C3.ai Shares Tumble as Deutsche Bank Tells Investors to Sell the Stock. C3.ai AI +5.13% shares are taking a beating Friday, pressured by a negative research note from Deutsche Bank DB –0.74% analyst Patrick Colville, who cut his rating on the stock to Sell from Hold, with a new price target of $18, down from $36.Mar 4, 2022
Is C3 AI in trouble?
C3.ai Q3 2022 Earnings Report Has Unsolved Problems
There are two main unsolved problems. First C3.ai is losing money. And on top of that, it is losing more money now than a year ago. GAAP net loss per share was -38 cents, compared to -21 cents one year ago.Mar 29, 2022
There are two main unsolved problems. First C3.ai is losing money. And on top of that, it is losing more money now than a year ago. GAAP net loss per share was -38 cents, compared to -21 cents one year ago.Mar 29, 2022
Is it good to buy C3 AI stock?
C3.ai might not generate a profit anytime soon, but its adjusted gross margin expanded from 75% in fiscal 2020 to 76% in fiscal 2021, then rose to 78% in the first nine months of fiscal 2022. That ongoing margin expansion suggests it still has pricing power in its niche market.Mar 29, 2022
Will C3 AI go up?
C3.ai now expects its revenue to rise 38% for the full year, compared to its previous guidance for 35%-36% growth. Analysts expect its revenue to rise 31% in fiscal 2023. Based on those expectations, C3.Mar 7, 2022
Why is C3 AI stock going up?
Shares of enterprise artificial intelligence software firm C3.ai are higher on a strong fiscal-third-quarter report. C3.ai AI –7.43% stock is trading modestly higher after the provider of enterprise artificial intelligence software posted better-than-expected results for its fiscal third quarter ended Jan.Mar 3, 2022
Is C3 AI a buy Zacks?
How good is it? See rankings and related performance below. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank.
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Momentum Scorecard. More Info.
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Momentum Scorecard. More Info.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 1 | Strong Buy | 24.93% |
| 2 | Buy | 18.44% |
| 3 | Hold | 9.99% |
| 4 | Sell | 5.61% |
What is C3 AI revenue?
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What is the future of AI stock?
The AI industry had an estimated addressable market of $93 billion in 2021, but that's expected to soar tenfold to $997 billion annually by 2028. These five stocks can help you ride that explosive AI industry growth and turn it into stock price growth.Mar 12, 2022
How much cash does C3.ai have?
For one thing, C3.ai has a massive cash balance. As of its last quarterly filing, it had $1.1 billion of cash, cash equivalents, and investments on its balance sheet. This makes up roughly half of its overall market capitalization. This accomplishes two major things for C3.ai.Apr 18, 2022
What happened C3?
What happened. Shares of C3.ai (AI -4.71%) gained 26.2% in November, according to data from S&P Global Market Intelligence. The stock lost ground amid selling pressures for growth-dependent software stocks and the publication of a new short report.Mar 6, 2022
Is C3 Ai publicly traded?
(AI) Outpaces Stock Market Gains: What You Should Know. In the latest trading session, C3.ai, Inc. (AI) closed at $14.93, marking a +1.56% move from the previous day.
Who owns C3 AI?
CEO Thomas Siebel
Looking at our data, we can see that the largest shareholder is the CEO Thomas Siebel with 9.1% of shares outstanding. With 8.2% and 5.9% of the shares outstanding respectively, Baker Hughes Holdings LLC and The Vanguard Group, Inc. are the second and third largest shareholders.Dec 7, 2021