C3.aiAI
Market Cap: $2.95B
About: C3.ai Inc is an enterprise artificial intelligence company. The company provides software-as-a-service applications that enable customers to rapidly develop, deploy, and operate large-scale Enterprise AI applications across any infrastructure. It provides solutions under three divisions namely, The C3 AI Platform, which is an end-to-end application development and runtime environment for designing, developing, and deploying AI applications: C3 AI Applications, which is a portfolio of pre-built, extensible, industry-specific, and application-specific Enterprise AI applications: and C3 Generative AI, which combines the utility of large language models. Geographically the company derives revenue from North America, Europe, the Middle East and Africa, Asia Pacific, and the Rest of the World.
Employees: 891
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
83% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 40
14% more capital invested
Capital invested by funds: $1.42B [Q1] → $1.61B (+$198M) [Q2]
13% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 94
11% more funds holding
Funds holding: 302 [Q1] → 335 (+33) [Q2]
2.05% more ownership
Funds ownership: 43.93% [Q1] → 45.98% (+2.05%) [Q2]
6% more call options, than puts
Call options by funds: $520M | Put options by funds: $489M
0% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 3 (+0) [Q2]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Oppenheimer Timothy Horan 81% 1-year accuracy 17 / 21 met price target | 72%upside $40 | Outperform Maintained | 5 Sept 2024 |
JMP Securities Joe Goodwin 40% 1-year accuracy 10 / 25 met price target | 72%upside $40 | Market Outperform Reiterated | 5 Sept 2024 |
B of A Securities Brad Sills 50% 1-year accuracy 14 / 28 met price target | 14%downside $20 | Underperform Maintained | 5 Sept 2024 |
Canaccord Genuity Kingsley Crane 36% 1-year accuracy 8 / 22 met price target | 1%downside $23 | Hold Maintained | 5 Sept 2024 |
DA Davidson Gil Luria 46% 1-year accuracy 18 / 39 met price target | 14%downside $20 | Neutral Maintained | 5 Sept 2024 |
Financial journalist opinion
Based on 86 articles about AI published over the past 30 days