UBS raises target for Tesla stock from USD 385.00 to USD 391.00

Published on 10/09/2026 at 16:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Tesla delivered 486,532 vehicles in the third quarter, above 456,896 expected. Tesla stock costs EUR 343.78 on October 9, 2026 versus EUR 334.53.

Key points in brief

UBS raised its Tesla price target from USD 385.00 to USD 391.00 on October 7, 2026 while keeping a Buy rating.
Tesla delivered 486,532 vehicles in the third quarter of 2026, above the 456,896 analyst estimate.
Tesla stock traded at EUR 343.78 at Lang & Schwarz on October 9, 2026, up 2.77 percent versus the prior close.
Tesla is scheduled to report third-quarter 2026 financial results on October 21, 2026.

Flatlay mit Aktienzertifikat, ISIN-Karte, Spielzeugauto, Batteriezelle und Solarmodul — Flatlay mit Aktienzertifikat und ISIN-Karte US88160R1014 präsentiert Tesla Inc. neben Batteriezelle und Solarmodul, Illustration mit AI erstellt.

Tesla (ISIN US88160R1014) was trading at EUR 343.78 at Lang & Schwarz on October 9, 2026 at 4:14 p.m. CEST, up 2.77 percent from the EUR 334.53 prior close. On October 7, 2026, UBS analyst Joseph Spak raised the Tesla price target from USD 385.00 to USD 391.00 while keeping a Buy rating, as Markets Insider reported.

What does the delivery beat mean?

Tesla delivered 486,532 vehicles in the third quarter of 2026, compared with an analyst average of 456,896. The 29,636-vehicle gap shows that the delivery result exceeded expectations, although the company produced 464,391 vehicles and therefore drew on inventory. Reuters reported the comparison on October 2, 2026, while Tesla disclosed 13.7 gigawatt-hours of energy storage deployments in its release dated October 2, 2026.

The operating picture is mixed rather than purely volume driven. Tesla's third-quarter deliveries were above the estimate, but the reported figure remains below the 497,099 vehicles delivered in the third quarter of 2025, making the upcoming financial release important for margins and cash generation.

Three figures frame the recovery

For the quarter ended June 30, 2026, Tesla reported USD 28.236 billion in revenue, up from USD 22.496 billion in the year-ago quarter, while operating income was USD 398.0 million. These figures show that revenue growth did not translate into comparable operating-profit growth. The period figures are listed by Screeners.

Chronology points to October 21

For the quarter ended March 31, 2026, Tesla recorded USD 22.387 billion in revenue and USD 941.0 million in operating income. For the quarter ended June 30, 2026, revenue rose to USD 28.236 billion while operating income fell to USD 398.0 million. On October 2, 2026, Tesla reported 486,532 third-quarter deliveries, 464,391 vehicles produced and 13.7 gigawatt-hours of storage deployments in its investor release.

Next date and valuation

Tesla's next scheduled reporting date is October 21, 2026, when it plans to publish third-quarter financial results after the market close and hold a webcast at 5:30 p.m. Eastern Time, according to Tesla Investor Relations. The finance data snapshot places Tesla's market capitalization at USD 1,528.2 billion on October 9, 2026, while the 52-week range is USD 297.38 to USD 498.83.

Stock trades above prior close

Tesla stock was trading at EUR 343.78 at Lang & Schwarz on October 9, 2026 at 4:14 p.m. CEST, up 2.77 percent versus the EUR 334.53 prior close at Lang & Schwarz on October 8, 2026. The further course of trading is shown by the continuously updated real-time quote of Tesla stock.