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Cathie Wood's Ark expects Tesla stock to reach $3000 by 2025

Published 03/20/2021, 03:48 PM
Updated 03/20/2021, 03:50 PM
© Reuters. FILE PHOTO: Man walks by Tesla Model 3 sedans and Tesla Model X sport utility vehicle at a new Tesla showroom in Shanghai

(Reuters) - Cathie Wood's Ark Invest said it expects Tesla (NASDAQ:TSLA) Inc's share price to reach the $3,000 mark by 2025.

Ark expects Tesla's market capitalization to reach as high as $4 trillion in the best-case scenario, according to a research note published https://ark-invest.com/articles/analyst-research/tesla-price-target-2/?utm_content=158811501&utm_medium=social&utm_source=twitter&hss_channel=tw-2398137084 on Friday.

The investment management firm set the price target for Tesla at $1,500 per share on a bear basis by 2025 and $4,000 per share on a bull basis.

Last year, Ark Invest said it expected the company's stock to hit $7,000 per share, or $1,400 when adjusted for its five-for-one stock split, by 2024.

From last year, when Ark published its previous note on Jan. 31, 2020, Tesla's stock rose as much as 400% to $654.87 as of Friday's close.

Ark Invest also increased the probability of the electric car maker achieving fully autonomous driving within five years, and said the company's net autonomous ride-hail revenue could be as much as $327 billion by 2025. It expects Tesla's electric vehicle revenue to reach between $234 billion and $367 billion by 2025.

Tesla is the largest holding of the high-flying $26.6 billion ARK Innovation exchange-traded fund and fund operator Wood, Ark's chief executive, has been a longtime Tesla bull.

Latest comments

ya by 2025. tesla cars dont need batteries anymore.
She bought at 900+ of course she is pumping. Influencing too much, this people must be investigated by SEC.
She started ARK in 2014 and bought Tesla in the 100's presplit, but okay...
never get high on your own supply
Undervalued..
LOL!  I'm so glad this person is not my financial advisor.
her biggest position is Tesla of course she would say that.
She was calling for a 4000 price target (800 post split) in 2018 when it was trading in the 300's... There's a reason it's her biggest holding...
This lady belongs in prison for pumping these bubble stocks
just like musk one pumping Bitcoin and doge
She needs to pump her bags, how desperate lol
I think she's doing fine. She doesn't need to pump any bags, just someone who's passionate about disruptive innovation.
800 monday lol
She thinks she's so smart. Worthless ETF with all tech trash in it
1. Wow you sound like you know her personally! I've only seen her present her thesis based on the research her and her team have done.  2. Her worthless etf's had almost all doubled. 3. Tech trash that's doubled, tripled, quadrupled. Hmmm...sounds like a hater. What were you invested in this year, I wonder?
lol she even said herself that the crash is coming.
she must be planning on buying a lot more.
she should not take too much weeds.
Brooklyn Bridge NFT for sale... just hit me up
She got invested in Tesla a lot. if tesla got more ban after chinese or any other sort of restriction, then tesla would be less than $100. it can be the case she is saving her self from losses as she is giving a hope to people to buy Tesla.
More restrictions in China would be a big blow, but it ain't gonna cause the stock to go from 600's to under 100...
yeah good 1
scam artist.... pity those retail investors, NASDAQ is going to crash badly, possible 50% in the next 2 months. Cathie wood has no moral values to come out with these type of projections at this point.... no moral compass at all. I have never despised her until this point because she knows crash is coming and she has the audacity to publish these projections.
hes referring to rising bond yields and inflation crashing the market. A professional like cathy woods knows this and is imploring retail to buy at rediculoius valuations lol.
at these prices it's ridiculous to buy in. she's a Ponzi schemer like the rest of them
These projections are for 2024...long term investors.
haha.. maybe ARKK reach to 30 this month
Bitxx, liar
Criminal. Luring of retailers.
Maybe go down $300 this year
She's called for 65%+ gains for 3 consecutive years, states by 2025. What a hoot! 🎯👨‍🎓
She undervalued TSLA..
Like a butcher approving it's own meat ;) ..... No substantiaton of fundamentals at all ;) ....
lol, wait for the 13 series reports to come out to find out she's not being honest. After they dump, she will come up with some lame excuse of why she changed her mind and still won't tell the truth. 🎯👨‍🎓
go to their website as they publish daily what they buying and selling on all their etf. no need to wait for filling...
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