Is C3.AI profitable? Earnings Calendar for the week starting 09Dec24

KYHBKO
12-09

Earnings Calendar (09Dec24)

There are a few earnings of interest namely C3.AI, Oracle, Adobe, Costco, Broadcom and GameStop.

It is interesting to know what are the financial performance of the AI companies. Let us look at C3.AI

C3 is an enterprise AI software company with a suite of solutions.

Investing dot com has recommended a “Strong Buy” rating based on technical analysis and a “Neutral” rating based on Analysts Sentiment. The price target is $25.55 which implies a downside of 36.94% based on the latest price.

Observations:

  • Revenue grew from $92M (2019) to $311M (2024).

  • Gross profit grew from $61M (2019) to $179M (2024).

  • Earnings per Share (EPS) continued in the negative and grew with more losses from -$0.45 (2019) to -$2.34 (2024).

  • Operating profit continues to be negative (in losses). It started with a loss of $36M (2019) and reached a loss of $318M (2024).

  • P/E ratio remains -18.5.

  • It is concerning to note a declining trend for gross margin and increasing operating losses over the years.

  • The more revenue is incurred, the more operating losses C3 suffers.

For the coming earnings forecast, the EPS and revenue are -0.136 and $91.06M respectively.

Given the financials, I prefer to stay away from C3 for now.

@TigerStars

$Costco(COST)$

$C3.ai, Inc.(AI)$

Winning Trades
Share your positions with us! This is a column where you can find the winning trades of our fellow tigers. There probably are a few potential opportunities that you may have overlooked.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • UrsulaFowler
    12-09
    UrsulaFowler
    Your analysis raises valid concerns about C3.ai's profitability.
    • KYHBKO: 
      yes. not every AI company is making money
  • fishhhh
    12-09
    fishhhh
    Too risky
    • KYHBKO: 
      yes. it is too risky for me.  
Leave a comment
4
1