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.
C3.ai Inc (AI) stock is pushing higher on Monday morning after Northland Capital issued a bullish note in favour of the enterprise artificial intelligence software company. In his research note, analyst Mike Latimore upgraded AI to Outperform, and raised his price target to $16, indicating potential upside of more than 40% from its previous close.
C3.ai, Inc. (AI) closed the most recent trading day at $11.53, moving +1.68% from the previous trading session.
| Software Industry | Information Technology Sector | Thomas Siebel CEO | XDUS Exchange | US12468P1049 ISIN |
| US Country | 764 Employees | - Last Dividend | 7 Oct 2009 Last Split | - IPO Date |
C3.ai, Inc. stands as a pivotal enterprise artificial intelligence (AI) software company, with its operations branching across North America, Europe, the Middle East, Africa, the Asia Pacific, and various international territories. The entity specializes in furnishing the C3 AI platform, a robust application development and runtime framework crafted to empower customers to efficiently design, develop, and deploy sophisticated enterprise AI applications. Originally known as C3 IoT, Inc., the organization underwent a rebranding in June 2019 to C3.ai, Inc., marking a pivotal shift in its focus towards AI-driven solutions. Since its inception in 2009, the company has established its headquarters in Redwood City, California, and has forged strategic partnerships with giants in the cloud computing and technology sectors, including Google Cloud, AWS, Microsoft Azure, alongside industry-specific collaborations with Baker Hughes, Booz Allen, Raytheon, and many others.