Strong second-quarter results, partnership with Microsoft and other cloud providers led to 45.3% YTD stock increase.
From Nasdaq: 2024-12-11 12:04:00
C3.ai AI shares saw a slight increase to $41.73 on Dec. 10 after strong second-quarter fiscal 2025 results. Adjusted loss per share was 6 cents, beating estimates. Revenues of $94.34 million rose 29% year over year. C3.ai’s partnership with Microsoft and other big cloud providers has led to a 45.3% YTD stock increase.
C3.ai’s enterprise AI applications, especially C3 Generative AI, gained traction in the second quarter of 2025. The company closed 58 agreements, with 36 involving pilot projects. Strong demand for Generative AI solutions and federal business growth were notable catalysts for C3.ai.
Partnerships with Google Cloud, AWS, and Microsoft Azure drove 62% of C3.ai’s agreements in the second quarter. The company expects revenues between $378 million and $398 million for fiscal 2025, indicating a 28% year-over-year growth. Strong interest in Generative AI solutions and expanding partnerships are boosting revenue prospects for C3.ai.
C3.ai stock may not be cheap, but it benefits from demand for Generative AI and an expanding partner network. Technical indicators show bullish momentum, trading above moving averages. With a Zacks Rank #2 and Growth Score of A, AI stock presents a compelling investment opportunity for those looking to capitalize on the company’s growth potential.
Read more at Nasdaq: Is the C3.ai Stock a Buy Post Q2 Earnings and Microsoft Partnership?
