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3 Premier Artificial Intelligence (AI) Stocks That Can Plunge by Up to 86% in 2025, According to Select Wall Street Analysts
The Motley Fool· 2025-01-07 10:06
AI Stocks Overview - Not all early-stage risers in AI are guaranteed to be long-term winners, as evidenced by the mixed outlook on Wall Street [1][2] - AI technology enables software and systems to make split-second decisions without human intervention, with wide-reaching utility across industries [2] - Three premier AI stocks are expected to see significant declines in 2025, based on low-water price targets from Wall Street analysts [3] Super Micro Computer (SMCI) - Super Micro Computer is expected to see a 55% decline in 2025, with a price target of $15 per share [4] - The company is well-positioned to benefit from the AI revolution, with net sales surging 110% to nearly $15 billion in fiscal 2024 [5] - Super Micro Computer utilizes Nvidia's GPUs in its rack servers, enhancing their desirability [6] - The company faced allegations of "accounting manipulation" in a research report by Hindenburg Research, though an independent committee found no evidence of misconduct [7] - Competition in data center infrastructure is increasing, suggesting a cautious approach is warranted [8] Palantir Technologies (PLTR) - Palantir Technologies may see an 86% decline in 2025, with a price target of $11 per share [9] - The company's stock has gained 1,140% over the past two years, driven by its unique operating model and AI-driven platforms (Gotham and Foundry) [9][11] - Palantir has shifted to recurring profitability ahead of schedule, supported by multiyear contracts with the U.S. government [12] - The company's valuation is a concern, with a price-to-sales (P/S) ratio of nearly 73, which is historically unsustainable [14] - Long-term growth for Gotham is limited by geopolitical restrictions, as non-allies of the U.S. are unlikely to gain access [13] SoundHound AI (SOUN) - SoundHound AI is forecasted to decline by 66% in 2025, with a price target of $7 per share [16] - The company has seen parabolic growth, driven by its position in the next stage of AI evolution, particularly in AI voice recognition and conversational technologies [17] - Sales grew 89% in Q3 2024, with revenue diversification reducing reliance on its largest customer [18] - SoundHound AI is not profitable and is burning through cash, with $75.7 million used in operating activities in the first nine months of 2024 [19] - The company's valuation is concerning, with a P/S ratio of 94, indicating an unsustainable recent climb in share price [20] - Historical trends suggest that early-stage innovations often face overestimation and eventual corrections, which could impact SoundHound AI [21]
Should Value Investors Buy Premier (PINC) Stock?
ZACKS· 2024-12-23 15:46
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics a ...
Ascot Restarts Mine Development at Premier Northern Lights
GlobeNewswire News Room· 2024-12-04 13:29
VANCOUVER, British Columbia, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Ascot Resources Ltd. (TSX: AOT; OTCQX: AOTVF) (“Ascot” or the “Company”) is pleased to announce that the Company has started mobilizing people and equipment to begin the underground development of the Premier Northern Lights mine (“PNL”). Following the close of the recent financing on November 18th, 2024, the Company has started erecting the head cover for the PNL portal and is moving people and equipment back to the site to begin the developmen ...
Premier American Uranium Announces Management Change
GlobeNewswire News Room· 2024-11-29 22:00
TORONTO, Nov. 29, 2024 (GLOBE NEWSWIRE) -- Premier American Uranium Inc. (“PUR”, the “Company” or “Premier”) (TSXV: PUR) (OTCQB: PAUIF) announces that David Suda, President of the Company, has resigned from his position effective December 1, 2024, to pursue other opportunities. Colin Healey, CEO of PUR, commented, “On behalf of the Board of Directors and the entire Company, I would like to extend our sincere gratitude to David for his leadership and dedication during his time with the Company. His contribut ...
Premier, Inc. (PINC) Hit a 52 Week High, Can the Run Continue?
ZACKS· 2024-11-26 15:20
Have you been paying attention to shares of Premier, Inc. (PINC) ? Shares have been on the move with the stock up 15.2% over the past month. The stock hit a new 52-week high of $23.56 in the previous session. Premier, Inc. has gained 3.6% since the start of the year compared to the 1% move for the Zacks Medical sector and the -6.1% return for the Zacks Medical Services industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnin ...
SL Green and Mori Building Co., Ltd. Complete Investment in One Vanderbilt Avenue
GlobeNewswire News Room· 2024-11-21 21:05
NEW YORK, Nov. 21, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE:SLG), New York’s largest owner of office properties, today announced that it closed on the sale of an 11.0% interest in One Vanderbilt Avenue to Mori Building Co., Ltd, Japan’s leading urban landscape developer. The investment was completed at a gross valuation of $4.7 billion for the iconic property. After completion of the transaction, SLG maintains a 60.0% stake in One Vanderbilt Avenue. “One Vanderbilt is a globally-renowned and arc ...
Premier Graphene Completes Joint Venture with Leading Technology and Systems Development Company Isatek S.A. de C.V.
GlobeNewswire News Room· 2024-11-20 11:00
EL CENTRO, Calif., Nov. 20, 2024 (GLOBE NEWSWIRE) -- Premier Graphene Inc. (OTC PINK: BIEI), formerly Premier Biomedical Inc., announced today the completion of a joint venture between publicly traded Premier Graphene and Isatek SA de CV and two other parties. With over three decades of operational growth, Isatek SA de CV is at the forefront of technology and systems development in Mexico. Isatek SA de CV is also a pioneer in the development of blockchain technology in Mexico. Founded by Mexican businessman ...
Is Premier Foods (PRRFY) Stock Undervalued Right Now?
ZACKS· 2024-11-19 15:45
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.In addition t ...
Is Premier (PINC) Stock Undervalued Right Now?
ZACKS· 2024-11-19 15:45
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics a ...
Ascot Closes US$7.5 Million and C$42 Million in Additional Funding for Restart of the Premier Gold Project
GlobeNewswire News Room· 2024-11-18 14:21
Not for distribution to U.S. news wire services or dissemination in the United States. VANCOUVER, British Columbia, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Ascot Resources Ltd. (TSX: AOT; OTCQX: AOTVF) (“Ascot” or the “Company”) is pleased to announce that the Company has closed the previously announced senior secured debt financing and amendments (the “Debt Financing”), including approximately US$7.5 million from Sprott Private Resource Streaming and Royalty (B) Corp, (“Sprott Streaming”). In addition, the Compa ...