After such a meteoric rise, you might think that Wall Street analysts would advise shareholders to trim their positions and lock in some gains. However, veteran analysts Dan Ives of Wedbush Securities and Mariana Perez Mora of Bank of America remain two of the strongest Palantir bulls on Wall Street.

For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds. The hedge fund data is as of Q4 2024.

Key Takeaways This week’s post-earnings losses brought Nvidia's stock near the January lows that came after a DeepSeek-driven plunge. Analysts have largely remained bullish, pointing to Nvidia's strong outlook on the back of growing AI demand.

Lee Simpson at Morgan Stanley has set Arm with a bull-case target price of $300 per share. That implies 120% upside from its current share price of $136. Meta Marshall at Morgan Stanley has set Axon with a bull-case target price of $1,150 per share. That implies 135% upside from its current share price of $488.

With the world making significant strides in artificial intelligence, some countries are concerned about the key figures leading these efforts.