Wall Street Loves This EV Stock. Here's Why I'm Not Buying
Investors should recognize Tesla's hidden risks.
Overview
Most Wall Street analysts covering Tesla (NASDAQ: TSLA) remain overwhelmingly bullish on the EV leader. Out of the 48 analysts who cover the stock, 43 still rate it as a buy or hold, while only five rate it as an underweight stock or a sell. At $372, Tesla also remains below Wall Street's median price target of $406.50 and its all-time high of $489.88 per share.
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From 2025 to 2028, analysts still expect Tesla's revenue and EPS to grow at CAGRs of 14% and 27%, respectively. That growth should be driven by the expansion of its autonomous Cybercab fleet, the monetization of its full self-driving (FSD) features, the commercialization of its Optimus robots, its energy storage solutions for data centers, and new vehicles.
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Source
Originally published at www.fool.com.