Do you want to make a decision on investing in C3.ai stock? Then this article is going to help you a lot.
I’ll be discussing everything you need to know about this artificial intelligence company’s stock forecast, including potential obstacles and future expansion plans.
So, let’s get started by exploring the C3.ai stock forecast for both 2024 and 2025.
At the end of this article, you will have all the important information about the C3.ai stock to make a decision about investment.
C3.AI About
C3.ai is an artificial intelligence (AI) software vendor that focuses in providing software-as-a-service (SaaS) solutions to assist enterprises in deploying enterprise-scale AI.
The company offers two main groups of software products, the C3 AI Suite and C3 AI apps.
The C3 AI Suite is a comprehensive platform-as-a-service that enables customers to easily design, launch, and manage corporate AI applications.
Customers of C3.ai can develop and run their own enterprise AI applications using the C3 AI Suite.
Additionally, the company provides a range of ready-to-deploy enterprise AI applications, known as C3 AI apps.
These applications are carefully tailored to the needs of various sectors and cover a wide variety of verticals.
C3.ai also provides turnkey enterprise AI systems that cater to the unique requirements of specific market categories such as the oil and gas industry.
C3.AI Stock Price History
If you’re thinking about investing in C3.AI, you should first learn about the company’s stock price history.
The 52-week high for C3.AI stock is $34.49, while the 52-week low is $10.40.
Currently, C3.AI stock is trading at $10.90 in the stock market.
It is worth noting that the price of C3.AI shares is approximately 67% lower than its 52-week high, which may create caution for some investors.
C3.ai’s Challenges
Investors in C3.ai have expressed concern about the business’s development prospects, especially when the company anticipated a sales increase of only 1% to 7% for its fiscal year ending in April 2024.
This would be a considerable decrease compared to the company’s 38% growth in fiscal year 2022 and 17% growth in fiscal year 2021.
Macroeconomic challenges, notably in the energy and industrial sectors, which are important markets for C3.ai, are one of the fundamental causes of this delay.
The company primarily sells its AI algorithms as stand-alone services or integrates them into an organization’s existing software infrastructure, which can be affected by macroeconomic conditions.
Furthermore, investors have expressed concerns about client concentration, recovery plans, and persistent losses.
These obstacles have contributed to a decrease in the stock price and have caused investors to question the company’s long-term profitability.
C3.ai stock forecast 2024
The recent decline in the stock market, particularly for major indices in September, has resulted in significant losses for many equities, causing their values to drop below the $20 mark.
While this may seem like a prime opportunity to buy stocks at a discounted price, it’s important to investigate the reasons behind the decline.
Issues with balance sheets, business strategies, and economic outlooks can all contribute to a company’s declining stock price, so it’s crucial to conduct thorough research and analysis before making any investment decisions.
By considering both fundamental and technical analysis, as well as analyst predictions that C3.ai’s stock forecast for 2024 will fall within the range of $18 to $22.
Year | Minimum Price | Max price |
2024 | 18$ | 22$ |
C3.ai stock forecast 2025
C3.ai’s recent expansion of its collaboration with Google Cloud could prove to be a significant boost to the company’s sales, as it combines C3.ai’s cutting-edge AI capabilities with the cloud services offered by the tech giant.
Year | Min Price | Max Price |
2025 | 29.80$ | 32.50$ |
This partnership has the potential to drive growth for the company in the coming years, despite its current challenges.
Despite the recent slowdown in sales growth, C3.ai remains a technology-based company with strong potential for the future.
If the company can successfully navigate its current obstacles, it may well see its stock price projection for 2025, estimated to be between $29.80 and $32.50, come to fruition.
C3.ai stock forecast 2024,2025
C3.ai stock forecast 2024 | Max Target 22 USD, Min Target 18 USD |
C3.ai stock forecast 2025 | Max Target 29.80 USD, Min Target 32.50 USD |
C3.ai stock forecast FAQ
What is the highest value C3.ai’s stock has reached in the last 52 weeks?
C3.ai’s stock reached its highest value in the past 52 weeks at $34.49.
What is the lowest value C3.ai’s stock has reached in the last 52 weeks?
C3.ai’s stock reached its lowest value in the past 52 weeks at $10.60.
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