C3.ai is still ‘extremely unprofitable' so don't buy the stock, analyst says
Portfolio Pulse from
C3.ai's stock has recently rebounded, but J.P. Morgan analysts advise against buying it due to its extreme unprofitability. They have set a price target suggesting a potential 35% downside.
December 10, 2024 | 7:00 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
C3.ai is considered 'extremely unprofitable' by J.P. Morgan, which has set a price target indicating a 35% downside. Despite a recent stock rebound, the recommendation is to avoid buying.
J.P. Morgan's analysis highlights C3.ai's lack of profitability and sets a price target with significant downside, suggesting negative short-term impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100