11 Best Falling Stocks to Buy According to Wall Street Analysts

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1. Kodiak AI, Inc. (NASDAQ:KDK

Year to date returns: -45.31%

52 Week Range: $5.77 – $10.48

Current Share Price: $6.00

Stock Upside Potential: 139.67%

Number of hedge fund holdings: 13

Kodiak AI, Inc. (NASDAQ:KDK) is one of the best falling stocks to buy, according to Wall Street analysts. Kodiak AI, Inc. (NASDAQ:KDK) currently holds a Strong Buy consensus from five analysts, all of whom have issued Buy ratings. Over the past three months, the average twelve month price target has come in at $14.38, with estimates ranging from $13.00 to $17.00. From a recent share price of $6.00, this would imply a possible gain of 139.67%.

On November 13, Itay Michaeli at TD Cowen reiterated a Buy rating and a $14 target, while Cantor Fitzgerald kept its Overweight rating and a $13 target, reflecting steady confidence in the company’s outlook.

Cantor Fitzgerald also pointed to Kodiak’s growing momentum in the autonomous trucking space. By the third quarter, the company had logged more than three million autonomous miles and delivered over ten thousand commercial loads. The firm drew particular attention to Kodiak’s major achievement in fiscal year 2024, when it became the first to roll out customer-owned driverless trucks through its partnership with Atlas. This effort includes 100 trucks equipped with Kodiak’s autonomous system operating in the Permian Basin.

Looking forward, Cantor expects 15 driverless truck deployments in 2025 and 70 in 2026, backed by regulatory clearance in twenty four states that allow self driving vehicles.

Kodiak AI, Inc. (NASDAQ:KDK) builds autonomous driving technology and related services for the trucking industry. Its core system, the Kodiak Driver, brings automated capability to entire fleets, while Kodiak OnTime offers tools that help customers manage and integrate the technology. The company provides freight transportation using autonomous trucks and offers driver as a service options for both private operators and public sector clients.

While we acknowledge the potential of Kodiak AI, Inc. (NASDAQ:KDK) 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 KDK and that has 100x upside potential, check out our report about the cheapest AI stock.

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