Analysts See Strong Growth Potential for AI Stocks Like Baidu and Mobileye, But Question Lofty Targets for Tesla and Mobileye
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Nvidia may not offer the highest upside among AI stocks; analysts see 52% potential upside to $1,200 per share.
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Baidu has strong growth potential in AI cloud and autonomous vehicles; one analyst sees 89% upside to $210 per share.
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Mobileye Global is growing rapidly in advanced driver assistance systems (ADAS); one analyst estimates 203% upside to $72 per share.
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Tesla relies heavily on AI for autonomous driving; one analyst sees 64% upside for the stock to $315 per share.
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Competition and other headwinds make the lofty price targets for Tesla and Mobileye Global seem overly optimistic.