AITX Stock Forecast – Today we are going to discuss about Artificial Intelligence Technology Solutions (AITX), located in the Michigan (US), specializes in providing artificial intelligence and robotic solutions for various operational, security, and monitoring needs.
If you are considering investing in AITX stock for the long term, it is important to analyze its potential growth and performance. Our AITX’s Stock Forecast is based on a deep technical analysis and past performance of AITX’s Stock to help you make an informed decision.
To begin with, it is essential to understand AITX’s business model and financial data. Once you have a clear understanding of the company’s operations and financial strength, you can determine whether AITX’s stock is a good buy or not.
Our AITX’s Stock Price Forecast covers the stock’s potential growth and performance for the years 2024, 2025, 2030, and 2040 to help you make an informed investment decision.
Contents
What is AITX?
About Artificial Intelligence Technology Solutions (AITX) – Artificial Intelligence Technology Solutions Inc. is a company that specializes in providing artificial intelligence and robotic solutions for various operational, security, and monitoring needs.
They have developed both front-end and back-end software solutions, including RIO, a solar-powered trailer; ROSA-P; RADDOG; ROSS, a video management system; and ROAMEO, an unmanned ground vehicle.
Their software offerings include RADGuard, a customer-facing software, SCOT Manager, RADSOC, a security operations center, RADPMC, a property management center, fire arm detection (FAD), and RAD Light My Way.
The company was previously known as On The Move Systems Corp. and changed its name to Artificial Intelligence Technology Solutions Inc. in August 2018. It was established in 2016 and is headquartered in Ferndale, Michigan.
Company Overview
| Company Parameters | Values |
| Stock Name | Artificial Intelligence Technology Solutions Inc |
| Stock Exchange | OTCMKTS |
| Industry | Computer Hardware |
| Sector | Technology |
| Day’s Range | 0.0033 – 0.0036 |
| 52 Week Range | 0.0019 – 0.0146 |
| Volume | 48,079,502 |
| Avg. Volume | 73,971,222 |
| Market Cap (intraday) | 31.367M |
| Enterprise Value | 59.76M |
| Beta (5Y Monthly) | 5.23 |
| Return on Assets (ttm) | -109.20% |
| Revenue (ttm) | 1.65M |
| Net Income Avi to Common (ttm) | -18.46M |
| Official Website | Artificial Intelligence Technology Solutions Inc |
AITX Financial Overview
| Metric | Feb 2023 (USD) | May 2023 (USD) | Aug 2023 (USD) | Nov 2023 (USD) |
|---|---|---|---|---|
| Revenue | $2,770 | $3,850 | $3,860 | $5,970 |
| Net Income | -$51,790 | -$45,550 | -$47,600 | -$39,660 |
| Diluted EPS | $0 | $0 | $0 | $0 |
| Net Profit Margin | -1,870.33% | -1,182.53% | -1,231.93% | -664.42% |
| Operating Income | -$32,010 | -$29,490 | -$30,450 | -$23,850 |
| Net Change in Cash | $2,260 | -$6,530 | $12,250 | -$14,150 |
| Cash on Hand | – | – | – | – |
| Cost of Revenue | $2,240 | $91,510 | $89,010 | $1,360 |
AITX Stock Price Chart
What are PROs and CONs of investing with AITX
PROs of investing with AITX | CONs of investing with AITX |
| Innovative Technology – AITX is involved in the advanced field of AI and robotics, that has substantial room for expansion. | Volatility – The market sentiment and investor speculation can lead to high volatility for small-cap tech stocks such as AITX. |
| Market Demand -AITX’s products are in high demand due to the growing implementation of automation and AI-based solutions in various industries. | Competition – AITX is operating in a highly competitive market, where it faces competition from both well-established players and emerging startups that specialize in AI and robotics. |
| Cost Savings – AITX offers automation solutions for workflows that can help businesses to save costs by simplifying processes and minimizing manual work. | Financial Risk – Companies with smaller sizes may have less financial resources which can impact their capacity to withstand economic downturns. |
