Morgan Stanley Raises Tesla Stock Price Target to $840 on Semi

The Tesla stock price target just moved higher, and it happened for a reason most people weren’t expecting. Morgan Stanley raised its bull case on TSLA stock, and this new Tesla stock price target 2026 call of $840 a share reflects the Tesla Semi’s software business rather than the passenger car lineup. This update on the Tesla stock price target also gives investors a fresh Tesla stock forecast to weigh against the firm’s base case, which, at the time of writing, is still sitting at $400.

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Tesla Stock Price Target Rises as Morgan Stanley Backs Semi

Morgan Stanley analyst Andrew Percoco raised his bull-case Tesla stock price target by $20, up to $840, after going back through his numbers on the Semi. The base case stayed put at $400 with an Equal-Weight rating, so this is more of a scenario shift than a change to Morgan Stanley’s core read on TSLA stock Morgan Stanley analysts have been giving lately.

Andrew Percoco said:

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