C3.ai (AI -0.22%) started last year red hot as a top growth stock thanks to surging interest in artificial intelligence (AI). Not only did the company have a ticker symbol to go along with the hot trend, but it's also a provider of AI solutions, making it a prime target for growth investors.But toward the latter half of the year, the excitement surrounding C3.ai stock cooled significantly. During the last six months of 2023, the stock fell 21% as investors grew worried about whether the company would actual ...

Shares of C3.ai (AI -0.22%) shot up impressively in the past month thanks to the company's better-than-expected quarterly results. The pure-play enterprise artificial intelligence (AI) software provider is on track to take advantage of the huge end-market opportunity on offer in this space.The stock surged 50% in February and analysts at Wedbush Securities expect the bull run to continue. The firm has raised its price target on C3.ai stock from $35 to $40, which points toward a 25% upside from current level ...

Key PointsDespite some AI giants dominating the spotlight, lesser-known AI companies are quietly emerging and surging higher.C3.ai (NYSE: AI) demonstrates consistent revenue growth, with sales up by 18% in its latest quarter, paving the way toward profitability.Both SoundHound AI (NASDAQ: SOUN) and BigBear.ai Holdings (NYSE: BBAI) have shown significant growth, with SOUN up 184% YTD and BBAI up 61%, reflecting the promising AI market opportunities.5 stocks we like better than BigBear.aiAs the world continue ...

C3.ai's (AI -8.25%) stock price jumped 25% on Feb. 29 after the enterprise artificial intelligence (AI) software provider posted its latest earnings report. For the third quarter of fiscal 2024, which ended on Jan. 31, the company's revenue rose 18% year over year to $78.4 million and exceeded analysts' expectations by $2.3 million. Its adjusted net loss widened from $6.2 million to $15.9 million, or $0.13 per share, but still beat the consensus forecast by $0.15.C3.ai's top-line growth accelerated for the ...

While artificial intelligence is all the rage these days, knowing which AI stocks to buy can be crucial. Let’s be real – the sector is no spring chicken. With the space commanding so much mainstream attention, many if not most ideas are bound to disappoint.It’s one of the reasons I’m hesitant about diving into certain celebrated AI stocks to buy. Yes, these companies may seem as if they’re printing money. However, at some point, the expectations will rise so much that inevitably, disappointments will follow ...

C3.ai (AI -8.25%) continued its wild ride in February by surging 50% higher, according to data provided by S&P Global Market Intelligence. The artificial intelligence (AI)-as-a-service pioneer reported quarterly earnings that included encouraging news on burn rate and important customer metrics. C3.ai was able to claw back some of the past two years' shareholder losses with impressive results at a time when investor risk appetite is rising -- especially for AI stocks.C3.ai nailed key data pointsC3.ai's Feb. ...

Key PointsDespite some AI giants dominating the spotlight, lesser-known AI companies are quietly emerging and surging higher.C3.ai (NYSE: AI) demonstrates consistent revenue growth, with sales up by 18% in its latest quarter, paving the way toward profitability.Both SoundHound AI (NASDAQ: SOUN) and BigBear.ai Holdings (NYSE: BBAI) have shown significant growth, with SOUN up 184% YTD and BBAI up 61%, reflecting the promising AI market opportunities.  5 stocks we like better than BigBear.aiAs the world contin ...

PALM BEACH, Fla., March 04, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The application of Artificial Intelligence (AI) supercomputers in numerous industries has witnessed significant growth in recent years. These powerful computing systems are being leveraged to address complex challenges, as they analyze massive datasets. Processors with faster and higher compute power provides the ability to AI supercomputers to handle larger and complex models and aids in reducing the time it takes to trai ...

The AI stock rally has continued at a torrid pace. Many companies in this sector have cruised to new all-time highs almost daily in recent months. As an investor, it’s natural to feel some skepticism and ask how much longer this momentum can last. We’ve seen bubbles inflate and pop across various sectors over the past two decades. The meteoric rise of certain AI stocks, fueled heavily by hype and future potential rather than current fundamentals, looks eerily similar.Could these high-flying AI stocks still ...

Share prices of C3.ai (AI -2.98%) were surging after the company's quarterly business update on Wednesday. The report highlighted the booming demand for enterprise artificial intelligence (AI) software. The company's revenue beat the Wall Street consensus estimate, and one firm sees more upside for the stock.Wedbush Securities analysts kept an outperforming rating on the stock and raised their price target from $35 to $40, representing about 10% upside from the current share price. The price target by itsel ...