Baird Lowers Price Target on Tesla, Maintains Long-Term Bullish Outlook

Baird has lowered its price target on Tesla (TSLA) from $538 to $522 while maintaining an 'Outperform' rating, citing near-term caution but long-term optimism. Tesla reported Q1 2026 revenue of $22.39 billion, up 16% YoY, but missed EPS expectations. The firm highlights Tesla's long-term growth potential from its product pipeline, including autonomy and robotaxi projects.

By Talha Qureshi Tue, April 28, 2026 at 8:51 PM GMT+3 2 min read · Yahoo Finance · April 28, 2026, 17:51 UTC

Tickers: $TSLA

Topics: AI stocks Baird earnings price target stock analysis Tesla

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