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2 Popular AI Stocks to Sell Before They Fall 53% and 58%, According to Wall Street Analysts

The Motley Fool·
2 Popular AI Stocks to Sell Before They Fall 53% and 58%, According to Wall Street Analysts

Wall Street analysts warn that Palantir Technologies and Space Exploration Technologies (SpaceX) are significantly overvalued despite strong recent performance. Jefferies analyst Brent Thill has a sell rating on Palantir with a 53% downside target, citing concerns about underinvestment and an extreme valuation of 68x sales. Morningstar analyst Nicolas Owens similarly rates SpaceX a sell with a 58% downside target, warning the stock is priced for perfection at 94x sales while the company burns cash rapidly.

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