From Nasdaq: 2024-04-09 05:06:00

Artificial intelligence (AI) continues to be a hot trend in the global economy, with PwC projecting a $15.7 trillion boost by 2030. However, not all AI stocks are expected to perform well. Five AI stocks, including Nvidia, Super Micro Computer, Tesla, MicroStrategy, and Palantir Technologies, have received low-water price targets from Wall Street analysts, suggesting potential declines of up to 86%.

Nvidia, a major player in the AI infrastructure space, could see a 30% drop in its stock price according to analysts. Super Micro Computer, which integrates Nvidia GPUs in its servers, faces a potential 74% decrease. Tesla, the leading electric vehicle manufacturer, could see an 86% plunge amidst challenges with declining EV demand. MicroStrategy, known for its Bitcoin holdings, may experience an 85% decline. Palantir Technologies, a data-mining company, faces a potential 78% downside due to concerns about its Commercial segment.

While these AI stocks have shown strong growth in recent years, analysts are cautious about their future performance due to various factors, including market dynamics, competition, and potential growth limitations. Investors should consider all these factors before making investment decisions in the AI sector.

Read more at Nasdaq: 5 Artificial Intelligence (AI) Stocks That Can Plunge Up to 86%, According to Select Wall Street Analysts