Goldman Sachs Raises Tesla Q2 Delivery Forecast to 420K, Maintains Neutral Rating

According to Goldman Sachs analysts led by Mark Delaney, on June 15, the investment bank raised Tesla's Q2 2026 delivery forecast to 420,000 units from 405,000, above the Visible Alpha consensus of 400,000 units. The analysts attributed the upward revision to stronger European demand and improved China sales offsetting U.S. market weakness.

Goldman Sachs also raised its full-year 2026 delivery forecast to 1.73 million units from 1.72 million and increased 2026 earnings per share guidance to $1.35 from $1.30, while maintaining its Neutral rating with a twelve-month price target of $375, implying approximately 8.8% downside from the report date price of $411.15.