C3.ai, Inc.
AI
AI Fair Price
My Notes
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Shares of $AI rose more than 19% after the results. I honestly don't know the company, but I was intrigued by their focus.
What do you think of this company?
C3.AI up 15% on quarterly report
- C3.ai (NYSE:AI) Shares:
- Pre-trade growth: A significant increase of more than 15% on Thursday.
- Reason for the increase: the release of the Q3 financial report, which beat expectations. $AI
- Q3 Financial Results:
- Loss per share: $0.13 (vs. projected loss of $0.28).
- Revenues: USD 78.4 million (beating the estimate of USD 76.14 million)...
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This is positive news and nice results. A company I once had for a while, took some profit there on that first growth, but then pulled back, it seemed very volatile to me, the way it moved around a lot at the beginning of the AI boom. How do you see it today? 😊
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For me it's quite interesting that $GMEis holding up somehow, depending on their history and overall the business with games is different nowadays.
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Estimates beaten, but probably not enough for shareholders...It's now down 10%.
C3 AI $AI is a technology company focused on artificial intelligence and machine learning applications. It was founded in 2009 to develop a sophisticated software platform that enables organizations to analyze, predict, and automate their operations by leveraging large-scale datasets and advanced algorithms.
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So far he's riding a wave of positivity, but he's reporting results today, so we'll see. The stock is still short and investors are looking for the right valuation. A chart similar to, say, Palantir over the last month
3 AI stocks that could beat Google $GOOG and Microsoft $MSFT in the long run 👇
C3.ai $AI: Increasingly popular among institutional investors, but we'll have to wait a few years for real gains.
Palantir $PLTR: Palantir is gaining significant market share in the AI market and its revenues are growing solidly. Despite its "meme" reputation :-)
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A big risk for me. I'm certainly not buying their stock.