Barclays raises Tesla stock target to USD 450 from USD 370

Published on 10/27/2026 at 18:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Tesla reported USD 28.05 billion revenue in Q3 2026. Tesla stock costs EUR 365.08 at Lang & Schwarz on October 27, 2026 after hours.

Analyst target and earnings

Barclays upgraded Tesla and raised its target to USD 450.00 on October 26, 2026.
Tesla reported USD 28.05 billion in third-quarter 2026 revenue and USD 718.00 million in operating income.
Tesla stock costs EUR 365.08 at Lang & Schwarz on October 27, 2026 at 6:03 p.m. CET.

Tesla, US88160R1014, Illustration mit AI erstellt.

Tesla (US88160R1014) became the subject of a more bullish analyst call after Barclays upgraded the stock to Overweight from Equal Weight and raised its price target from USD 370.00 to USD 450.00 on October 26, 2026, as Yahoo Finance reported. Tesla was trading at EUR 365.08 at Lang & Schwarz on October 27, 2026 at 6:03 p.m. CET after the Xetra close.

Third-quarter revenue stayed nearly flat

Tesla reported USD 28.05 billion in revenue for the third quarter of 2026, compared with USD 28.10 billion a year earlier. Adjusted earnings reached USD 0.48 per share, above the USD 0.45 consensus estimate, while vehicle deliveries declined 2.00 percent year over year to 486,532, according to Zacks.

The earnings mix was uneven. Automotive gross margin excluding regulatory credits improved to 18.10 percent from 15.40 percent in the third quarter of 2025, but operating income fell 56.00 percent year over year to USD 718.00 million as operating expenses rose 39.00 percent to USD 4.78 billion.

Tesla trades well inside its yearly range

The primary-market quote was USD 406.75 on Nasdaq on October 27, 2026 at 1:06 p.m. EDT. Tesla's 52-week range was USD 297.38 to USD 498.83, while trading volume stood at 29,038,766 shares.

The euro quotation and the Nasdaq quotation reflect separate venues and currencies. Tesla's market capitalization was USD 1.6 trillion on October 27, 2026, and its trailing P/E ratio was 446.76.

Analyst target meets weaker profits

Barclays' USD 450.00 target sits above the reported Nasdaq price, but the target thesis also carries a clear execution condition. The firm linked its upgrade to Tesla's core business, robotaxi progress and the possibility of a combination with SpaceX, while its downside case was USD 250.00.

Tesla's investor-relations calendar identifies October 21, 2026 as the reporting date for the third quarter. The release said operating cash flow reached USD 6.26 billion, free cash flow was USD 1.53 billion and active Full Self-Driving subscriptions rose 67.00 percent year over year to 1.74 million, according to StockTitan.

What the target means for Tesla

The contrast is direct: Barclays lifted its target while Tesla's third-quarter operating income dropped to USD 718.00 million. For investors, the valuation case therefore depends on whether robotaxi and software investments can expand earnings beyond the current automotive base.

Price after the Xetra close

Tesla was trading at EUR 365.08 at Lang & Schwarz on October 27, 2026 at 6:03 p.m. CET after the Xetra close. The Nasdaq quote stood at USD 406.75 at 1:06 p.m. EDT on the same date.

The further course of trading is shown by the continuously updated real-time quote of Tesla stock.