C3.ai, Inc. (AI) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.31. This compares to loss of $0.13 per share a year ago.
C3.ai reported a smaller-than-expected fiscal Q4 loss while revenue topped estimates. Full-year fiscal 2025 guidance came in above expectations.
Shares of C3.AI Inc. rose more than 10% in the extended session Thursday after the software company reported a 20% jump in its quarterly revenue, saying demand for AI is “intensifying.”
These three AI stocks to sell have had less-than-ideal performances this year and lack a solid foundation despite their promise to turn things around. If you are holding these stocks, it may be better to sell them before they take any more losses that hurt your pockets.
Artificial intelligence is generally considered to be the “can't miss” opportunity of the 2020s and beyond. I've seen estimates of compound annual growth ranging from 19% through 2032 to a much higher 37% through 2030.
Investing in underappreciated AI stocks offers significant growth potential as AI technologies revolutionize various sectors. With increasing adoption and advancements, AI is poised to drive innovation and create substantial economic opportunities in the coming years.
In the closing of the recent trading day, C3.ai, Inc. (AI) stood at $26.15, denoting a -1.36% change from the preceding trading day.
Artificial intelligence (AI) name C3.ai (NYSE:AI) will announce fiscal fourth-quarter earnings after the close on Wednesday, May 29.
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.
While the market overall has delivered a strong performance over the last month, several AI-related stocks, including these three, have displayed relative strength. Analysts are bullish, raising earnings expectations for each.
Meridian Wealth Management LLC bought a new stake in shares of C3.ai, Inc. (NYSE:AI – Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 7,255 shares of the company’s stock, valued at approximately $208,000. Several other hedge funds have also made changes to their positions in AI. Raymond James & Associates boosted its stake in C3.ai by 148.3% during the 3rd quarter. Raymond James & Associates now owns 158,943 shares of the company’s stock valued at $4,056,000 after purchasing an additional 94,932 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of C3.ai by 23.1% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 14,883 shares of the company’s stock worth $380,000 after buying an additional 2,797 shares during the period. Daiwa Securities Group Inc. grew its holdings in C3.ai by 40.0% in the 3rd quarter. Daiwa Securities Group Inc. now owns 27,667 shares of the company’s stock worth $706,000 after buying an additional 7,901 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its position in C3.ai by 14.7% in the 3rd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 21,758 shares of the company’s stock valued at $555,000 after acquiring an additional 2,783 shares during the period. Finally, Private Advisor Group LLC raised its stake in C3.ai by 48.4% during the 3rd quarter. Private Advisor Group LLC now owns 31,125 shares of the company’s stock valued at $794,000 after acquiring an additional 10,151 shares in the last quarter. Institutional investors own 38.96% of the company’s stock. C3.ai Stock Performance NYSE:AI opened at $26.39 on Monday. The firm’s 50-day moving average is $25.17 and its 200-day moving average is $27.25. The company has a market cap of $3.22 billion, a price-to-earnings ratio of -11.33 and a beta of 1.74. C3.ai, Inc. has a 52-week low of $20.23 and a 52-week high of $48.87. C3.ai (NYSE:AI – Get Free Report) last issued its quarterly earnings data on Wednesday, February 28th. The company reported ($0.60) earnings per share for the quarter, topping the consensus estimate of ($0.73) by $0.13. The firm had revenue of $78.40 million for the quarter, compared to analysts’ expectations of $75.92 million. C3.ai had a negative net margin of 95.21% and a negative return on equity of 29.60%. Equities analysts predict that C3.ai, Inc. will post -2.48 EPS for the current year. Analyst Upgrades and Downgrades Several brokerages have recently weighed in on AI. Bank of America upped their price objective on C3.ai from $18.00 to $20.00 and gave the company an “underperform” rating in a report on Thursday, February 29th. Canaccord Genuity Group boosted their target price on shares of C3.ai from $27.00 to $31.00 and gave the stock a “hold” rating in a report on Thursday, February 29th. Piper Sandler raised their target price on shares of C3.ai from $27.00 to $33.00 and gave the stock a “neutral” rating in a report on Monday, March 4th. Finally, Wedbush cut their price objective on C3.ai from $42.00 to $35.00 and set an “overweight” rating for the company in a research report on Thursday, February 29th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, C3.ai has a consensus rating of “Hold” and a consensus target price of $31.50. Get Our Latest Report on AI C3.ai Profile (Free Report) C3.ai, Inc operates as an enterprise artificial intelligence (AI) software company in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company provides C3 AI platform, an application development and runtime environment that enables customers to design, develop, and deploy enterprise AI applications; C3 AI Ex Machina for analysis-ready data; C3 AI CRM, an industry specific customer relationship management solution; and C3 Generative AI Product Suite that enables to locate, retrieve, and present information.