From Nasdaq: 2024-11-14 12:24:00

C3.ai shares have underperformed due to competition and higher investment plans. However, expanding client base and Enterprise AI software adoption offer positive signs. In Q1 fiscal 2025, revenue grew 21% year-over-year to $87.2 million. Partnerships with Amazon, Alphabet, and Microsoft are driving growth, with 40 agreements closed with Google Cloud alone.

C3.ai’s expanding AI portfolio includes the rebranding of its Asset Performance Suite and successful pilot of C3 Generative AI for Government Programs. This enhances access to public benefits and government programs while improving contact center operations. The company expects solid top-line growth for fiscal 2025 and the second quarter, with revenue guidance between $370 million and $395 million.

Investors should consider C3.ai’s strong demand for AI solutions and expanding partner base. The stock is currently trading above the 50-day and 200-day moving averages, indicating robust momentum. With a Zacks Rank #2 (Buy) and Growth Score of A, C3.ai offers a strong investment opportunity for long-term growth potential. Download the free report on profiting from the trillion-dollar infrastructure boom for more insights.



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