C3.ai (NYSE: AI) operates in the rapidly growing AI software market, projected to grow from $22.6 billion in 2020 to $126.0 billion by 2025 at a CAGR of 41.2%.

C3.ai's earnings report is set to be released on May 29, 2024. Analysts expect the company to post earnings of -$0.31 per share, marking a year-over-year decline of 138.46%.

Shares of C3.ai have soared over 20% since the company reported its fiscal fourth-quarter earnings on May 29. The enterprise artificial intelligence (AI) software company saw strong revenue growth and issued upbeat guidance.

This set the scene for Weekly Options USA Members to profit by 54% using an AI Weekly Options trade!

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Thursday, May 16, 2024

by Ian Harvey

UPDATE

Shares of C3.ai (NYSE: AI) have soared over 20% since the company reported its fiscal fourth-quarter earnings on May 29. The enterprise artificial intelligence (AI) software company saw strong revenue growth and issued upbeat guidance. Despite the recent gains, the stock is still down over 30% over the past year.

For its fiscal Q4, C3.ai saw its revenue rise 20% to $86.6 million. More importantly, subscription revenue climbed 41% to $79.9 million. Both total and subscription-revenue growth accelerated each quarter during the past fiscal year.

Looking ahead, C3.ai forecast fiscal Q1 revenue of between $84 million to $89 million, representing 16% to 23% growth. For the full fiscal year, it is projecting revenue in a range of $370 million to $395 million, representing growth of 18% to 27%.

The C3.ai Weekly Options Potential Profit Explained.....

** OPTION TRADE: Buy AI JUN 28 2024 26.000 CALLS - price at last close was $2.72 - adjust accordingly.

Obviously the results will vary from trader to trader depending on entry cost and exit price that was undertaken.

Entered the AI Weekly Options (CALL) Trade on Tuesday, May 21, 2024 for $2.60.

Sold half the AI Weekly options contracts on Friday, May 31, 2024 for $4.00; a potential profit of54%.

(This result will vary for members depending on their entry and exit strategies).

Holding remaining contracts for further profit!

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Why the AI Weekly Options Trade was Originally Executed!

Trade Analysis 
C3.ai Inc (NYSE: AI) was the world's first enterprise AI company when it was founded in 2009. It delivers AI-as-a-service by providing businesses with advanced, turnkey AI applications to accelerate their adoption of the technology. Initially focused on energy management solutions, the company has evolved to incorporate IoT and now generative AI into its offerings. With a market cap of $3.1 billion, C3.ai is positioned for significant growth as AI technology continues to expand globally.

Current Situation 
C3.ai operates in the rapidly growing AI software market, projected to grow from $22.6 billion in 2020 to $126.0 billion by 2025 at a CAGR of 41.2%. Despite flat revenue growth in recent years, the company has maintained a fair profit margin and a debt-to-equity ratio close to 0.00, indicating strong financial health. The market has high expectations for C3.ai's future growth potential.

Key Insights from Earnings Call 
C3.ai's earnings report is set to be released on May 29, 2024. Analysts expect the company to post earnings of -$0.31 per share, marking a year-over-year decline of 138.46%. However, revenue is expected to be $82.72 million, indicating a 14.23% increase compared to the same quarter of the previous year.

Analyst Reactions

According to research reports from nine Wall Street equities analysts, the average twelve-month stock price forecast for C3.ai is $31.50, with a high forecast of $40.00 and a low forecast of $20.00. The consensus rating for C3.ai stock is Hold, based on one sell rating, five hold ratings, and three buy ratings.

Company Overview 
C3.ai is a leading enterprise software company offering AI solutions to optimize operations and improve decision-making across various industries, including manufacturing, healthcare, energy, and financial services. Founded by Thomas Siebel, a renowned technology entrepreneur, the company went public in December 2020, raising $651 million in its IPO.

Catalysts for the Trade 
C3.ai has several growth opportunities, particularly in the healthcare and energy industries. The company has partnered with energy giants like Shell and Enel to improve operations and reduce carbon emissions using AI. Additionally, C3.ai is expanding into new geographic markets and investing in R&D to enhance its AI technology.

Other Catalysts 
At the end of fiscal 2023, one customer accounted for 35% of C3.ai's revenue, likely Baker Hughes. This long-standing relationship is set to continue, with options to extend the contract beyond June 2025. Analysts and investors will closely monitor C3.ai's performance in its upcoming earnings disclosure.
Technical Analysis 
- Market Capitalization: $3.22 billion 
- PE Ratio: -11.33 
- Beta: 1.74 
- 52-Week Low: $20.23 
- 52-Week High: $48.87 
- 50-Day Simple Moving Average: $25.17 
- 200-Day Simple Moving Average: $27.23

Summary 
C3.ai is well-positioned for growth in the expanding AI software market. Despite facing competition from industry giants like IBM, Microsoft, and Google, the company has significant opportunities in healthcare, energy, and new geographic markets. With strong financial health and strategic partnerships, C3.ai is a compelling option for investors.

Therefore…..

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