10 AI Stocks Investors are Watching Closely

2. Tesla, Inc. (NASDAQ:TSLA)

Number of Hedge Fund Holders: 99

Tesla, Inc. (NASDAQ:TSLA) is an automotive and clean energy company that leverages advanced artificial intelligence in its autonomous driving technology and robotics initiatives. One of the biggest analyst calls for Tuesday, January 21st, was for Tesla Inc. Piper Sandler reiterated an “Overweight” rating on Tesla, Inc. and raised the firm’s price target to $500 from $315. According to the firm, investors have begun appreciating Tesla’s potential in real-world artificial intelligence. The analyst told investors in the research note that as a result of this, portfolio managers are entertaining the possibility of the stock going up. Moreover, once the company is done with its current car launch plans, it will redirect its focus toward its full-driving software (FSD). The firm hasn’t estimated the impact of other ambiguous AI endeavors but is optimistic that new-age opportunities like Optimus robots and neural-net-training-as-a-service will shape the company’s thesis. According to the firm, Tesla’s first half of 2025 “may be choppy,” but it remains its top “buy-and-hold idea”.

“Regarding our views on the stock, TSLA is still our #1 buy-and-hold idea, and accordingly, we’re boosting our price target to $500 (up from $315)”.