C3.ai - Getting Smarter, Not Smart Enough

Apr. 12, 2021 4:13 AM ETC3.ai, Inc. (AI) StockAI35 Comments

Summary

  • C3.ai has been one of the most hyped IPOs late in 2020.
  • Despite the AI promise, the actual growth results appear underwhelming, even as the company has quite a few high profile clients.
  • Slower growth and steep losses are key concerns amidst still a very steep valuation after shares have already lost two-thirds from the top.
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When C3.ai (NYSE:AI) went public in December 2020 I wondered if this artificial intelligence play was an intelligent investment as well. This came after shares tripled from the offer price, as I developed a cautious stance

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Analyst’s Disclosure:I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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