C3.ai Stock Is Still Too Pricey Despite Its Sharp Correction

InvestorPlace2021-09-22

AI stock is trading at more than 21 times forward sales with unimpressive growth rates. Shares of enterprise AI platformC3.ai(NYSE:AI)have cooled off considerably from their highs in February. Most ...

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Comments

Calvinq
2021-09-22
Calvinq
Like pls. AI ?
ZeonLeong
2021-09-22
ZeonLeong
like tq
ALi_BaBa
2021-09-22
ALi_BaBa
Great
ACCY
2021-09-22
ACCY
Wow… when to go in then?
- ALi_BaBa:
  Like
ssw04104
2021-09-22
ssw04104
是
- ssw04104:
  胡
XIN90
2021-09-22
XIN90
:(

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Most ...</p>\n\n<a href=\"https://investorplace.com/2021/09/ai-stock-is-still-pricey-despite-its-sharp-correction/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AI","symbol_name":"C3.ai, Inc.","start_time":0,"source_url":"https://investorplace.com/2021/09/ai-stock-is-still-pricey-despite-its-sharp-correction/","article_id":"1124142626","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1124142626","pubTimestamp":1632316572,"sourceInfo":{"source_id":"lsy1606302653667","name":"InvestorPlace"},"weMediaInfo":null,"summary":"AI stock is trading at more than 21 times forward sales with unimpressive growth rates.\n\nShares of e","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AI":"C3.ai, Inc."},"translate_title":"C3.AI股票尽管大幅回调，但仍然太贵","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AI":0.9},"content_text":"AI stock is trading at more than 21 times forward sales with unimpressive growth rates.\n\nShares of enterprise AI platformC3.ai(NYSE:AI)have cooled off considerably from their highs in February. 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Revenues increased 88%, 48%, and 71% in 2018, 2019 and 2020, respectively. However, in fiscal 2021 the company’s revenues rose just 17%. The management has blamed the pandemic-fueled slowdown, which disrupted the energy and industrial markets, accounting for most of its sales.\nThe company expects its operating losses to widen from $60.3 million to over$107 millionin fiscal 2022 as it looks to ramp up its investments. CFO Dave Barter laid out the company’s intention to “invest thoughtfully in headcount in programs to accelerate our revenue growth.”\nThe Bear Case Is More Compelling\nSo far, the bear case for C3.ai has won out. For starters, the company has a colossal valuation of over $5.2 billion and trades at over 21x forward sales. Forward revenue estimates are at just 28%, which is considered quite normal in the enterprise software business. 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