2024-04-15 23:44:14 ET
Summary
- C3.ai, an enterprise AI platform, has seen its stock price decline while other AI stocks have soared.
- The company has been signing on more new deals, particularly with government clients, indicating a large market opportunity.
- C3.ai has a consumption-based business model and solid partnerships with major cloud providers, giving it growth potential and broader reach.
- Its 5.5x forward revenue multiple sits well below peers, indicating a rare value opportunity within the AI subsector.
The big theme in the stock markets this year: AI stocks are sizzling. Well, all except for one name: C3.ai ( AI ), the enterprise AI PaaS platform that is led by Tom Siebel, billionaire founder of Siebel Systems....
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C3.ai: Rare AI Value Stock That You Can Buy With Confidence