1 AI Stock Down 54% You'll Regret Not Buying on the Dip
Machine learning (ML) is an important sub-field of artificial intelligence (AI). While AI is designed to eventually achieve human-level intelligence, ML is often used in practical settings by helping companies achieve greater productivity from their systems and equipment.
Splunk (NASDAQ: SPLK) is a leading provider of ML software. It has a star-studded customer list that features leading Fortune 100 organizations, and even a Formula 1 racing team.
Splunk stock remains 54% below its all-time high which was set back in 2020, but it's slowly rebounding thanks to a management shakeup, and also because the company is making progress toward achieving profitability. Here's why investors should take the opportunity to buy it while it's still beaten down.
Source Fool.com
Splunk Inc. Stock
The stock is one of the favorites of our community with 25 Buy predictions and 1 Sell predictions.
As a result the target price of 147 € shows a slightly positive potential of 2.0% compared to the current price of 144.12 € for Splunk Inc..
