10 Worst Artificial Intelligence Stocks Under $30 According to Short Sellers

9. Braze Inc. (NASDAQ:BRZE)

Braze Inc. (NASDAQ:BRZE) is one of the 10 worst artificial intelligence stocks under $30 according to short sellers.

The broader consensus sentiment around the stock remained strongly bullish as of the close of June 23. The stock currently offers more than 75% upside potential, based on a median 1-year price target of $35.07, amid heightened interest from short sellers.

Back on May 29, Tyler Radke from Citi decreased the target price on Braze Inc. (NASDAQ:BRZE) from $49 to $48 while maintaining his Buy rating on the stock. The revised target price still represents an upside potential of almost 150% at the prevailing level.

Radke noted that with the ongoing AI-linked developments, the company appears to have resilient fundamentals. He also acknowledged its recent earnings announcements as encouraging.

Earlier on May 28, Mizuho also decreased the target price on Braze Inc. (NASDAQ:BRZE) from $40 to $32, while reiterating an Outperform rating on the stock. The firm attributed its price target cut to several contractions recently.

However, it also acknowledged the company’s first-quarter results as strong. Mizuho highlighted that Braze’s AI offerings are gaining traction, with strong customer adoption easing concerns around AI-related risks.

Braze Inc. (NASDAQ:BRZE) facilitates communication between brands and consumers worldwide through its customer engagement platform. Some of its services include data ingestion, online notifications, and interstitial messages. The company also helps brands sync and transform consumer data in a structured way.