24-Apr-2024
Business Wire (Wed, 24-Apr 9:00 AM ET)
Super Micro Computer, AI stocks rebound after fear-induced sell-off
Seeking Alpha News (Tue, 23-Apr 12:57 PM ET)
The AI Boom: From FOMO to Focused
TipRanks (Mon, 22-Apr 1:34 AM ET)
C3 AI to Present at Two Upcoming Investor Conferences in May
Business Wire (Thu, 18-Apr 9:00 AM ET)
PRNewswire (Fri, 12-Apr 6:55 PM ET)
Alan Murray Joins C3 AI Board of Directors
Business Wire (Tue, 9-Apr 9:00 AM ET)
C3 AI Named to The Financial Times' The Americas' Fastest Growing Companies 2024
Business Wire (Thu, 4-Apr 12:05 PM ET)
Business Wire (Fri, 29-Mar 5:21 PM ET)
Business Wire (Wed, 27-Mar 9:00 AM ET)
Global A.I. Healthcare Market Size Estimated To Reach $148.4 Billion By 2029
Globe Newswire (Wed, 20-Mar 8:45 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 Suite, is a comprehensive application development and runtime environment that is designed to allow customers to rapidly design, develop, and deploy Enterprise AI applications of any type; C3 AI Applications, include a large and growing family of industry-specific and application-specific turnkey AI solutions that can be immediately installed and deployed; and C3.ai Ex Machina, analytics for applying data science to every-day business decisions.
C3.Ai Class A trades on the NYSE stock market under the symbol AI.
As of April 24, 2024, AI stock price climbed to $22.35 with 4,098,051 million shares trading.
AI has a beta of 2.79, meaning it tends to be more sensitive to market movements. AI has a correlation of 0.18 to the broad based SPY ETF.
AI has a market cap of $2.68 billion. This is considered a Mid Cap stock.
Last quarter C3.Ai Class A reported $78 million in Revenue and -$.13 earnings per share. This beat revenue expectation by $2 million and exceeded earnings estimates by $.15.
In the last 3 years, AI stock traded as high as $76.85 and as low as $10.16.
The top ETF exchange traded funds that AI belongs to (by Net Assets): VTI, VB, IWM, VXF, VGT.
AI has underperformed the market in the last year with a price return of +11.4% while the SPY ETF gained +24.2%. AI has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -15.4% and -10.3%, respectively, while the SPY returned +4.6% and -2.7%, respectively.
AI support price is $21.66 and resistance is $23.00 (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.