Why Cantor Is Sticking With Tesla (TSLA) on AI and Robotics

Tesla, Inc. (NASDAQ:TSLA) is one of the 10 AI Stocks Analysts Are Watching. On February 2, Cantor Fitzgerald reiterated the stock as “Overweight,” stating that it’s sticking with Tesla. The firm believes that this year is transformational for Tesla as it transitions into autonomy, AI, and robotics.

“We are also bullish on Optimus and the opportunities in humanoid, though we remain conversative in our initial modeling assumptions. Overall, we remain bullish on TSLA over the medium to long term, and we view FY26 as a transformational year for the company as it transitions into autonomy, AI and robotics.”

Analysts on Wall Street have a consensus “Buy” rating on the stock. The average price target of $480 implies a 13.8% upside; however, the Street-high target of $600 implies an upside of 42.24%.

Tesla, Inc. (NASDAQ:TSLA) is an automotive and clean energy company that leverages advanced artificial intelligence in its autonomous driving technology and robotics initiatives.

While we acknowledge the potential of TSLA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.