C3.ai, Inc. Stock Overview
C3.ai, Inc. (AI) continues to be a subject of significant interest among investors, as its latest news and performance headlines detail crucial aspects of its stock movement. The company recently reported a 19.6% year-on-year revenue increase to $86.59 million in Q1 CY2024, surpassing analysts’ expectations.
The stock price of C3.ai, Inc. (AI) has exhibited considerable volatility, trading within a 52-week range of $20.23 to $46.88. This volatility is reflected in its beta of 1.82, indicating that the stock is more volatile compared to the broader market.
Key Financial Metrics
C3.ai, Inc. (AI) boasts a market capitalization of $3.552 billion, with 123.71 million shares outstanding. Despite its revenue growth, the company has not distributed dividends, which is a notable point for income-focused investors.
The trailing twelve months (TTM) Earnings Per Share (EPS) for C3.ai, Inc. (AI) stands at -$2.34, underscoring the company’s current unprofitable status. Moreover, the TTM Price-to-Earnings (P/E) ratio is 12.25, while the forward P/E ratio is significantly higher at 40.49, indicating expectations of future earnings growth.
Investment Considerations
For investors considering C3.ai, Inc. (AI), the next earnings date estimated to be on September 4, 2024, could be a critical juncture. This date will provide further insights into the company’s financial health and growth trajectory.
Given the stock’s high beta and EPS figures, potential investors need to consider their risk tolerance. The absence of dividends further implies that shareholders will be relying heavily on capital gains for returns.
Overall, C3.ai, Inc. (AI) presents a complex mix of rapid revenue growth and significant volatility. Investors are advised to stay informed through reliable news sources like Yahoo Finance to make well-rounded trading and investing decisions.
