What will Tesla stock be worth in 2050?
Long-term predictions suggest Tesla stock could hit highs of $3,360 by 2050 (S&P 500 growth rate) or potentially soar to $8,873 (QTEC growth rate).
He forecasts Tesla stock to gain about 550% to hit $1,200 a share by 2030, and for SpaceX to triple in valuation over the same period, according to a recent interview conducted by Bloomberg. Baron runs the Baron Focused Growth Fund, which counted Tesla and SpaceX as its largest holdings as of December 31, 2023.
From a fiscal-2023 base, we forecast Tesla earnings per share grow at a 27% compound annual growth rate through fiscal 2030, achieving $5/share in late fiscal 2025, $10/share in late fiscal 2027, and $15/share by mid fiscal 2029.
The newest price target for Tesla shares for Tesla came in April 2023, with a call for the stock price to hit $2,000 in 2027 and the company's market capitalization to hit $4.4 trillion. The bear-and-bull case for Tesla stock from Ark Invest are $1,400 and $2,500, respectively, for the same time period.
Tesla Inc. is poised to join the trillion-dollar club next year, defying growing Wall Street skepticism regarding electric vehicle demand, according to Wedbush analyst Dan Ives.
The S&P 500 index had an average annual return of 11.13% between 1973 and 2023. If Tesla stock were to grow at this average rate until 2040, TSLA stock would be worth $1,169 in 2040.
If you invested $10,000 with founder Elon Musk 10 years ago, your stake would be worth $2.1 million now. That works out to a more than 70% average annual return. The same $10,000 put into the S&P 500 during that time grew just 274% to $37,376. That's just 14% compounded annually.
According to the estimates cited above, Tesla stock could be worth between $564 and $2,326.138 a share in the next five years, implying potential over 1,000% gains based on the last closing price of $181.41, though this seems an ambitious target.
With its 3-star rating, we believe Tesla's shares are fairly valued compared to our long-term fair value estimate. In 2024, we forecast Tesla will see a far slower growth rate, with deliveries increasing just 10% to a little under 2 million, from a little over 1.8 million in 2023.
Tesla shares have been a huge winner for investors mainly due to the company's incredible growth. But one thing is certain: It will be more difficult for Tesla to achieve the rapid growth that it did in the past in the years ahead. That's because competition in the EV industry will only get more intense.
Can Apple stock reach $1,000?
It's possible that Apple stock will reach $1,000 as it continues to launch new products and diversify into various sectors. However, based on its history, it's more likely that the company will perform a stock split before its stock hits $1,000.
Tesla stock jumped back above $1,000, gaining for a seventh straight session, and without much news, even while the rest of the market is in the red. Late Wednesday morning, Tesla (ticker: TSLA) shares were at $1,029.60, up $35.62 or 3.6%.
According to the latest long-term forecast, Tesla price will hit $250 by the end of 2024 and then $350 by the end of 2026. Tesla will rise to $450 within the year of 2027, $500 in 2028, $600 in 2029, $700 in 2032 and $800 in 2035.
With 2023 in the rearview mirror, analyst consensus now has 2024 Tesla earnings below 2023's level, signaling another year of negative growth for this growth stock. Wall Street expects Tesla earnings per share of just $3.07 a share in 2024, according to FactSet. That would be a 1% decline vs. last year's $3.12.
To reach $500 by 2025, Tesla needs to just about double from these price levels. Given the kind of returns that it has delivered in the past – including the 743% rise in 2020 – the price level does not seem unreasonably astronomical, and could be achieved if Tesla delivers on the 50% shipment growth and FSD.
Some estimate he lost up to $200 billion, Guinness said at the time. The 2022 dip was also attributed to poor performance of Tesla stock, which plummeted 65% in 2022, according to Guinness. Musk's acquisition of Twitter also cost him a pretty penny.
Amazon stock forecast for 2040
Between 2013 and now, AMZN's price has increased from $13.3 to $169.8 per share. If we were to project its historical price performance onto future price movements using our profit calculator, the price of Amazon would increase to $8,363 by 2040.
Using tech-fcoused QTEC index's 17.5% historical growth rate, Apple's stock is projected to hit $3,040 in 2040 and $15,250 in 2050. Short-term prediction for 2024-2025 indicates significant fluctuations, with Apple's stock potentially reaching a new ATH of $234 before retracing to sub-$170 price levels.
| 2024 | 2050 | |
|---|---|---|
| AMZN stock forecast (S&P 500 avg. annualized return of 10.15%) | $138.6 | $1,886 |
| AMZN stock forecast (NASDAQ 100 avg. annualized return of 17.2%) | $147 | $10,715 |
If you had invested in Netflix ten years ago, you're probably feeling pretty good about your investment today. According to our calculations, a $1000 investment made in February 2014 would be worth $9,138.15, or a gain of 813.81%, as of February 12, 2024, and this return excludes dividends but includes price increases.
What if you invested $10,000 in Amazon 10 years ago?
Amazon shares have soared 612% in the last 10 years alongside its immense success, even taking into account the sell-off in 2022. As a result, those who bought $10,000 worth of Amazon's stock in January 2013 would have $78,138.51 today, with an annual rate of return of 22.42%.
With all of this in mind — considering a $251.34 share price at the time of publication — an initial $1,000 investment on June 22, 2012, would be worth more than $1.73 million today. Tesla has revolutionized the electric vehicle market in 20 years.
The average price target for Tesla is $218.57. This is based on 34 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $345.00 ,the lowest forecast is $23.53. The average price target represents 20.72% Increase from the current price of $181.06.
Looking ahead, it is anticipated that the revenue will continue to grow at an annual rate of -0.53% from 2024 to 2028 (CAGR 2024-2028). As a result, the projected market volume for None is estimated to reach US$78bn by 2028. Furthermore, the unit sales for None are expected to reach 1,293.0k vehicles in 2028.
Analysts are not too bullish on Tesla heading into 2024, given that its mean target price of $237.68 is below current prices. That said, it's quite common for Tesla to trade above its mean target price, and the stock has done so multiple times over the last few years.
