Why These 15 AI Stocks Are Plunging So Far in 2025

Page 14 of 14

1. KULR Technology Group Inc (NYSEAMERICAN:KULR)

Number of Hedge Fund Holders In Q4 2024: 6

KULR Technology Group Inc (NYSEAMERICAN:KULR) is a thermal management company.

The stock is down significantly so far in 2025 as there has been a class action lawsuit alleging insider trading. The company has also gotten deeply involved in Bitcoin and has increased its BTC holdings to $60 million. This is 90% of cash reserves and the recent BTC decline has dragged down the stock.

Moreover, KULR filed for an automatic mixed securities shelf in January. There are also reports of challenges in the company’s thermal management tech.

On top of that, the cautiousness in both the broader AI industry and the crypto industry has caused twice the bearishness.

The consensus price target of $1 implies 32.43% downside.

KULR is down 58.73% year-to-date.

While we acknowledge the potential of KULR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than KULR but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks to Buy Now and Why These 15 E-Commerce Stocks Are Skyrocketing So Far In 2025

Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

Page 14 of 14