Free Trial
NYSE:AI

C3.ai (AI) Stock Price, News & Analysis

$27.73
+0.89 (+3.32%)
(As of 07/26/2024 ET)
Today's Range
$26.96
$27.95
50-Day Range
$23.93
$31.62
52-Week Range
$20.23
$44.90
Volume
2.76 million shs
Average Volume
6.30 million shs
Market Capitalization
$3.46 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$30.33

C3.ai MarketRank™ Stock Analysis

Analyst Rating
Hold
2.27 Rating Score
Upside/​Downside
9.4% Upside
$30.33 Price Target
Short Interest
Bearish
21.75% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.64
Upright™ Environmental Score
News Sentiment
0.51mentions of C3.ai in the last 14 days
Based on 22 Articles This Week
Insider Trading
Selling Shares
$82,818 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($2.35) to ($2.06) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.59 out of 5 stars

Computer And Technology Sector

378th out of 612 stocks

Prepackaged Software Industry

123rd out of 202 stocks

AI stock logo

About C3.ai Stock (NYSE:AI)

C3.ai is a leading enterprise software company that offers artificial intelligence (AI) solutions to help organizations optimize their operations and improve decision-making. The company was founded in 2009 by Thomas Siebel, a renowned technology entrepreneur and is headquartered in Redwood City, California. C3.ai provides software-as-a-service (SaaS) applications designed to help companies across various industries, including manufacturing, healthcare, energy and financial services, harness the power of AI and machine learning to drive digital transformation.

C3.ai has a strong leadership team focused on driving innovation and growth. The company's CEO is Thomas Siebel, who has over 40 years of experience in the technology industry and has been recognized as a pioneer in enterprise software. Other key members of the management team include Edward Abbo, President and CTO, who has over 25 years of experience in the software industry and Houman Behzadi, Chief Product Officer, who has over 20 years of experience in software development and engineering.

C3.ai went public in December 2020, raising $651 million in its IPO. C3.ai has experienced flat revenue growth over the past few years. C3.ai has maintained a fair profit margin, with a net income close to or exceeding expenses. This has allowed the company to maintain a debt-to-equity ratio of close to 0.00. Overall, C3.ai's valuation metrics suggest that the market has high expectations for the company's future growth potential.

C3.ai operates in the AI software market, which is expected to continue to grow at a rapid pace in the coming years. The global AI software market is projected to grow from $22.6 billion in 2020 to $126.0 billion by 2025 at a compound annual growth rate (CAGR) of 41.2% during the forecast period. C3.ai competes with other AI software companies, such as IBM, Microsoft and Google, but the market is still relatively fragmented, providing significant growth opportunities.

C3.ai has several potential growth opportunities in the coming years. One key area of focus is the healthcare industry, where the company's AI solutions can help providers improve patient outcomes and reduce costs. C3.ai has also been expanding into new geographic markets, such as Europe and Asia, which provide significant growth opportunities. In addition, the company has been investing in research and development to enhance its AI technology and develop new applications.

Another potential growth opportunity for C3.ai is in the energy industry. The company has partnered with several energy companies, including Shell and Enel, to help them improve their operations and reduce their carbon emissions using AI. As the world continues to focus on reducing greenhouse gas emissions, C3.ai's solutions could be in high demand.

C3.ai has been exploring potential acquisitions to expand its offerings and reach new markets. While C3.ai has significant growth opportunities, the company also faces several risks and challenges. One of the biggest challenges is competition from other AI software companies, IBM, Microsoft and Google. These companies have resources and could outcompete C3.ai in specific markets.

C3.ai also operates in a highly regulated industry, which could challenge compliance with data privacy and security regulations. The company must ensure its solutions comply with regulations such as the European Union's General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA).

In addition, the AI industry is still relatively new, and there is a risk that AI technology may not live up to its hype or that the market may not grow as quickly as anticipated. If this were to happen, C3.ai's growth prospects could be limited.

AI Stock Price History

AI Stock News Headlines

trade stock market stats chart
Why These 4 AI Stocks Are Must-Watch for 2024 Investors (AI)
The rapid evolution of artificial intelligence is fueling investment in leading AI companies and driving market growth.
RPA Robotic process automation innovation technology concept on virtual screen.
UiPath’s GenAI Expansion Could Skyrocket Its Value - Rally Ahead? (AI)
UiPath Inc. (NASDAQ: PATH) is the leader in robotic process automation and business process automation. The company has been involved with AI for years
625,000% Gain
Imagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.
SOUN vs. AI: Which AI Stock Is the Better Buy?
AI Sep 2024 25.000 put
625,000% Gain
Imagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.
C3 AI Achieves the AWS Generative AI Competency
C3 AI Achieves the AWS Generative AI Competency
2 Millionaire-Maker Technology Stocks
See More Headlines
Receive AI Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for C3.ai and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
5/29/2024
Today
7/26/2024
Next Earnings (Estimated)
9/04/2024
Fiscal Year End
4/30/2025

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Systems Software
CUSIP
04135620
Fax
N/A
Employees
914
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$30.33
High Stock Price Target
$40.00
Low Stock Price Target
$20.00
Potential Upside/Downside
+9.9%
Consensus Rating
Hold
Rating Score (0-4)
2.27
Research Coverage
11 Analysts

Profitability

Net Income
$-279,700,000.00
Pretax Margin
-89.80%

Debt

Sales & Book Value

Annual Sales
$310.58 million
Book Value
$7.06 per share

Miscellaneous

Free Float
82,380,000
Market Cap
$3.45 billion
Optionable
Optionable
Beta
1.83
Beginners Guide To Retirement Stocks Cover

Click the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report

AI Stock Analysis - Frequently Asked Questions

How have AI shares performed this year?

C3.ai's stock was trading at $28.71 at the beginning of 2024. Since then, AI shares have decreased by 3.4% and is now trading at $27.73.
View the best growth stocks for 2024 here
.

How were C3.ai's earnings last quarter?

C3.ai, Inc. (NYSE:AI) announced its earnings results on Wednesday, May, 29th. The company reported ($0.59) EPS for the quarter, topping analysts' consensus estimates of ($0.77) by $0.18. The business had revenue of $86.59 million for the quarter, compared to the consensus estimate of $84.45 million. C3.ai had a negative trailing twelve-month return on equity of 30.95% and a negative net margin of 93.36%.

When did C3.ai IPO?

C3.ai (AI) raised $504 million in an initial public offering on Wednesday, December 9th 2020. The company issued 15,500,000 shares at $31.00-$34.00 per share. Morgan Stanley, J.P. Morgan and BofA Securities served as the underwriters for the IPO and Deutsche Bank Securities was co-manager.

Who are C3.ai's major shareholders?

C3.ai's top institutional investors include Bank of New York Mellon Corp (0.62%), Raymond James & Associates (0.16%), Carnegie Investment Counsel (0.06%) and Focus Financial Network Inc. (0.03%). Insiders that own company stock include Edward Y Abbo, Stephen M Ward Jr, Juho Parkkinen, Richard C Levin, Shankar Sastry, Guy Wanger, Hitesh Lath, Bruce A Cleveland, Patricia A House, David Barter, Houman Behzadi and Thomas M Siebel.
View institutional ownership trends
.

How do I buy shares of C3.ai?

Shares of AI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of C3.ai own?
This page (NYSE:AI) was last updated on 7/26/2024 by MarketBeat.com Staff

From Our Partners