
C3.ai (AI) Stock Forecast & Price Target
C3.ai (AI) Analyst Ratings
Bulls say
C3.ai Inc. experienced a robust 26% year-over-year revenue growth in the recent quarter, amounting to $98.8 million, with subscription revenue increasing by 22% to $85.7 million. The company secured 28 agreements alongside Microsoft, contributing to a significant 244% year-over-year increase in their joint qualified opportunity pipeline, while state and local government deals rose notably from 9 to 21 agreements. Additionally, the acceleration of non-Baker Hughes revenue growth to 43% year-over-year highlights the effectiveness of expanded partnerships with key players like Microsoft, AWS, and McKinsey QuantumBlack in driving sales acceleration and overall business growth.
Bears say
C3.ai Inc is currently facing a depressed revenue outlook, with recent figures indicating $98.8 million, which fell within management's predicted range but reflects challenges in onboarding new customers who typically take 3-4 quarters to ramp up consumption. The shift to consumption-based pricing has led to a sequential decline in subscription revenue by approximately $5 million, exacerbated by potential volatility in government spending and significant reliance on a single major customer for more than 10% of its revenue. Furthermore, the competitive landscape poses additional risks, with any macroeconomic shocks or shifts in investor sentiment towards high-growth technology stocks having the potential to negatively impact the company’s stock performance.
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
Start investing in C3.ai (AI)
Order type
Buy in
Order amount
Est. shares
0 shares