The stock market rocketed to new highs in 2024, but investors can still find reasonably priced growth stocks that are poised for outstanding returns.
C3.ai, Inc. (AI) reachead $34.04 at the closing of the latest trading day, reflecting a +1.22% change compared to its last close.
Shares of C3.ai (AI 4.24%) are trading higher on Wednesday. The firm's stock is up 5.1% as of 1:20 p.m.
AI faces stiff competition and macroeconomic challenges despite strong demand for its Generative AI solutions, making it a risky investment at the moment.
These three artificial intelligence stocks try to follow Palantir's (PLTR 3.65%) footsteps and gain broader adoption.
C3.ai (AI) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
SoundHound AI has been one of the hottest stocks on the market in the past year, rising a stunning 602% as of this writing on the back of the company's phenomenal growth, as well as a small investment by artificial intelligence (AI) pioneer Nvidia in this small but fast-growing voice AI solutions provider.
Enterprise artificial intelligence (AI) software provider C3.ai (AI -0.93%) is off to a shaky start in 2025. Shares of the company have fallen 10% this year, though there has been no company-specific news of note that could have triggered this pullback.
Any stock associated with artificial intelligence (AI) has had quite a run in the last few years. Take Nvidia (NVDA 3.10%), which is up more than 1,000% and now sports one of the largest market caps in the world.
C3.ai's stock is undervalued at ~7x forward revenue, down ~25% from December highs, presenting a strong buying opportunity. Concerns about the June 2025 expiration of the Baker Hughes reseller agreement are overblown; C3.ai's customer base has significantly diversified since its IPO. C3.ai's revenue growth accelerated to 29% y/y in its most recent quarter, its largest sequential leap in over a year.
Wikimedia Commons Analysts at Bank of America reiterated a buy rating on Nvidia with a price target of $190 a share with the company's keynote presentation at the Consumer Electronics Show (CES).
Growth investors are often willing to look past a company's underwhelming bottom line if they're convinced that the business has a promising future and path forward. C3.ai (AI 2.69%) is an artificial intelligence (AI) company that has captivated many investors in recent years due to the potential for this mid-cap stock to be the next big tech company.