Tesla Stock’s Path to $500: Bulls Target 2027 Amid Diverging Analyst Views

Tesla's stock flirted with the $500 threshold earlier this year, peaking at $498.82 before retreating to current levels near $398.73. The 25% gap between present value and that psychological barrier now dominates investor conversations.

Wall Street's 2026 forecasts reveal a stark divide. Optimists point to accelerating progress in robotaxi development and Optimus robotics, while skeptics highlight a staggering 364 P/E ratio. The analyst consensus—41 professionals with an average $398.42 target—mirrors the current trading price with eerie precision.

First-quarter results provided ammunition for the bulls. A 14% EPS beat ($0.41 vs $0.35 expected) accompanied 15.78% revenue growth and dramatic margin expansion. Free cash flow more than doubled year-over-year, while Full Self-Driving subscriptions surpassed 1.28 million.

RBC Capital Markets and Piper Sandler lead the charge for upside potential, though the road to $500 appears contingent on successful commercialization of next-generation technologies rather than traditional automotive metrics.