Should You Buy C3.ai Stock Before May 28?
C3.ai (NYSE: AI) was at the vanguard of artificial intelligence (AI) when it was founded in 2009, so it saw this technological revolution coming from a mile away. It now offers over 130 ready-made and customizable applications to help businesses accelerate their adoption of AI, which is very useful for those without the resources or expertise to develop the technology from scratch. C3.ai stock is trading significantly below its all-time high from 2020, but its valuation is starting to look attractive, especially in light of the company's rapid revenue growth and its enormous addressable market, which could top $1.3 trillion by 2032. The company is scheduled to report financial results for its fiscal 2025's fourth quarter (which ended on April 30) on May 28, when it will provide an update on its business and a forecast for the new fiscal year. Should investors buy C3.ai stock ahead of the report?Continue reading
C3.ai (NYSE: AI) was at the vanguard of artificial intelligence (AI) when it was founded in 2009, so it saw this technological revolution coming from a mile away. It now offers over 130 ready-made and customizable applications to help businesses accelerate their adoption of AI, which is very useful for those without the resources or expertise to develop the technology from scratch.
C3.ai stock is trading significantly below its all-time high from 2020, but its valuation is starting to look attractive, especially in light of the company's rapid revenue growth and its enormous addressable market, which could top $1.3 trillion by 2032.
The company is scheduled to report financial results for its fiscal 2025's fourth quarter (which ended on April 30) on May 28, when it will provide an update on its business and a forecast for the new fiscal year. Should investors buy C3.ai stock ahead of the report?
