Document. C3.ai, Inc. is offering 15,500,000 shares of our Class A common stock. This is our initial public offering, and prior to this offering, no public market existed for our shares of common stock. The initial public offering price is $42.00 per share.
Similarly, Is C3.ai undervalued?
Siebel notes that C3.ai has about $1 billion in cash and investments—about 40% of the company’s $2.4 billion market cap. “We’re a massively undervalued security,” he says.
Will C3.ai be acquired? More precisely, this deal is a five-year Production-Other Transaction Agreement with the DoD, allowing for an accelerated timeline to acquire C3. ai’s suite of enterprise AI products. Furthermore, the agreement allows any DoD agency to acquire C3.ai products and services for modeling and simulation.
Thereof, Why is C3.ai stock falling?
The Deutsche Bank analyst writes that “all is not well at C3.ai.” He says that revenue from customers unrelated to the company’s work for the oil service firm Baker Hughes (BKR) declined sequentially in the third quarter, and he said that customer count and current remaining performance obligations – contracted work to …
Is C3 AI a good company?
Although the company is currently unprofitable, it enjoys strong unit economics. The company generates 86% of its revenue from subscription which has a 77-78% gross margin. C3 also has one of the highest retention rate in the software industry with a gross dollar retention of 97%.
How good is C3 AI?
C3 AI has an overall rating of 4.3 out of 5, based on over 480 reviews left anonymously by employees. 85% of employees would recommend working at C3 AI to a friend and 84% have a positive outlook for the business. This rating has decreased by -6% over the last 12 months.
Will AI stock go up?
All the while, the stock price has been in decline. From here, analysts expect pretty solid growth, too. Consensus estimates call for 36% growth in 2021, 33% growth in 2022 and 28.5% growth in 2023. If it works out that way, C3.ai will generate revenue of $428 million in 2023.
How does c3ai make money?
C3.ai is a SaaS company, making money primarily through its Enterprise subscription plans. Part of the revenues is also attributable to professional services. The company uses a direct sales approach where large accounts, mostly leaders in their verticals, are approached and brought on board as customers.
How would you describe artificial intelligence?
Artificial intelligence (AI) is the ability of a computer or a robot controlled by a computer to do tasks that are usually done by humans because they require human intelligence and discernment.
What does C3 AI do?
C3 AI is a leading enterprise AI software provider for accelerating digital transformation. The proven C3 AI Application Platform provides comprehensive services to build enterprise-scale AI applications more efficiently and cost-effectively than alternative approaches.
Is C3 Ai growing?
– C3 AI (NYSE: AI), the Enterprise AI software company, has been named to The Financial Times List of The Americas’ Fastest Growing Companies 2022. This marks the second consecutive year on this prestigious list for C3 AI.
Does C3 AI make money?
Given that C3.ai didn’t make a profit in the last twelve months, we’ll focus on revenue growth to form a quick view of its business development. When a company doesn’t make profits, we’d generally expect to see good revenue growth.
Does C3 Ai pay well?
How much does C3 AI pay per year? The average C3 AI salary ranges from approximately $110,169 per year for a Strategy Associate to $171,784 per year for a Senior Data Scientist. C3 AI employees rate the overall compensation and benefits package 4.4/5 stars.
Is C3 AI Zacks?
How good is it? See rankings and related performance below. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank.
…
Momentum Scorecard. More Info.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 1 | Strong Buy | 24.93% |
| 2 | Buy | 18.44% |
| 3 | Hold | 9.99% |
| 4 | Sell | 5.61% |
How many customers does C3 Ai have?
C3 AI Customer Count: Total enterprise AI customer count was 89, an increase of 82% year over year.
What is the best AI stock?
The 10 best AI companies:
- Nvidia Corp. (NVDA)
- Alphabet Inc. (GOOG, GOOGL)
- Amazon.com Inc. (AMZN)
- Microsoft Corp. (MSFT)
- International Business Machines Corp. (IBM)
- Meta Platforms Inc. (FB)
- DocuSign Inc. (DOCU)
- Taiwan Semiconductor Manufacturing Co. Ltd. (TSM)
Can AI predict Stocks?
Not only are machines incapable of predicting a black swan event, but, in reality, they are more likely to cause one, as traders found out the hard way during the 2010 flash crash when an algorithmic computer malfunction caused a temporary market meltdown. Ultimately, A.I is doomed to fail at stock market prediction.
Which is the most powerful AI company?
Top AI Companies: The Leaders in the Cloud
- Amazon Web Services. …
- Google Cloud Platform. …
- IBM Cloud. …
- Microsoft Azure. …
- Alibaba Cloud.
Is C3 profitable?
Turning to the bottom-line results, the company also incurred a net earnings loss of more than $56.7 million. That’s much worse than the $14.9 million loss reported for the prior-year quarter. Moreover, during the six months ended Oct. 31, 2021, C3.ai sustained a huge net earnings loss of $94.2 million.
Does C3.ai make profit?
C3.ai grew its revenue by 29% over the last year. We think that is pretty nice growth. However, it seems like the market wanted more, since the share price is down 85%.
How many C3.ai does Tom Siebel own?
The total transaction amounted to $29,762,880. Following the transaction, Siebel still owns 4,733,939 shares of C3.Ai worth $210,281,570.00.
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