|Bid||20.89 x 1100|
|Ask||21.08 x 3100|
|Day's range||20.84 - 21.24|
|52-week range||20.42 - 39.78|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||52.40|
|Earnings date||19 Oct 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||35.16|
Three troubling hints indicate this partnership could be in trouble: Baker Hughes already renegotiated lower revenue commitments to extend the agreement last year, it divested its own equity stake in C3.ai, and it invested in C3.ai's competitor Augury instead. If Baker Hughes walks away from the JV, C3.ai's revenue will plummet. To diversify away from Baker Hughes and other large customers, C3.ai is aggressively pursuing smaller contracts from smaller customers.
Cadence Design Systems and Synaptics are part of Zacks Bull and Bear of the Day article.
In its weekly release, Baker Hughes Company (BKR) reports that the oil rig count is higher in the Permian Basin.