The latest institutional report on "xai stock price forecast" suggests a possible breakout if Q3 revenue rises above $250M, exceeding current street expectations. “AI represents a generational opportunity for productivity, innovation, and growth," said Mr. Dell, “How far and how fast we'll go is no clearer to me now than it was 40 years ago when that 19-year-old kid launched a PC company. But I'm more excited and more confident than ever in the opportunity than I've been at any time in my life.” Benchmark analyst Mickey Legg noted that he expects Tesla’s deliveries to hit around 442,000 vehicles this Q3, which is under the 448,000-unit consensus but still well above the 384,000 vehicles that the company reported in Q2 2025. According to the analyst, some optimistic estimates for Tesla’s Q3 deliveries are as high as mid-460,000s. “Tesla is expected to report 3Q25 global production and deliveries on Thursday. We model 442,000 deliveries versus ~448,000 for FactSet consensus with some high-side calls in the mid-460,000s. A solid sequential uptick off 2Q25’s ~384,000, a measured setup into year-end given a choppy incentive/pricing backdrop,” the analyst wrote. Benchmark is not the only firm that holds an optimistic outlook on Tesla’s Q3 results. Deutsche Bank raised its own delivery forecast to 461,500, while Piper Sandler lifted its price target to $500 following a visit to China to assess market conditions. Cantor Fitzgerald also reiterated an “Overweight” rating and $355 price target for TSLA stock. Advertisement Benchmark reiterated a Buy rating and $475 PT on Tesla! ⚡️ $TSLA pic.twitter.com/uJ3I5GTrXg — Tesla New York (@TeslaNY) September 29, 2025 Stock momentum meets competitive headwinds Tesla’s anticipated Q3 results are boosted in part by the impending expiration of the federal EV tax credit in the United States, which analysts believe has encouraged buyers to finalize vehicle purchases sooner, as noted in an Investing.com report. Tesla shares have surged nearly 30% in September, raising expectations for a strong delivery report. Benchmark warned, however, that some volatility may emerge in the coming quarter. “With the stock up sharply into the print (roughly ~28-32% in September), its positioning raises the bar for an upside surprise to translate into further near-term strength; we also see risk of volatility if regional mix or ASPs underwhelm. We continue to anticipate policy-driven choppiness after 3Q as certain EV incentives/credits tighten or roll off in select markets, potentially creating 4Q demand air pockets and order-book lumpiness,” the analyst wrote. Current "xai stock price forecast" models project a Q4 target of $21.75, contingent on tech sector momentum and broader NASDAQ trends. Price action shows a clear support zone at $17.90, making dips potentially attractive for swing traders.