C3.ai Reports Strong Q2 Results, Boosted by Microsoft Partnership and AI Expansion

C3.ai Stock Volatile as CEO Puts Some Shares for Sale, Offsetting Strong Results

Siebel noted the company is benefiting from its new global strategic alliance with Microsoft. C3.ai (AI) shares have been volatile Tuesday, after a filing showing that Chief Executive Officer (CEO) Thomas Siebel plans to sell millions of stock offset better-than-estimated quarterly results. In a regulatory filing, the artificial intelligence (AI) software firm said that during its fiscal 2025 second quarter, Siebel put up 12.78 million shares to be sold. The company noted that as of October 31, Siebel and his related entities had beneficial ownership over around 87.8% of its Class B common stock and approximately 21.6% of outstanding Class A common stock. That resulted "in beneficial ownership of capital stock representing approximately 53.9%" of the voting power on the company's stock. The shares for sale have an expiration date of December 17, 2026. The Siebel news offset a strong second quarter performance. C3.ai posted a loss of $0.06 per share, narrower than the $0.14 per share loss analysts surveyed by Visible Alpha were anticipating. Revenue rose 29% to $94.3 million, also exceeding forecasts. The company got a lift from a new global alliance agreement with Microsoft (MSFT) signed in September, making C3.ai the preferred AI application provider on Microsoft's Azure cloud computing platform. It will also create a Microsoft-scale go-to-market engine. Siebel said it was "difficult to overstate the potential of the Microsoft-C3.AI strategic alliance." He called it "an inflection point for Enterprise AI, driving growth." C3.ai also boosted its full-year revenue estimate to $378 million to $398 million from the previous outlook of $370 million to $395 million. However, it expects a non-GAAP loss from operations of $105 to $135 versus the earlier prediction of $95 to $125.

C3 AI shares surge on strong second quarter and upgraded outlook - SiliconANGLE

C3 AI shares surge on strong second quarter and upgraded outlook Shares in C3.ai Inc. were up over 15% in late trading today after the artificial intelligence software maker reported strong earnings and revenue beats in its 2025 fiscal second quarter and revised its outlook upwards for its third quarter. For the quarter that ended on Oct. 31, C3 AI reported an adjusted net loss per share of six cents, down from a loss of 16 cents per share in the same quarter of the previous year, on revenue of $94.3 million, up 29% year-over-year. Both headline figures were better than a loss of 16 cents per share and revenue of $91 million forecast by analysts. C3 AI saw subscription revenue in the quarter of $81.2 million, up 22% year-over-year, with the subscriptions now accounting for 86% of the company's revenue. Subscription and prioritized engineering services revenue combined came in at $90.8 million, up 27% year-over-year. The company saw continuing momentum with customer acquisition, closing 58 engagements, including 36 pilots in the quarter. C3 AI entered into new and expanded agreements in the quarter with ExxonMobil Corp., Koch Industries Inc., Dow Inc., Holcim Ltd., Shell plc, Duke Energy Corp., Boston Scientific Corp., Rolls-Royce Holdings plc, Cameco Corp., Mars Inc., ESAB Group Inc., Flex Ltd., Worley Ltd., the Defense Logistics Agency and the U.S. Department of Defense. Other business highlights in the quarter included C3 AI signing a new global alliance agreement with Microsoft Corp. on Sept. 30 for an initial five-and-a-half-year term to accelerate growth in enterprise artificial intelligence. Under this strategic alliance, all C3 AI Enterprise AI and Generative AI solutions are now available on the Azure Price List and Marketplace, fully sellable by Azure's global sales organization, with sales personnel earning commissions, quota credits and bonuses. Additionally, C3 AI products have been integrated into Microsoft's enterprise licensing agreements to streamline sales processes and Microsoft will subsidize pilots and production deployments throughout the agreement's term. "We had an outstanding quarter with strong top- and bottom-line performance to mark our seventh consecutive quarter of accelerating revenue growth," Thomas M. Siebel, chairman and chief executive officer C3 AI, said in the company's earnings release. Siebel went on to address the new Microsoft alliance, noting that "it is difficult to overstate the potential of the Microsoft-C3 AI strategic alliance" and that "by establishing C3 AI as a preferred AI application provider on Azure and creating a Microsoft-scale go-to-market engine, we're making it easy for businesses to adopt and deploy C3 AI applications... this is an inflection point for Enterprise AI, driving growth." For its fiscal third quarter, C3 AI expects revenue of $95.5 million to $100.5 million and for the full year, revenue of $378 million to $398 million. The full-year outlook was ahead of the $370 million to $395 million previously forecast by the company, adding further positive momentum to C3 AI stock in after-hours trading.

C3.ai Stock Rallies After Q2 Results, 'Seventh Consecutive Quarter Of Accelerating Revenue Growth' - C3.ai (NYSE:AI)

