5 Most Promising Robotics Stocks According to Analysts

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1. Alteryx, Inc. (NYSE:AYX)

Number of Hedge Fund Holders: 42

Upside Potential as of July 13: 58.91%

Irvine, California-based Alteryx, Inc. (NYSE:AYX) is a leading software company that offers a cloud-based analytics automation platform which allows end-to-end automation of data engineering, analytics, reporting, machine learning, and data science processes. The platform is used by more than 8,000 customers globally.

As of July 13, Alteryx, Inc. (NYSE:AYX) shares have lost nearly 15% of their value. Despite that, analysts are bullish on the future prospects of the company and hold strong buy ratings as well as an average price target of $67.3 which represents a potential upside of nearly 59%, highest on our list of 13 most promising robotics stocks according to analysts.

As of Q1 2023, Alteryx, Inc. (NYSE:AYX) shares were owned by 42 of the 943 hedge funds tracked by Insider Monkey, with a total value of $638 million. Notable hedge fund investors included Soros Fund Management, Oaktree Capital Management, and Elliott Management, among others.

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