Valuation logic broken? Tesla’s profit outlook plunges by 56%, yet target price is raised to $410.
Wall Street is sending mixed signals about Tesla: Analysts’ average forecast for its net profit in 2026 has plunged 56% in the past 12 months, sharply revised down from $14.1 billion to $6.1 billion, reflecting deepening skepticism about its profitability. However, during the same period, the average 12-month