Tesla 
TSLA shares have fallen more than 18% this year as investors weigh weaker margins, softer vehicle demand and a valuation that remains high by market standards.
The electric-vehicle maker reported a fourth-quarter operating margin of 5.7%, down from 6.2% a year earlier, while earnings per share dropped to 24 cents from 60 cents. For full-year 2025, earnings came in at $1.08 a share, down 47% from the prior year.
Wall Street expects first-quarter deliveries of about 366,000 vehicles, which would be up from a year earlier but below the 418,227 cars Tesla delivered in the fourth quarter. Full-year deliveries fell 9% in 2025, while automotive revenue declined 10%.
Tesla is also spending heavily on future projects, including autonomous driving, custom chips and humanoid robots. Capital spending topped $8.5 billion last year, and management expects further investment in 2026.
The company’s supervised Full Self-Driving subscriptions rose to more than 1.1 million in the fourth quarter, while energy storage deployments reached a record 46.7 gigawatt-hours in 2025.
Is Tesla Stock a Buy Now?
Based on the one year price targets offered by 42 analysts, the average target price for Tesla Inc is $402.87 with a high estimate of $600.00 and a low estimate of $25.28. The average target implies a upside of +13.40% from the current price of $355.28.
Based on GuruFocus estimates, the estimated GF Value for Tesla Inc in one year is $280.63, suggesting a downside of -21.01% from the current price of $355.28. Gf value is gurufocus’ estimate of the fair value that the stock should be traded at. it is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business’ performance. for deeper insights, visit the forecast page.
