3 Premier Artificial Intelligence (AI) Stocks That Can Plunge by Up to 96% in 2026, According to Select Wall Street Analysts

Core Viewpoint - The rise of artificial intelligence (AI) is seen as a potential game changer for corporate growth, with projections indicating it could add $15.7 trillion to global GDP by 2030 [2]. However, not all analysts on Wall Street share this optimism, with some predicting significant declines in leading AI stocks [3]. Group 1: Nvidia - Nvidia is recognized as a leader in the AI revolution, with its GPUs being the preferred choice for AI-accelerated data centers [4]. - A majority of Wall Street analysts view Nvidia positively, with 60 out of 64 rating it as a buy or strong buy, while one analyst predicts a price target of $140, suggesting a potential downside of 26% [5][6]. - Concerns have been raised about Nvidia's slowing data center revenue growth and competition from customers developing their own AI solutions, which could impact Nvidia's market share [7]. Group 2: Palantir Technologies - Palantir has experienced significant growth, with shares increasing over 2,500% due to its unique software offerings [10]. - Despite this success, analyst Rishi Jaluria predicts a price target of $50 for Palantir, indicating a potential downside of 70% [11]. - Jaluria has criticized Palantir's high price-to-sales ratio of 110, which is unsustainable compared to historical trends for tech stocks [13]. Group 3: Tesla - Tesla is heavily reliant on AI for its growth strategies, including its full self-driving software and robotaxi program [15]. - Analyst Gordon Johnson has set a price target of $19.05 for Tesla, suggesting a staggering 96% downside [17]. - Concerns about Tesla's CEO Elon Musk's track record of unmet promises and the reliance on unsustainable income sources, such as regulatory credits, raise questions about the company's valuation [18][19].