Trading Strategies For C3.Ai Stock Heading Into Q4 Earnings
Portfolio Pulse from Melanie Schaffer
C3.Ai Inc (NYSE:AI) is set to release its Q4 financial results, with analysts expecting an EPS of negative 17 cents on revenues of $71.32 million. Piper Sandler analyst Arvind Ramnani reiterated a Neutral rating on C3.Ai and maintained a $23 price target. The stock's technical perspective looks mixed heading into the event.
May 31, 2023 | 7:14 pm
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C3.Ai is set to release Q4 financial results, with mixed technical perspective heading into the event. Analysts expect an EPS of negative 17 cents on revenues of $71.32 million.
The stock's technical perspective looks mixed heading into the event, trading in an inside bar pattern but with a gap below. Analysts expect an EPS of negative 17 cents on revenues of $71.32 million for the quarter ending March 31. Piper Sandler analyst Arvind Ramnani reiterated a Neutral rating on C3.Ai and maintained a $23 price target. The stock's performance after the earnings release will depend on how the actual results compare to analyst expectations and market sentiment.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100