"Mizuho Securities has lifted its price target for Tesla ( NASDAQ:TSLA) shares to $450 from $375, citing a more optimistic view of the electric vehicle market in 2026. The firm stated that potential tariff headwinds appear less severe than earlier expected, while EV production volumes are trending higher across major automakers. Mizuho also retained Tesla's "Outperform"rating despite short-term industry challenges."
"Mizuho analysts now forecast Tesla will deliver about 1.91 million vehicles in 2026, slightly down from their previous estimate of 1.95 million but still above Wall Street consensus. The firm pointed to Tesla's planned lower-cost "Model 2" and potential Robotaxi launches as key drivers for growth over the next two years. "We see TSLA maintaining key leadership in the U.S. BEV market despite some near-term challenges," Vijay Rakesh, managing director at Mizuho, wrote in a research note."
Mizuho raised Tesla's price target to $450 from $375 based on a more optimistic electric vehicle market outlook for 2026. The firm views potential tariff headwinds as less severe and observes rising EV production volumes across major automakers. Mizuho forecasts roughly 1.91 million Tesla deliveries in 2026, slightly below its prior estimate but above Wall Street consensus. Planned lower-cost Model 2 and potential Robotaxi launches are seen as key growth drivers. The firm highlighted Elon Musk's approved compensation package and $1 billion stock purchase as aligning incentives with long-term projects in autonomy and humanoid robotics. Peers note Tesla's continued leadership in battery integration, vehicle software, and AI-powered features despite growing competition.
Read at TESLARATI
Unable to calculate read time
Collection
[
|
...
]