Oppenheimer Upgrades C3.ai on ‘Accelerating Growth’ and Margin Expansion

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Oppenheimer recently upgraded C3.ai ($NYSE:AI), a leading AI software provider, due to its accelerating growth and margin expansion. C3.ai is a publicly-traded technology company that offers enterprise solutions for digital transformation and artificial intelligence. Its platform helps organizations quickly build, deploy, and operate AI applications at scale. In recent quarters, C3.ai has experienced accelerating growth and increasing margins, which Oppenheimer highlighted in its upgrade. The growing demand for AI-powered services has been a major factor behind C3.ai’s accelerated growth. The company’s products and services are being used by many leading businesses, including Microsoft, SAP, and AWS.

In addition, C3.ai is expanding its services to new industries, such as healthcare and the government sector. This has enabled the company to capture new market opportunities and drive further growth. Oppenheimer’s upgrade of C3.ai is based on the fact that the company is continuing to demonstrate accelerated growth and margin expansion. With strong demand for its services and expanding presence in new industries, C3.ai is well-positioned to continue to benefit from the growth of the AI market in the coming years.

Stock Price

This upgrade was driven by the company’s accelerating growth and margin expansion. Following the news, C3.AI opened at $28.9 and closed at $28.5 – marginally up by 1.7% from the prior close of 28.0. The outlook of the company is positive, and it is expected that the share price will continue to increase in the coming days. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for C3.ai. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for C3.ai. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for C3.ai. More…

Key Ratios Snapshot

Some of the financial key ratios for C3.ai are shown below. More…

Analysis

GoodWhale recently conducted an analysis of C3.AI‘s wellbeing and generated a Star Chart to represent their performance. Looking at the Star Chart, it is apparent that C3.AI is strong in asset growth, but weak in dividend and profitability. Our overall assessment of C3.AI’s health score was 6/10, based on our analysis of cashflows and debt. Based on this assessment, we concluded that C3.AI is a “rhino” type of company, meaning that it has achieved moderate revenue or earnings growth. Investors interested in C3.AI will likely be those who are looking for moderate growth with modest returns. They may also be attracted to its strong asset growth, which suggests that the company should have no difficulty in maintaining operations in times of crisis. More…

Peers

The company was founded in 2009 by Tom Siebel, a veteran of the software industry. C3.ai‘s primary competitors are Microsoft Corp, Salesforce Inc, and Palantir Technologies Inc.

– Microsoft Corp ($NASDAQ:MSFT)

Microsoft Corporation is an American multinational technology company with a market cap of $1.73 trillion as of 2022. It specializes in developing and manufacturing consumer electronics, computer software, and personal computers. The company’s Return on Equity (ROE) is 31.9%. Microsoft has been one of the world’s largest companies by market cap since the early 1990s.

– Salesforce Inc ($NYSE:CRM)

Salesforce is a cloud-based customer relationship management platform. The company’s market cap is $162.59 billion as of 2022, and its return on equity is 0.08%. Salesforce was founded in 1999 and is headquartered in San Francisco, California. The company provides customer relationship management (CRM) software to businesses of all sizes.

– Palantir Technologies Inc ($NYSE:PLTR)

Palantir Technologies Inc is a data mining and analytics company that provides software to help organizations make better decisions. The company has a market cap of 18.14B as of 2022 and a return on equity of -13.19%. Palantir’s software is used by a variety of organizations, including the US government, law enforcement, and private companies. The company has come under scrutiny for its role in helping the US government track and target terrorists.

Summary

Analysts at Oppenheimer recently upgraded C3.AI, citing the company’s accelerating growth and margin expansion. This is good news for investors, as it suggests that C3.AI may be poised for strong performance in the future. The company provides enterprise AI software solutions that enable organizations to quickly and cost-effectively build and deploy advanced AI applications.

With the growing demand for AI-powered solutions, the potential for C3.AI to benefit from this trend is strong. As such, investors should consider C3.AI as an attractive option for their portfolio.