Is C3.ai Stock a Buy Before Feb. 26? Here Is What History Suggests.
C3.ai stock shows a clear trend leading up to earnings reports.
Over the last few weeks, companies have been reporting earnings for the fourth quarter and full calendar year 2024. For most technology investors, big tech stocks in the "Magnificent Seven," as well as emerging players such as Palantir Technologies, received most of the attention across Wall Street.
With earnings season coming to a close, there are still a few companies in the artificial intelligence (AI) race worth watching. One company often compared to Palantir is a software business called C3.ai (NYSE: AI).
On Feb. 26, C3.ai is scheduled to announce financial results for its fiscal third quarter (period ending Jan. 31). Is C3.ai stock a buy before it reports earnings next week? Let's look at some recent developments at the company and analyze historical trends to help us find out.
