What's Going On With C3.ai Stock Wednesday?
Portfolio Pulse from Adam Eckert
C3.ai Inc (NYSE:AI) is set to report its fiscal first-quarter earnings, with expectations of a 13-cent loss per share on $86.942 million in revenue. The company has a history of exceeding estimates and is experiencing strong demand for its AI solutions. Analysts are focused on growth, margins, and potential deals, with the stock trending on Reddit due to high short interest.
September 04, 2024 | 4:25 pm
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C3.ai is expected to report a 13-cent loss per share on $86.942 million in revenue. The company has a strong track record of beating estimates and is seeing high demand for its AI solutions. Analysts are focused on growth and margins, with high short interest adding to volatility.
C3.ai has a history of exceeding earnings expectations, which could lead to a positive short-term impact on the stock price if they beat estimates again. The strong demand for AI solutions and high short interest could drive volatility, but overall sentiment appears positive.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100