10 AI Stocks Jim Cramer and Analysts are Watching

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1. GitLab Inc. (NASDAQ:GTLB)

Average Upside Potential: 42.72%

Number of Hedge Fund Holders: 52

GitLab Inc. (NASDAQ:GTLB) is one of the 10 AI stocks that Jim Cramer and analysts are watching. On June 11, Macquarie reduced its price target on GTLB from $90 to $75 while maintaining an Outperform rating. The analyst described the company’s Q1 results as underwhelming, citing a modest $1.5 million revenue beat and no revision to full-year revenue guidance.

The firm attributed the weaker performance to a higher proportion of SaaS revenue and back-end linearity. Despite these factors, Macquarie pointed to stable RPO metrics as evidence of continued momentum, although deal composition and timing remain inconsistent. The firm also stated that it continues to view GitLab’s DevOps platform as compatible with the increasing use of AI-driven coding tools.

The company also received a comment from Cramer on June 11 when he said:

“Yeah, I thought that GitLab, frankly, I was prepared for disappointment, and I got it. This kind of collaborative software, enterprise software stock, I don’t want right now… You know, I like an Oracle, which is going up, but that’s data center. I don’t want, I just do not want enterprise software. I think they’re all too expensive.”

GitLab (NASDAQ:GTLB) provides a unified platform that supports every stage of the software development lifecycle. The platform allows teams to plan, build, secure, and deploy applications across different cloud environments. It also delivers professional services and training.

While we acknowledge the potential of GitLab Inc. (NASDAQ:GTLB) as an investment, our conviction lies in the belief that 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 GTLB and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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