| Security Solutions – Their residential security devices, RAD•R, provide an extra layer of security and surveillance features that help improve safety. | Execution Risk – It is essential for AITX’s long-term success to efficiently expand operations and fulfill commitments. |
| Growth Opportunities – AITX has the potential to increase its revenue as it broadens its range of products and customer base. There are opportunities for growth in revenue as AITX expands its product portfolio and clientele. | Regulatory Challenges – Regulations in the AI and robotics industry are constantly changing, and this could have an effect on AITX’s business. |
| Strategic Partnerships – AITX can enhance its market presence through partnerships with other technology firms or industry players. | Dependency on Partnerships – AITX’s distribution and sales depend on partnerships that can have both advantages and disadvantages. |
| Eco-Friendly Solutions – AITX aims to promote environmental sustainability through its emphasis on automation, which helps in efficient utilization of resources. | Liquidity Concerns – AITX’s stock may face liquidity issues due to low trading volumes. |
| Potential Acquisition Target – AITX might be appealing to larger companies as an acquisition target, given the current industry trends. | Lack of Profitability – Some investors might be discouraged by the fact that AITX’s financial records do not appear to indicate a consistent level of profitability. |
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AITX Stock Forecast (2024-2060)
| Year | Avg Price | Min Target Price | Max Target Price |
|---|---|---|---|
| 2024 | $0.0031 | $0.00155 | $0.00555 |
| 2025 | $0.0332 | $0.0166 | $0.0498 |
| 2027 | $0.0423 | $0.02115 | $0.06345 |
| 2028 | $0.05567 | $0.01045 | $0.10089 |
| 2029 | 0.8029 | $0.04823 | $0.11235 |
| 2030 | $0.1053 | $0.05265 | $0.15795 |
| 2034 | $0.1878 | $0.0939 | $0.2817 |
| 2040 | $0.2831 | $0.14155 | $0.42465 |
AITX Stock Forecast 2024
Here is the AITX Stock Price Prediction for 2024 –
| Year | Avg Price | Min Target Price | Max Target Price |
|---|---|---|---|
| 2024 | $0.0031 | $0.00155 | $0.00555 |
AITX Stock Forecast 2025
Here is the AITX Stock Price Prediction for 2025 –
| Year | Avg Price | Min Target Price | Max Target Price |
|---|---|---|---|
| 2025 | $0.0332 | $0.0166 | $0.0498 |
AITX Stock Forecast 2026
Here is the AITX Stock Price Prediction for 2026 –
| Year | Avg Price | Min Target Price | Max Target Price |
|---|---|---|---|
| 2027 | $0.0423 | $0.02115 | $0.06345 |
AITX Stock Forecast 2027
Here is the AITX Stock Price Prediction for 2027 –
| Year | Avg Price | Min Target Price | Max Target Price |
|---|---|---|---|
| 2027 | $0.0423 | $0.02115 | $0.06345 |
AITX Stock Forecast 2028
Here is the AITX Stock Price Prediction for 2028 –
| Year | Avg Price | Min Target Price | Max Target Price |
|---|---|---|---|
| 2028 | $0.05567 | $0.01045 | $0.10089 |
AITX Stock Forecast 2029
Here is the AITX Stock Price Prediction for 2029 –
| Year | Avg Price | Min Target Price | Max Target Price |
|---|---|---|---|
| 2029 | 0.8029 | $0.04823 | $0.11235 |
AITX Stock Forecast 2030
Here is the AITX Stock Price Prediction for 2030 –
| Year | Avg Price | Min Target Price | Max Target Price |
|---|---|---|---|
| 2030 | $0.1053 | $0.05265 | $0.15795 |
AITX Stock Forecast 2040
Here is the AITX Stock Price Prediction for 2040 –
| Year | Avg Price | Min Target Price | Max Target Price |
|---|---|---|---|
| 2040 | $0.2831 | $0.14155 | $0.42465 |
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Conclusion
We hope you will like the information given by us. And if you want more information related to AITX stock prediction. You can read our article and stay with us so that you can know the prediction of more stocks in the future.
Also, do your due diligence and comment to us, whether you will invest in this stock or not. Till then Happy Investing.
AITX Stock Forecast FAQs
Disclaimer
This article contains information that may be useful for those interested in the stock market. However, it is important to note that we do not provide recommendations to buy or sell any stocks. Investing in the stock market carries inherent risks, so it is crucial to conduct thorough research on any company before making any investment decisions.
