Will Expanding Partnerships Shape the Next Phase of Growth for C3.ai?

Core Insights - C3.ai, Inc. is emphasizing its partner ecosystem as a crucial growth driver, with 73% of agreements in fiscal 2025 completed through partnerships, marking a 68% increase from the previous year [1][9] - The company reported a significant rise in partner-supported bookings, which surged 419% year over year in the fiscal fourth quarter, with 59 agreements signed through collaborations [1] Partnerships and Collaborations - The partnership with Microsoft is pivotal, resulting in 28 new agreements in the fiscal fourth quarter, particularly in manufacturing and chemicals [2] - Collaborations with Google Cloud and Amazon's AWS are also enhancing market reach and delivery capabilities [2] - New advisory alliances with McKinsey QuantumBlack and PwC are broadening distribution capacity and targeting key industries [3][4] Market Performance and Valuation - C3.ai shares have declined by 25.8% over the past year, compared to a 9.5% decline in the industry [7] - The company trades at a forward price-to-sales ratio of 5.58X, significantly lower than the industry average of 17.49X [8] - The Zacks Consensus Estimate for fiscal 2026 earnings per share indicates a year-over-year decline of 239%, while fiscal 2027 shows a projected increase of 65.9% [11]