year price target for Tesla has been raised to $393.05 per share, an 18.20% increase from the previous estimate. Analysts’ targets range from $121.20 to $630.00 per share, with an average representing a 13.12% decrease from the current closing price of $452.42 per share.

There are 5,250 funds or institutions holding positions in Tesla, with an increase of 181 owners in the last quarter. The average portfolio weight dedicated to TSLA is 1.03%, and total shares owned by institutions rose by 3.33% to 1,814,119K shares. The put/call ratio for TSLA is 0.90, indicating a bullish outlook.

Capital World Investors holds 41,633K shares of Tesla, representing 1.25% ownership of the company. In their prior filing, the firm reported owning 40,264K shares, showing an increase of 3.29%. They increased their portfolio allocation in TSLA by 13.71% over the last quarter.

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Read more at Nasdaq: Tesla (TSLA) Price Target Increased by 18.20% to 393.05