C3.ai: Stalled For Now, But AI Pipeline Building (Rating Upgrade)
Update - Dec. 19, 2023
C3.ai appears set for another breakout. The stock gets expensive really quick.
Original article posted on Dec. 7
- C3.ai, Inc. announces quarterly results that miss consensus estimates, marking three consecutive quarters without growth.
- The enterprise AI software company is focused on building its pipeline and increasing customer engagements, but the market remains skeptical due to the shift in its business model.
- C3.ai stock is inching towards the buy range at 8x EV/S targets.