Latest news with #C3ai
Bloomberg
8 hours ago
- Business
- Bloomberg
C3.ai CEO Tom Siebel to Seek Successor Due to Health Concerns
Software company Inc. is looking for a new chief executive officer after Tom Siebel said he intends to step aside due to health concerns. 'After being diagnosed with an autoimmune disease in early 2025, I have experienced significant visual impairment,' Siebel said in a statement Thursday. He will remain executive chairman once the company's board appoints a successor, he added.
Yahoo
13 hours ago
- Business
- Yahoo
Stock-Split Watch: Is C3.ai Next?
Key Points Companies can use stock splits as a way to change their stock price and share count. They often happen for a specific reason. While they aren't necessarily easy to predict, there are a few clues investors can look for. 10 stocks we like better than › Stock splits are tools that companies can use to artificially manipulate their stock prices or share count. While they aren't always easy to predict, they are typically done for a specific reason and tend to draw interest from shareholders. (NYSE: AI) has been a popular stock to watch among retail investors, as the company has tried to tap into the enthusiasm brought about by the high-flying artificial intelligence (AI) sector. The company hasn't had a great year, and the stock is actually down significantly since going public at the end of 2020. Could a stock split be in the cards? Why companies do stock and reverse stock splits Before we examine whether could conduct some kind of stock split in the near future, it's important for investors to understand what a stock split and reverse stock split is. A stock split allows a company to decrease its share price and increase its shares outstanding, while a reverse stock split does the opposite. It's crucial for investors to remember that stock splits do not change the market cap of a company, so if you own an equity position in a stock before some kind of stock split, the share price might change, but the actual equity position doesn't. Why would a company undergo a stock split? Well, there are a few reasons, but the big one has to do with bringing the share price up or down for a strategic reason. Let's say some high-growth AI company just went on a massive run, and now their stock price trades for more than $1,000 per share. That might look daunting to retail investors, so a company would conduct a stock split to lower the share price in order to make it more appealing. Stock splits can also boost liquidity. A reverse stock split can be a useful tool if a company on the New York Stock Exchange or Nasdaq has fallen out of compliance. Both major exchanges require stocks to trade for over $1 per share for 30 consecutive trading days. If a company is struggling and has seen a big sell-off, but thinks they can turn things around and wants to stay on a major exchange, than a reverse stock split can increase the share price and serve as a bridge until the company gets back on its feet. Will make a move? The enterprise AI company has never conducted any kind of stock split. After listing its initial public offering at $42 in late 2020, the stock surged to as high as $161 per share, but now trades around $28.50 and at a $3.9 billion market cap. So the stock is not unattainable for investors in terms of price and also clearly in compliance with NYSE rules. According to MarketWatch data, the majority of the firm's nearly 131 million outstanding shares are public, so there doesn't appear to be any need to boost liquidity. The only way is likely to conduct a reverse stock split is if it experiences a significant sell-off, which is not necessarily impossible, especially if the stock market starts to struggle. In the company's fiscal year, lost nearly $289 million on revenue of about $389 million. That means the stock is likely overvalued -- at least when looking at valuation. Short interest at the end of June was also very high, at close to 21% of the public float. However, it is not uncommon for AI companies with strong potential to trade at these kinds of valuations. does seem to have potential. The company's software helps developers build AI applications, even if they don't have a ton of experience with building large language models. also claims its software can help developers significantly cut down the time required in writing this complicated code. Ultimately, while might be overvalued, it still seems very unlikely that it would experience the kind of intense sell-off that would require the company to conduct a reverse stock split. Should you buy stock in right now? Before you buy stock in consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $641,800!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,023,813!* Now, it's worth noting Stock Advisor's total average return is 1,034% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Bram Berkowitz has no position in any of the stocks mentioned. The Motley Fool recommends The Motley Fool has a disclosure policy. Stock-Split Watch: Is Next? was originally published by The Motley Fool
Yahoo
4 days ago
- Business
- Yahoo
Reflecting On Data Infrastructure Stocks' Q1 Earnings: C3.ai (NYSE:AI)
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let's take a look at how (NYSE:AI) and the rest of the data infrastructure stocks fared in Q1. Generating insights from system level data is an increasing priority for most businesses, but to do so requires connecting and analyzing piles of data stored and siloed in separate databases. This is the demand driver for cloud based data infrastructure software providers, who can more readily integrate, distribute and process information vs. legacy on-premise software providers. The 4 data infrastructure stocks we track reported a satisfactory Q1. As a group, revenues beat analysts' consensus estimates by 0.8% while next quarter's revenue guidance was 0.9% below. Thankfully, share prices of the companies have been resilient as they are up 6.3% on average since the latest earnings results. (NYSE:AI) Founded in 2009 by enterprise software veteran Tom Seibel, (NYSE:AI) provides software that makes it easy for organizations to add artificial intelligence technology to their applications. reported revenues of $108.7 million, up 25.6% year on year. This print exceeded analysts' expectations by 0.8%. Overall, it was a strong quarter for the company with an impressive beat of analysts' EBITDA estimates and a narrow beat of analysts' billings estimates. pulled off the fastest revenue growth and highest full-year guidance raise of the whole group. Unsurprisingly, the stock is up 24.3% since reporting and currently trades at $28.65. Is now the time to buy Access our full analysis of the earnings results here, it's free. Best Q1: Elastic (NYSE:ESTC) Started by Shay Banon as a search engine for his wife's growing list of recipes at Le Cordon Bleu cooking school in Paris, Elastic (NYSE:ESTC) helps companies