Wall Street Thinks These 3 Top Artificial Intelligence (AI) Stocks Still Have Plenty of Room to Run -- but Nvidia Isn't One of Them
Nvidia (NASDAQ: NVDA) blew nearly everyone away with its fourth-quarter results last week. The stock continued a surge that began in late 2022.
Many analysts, though, are skeptical about just how much higher Nvidia can go. The average analysts' 12-month price target for the stock is 7% below the current share price. However, Wall Street thinks that three other artificial intelligence (AI) stocks still have plenty of room to run.
(NASDAQ: ADBE) hasn't delivered nearly the level of gains that Nvidia has. However, shares of the software company are still up more than 50% over the last 12 months. The consensus on Wall Street is that Adobe could perform very well going forward.
Source Fool.com
Adobe Inc. Stock
The stock is one of the favorites of our community with 59 Buy predictions and 2 Sell predictions.
With a target price of 588 € there is a slightly positive potential of 17.65% for Adobe Inc. compared to the current price of 499.8 €.