Tesla, Inc. (NASDAQ:TSLA) is one of the 10 AI Stocks Analysts Are Watching. On February 9, Barclays reiterated the stock as “Equal Weight,” stating that TSLA remains a “battleground stock.”
“Remains battleground stock. Investors broadly acknowledge value is extreme and near-term fundamentals remain in question, but this is increasingly of less relevance to the stock”
Previously on February 4, Wolfe Research noted that it sees Tesla’s robotaxi business scale into a major revenue driver over the next decade. The firm eyes a “catalyst rich” year ahead for the company despite fundamental concerns.
Several potential catalysts, including the Optimus launch in Q1, Cybercab in April, new robotaxi markets, FSD updates, and a new Megapack facility launch, were highlighted by the firm.
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Analysts on Wall Street have a consensus “Buy” rating on the stock. The average price target of $480 implies a 14.26% upside; however, the Street-high target of $600 implies an upside of 42.82%.
Tesla, Inc. (NASDAQ:TSLA) is an automotive and clean energy company that leverages advanced artificial intelligence in its autonomous driving technology and robotics initiatives.
While we acknowledge the potential of TSLA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.