C3.ai (AI) recently closed down 1.96% at $18.99, underperforming the S&P 500 for the day, despite having gained 10.5% over the past month. The company faces a challenging outlook, with consensus estimates projecting a 450% year-over-year decline in EPS to -$0.33 and a 20.35% revenue drop to $75.14 million for its upcoming earnings report. The Zacks Consensus EPS estimate has remained stagnant over the last month, and C3.ai currently holds a Zacks Rank of #3 (Hold), indicating a neutral near-term outlook.
C3.ai, Inc. (AI) recently closed at $18.99, experiencing a -1.96% decline, underperforming the S&P 500's -0.16% loss and Nasdaq's -0.76% decrease. This daily dip contrasts with its robust 10.5% gain over the past month, which significantly outpaced the Computer and Technology sector's 3.34% and the S&P 500's 1.14% returns. The company faces a challenging outlook for its forthcoming earnings report, with consensus estimates projecting a substantial 450% year-over-year decline in EPS to -$0.33 and a 20.35% drop in revenue to $75.14 million. Fiscal year projections are similarly negative, forecasting EPS of -$1.33 (-224.39% YoY) and revenue of $299.06 million (-23.13% YoY). Analyst sentiment, as reflected by the stagnant Zacks Consensus EPS estimate over the past month, contributes to C3.ai's current Zacks Rank of #3 (Hold), indicating a neutral near-term outlook. While the company faces specific headwinds, its industry, Computers - IT Services, maintains a strong Zacks Industry Rank of 43, placing it in the top 18% of all industries.
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Request a DemoOverall Sentiment
moderately negative
Sentiment Score
-0.60
Ticker Sentiment
