2 Game-Changing AI Stocks That Can Plunge 48% and 54%, According to Select Wall Street Analysts
Despite widespread bullish sentiment on AI stocks, select Wall Street analysts have issued bearish outlooks on two major AI players. SpaceX faces a potential 48% downside due to concerns about its AI segment's unsustainable spending, steep losses, and expiring compute deals with major clients. Palantir Technologies could plunge 54% according to one analyst, primarily due to its extremely elevated valuation with a P/S ratio of 72, which historically hasn't been sustainable for innovative companies.