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2 Standout AI Stocks That Can Plunge Up to 93%, According to Select Wall Street Analysts
The Motley Fool·
While AI remains Wall Street's hottest trend, select analysts are bearish on two prominent AI stocks. Palantir Technologies faces a potential 59% downside to $80 per share due to unsustainable growth and an extremely high P/S ratio of 82. Tesla could plummet 93% to $24.86 per share, with concerns over unfulfilled promises regarding Full Self-Driving technology and an unjustifiable forward P/E multiple of 172 given its expected low-double-digit growth.
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