C3.ai (AI 3.16%) was one of the first enterprise artificial intelligence (AI) companies in the world when it was founded in 2009. It has developed over 100 turnkey and customizable applications, which are used by businesses in 19 different industries to speed up their adoption of AI.
C3.ai (AI 3.16%) was one of the market's hottest tech IPOs when it went public four years ago. The enterprise artificial intelligence (AI) software provider went public at $42 a share, and its stock more than quadrupled to a record high of $177.47 in less than a month.
C3.ai (AI 3.16%) shares bounced around after the enterprise artificial intelligence (AI) software company reported its latest quarterly results. The action in the stock likely confused some investors, as the stock soared in after-hours trading immediately after its report, only to open the next morning in negative territory.
Recently, Zacks.com users have been paying close attention to C3.ai (AI). This makes it worthwhile to examine what the stock has in store.
Shares of C3.ai (AI 2.25%) are currently down 6.4% since the company's latest earnings report on Monday, Dec. 9. The artificial intelligence (AI) software company posted another strong quarter of growth, with revenue up 29% year over year.
C3.ai's growth accelerated in the second quarter, but customer concentration, competitive positioning and large losses remain points of concern. The Microsoft partnership could boost growth, but I tend to think any benefit will be fairly incremental. The boost provided by generative AI and C3.ai's business model transition appear to be peaking, meaning growth is likely to stabilize in coming quarters.
C3.ai (AI -7.10%) stock is sinking in Wednesday's trading. The company's share price was down 8.1% as of 11 a.m.
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C3.ai (AI) shares pull back after the company's fiscal second quarter earning report released yesterday. The stock initially jumped in response to the quarterly results, which beat on the top and bottom lines but reversed direction.
C3's stock bounced back, but J.P. Morgan has a price target that implies a 35% downside.
C3.ai (AI) shares have been volatile Tuesday, after a filing showing that Chief Executive Officer (CEO) Thomas Siebel plans to sell millions of stock offset better-than-estimated quarterly results.