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