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Tesla broke through Wall Street expectations, with a target price of $515. How high can the stock price soar?

金十数据12-17

WedbushAnalyst Dan·Ives (Dan Ives) Sunday willTeslaTarget price from400The dollar was sharply raised to515USD, with a rating ofBUY, which is also the highest price target currently on Wall Street. HisOptimistic scenarioHigher price target, reaching650Dollars.New price target pushes Tesla valuation up to about1.7Trillion dollars, whileOptimistic scenarioThe valuation under is about2.1Trillion dollars.

Tesla stock jumped on Monday6.1%, closed at463.02Dollar, while S&P500Index Rise0.4%, the Dow Jones Industrial Average fell0.3%

Ives says a second Trump administration could becomeTesla and Musk's autonomous driving and artificial intelligence stories in the next few yearsSignificant Changer

Tesla(TSLA.O)Utilization based onAIComputing technology trains its cars to achieve autonomous driving. Tesla and others have made progress on this front. Tesla's Highest Level Driver Assistance SoftwareFully autonomous drivingFSD) is constantly improving and can currently complete most driving tasks most of the time, but still requires human monitoring.Alphabet (GOOGL.O)Under its bannerWaymoOver completed per week1510,000 driverless taxi services, and plan to2025Expanding to more cities in.

As technology matures, Ives and many on Wall Street predict that,Trump administration policies will make it easier to provide autonomous driving services.We Think Tesla Towards the Future12To18Reached within months2The journey of a trillion-dollar market value has begun,Ives wrote in the report.

Ives is a long-term Tesla bull, always givingBUYRatings. What's unusual about this price target, however, is that it addresses a problem that Tesla's stock price has faced recentlyPeculiarThe situation.

As of Monday's trading, Tesla shares have been trading since11Monthly5Has risen since the Japanese election73%, the year-to-date increase reached76%。 The post-election rally was so rapid that the share price has risen above the highest target price set by major U.S. brokerages. Wall Street's top price target ahead of Ives' report was Daiwa Securities analyst Jai Ram·Nathan (Jairam Nathan) set420Dollars.

Such exceedings of Wall Street's highest price target are extremely rare. Although it is difficult to find detailed historical data,2021Year11Months ago, Tesla's stock price last exceeded400The US dollar is in2021At the end of the year, only a few target prices were reached at that time467Dollars, slightly above2021Year11Month's peak (close to410US dollars).

Now investors are finally seeing a higher price than last Friday's close436.23Price target on the dollar, which will undoubtedly give them some peace of mind. But time will tell if this is enough to support the epic rally in Tesla stock to continue.

As of the close of Monday's trading, Tesla stock has risen about86%, from Ives' new price target515US dollars still have about11%The space of.

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