C3.ai: Investor Day Disaster
Updated - July 11, 2023
Investors should use this opportunity to exit C3.ai at the highs on AI hype.
Original article posted on June 28
- C3.ai, Inc. disappointed the market with lack of long-term financial projections at 2023 Investor Day.
- The enterprise AI software company is only forecasting around 15% revenue growth this FY despite all the AI momentum.
- The stock already trades at 12x FY24 revenue targets, suggesting downside risk on C3.ai failing to ramp up growth.
- This idea was discussed in more depth with members of my private investing community, Out Fox The Street. Learn More »