
C3.ai (AI) Stock Forecast & Price Target
C3.ai (AI) Analyst Ratings
Bulls say
C3.ai Inc. reported a year-over-year revenue increase of 26% to $98.8 million in the latest quarter, with subscription revenue climbing 22% to $85.7 million, demonstrating strong demand for its AI software solutions. The company signed 28 new agreements with Microsoft and recorded a significant 244% year-over-year increase in its joint qualified opportunity pipeline, reflecting growing strategic partnerships that are enhancing sales momentum. Additionally, the acceleration of non-Baker Hughes revenue growth to 43% year-over-year, alongside the addition of 50 new pilots, underscores C3.ai's expanding market presence and the effectiveness of its collaborative efforts with major industry players.
Bears say
C3.ai is experiencing near-term revenue depression due to the lengthy onboarding process for new customers, which typically takes 3-4 quarters to ramp up consumption levels. Recent financial results indicate that while revenue of $98.8 million was slightly ahead of estimates, subscription revenue decreased by approximately $5 million sequentially, illustrating the risks associated with the company’s shift to consumption pricing and a heavy reliance on a single customer for over 10% of its revenue. Additionally, management indicated volatility in government spending and a competitive environment may negatively impact future guidance and investor sentiment towards high-growth technology stocks, contributing to a cautious outlook.
This aggregate rating is based on analysts' research of C3.ai and is not a guaranteed prediction by Public.com or investment advice.
C3.ai (AI) Analyst Forecast & Price Prediction
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