Tesla, Inc. (NASDAQ:TSLA) is one of the 10 AI Stocks Analysts Are Watching. On February 9, Barclays reiterated the stock as “Equal Weight,” stating that TSLA remains a “battleground stock.”
“Remains battleground stock. Investors broadly acknowledge value is extreme and near-term fundamentals remain in question, but this is increasingly of less relevance to the stock”
Previously on February 4, Wolfe Research noted that it sees Tesla’s robotaxi business scale into a major revenue driver over the next decade. The firm eyes a “catalyst rich” year ahead for the company despite fundamental concerns.
Several potential catalysts, including the Optimus launch in Q1, Cybercab in April, new robotaxi markets, FSD updates, and a new Megapack facility launch, were highlighted by the firm.
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Analysts on Wall Street have a consensus “Buy” rating on the stock. The average price target of $480 implies a 14.26% upside; however, the Street-high target of $600 implies an upside of 42.82%.
Tesla, Inc. is an automotive and clean energy company that leverages advanced artificial intelligence in its autonomous driving technology and robotics initiatives.
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This article is originally published at Insider Monkey.
