Is C3.ai Stock Going to $55? 1 Wall Street Analyst Thinks So.

Shares of C3.ai (NYSE: AI) are currently down 6.4% since the company's latest earnings report on Monday, Dec. 9. The artificial intelligence (AI) software company posted another strong quarter of growth, with revenue up 29% year over year.Despite the stock's recent performance, JMP Securities analyst Aaron Kimson still sees great upside potential over the next year or so. Following the quarterly update, the analyst raised the firm's price target from $40 to $55, implying 41% upside over the current share price of $39.C3.ai has reported seven consecutive quarters of accelerating growth, which indicates the market for generative AI applications is still heating up.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool