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Foreseeing the future stock cost of any organization includes numerous vulnerabilities and factors. Hence, recently a news website- Finfold deployed artificial intelligence (AI) with Chat GPT and a stock price machine learning algorithm. This was an attempt to check the potential trading range for stocks. Three stocks were chosen for analysis, AMC entertainment, Tesla and Boeing. The analysis involved forecasting stock prices by 2030. This investigation depended on accessible data and analysis.

Tesla

When asked about predictions GPT answered, “While the strength of the Tesla community and the leadership of CEO Elon Musk are certainly important factors to consider when evaluating the future prospects of the company, it is difficult to make specific predictions about the future stock price of Tesla”. The AI critically analysed how the leaders’ attitude and behaviour towards a firm impacts how it moves in future. AI described Musk’s leadership style as charismatic and often controversial leadership style. However, his unpredictive behaviour often leads major volatility in the stock prices.

Moreover, apart from internal factors there certain external factors which too affect the prices. Artificial intelligence notes conditions of the worldwide economy, changes in guidelines, the degree of competition, and technical leaps which could also effect the stock prices. Coin Price Forecast, the finance prediction software has predicted that, price could reach $1,119 which is an increase of 454%. The machine self-learning software predicts prises to hit $363 by the end of 2023.

AMC entertainment

According to chatGPT, based on trends and analysis, predicted, “A possible trading range for AMC’s stock price by 2030 could be between $20 and $100 per share. This range is based on several assumptions and variables, including the success of the company’s efforts to adapt to changing market conditions, the level of interest and investment from retail investors, and the impact of potential risks and challenges on the company’s future prospects.”

In addition ChatGPT also pointed out certain risks and challenges that could affect the stock prices. One key risk pointed out was competition. The entertainment industry has high competition since other players keep on adding newer services and experience to keep customers loyal. In addition it was also pointed out that economic downturn, regulatory changes could also affect the stock prices adversely.

As for the projections made by Coin Price forecast, its predicted the stock prices could hit to $33.5 by the end of the decade which marks rise of about 539%. It’s predicted the stock will hit $8.75 by the year end.

Boeing

The tool when asked about predictions about the aircraft manufacturer, responded, “In recent years, Boeing has faced significant challenges, including the grounding of its 737 MAX aircraft following two fatal crashes and the economic impacts of the COVID-19 pandemic. These challenges led to a decline in demand for Boeing’s products and services. This has negatively impacted its financial performance and stock price.”

However, the tool noted despite these challenges the manufacturer based on how well it has handled itself, predicts price range between $200 to $400 by 2030. While the Coin Price Forecast, predicted the stock prices to hit $1003 by the end of the decade. This resembles a rise of about 382%. While it predicts the stock prices to hit $476 by the end of the year.