integrate search into their products and monitor their cloud infrastructure. Elastic reported revenues of $388.4 million, up 16% year on year, outperforming analysts' expectations by 2.1%. The business had a strong quarter with accelerating customer growth and a solid beat of analysts' EBITDA estimates. Although it had a fine quarter compared its peers, the market seems unhappy with the results as the stock is down 5.4% since reporting. It currently trades at $87. Is now the time to buy Elastic? Access our full analysis of the earnings results here, it's free. Weakest Q1: Teradata (NYSE:TDC) Part of point-of-sale and ATM company NCR from 1991 to 2007, Teradata (NYSE:TDC) offers a software-as-service platform that helps organizations manage and analyze their data across multiple storages. Teradata reported revenues of $418 million, down 10.1% year on year, falling short of analysts' expectations by 2.4%. It was a mixed quarter as it posted an impressive beat of analysts' billings estimates but EPS guidance for next quarter missing analysts' expectations significantly. Teradata delivered the weakest performance against analyst estimates and slowest revenue growth in the group. The stock is flat since the results and currently trades at $21.77. Read our full analysis of Teradata's results here. Confluent (NASDAQ:CFLT) Started in 2014 by the team of engineers at LinkedIn who originally built it as an internal tool, Confluent (NASDAQ:CFLT) provides infrastructure software for organizations that makes it easy and fast to collect and move large amounts of data between different systems. Confluent reported revenues of $271.1 million, up 24.8% year on year. This number surpassed analysts' expectations by 2.6%. Overall, it was a strong quarter as it also logged EPS guidance for next quarter exceeding analysts' expectations and a solid beat of analysts' EBITDA estimates. Confluent achieved the biggest analyst estimates beat but had the weakest full-year guidance update among its peers. The stock is up 7.2% since reporting and currently trades at $25.48. Read our full, actionable report on Confluent here, it's free. Market Update Thanks to the Fed's series of rate hikes in 2022 and 2023, inflation has cooled significantly from its post-pandemic highs, drawing closer to the 2% goal. This disinflation has occurred without severely impacting economic growth, suggesting the success of a soft landing. The stock market thrived in 2024, spurred by recent rate cuts (0.5% in September and 0.25% in November), and a notable surge followed Donald Trump's presidential election win in November, propelling indices to historic highs. Nonetheless, the outlook for 2025 remains clouded by potential trade policy changes and corporate tax discussions, which could impact business confidence and growth. The path forward holds both optimism and caution as new policies take shape. Want to invest in winners with rock-solid fundamentals? Check out our Hidden Gem Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.
Yahoo
6 days ago
- Business
- Yahoo
C3.ai, Inc. (AI) Gains As Market Dips: What You Should Know
In the latest trading session, Inc. (AI) closed at $28.71, marking a +1.23% move from the previous day. The stock exceeded the S&P 500, which registered a loss of 0.01% for the day. Elsewhere, the Dow lost 0.32%, while the tech-heavy Nasdaq added 0.05%. The stock of company has risen by 17.38% in the past month, leading the Computer and Technology sector's gain of 7.44% and the S&P 500's gain of 5.37%. Market participants will be closely following the financial results of Inc. in its upcoming release. The company is forecasted to report an EPS of -$0.15, showcasing a 200% downward movement from the corresponding quarter of the prior year. In the meantime, our current consensus estimate forecasts the revenue to be $104.12 million, indicating a 19.39% growth compared to the corresponding quarter of the prior year. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of -$0.37 per share and a revenue of $467.27 million, indicating changes of +9.76% and +20.1%, respectively, from the former year. It is also important to note the recent changes to analyst estimates for Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook. Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Inc. is currently a Zacks Rank #2 (Buy). The Computers - IT Services industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 82, positioning it in the top 34% of all 250+ industries. The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Be sure to use to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Inc. (AI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Globe and Mail
7 days ago
- Business
- Globe and Mail
Stock Market Today: BigBear.ai (BBAI) Rises 15% Amid Continued Investor Interest in Defense AI
(NYSE: BBAI) saw its stock close at $8.22 on Thursday, July 17, marking a significant 15.5% increase. The intraday trading showed notable volatility, ranging between a low of $7.25 and a high of $8.38. In the context of broader market movements, performance outstripped that of key indices. The S&P 500 saw a 0.54% increase, while the Nasdaq Composite rose by 0.74%, indicating that the stock's robust rise was primarily driven by company-specific excitement rather than macroeconomic factors. Among its competitors, Palantir Technologies (NASDAQ: PLTR) and (NYSE: AI) recorded more modest gains of 2% and 4.2%, respectively. Despite positive performances from these peer companies, 15% climb highlights investor enthusiasm toward its recent strategic partnerships in the United Arab Emirates. The day's trading volume was approximately 205 million shares, exceeding its 50-day average of 143 million shares and the 200-day average of 96 million shares. This heightened activity suggests increased investor interest, likely spurred by the company's recent advancements and strategic initiatives in defense technology. Overall, notable rally reflects growing market confidence in its role within the evolving defense AI landscape, signaling potential for sustained growth. Should you invest $1,000 in right now? Before you buy stock in consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $674,281!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,050,415!* Now, it's worth noting Stock Advisor's total average return is 1,058% — a market-crushing outperformance compared to 179% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 15, 2025 JesterAI is a Foolish AI, based on a variety of Large Language Models (LLMs) and proprietary Motley Fool systems. All articles published by JesterAI are reviewed by our editorial team, and The Motley Fool takes ultimate responsibility for the content of this article. JesterAI cannot own stocks and so it has no positions in any stocks mentioned. The Motley Fool has positions in and recommends Palantir Technologies. The Motley Fool recommends The Motley Fool has a disclosure policy.
