C3.ai, Inc. (AI) Stock Falls Amid Market Uptick: What Investors Need to Know

Company Performance - C3.ai, Inc. (AI) closed at $22.58, showing a slight decrease of -0.04% from the previous day's closing price, underperforming the S&P 500's gain of 0.06% [1] - Over the past month, C3.ai's shares have increased by 3.58%, contrasting with the Computer and Technology sector's decline of 5.52% and the S&P 500's drop of 4.29% [1] Upcoming Financial Results - The upcoming earnings report for C3.ai is expected to show an EPS of -$ 0.20, which represents an 81.82% decrease compared to the same quarter last year [2] - Revenue is forecasted to be $108.31 million, indicating a growth of 25.08% year-over-year [2] Full-Year Estimates - For the full year, Zacks Consensus Estimates predict earnings of -$ 0.45 per share and revenue of $388.39 million, reflecting year-over-year changes of +4.26% and +29.65%, respectively [3] - Recent changes in analyst estimates for C3.ai indicate a positive outlook regarding the company's business and profitability [3] Zacks Rank and Industry Performance - C3.ai currently holds a Zacks Rank of 2 (Buy), with the Zacks Rank system showing a strong historical performance, particularly for 1 stocks which have averaged an annual return of +25% since 1988 [5] - The Computers - IT Services industry, part of the Computer and Technology sector, ranks in the top 37% of all industries, suggesting strong performance potential [6]