Consumer Discretionary | Equity Research | February 19, 2026
Target: $182.75
$175.0
10.9x
$16.02
1.39%
Conviction: Low
Tesla maintains industry-leading EV margins but faces increasing competition from Chinese OEMs. FSD technology remains a high-potential wildcard. Tesla Inc. is positioned to benefit from secular tailwinds in the Consumer Discretionary industry.
Risks: Price cuts to maintain volume are compressing margins. Key man risk regarding leadership bandwidth is a persistent investor concern.
| Year | 2022 (A) | 2023 (A) | 2024 (A) | 2025 (E) | 2026 (E) | 2027 (E) |
|---|---|---|---|---|---|---|
| Revenue | $268.1 | $292.1 | $308.6 | $327.9 | $349.5 | $380.5 |
| Consensus Rev | - | - | - | $331.2 | $341.5 | $392.4 |
| System Rev | - | - | - | $332.0 | $344.9 | $374.3 |
| EBITDA | $93.9 | $91.1 | $103.8 | $90.3 | $116.7 | $165.1 |
| EPS | $14.49 | $14.05 | $16.02 | $13.93 | $18.0 | $25.47 |
Breakdown: 10 Buy / 10 Hold / 5 Sell
The street remains generally sellish on the name.