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Stock impact report

2 Falling AI Stocks That Can Soar by Over 40%, According to Wall Street [Yahoo! Finance]

C3.ai, Inc. Class A (AI) 
Last c3.ai, inc. class a earnings: 2/6 04:35 pm Check Earnings Report
Company Research Source: Yahoo! Finance
If you're willing to take on some risk, there are some beaten-down stocks that may generate some good returns, at least, according to Wall Street. Based on analyst price targets, C3.ai (NYSE: AI) and Bigbear.ai (NYSE: BBAI) could both generate 40% returns or better in the near future. Here's a closer look at these stocks and what would need to happen for them to rally. 1. C3.ai Shares of C3.ai have plunged 25% thus far in 2024. This comes after a much stronger rally in 2023, when the stock surged 157% amid the hype in AI. C3.ai just hasn't been generating the types of growth investors may have expected from an AI stock . While chipmaker Nvidia has been tripling its sales numbers, C3.ai's revenue grew by a much more modest rate of 18% last quarter, for the period ending Jan. 31. And revenue of $78.4 million for the period was up just 7% on a quarter-over-quarter basis from the previous period. The company, however, remains optimistic. C3.ai provides businesses with AI service Show less Read more
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