Is C3.ai Stock a Buy Now? | The Motley Fool (2024)

FAQs

Is C3.ai Stock a Buy Now? | The Motley Fool? ›

In short, investors should stay far away from this volatile stock -- which has been rising high on the AI hype train, not because it's generating sustainable growth.

On average, Wall Street analysts predict that C3ai's share price could fall to $27.00 by Jun 1, 2024. The average C3ai stock price prediction forecasts a potential downside of 27.01% from the current AI share price of $36.99.

The 10 analysts offering 12-month price forecasts for C3.ai Inc have a median target of 23.50, with a high estimate of 50.00 and a low estimate of 14.00. The median estimate represents a -36.43% decrease from the last price of 36.97.

Future price of the stock is predicted at 46.987154968314$ (29.727% ) after a year according to our prediction system. This means that if you invested $100 now, your current investment may be worth 129.727$ on 2024 June 09, Sunday.

The next few years will be an exciting time for the machine learning industry. C3.ai should benefit from the aforementioned, multinational agreement to support AI. Plus, Wood's optimism indicates that AI has a robust future, and this bodes well for C3.ai. Therefore, I fully expect AI stock to rally to $100 by 2025.

C3.ai has received a consensus rating of Hold. The company's average rating score is 1.91, and is based on 2 buy ratings, 6 hold ratings, and 3 sell ratings.

Which machine learning algorithm is best for stock price prediction? Based on experiments conducted in this article, LSTMs seem to be the best initial approach in solving the stock price prediction problem.

C3.ai Inc has a Long-Term Technical rank of 99. This means that trading over the last 200 trading days has placed the company in the upper half of stocks with 1% of the market scoring higher. In the Software - Application industry which is number 73 by this metric, AI ranks better than 73% of stocks.

C3.ai Inc - Class A quote is equal to 38.655 USD at 2023-06-09. Based on our forecasts, a long-term increase is expected, the "AI" stock price prognosis for 2028-06-02 is 54.177 USD. With a 5-year investment, the revenue is expected to be around +40.16%. Your current $100 investment may be up to $140.16 in 2028.

UBS predicted that the artificial intelligence hardware and services market will hit $90 billion by 2025. It was worth around $36 billion in 2020, per IDC and Bloomberg Intelligence data.

Which stock will make me rich in 2023? ›

We have compiled a list of the best beginner stocks to buy in 2023 which include PepsiCo, Inc. (NYSE:PEP), UnitedHealth Group Inc. (NYSE:UNH), and Microsoft Corporation (NASDAQ:MSFT).

According to Next Move Strategy Consulting the market for artificial intelligence (AI) is expected to show strong growth in the coming decade. Its value of nearly 100 billion U.S. dollars is expected to grow twentyfold by 2030, up to nearly two trillion U.S. dollars. The AI market covers a vast amount of industries.

Historical dividend payout and yield for C3.ai (AI) since 1971. The current TTM dividend payout for C3.ai (AI) as of June 09, 2023 is $0.00. The current dividend yield for C3.ai as of June 09, 2023 is 0.00%.

Based on analyst ratings, C3ai's 12-month average price target is $26.76.

C3 AI Global Technology Partners

AWS services for accelerating digital transformation globally. Intel powers high-performance AI solutions. HPE offers flexibility to deploy at the Edge and in a private cloud.

About C3 AI

Founded and led by Silicon Valley veteran entrepreneur Tom Siebel, C3 AI is managed by a proven, world-class executive team and board of directors, who are 100 percent committed to the success of our customers and the ethical application of AI.

GPT-3 was released in 2020 and is the largest and most powerful AI model to date. It has 175 billion parameters, which is more than ten times larger than its predecessor, GPT-2.

Will AI beat the stock market? ›

ChatGPT isn't going to be a stock-picking genius. Artificial intelligence is more likely to burn investors than benefit them.

On the 6th of March 2023, Kerrisdale Capital made publicly known its short position on C3.ai accusing the company to have poor products based on outdated Ai technology, a poor and shrinking customer portfolio, and an underperforming business model if compared to the average software industry.

C3.ai Stock Falls After Earnings Outlook Fails to Justify the Hype. C3.ai shares were trading sharply lower in premarket trading Thursday, the morning after the company provided a financial outlook for its April 2024 fiscal year that fell shy of Wall Street estimates.

