10 AI Stocks Analysts Are Watching

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1.  Alphabet Inc. (NASDAQ:GOOGL)

Number of Hedge Fund Holders: 219

Alphabet Inc. (NASDAQ:GOOGL) is one of the 10 AI Stocks Analysts Are Watching. On January 22, TD Cowen analyst John Blackledge reiterated a Buy rating on the stock with a $355.00 price target. The firm cited accelerated market expansion plans for the company’s autonomous vehicle unit Waymo.

In an investor note, the firm said that it is raising its Waymo estimates to reflect an accelerating pace of market launches in 2026. It now anticipates that an estimated 6000 vehicles will be offering paired rides across 17 cities by the end of 2026.

These will lead to 28 million paid rides and gross bookings of $463 million, equivalent to about 0.7% of the US rideshare market. Besides the 12 expected city launches in 2026, Waymo is also testing several other markets, TD Cowen noted.

We left GOOG est’s unchanged; PT remains at $355.

Alphabet Inc. (NASDAQ:GOOGL) is an American multinational technology conglomerate holding company wholly owning the internet giant Google, amongst other businesses.

While we acknowledge the potential of GOOGL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than GOOGL and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 11 AI Stocks Analysts Are Watching Closely and 10 Buzzing AI Stocks Analysts are Watching

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