Reported 23 days ago
C3.ai has seen a significant decline in its stock value since its IPO, dropping 72% despite experiencing a brief surge in early 2023. The company's shift to a consumption-based business model in 2022 contributed to initial revenue challenges, but recent financial results indicate a recovery, with a 21% year-over-year revenue increase in Q1 of fiscal 2025. Analysts are optimistic about C3.ai's growth prospects, highlighting a strong demand for AI software and an improving cost structure, which could lead to profitability in the coming years, making it a potential investment opportunity.
Source: YAHOO