6-Sep-2024
PRNewswire (Sun, 8-Sep 4:00 PM ET)
‘Load Up’: JMP Says C3.ai Stock Could Rebound Over 90%
TipRanks (Fri, 6-Sep 2:06 PM ET)
C3.ai Stock (NYSE:AI): Don’t Dismiss Progress Toward Profitability
TipRanks (Fri, 6-Sep 12:28 PM ET)
Benzinga (Thu, 5-Sep 12:07 PM ET)
Biggest stock movers today: TSLA, FYBR, CHPT, AI, and more
Seeking Alpha News (Thu, 5-Sep 10:00 AM ET)
Northland Securities Reaffirms Their Buy Rating on C3ai (AI)
TipRanks (Thu, 5-Sep 9:05 AM ET)
S&P Global To Rally Around 10%? Here Are 10 Top Analyst Forecasts For Thursday
Benzinga (Thu, 5-Sep 8:19 AM ET)
C3.ai tumbles nearly 20% after subscription revenue growth, guidance keeps analysts cautious
Seeking Alpha News (Thu, 5-Sep 8:15 AM ET)
C3.ai Analysts Cut Their Forecasts After Q1 Earnings Results
Benzinga (Thu, 5-Sep 8:01 AM ET)
Wedbush Reaffirms Their Buy Rating on C3ai (AI)
TipRanks (Thu, 5-Sep 7:45 AM ET)
C3.ai Inc is an enterprise artificial intelligence company. The company provides software-as-a-service applications that enable customers to rapidly develop, deploy, and operate large-scale Enterprise AI applications across any infrastructure. It provides solutions under three divisions namely, The C3 AI Platform, which is an end-to-end application development and runtime environment for designing, developing, and deploying AI applications: C3 AI Applications, which is a portfolio of pre-built, extensible, industry-specific, and application-specific Enterprise AI applications: and C3 Generative AI, which combines the utility of large language models. Geographically the company derives revenue from North America, Europe, the Middle East and Africa, Asia Pacific, and the Rest of the World.
C3.Ai Class A trades on the NYSE stock market under the symbol AI.
As of September 6, 2024, AI stock price climbed to $21.30 with 8,178,070 million shares trading.
AI has a beta of 2.15, meaning it tends to be more sensitive to market movements. AI has a correlation of 0.20 to the broad based SPY ETF.
AI has a market cap of $2.70 billion. This is considered a Mid Cap stock.
Last quarter C3.Ai Class A reported $87 million in Revenue and -$.05 earnings per share. This beat revenue expectation by $273,000 and exceeded earnings estimates by $.08.
In the last 3 years, AI stock traded as high as $53.82 and as low as $10.16.
The top ETF exchange traded funds that AI belongs to (by Net Assets): VTI, VB, VGT, IWM, VXF.
AI has underperformed the market in the last year with a price return of -32.3% while the SPY ETF gained +22.6%. AI has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -28.8% and -13.1%, respectively, while the SPY returned +1.4% and -3.9%, respectively.
AI support price is $20.49 and resistance is $21.75 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AI stock will trade within this expected range on the day.