
C3.ai (AI) Stock Forecast & Price Target
C3.ai (AI) Analyst Ratings
Bulls say
C3.ai Inc reported a robust revenue increase of 26% year-over-year, reaching $98.8 million, and subscription revenue also saw a notable rise of 22% year-over-year to $85.7 million, indicating strong demand for its software-as-a-service solutions. The company demonstrated solid growth in partnerships, particularly with Microsoft and AWS, which accelerated new pilot initiatives to 50 from 36 in the prior quarter, contributing to a dramatic 244% year-over-year increase in the joint qualified opportunity pipeline. Additionally, non-Baker Hughes revenue growth accelerated to 43% year-over-year, underscoring the positive impact of expanding partnerships and enhanced sales cycles in driving C3.ai's growth trajectory.
Bears say
C3.ai Inc. is experiencing near-term revenue depression as new customers are onboarded, leading to longer ramp-up periods for consumption levels, which may hinder immediate growth prospects. The company's recent revenue of $98.8 million fell within expected ranges but reflects challenges, particularly with a sequential decline in subscription revenue of approximately $5 million due to a shift to consumption pricing. Additionally, reliance on a single customer for over 10% of revenue and potential macroeconomic volatility pose significant risks to performance and investor sentiment towards high-growth technology stocks, contributing to a negative outlook for C3.ai's stock.
This aggregate rating is based on analysts' research of C3.ai and is not a guaranteed prediction by Public.com or investment advice.
C3.ai (AI) Analyst Forecast & Price Prediction
Start investing in C3.ai (AI)
Order type
Buy in
Order amount
Est. shares
0 shares