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C3.ai Is a Favorite AI Play. Why This Analyst Downgraded the Stock.

C3.ai Is a Favorite AI Play. Why This Analyst Downgraded the Stock.

Chrys Hendricks by Chrys Hendricks
April 24, 2023
in Finance
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Artificial-intelligence software provider C3.ai has become a favored stock among all the excitement over AI developments in recent months. Investors should be cautious about chasing its rally, according to Wolfe Research. 

Wolfe’s analysts led by Joshua Tilton, said they expect


C3.ai


(ticker: AI) fiscal 2024 growth to come in at 11%, significantly lower than consensus expectations of 20%.

Chrys Hendricks

Chrys Hendricks

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