From Nasdaq:

Since AI stocks have taken over the investing world, the share price gains among the major players like Nvidia and Meta Platforms have led to concerns about their valuations. Even though software specialist Palantir Technologies exceeded expectations in its latest earnings report, Wall Street remains lukewarm about its prospects.

Beyond the regular AI stocks, analysts recommend three AI software stocks for potential growth. Dynatrace Inc. offers cloud operations, DevOps, and IoT monitoring. The stock has seen a dip of 4.9% this year and offers an 18.5% upside potential, with an overall “Strong Buy” rating from analysts.

Symbotic Inc. focuses on automation to improve warehouse management. With a stock that quadrupled in value in 2023 and an array of AI-powered solutions, it reported a 79% YoY rise in revenue and earns a consensus “Moderate Buy” rating with a 19% upside potential from the analysts.

FiscalNote Holdings Inc. uses AI and machine learning to offer workflow tools and analytics. With a narrower loss than the year before, it is expected to report positive results in its next earnings release in March. Analysts are optimistic, offering a “Moderate Buy” rating and a 160% upside potential.



Read more: 3 Top AI Software Stocks That Aren’t Palantir