|Bid||24.51 x 1000|
|Ask||24.50 x 1000|
|Day's range||24.45 - 26.28|
|52-week range||10.16 - 48.87|
|Beta (5Y monthly)||1.47|
|PE ratio (TTM)||N/A|
|Earnings date||05 Dec 2023 - 11 Dec 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||27.00|
The rising popularity of artificial intelligence (AI) has caught the attention of just about everybody on Wall Street. Analysts at financial institutions are attending seminars, webinars, and everything in between to try and get a grasp on which companies are making inroads in AI versus those that might be using the new buzzword as a means to attract attention. While Big Tech firms such as Alphabet, Microsoft, Amazon, and Nvidia are already looking like the leaders of the AI pack, other growth companies, including Palantir, MongoDB, and ServiceNow, should not be overlooked.
Zacks.com users have recently been watching C3.ai, Inc. (AI) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
After a summer when the stock looked overvalued, the AI stock has dipped to a more reasonable level. Considering the world's continued focus on AI, has that decline made C3.ai a buy, or should investors still avoid this stock? A growing recognition of the power and potential of artificial intelligence stoked broad investor interest in AI stocks across the board, and at one point, C3.ai stock was generously rewarding shareholders.