Reported about 1 year ago
Over the past few years, C3.ai (NYSE: AI) saw a decrease in its stock value due to business model transitions, but has recently shown signs of recovery. With a shift to a consumption-based pricing model that started in fiscal 2023, C3.ai is experiencing growth once more, as evidenced by a 20% increase in revenue in fiscal 2024 Q4. Analysts predict stronger revenue growth in the future, alongside an improvement in margins, hinting at potential profitability in the next three years. This positive outlook, along with the vast opportunities in the AI software market, suggests an optimistic future for C3.ai's stock performance.
Source: YAHOO