(NASDAQ:AMZN), Advanced Micro Devices, Inc. (NASDAQ:AMD), Microsoft Corporation (NASDAQ:MSFT), and Alphabet Inc. (NASDAQ:GOOGL) are some top artificial intelligence hedge fund stock picks. Click to continue reading and see the 5 Best Artificial Intelligence (AI) Stocks To Buy According to Hedge Funds.

It is unlikely that AI will completely replace human programmers and write code from its own research. Therefore, software engineering and web developer jobs will be safe in the foreseeable future. However, AI is expected to dramatically change how computer scientists and software developers work.

In 2023, we can expect to see further advancements in natural language processing, computer vision, and machine learning. These advancements will allow AI to understand and process information even more effectively, enabling it to make better decisions.

What is the trend in AI and machine learning in 2023? A. Terrific growth in automation across different business sectors, implementation of edge computing to improve efficiency, and computer vision are some of the topmost trends in AI and machine learning in 2023 that the market will be watching out for.

What are the safest stocks to buy in 2023? ›

For the rest of 2023, investors should consider some safe stock winners like Walmart (NYSE:WMT), Home Depot (NYSE:HD) and O'Reilly Automotive (NASDAQ:ORLY). Today, these stocks still have substantial competitive advantages and unique business characteristics likely to support outperformance in this cycle.

After dropping more than 18% in 2022, the S&P 500 is now up around 6% year to date (as of May 4), leading some investors to wonder if it's safe to invest now. The short answer is "yes." The longer answer is, "yes, you should be investing regardless of market movements, if you have the means."

In addition to Amgen, Inc. (NASDAQ:AMGN), other Fast Money stocks that are widely held by elite hedge funds include Tesla, Inc. (NASDAQ:TSLA), UnitedHealth Group Inc. (NYSE:UNH), and Microsoft Corporation (NASDAQ:MSFT).

In the next 10 years, it is predicted that advancements in AI technology will continue to allow for a more efficient way of life. Through machine learning algorithms and deep neural networks, AI can also learn how to solve complex problems faster than humans ever could.

The future of artificial intelligence appears bright with continued advancements in technology. Investment in artificial intelligence reached $93.5 billion in 2021, according to Statista. The current trend for neural networks to grow larger will likely continue into the near future as more functionality is required.

What is the future prediction of AI? ›

What is the future of AI? A. The future of AI is promising, with continuous advancements in machine learning, natural language processing, and computer vision. AI will enhance various industries and transform the way we live and work.

Share Statistics

C3.ai has 113.94 million shares outstanding. The number of shares has increased by 5.37% in one year.

C3.ai, Inc. (C3.ai) is an enterprise artificial intelligence (AI) software company. The Company provides software-as-a-service (SaaS) application that enables deployment of enterprise-scale AI applications. C3.ai provide two families of software solutions: C3 AI Suite and C3 AI applications.

Is C3 AI a good company to work for? C3 AI has an overall rating of 3.9 out of 5, based on over 612 reviews left anonymously by employees. 72% of employees would recommend working at C3 AI to a friend and 67% have a positive outlook for the business.

Are lithium shares a good investment? While lithium share prices can be volatile due to supply-demand issues that impact the value of lithium as a commodity, the lithium sector does have good long-term growth prospects as the demand for lithium-ion batteries in electric vehicles (EVs) continues to increase.

EV production is ramping up globally. As a result, the World Economic Forum has predicted we'll need three million tonnes of lithium globally by 2030. That's a lot of lithium - and a lot of opportunity for the burgeoning industry.

This implementation is yielding positive results in terms of effectiveness and efficiency and is allowing organizations to transform fundamental functions. We predict that in 2023, AI adoption within enterprises will continue to expand and be more creative, trustworthy, and optimized.

If it feels like the future of AI is a rapidly changing landscape, that's because the present innovations in the field of artificial intelligence are accelerating at such a blazing-fast pace that it's tough to keep up. Indeed, artificial intelligence is shaping the future of humanity across nearly every industry.

By 2040, AI applications, in combination with other technologies, will benefit almost every aspect of life, including improved healthcare, safer and more efficient transportation, personalized education, improved software for everyday tasks, and increased agricultural crop yields.

What is the promising future of AI? ›

The future of artificial intelligence appears bright with continued advancements in technology. Investment in artificial intelligence reached $93.5 billion in 2021, according to Statista. The current trend for neural networks to grow larger will likely continue into the near future as more functionality is required.

In twenty years, nearly all data will become digitized, making it possible to use AI for decision-making and optimization. AI and automation will replace most blue-collar work and “make” products for minimal marginal cost. Robots and AI will take over the manufacturing, delivery, design and marketing of most goods.