tesla inc nasdaq tsla is the 11th largest company by market capitalization this stock has proven it can provide high returns within short periods considering a tumultuous market many investors are wondering about tesla’s stock trajectory current economic conditions seem bleak yet several experts are optimistic about tesla’s stock some experts have a gloomy outlook for this electric vehicle ev manufacturer’s stock the market’s uncertainty can send stocks in any direction several experts have provided recommendations and price predictions for tesla’s stock tesla held an initial public offering ipo on june 29 2010 its stock consolidated from 130 to 240 until april 2013 when it surged over 400 to reach 12 the stock reached 19 by september 2014 then ranged again for several years until spiking up to 25 in june 2017 a correction followed and tesla’s stock price dipped to 12 in june 2019 strong buying momentum began at the end of 2019 resulting in the stock soaring to 64 by february 2020 the crash to 24 in march 2020 during the global lockdowns resulted in the stock making a vbottom on the chart reversal pattern tesla’s stock went on a massive bull run reaching an alltime high ath of 414 in november 2021 investors who bought the stock during the lockdowns received a return of just over 1600 the company’s first stock split was on aug 31 2020 when it held a 5for1 split after reaching its alltime high ath tesla’s stock dropped to 207 in may 2022 the stock recovered by 50 to reach 315 just before tesla’s second stock split 3for1 on aug 31 2022 the stock split was followed by the price forming lower lows eventually reaching 137 on dec 22 2022 since reaching its ath tesla’s stock has lost 67 of its value of the 29 analysts asked for their prediction on tesla’s stock most of them were positive about its price within the next 12 months however a significant portion of the analysts was uncertain about the direction and suggested holding the stock and a few recommended selling it the overall sentiment of the analysts is a buy for tesla’s stock eleven analysts said that the stock was a strong buy seven believed it was a buy eight analysts recommended holding the stock and three analysts think that tesla is a strong sell an analyst from goldman sachs maintains a strong buy position with a forecasted price of 235 a citigroup analyst believes that the stock is a hold and the price will be 176 glj research was the most pessimistic about the stock with its sentiment being a strong sell and possibly reaching 73 other shortterm price targets were predicted by 22 analysts the average target price was 272 the price predictions range from a high of 366 and a low of 85 using tesla’s stock price of 137 the average price target of the 22 analysts represents an increase of 97 the average brokerage recommendation abr from 27 firms was 224 when measuring strong buy to strong sell on a scale of one to five eleven brokers provided a strong buy rating while two rated tesla as a stock to buy only two brokers recommended the stock as a strong sell and 12 brokers recommended a hold position of the recommendations strong buy accounts for 407 a buy position represents 7 of the recommendations a comparison of recommendations from three months ago to current recommendations reveals that 12 brokerage firms previously recommended a strong buy whereas only 11 firms hold that position presently the buy recommendation remains the same from three months ago to now with two firms holding such a view three months ago nine brokers recommended a hold position currently twelve firms have the same sentiment two firms currently recommend tesla’s stock as a strong sell whereas three firms provided the same recommendation three months ago the abr three months ago was 221 other recommendations by 13 brokerage firms reveal that nine firms presently rate tesla’s stock as they did several months ago six firms recommended it as a strong buy and three firms recommended a hold position two brokerage firms had not previously rated the tesla stock but one firm recommends a hold position and the other recommends the stock as a strong buy oppenheimer holdings previously recommended tesla’s stock as a strong buy and has now downgraded it to hold tudor pickering holt  co echoed that sentiment the online market is saturated with stock brokers but you need one offering low fees a broad selection of stocks and professional service benzinga scoured the market and found the best online brokers