Artificial intelligence (AI) applications company C3.ai (AI -12.27%) sold off 11.2% through 10:50 a.m. ET this morning after KeyBanc analyst Eric Heath downgraded the stock from sector weight to underweight -- which is to say, from hold to sell.According to Heath, C3 shares that closed near $40 last night are actually worth closer to $29.Does C3 cost too much?Valuation is key to KeyBanc's downgrade today. As Heath points out, even adjusted for cash on hand, C3 stock costs a staggering 13.3 times annual sale ...

C3.ai (AI 3.16%) was one of the first enterprise artificial intelligence (AI) companies in the world when it was founded in 2009. It has developed over 100 turnkey and customizable applications, which are used by businesses in 19 different industries to speed up their adoption of AI.The company's revenue growth has accelerated for seven consecutive quarters thanks to a change to its business model from two years ago, which made it easier than ever for customers to sign up. However, C3.ai stock is still trad ...

This little AI company still has a lot to prove.C3.ai (AI 3.16%) was one of the market's hottest tech IPOs when it went public four years ago. The enterprise artificial intelligence (AI) software provider went public at $42 a share, and its stock more than quadrupled to a record high of $177.47 in less than a month.Yet by the end of 2022, C3.ai's stock had sunk to about $10 a share. It lost its luster as its revenue growth cooled off, it racked up steep losses, and investors fretted over its customer concen ...

C3.ai (AI 3.16%) shares bounced around after the enterprise artificial intelligence (AI) software company reported its latest quarterly results. The action in the stock likely confused some investors, as the stock soared in after-hours trading immediately after its report, only to open the next morning in negative territory. The stock then solidly rebounded into positive territory.Overall, the stock has been on a strong run since mid-November and is trading up about 45% on the year as of this writing, erasi ...

Shares of C3.ai (AI 3.06%) are currently down 6.4% since the company's latest earnings report on Monday, Dec. 9. The artificial intelligence (AI) software company posted another strong quarter of growth, with revenue up 29% year over year.Despite the stock's recent performance, JMP Securities analyst Aaron Kimson still sees great upside potential over the next year or so. Following the quarterly update, the analyst raised the firm's price target from $40 to $55, implying 41% upside over the current share pr ...

C3.ai's (NYSE: AI ) second quarter results were solid, with growth continuing to accelerate and margins improving. While the stock has moved significantly higher in recent months, C3.ai's valuation is still reasonable given the company's growth and pilot volumes.Richard Durant is the leader of Narweena, an asset manager focused on finding market dislocations that are the result of a poor understanding of a businesses long-term prospects. Narweena believes that excess risk adjusted returns can be achieved by ...

Toronto, Ontario--(Newsfile Corp. - December 11, 2024) - Atrium Mortgage Investment Corporation (TSX: AI) is pleased to announce that its board of directors has declared a dividend for the month of December 2024 of $0.0775 per common share, to be paid January 10, 2025 to shareholders of record December 31, 2024. This represents a 3.3% increase in the annual dividend rate from $0.90 to $0.93 per common share beginning in December 2024.In addition, Atrium will pay a special dividend to shareholders of record ...

What are analysts saying about C3.ai stock after the company's recent quarterly report?C3.ai (AI -5.10%) stock is sinking in Wednesday's trading. The company's share price was down 8.1% as of 11 a.m. ET. Meanwhile, the S&P 500 index was up 0.6%, and the Nasdaq Composite index was up 1.2%.C3.ai is falling today after JPMorgan published bearish coverage on the stock. The firm's analysts downgraded their rating on C3.ai stock and maintained a one-year price target of $28 per share. As of this writing, the anal ...

Core Insights - Artificial intelligence stocks are experiencing significant growth, but a comparison indicates that only one stock may emerge as the superior investment option [1] Group 1 - The stock prices referenced were from the afternoon of December 8, 2024, highlighting the timing of the analysis [1] - The video discussing this comparison was published on December 10, 2024, indicating a recent evaluation of the market [1]

Core Viewpoint - C3.ai Inc. reported a narrower-than-expected earnings loss for Q2 of fiscal year 2025, but concerns remain about its path to profitability and high valuations in the current market environment [2][3]. Financial Performance - C3.ai reported an earnings per share (EPS) loss of six cents, which was better than the anticipated loss of 14 cents per share [2]. - The stock initially dropped about 10% in premarket trading following the earnings report but rebounded to a 3% increase during mid-day trading [1]. Market Position and Demand - C3.ai has established itself as a provider of customizable AI applications for enterprise-level customers, filling a niche in the AI market [5]. - The company added 58 new agreements in the quarter, indicating strong demand for its services [6]. Partnerships and Growth - C3.ai's stock has surged over 78% since announcing an expanded partnership with Microsoft, where it became a preferred application provider on the Azure platform [6]. - The partnership includes a joint go-to-market strategy leveraging Azure sales channels [6]. Revenue Sources - Approximately 33% of C3.ai's revenue comes from government contracts, a decrease from 49% in the same quarter of 2023 [8]. - The company faces challenges in diversifying away from government contracts, which are costly to obtain and have long sales cycles [9]. Investment Sentiment - Short interest in C3.ai stock is over 17% of the float, suggesting potential volatility and a possible short squeeze [10]. - Analyst sentiment is mixed, with a consensus price target of $33.10, indicating a downside of over 23% from current levels [11]. Future Outlook - Many of C3.ai's current agreements are pilot programs, and it will take several quarters to determine which will lead to sustainable revenue [12].