2 Game-Changing AI Stocks That Can Plunge 48% and 54%, According to Select Wall Street Analysts

Two high-profile AI stocks face steep downside risk from select Wall Street analysts despite broader bullish sentiment on the sector. SPCX could drop 48%, driven by concerns over unsustainable spending in its AI segment, steep losses, and expiring compute deals with major clients. PLTR draws an even sharper bearish call, with one analyst projecting a potential 54% plunge tied to extreme valuation—the company trades at a price-to-sales ratio of 72, a multiple analysts say has proven unsustainable for innovative companies historically.

The bearish calls stand in contrast to the prevailing optimism around artificial intelligence investments, highlighting growing concern that valuations have outpaced fundamentals. For SPCX, the worry centers on operational metrics: AI-related capital expenditures that analysts view as untenable and client contracts rolling off. PLTR's valuation multiple dwarfs traditional software peers, raising questions about whether the stock can maintain premium pricing as growth normalizes.