2 Artificial Intelligence (AI) Stocks With 75% and 280% Upside to Buy Now, According to Wall Street Analysts
Publish Date: 2026-03-05 04:18:00
Source Domain: www.theglobeandmail.com
- Undervaluation Potential: Analysts widely believe that both Meta Platforms and Atlassian are undervalued, with significant upside predicted based on their current share prices.
- AI Utilization by Meta: Meta Platforms is heavily investing in artificial intelligence to improve ad targeting and engagement across its social media platforms, including developing custom chips for this purpose, and is also exploring smart glasses technology.
- Market Leadership of Atlassian: Atlassian is recognized as an industry leader in work management software, particularly among developers and DevOps teams, with its platform Jira being highly popular.
- AI Impact on Atlassian: Despite investor concerns that AI could diminish demand for tools like Jira, analysts argue that AI might actually increase the number of developers, thereby driving further demand for Atlassian’s products.
- Stock Price Performance: Meta Platforms’ stock is currently trading 17% below its record high while Atlassian’s stock is down 78%, potentially presenting buy opportunities based on their promising outlooks.
- Valuation Insight: Meta is valued at roughly 28 times earnings, and forecasts suggest its earnings will grow annually by 21% through 2027. Conversely, Atlassian trades at 17 times adjusted earnings with estimated adjusted earnings growth of 19% annually through 2027.
