C3.ai Inc (AI, Financial) witnessed a notable stock movement, with shares rising by 5.05%. The latest trade price was $24.19 per share, with a trading volume of 1.439 million shares, a turnover rate of 1.13%, and a price fluctuation of 4.86%.
In its recent financial report, C3.ai Inc reported a revenue of $87.21 million and a net loss of $62.83 million, resulting in an earnings per share (EPS) of -$0.50. The company achieved a gross profit of $52.17 million, while the price-to-earnings (P/E) ratio stood at -10.59.
Among 15 rating institutions, 27% recommended buying AI shares, 47% suggested holding, and 26% advised selling. In the software services sector, where AI operates, the overall growth was 0.80%.
Other related stocks in the industry, such as Wag Group Co and Xbp Europe Hldgs Inc, showed significant increases. Active stocks included Rezolve Ai Ltd, Nextplat Corp, and Arqit Quantum Inc, which experienced substantial price swings.
About C3.ai Inc: The company specializes in enterprise AI solutions and provides software-as-a-service applications enabling rapid development and deployment of AI applications across various infrastructures. C3.ai operates through three segments: the AI platform, AI applications, and generative AI, catering to diverse industries globally.
