The financial services sector is facing disruption as AI technologies threaten to displace a considerable share of its workforce.

Based on low-water price targets issued by select Wall Street analysts, the following three premier AI stocks are expected to plunge by up to 86% in the new year.

Global banks are expected to cut as many as 200,000 jobs in the next three to five years as artificial intelligence encroaches on tasks currently carried out by human workers, according to Bloomberg Intelligence.

But AI will not eliminate them fully, rather it will lead to workforce transformation.” Nearly a quarter of the 93 respondents predict a steeper decline of between 5% and 10% of total headcount. The peer group covered by BI includes Citigroup,