Quarterly revenue clocks in at $94.34 million, which beat the consensus estimate of $91.02 million. C3.ai, Inc. AI reported its second-quarter results after Monday's closing bell. Here's a look at the key figures from the quarter. The Details: C3.ai reported quarterly losses of six cents per share, which beat the analyst consensus estimate for losses of 16 cents. Quarterly revenue clocked in at $94.34 million, which beat the consensus estimate of $91.02 million and is an increase over sales of $73.23 million from the same period last year. Subscription revenue for the quarter was $81.2 million, constituting 86% of total revenue, an increase of 22% compared to $66.4 million one year ago. Subscription and prioritized engineering services revenue combined was $90.8 million, constituting 96% of total revenue, an increase of 27% compared to $71.3 million one year ago. Non-GAAP gross profit for the quarter was $66.3 million, representing a 70% non-GAAP gross margin. C3.ai had $730.4 million in cash, cash equivalents, and marketable securities at the end of the quarter. "We had an outstanding quarter with strong top- and bottom-line performance to mark our seventh consecutive quarter of accelerating revenue growth," said Thomas M. Siebel, CEO of C3 AI. "It is difficult to overstate the potential of the Microsoft-C3 AI strategic alliance," said Siebel. "By establishing C3 AI as a preferred AI application provider on Azure and creating a Microsoft-scale go-to-market engine, we're making it easy for businesses to adopt and deploy C3 AI applications. This is an inflection point for Enterprise AI, driving growth." Read More: Anthony Scaramucci Compares Trump's FBI Pick, Kash Patel, To Matt Gaetz Outlook: C3.ai sees third-quarter revenue in a range of $95.5 million to $100.5 million, versus the $97.57 million estimate, and fiscal 2025 revenue in a range of $378 million to $398 million, versus the $382.57 million estimate. AI Price Action: According to Benzinga Pro, C3.ai shares are up 12.6% after-hours at $46.77 at the time of publication Monday. Read More: Robinhood Markets Grows Into 'Best-In-Class' Brokerage, Analyst Says Photo: Shutterstock Market News and Data brought to you by Benzinga APIs

C3.ai's Growth Boosted by Microsoft Partnership And AI Expansion Drive, Analysts Up Price Forecast - C3.ai (NYSE:AI)

Analysts upbeat on C3.ai's growth, but operating losses expected to widen. On Monday, C3.AI Inc AI reported second-quarter revenue of $93.34 million, beating analyst consensus of $91.02 million. The company reported a quarterly EPS loss of 6 cents, beating analyst loss estimates of 16 cents. Analysts rerated the stock after the print, with some raising their price targets. Related Read: C3.ai Stock Rallies After Q2 Results, 'Seventh Consecutive Quarter Of Accelerating Revenue Growth' JMP Securities analyst Aaron Kimson maintained C3.ai with a Market Outperform rating and raised the price target from $40 to $55. Needham analyst Mike Cikos reiterated C3.ai with a Hold rating. JP Morgan analyst Pinjalim Bora maintained a Neutral rating on C3.ai with a price target of $28, up from $19. JMP Securities: While C3.ai continues to face several risks, including its dependency on Baker Hughes, which has represented about 20% of fiscal 2025 revenue and whose current contract expires in June 2025, overall, Kimson continues to like this story for several reasons. The company has now had seven quarters of accelerating revenue growth. It offers a broad range of AI applications for enterprises in fields like manufacturing, defense, government, and oil and gas and has deep AI domain expertise, as reflected in part by a new patent, which covers agentic AI and strengthens the company's market position dramatically. C3.ai announced a broad new six-year partnership with Microsoft Corp that establishes "C3.ai as a preferred AI application partner on Azure" and allows Microsoft customers to buy C3.ai applications through the Azure Portal and "on Microsoft Paper," which should make contracting much, much easier for C3.ai. The company is reducing its revenue dependency on Baker Hughes, which was 35% of C3.ai's revenue in fiscal 2023, 27% in fiscal 2024, 22% in fiscal first-quarter of 2025 and 18% in fiscal second-quarter of 2025. The company is expecting to see increased demand in areas like federal and defense following the new government administration, with founder and CEO Tom Siebel noting that there has been a shift in interest from "submarines and carriers and space, and aircraft" to the "AI applications, AI applications, AI applications, AI applications, and then cyber." Founder and CEO Thomas M. Siebel has deep experience in the software industry and navigated his prior company, Siebel Systems, to a good outcome in its sale to Oracle Corp in 2006 for $5.8 billion. At the closing price, C3.ai trades at a calendar 2025 Enterprise Value to revenue multiple of 10.7 times and a calendar 2026 Enterprise Value to revenue multiple of 8.6 times, while the new price target implies a calendar 2026 Enterprise Value to revenue multiple of 10.8 times (previously calendar 2025 10.0 times), in line with the peer group median that he noted is merited by C3.ai's rapid growth, domain-specific AI capabilities, and potential strategic value. Kimson projected a third-quarter revenue of $99.0 million and an EPS loss of $(0.26). Needham: C3.ai's second-quarter results exceeded the high end of revenue guidance, with a narrower operating loss than expected as certain expenses pushed to the second half of fiscal 2025. The main talking point from management was the Microsoft partnership announced in late September, which meaningfully expands the company's addressable opportunity. C3.ai guided fiscal 2025 operating losses to $120.0 million at the midpoint (-31% operating margin), - $10 million wider than management's previous outlook to support the initiative. C3.ai will invest in customer success, go-to-market, and research and development. Management no longer expects to generate positive free cash flow for fiscal 2025. RPO increased for the first time since the first quarter of fiscal 2024 but needs to be more meaningful with the transition to the pilot program. Meanwhile, incremental churned pilots remain elevated as the active pilot count moderates. Cikos projected a third-quarter revenue of $98.1 million and an EPS loss of $(0.25). JP Morgan: Bora updated his AI model to include fiscal results for the second quarter of 2025. The price target reflects ~7 times Enterprise Value to calendar 2026 revenue (previously ~5 times Enterprise Value to calendar 2025) relative to infrastructure software companies growing forward twelve months (FTM) revenue over 20% (Cloudflare, Inc, CrowdStrike Holdings, Inc, Datadog, Inc, Snowflake Inc, GitLab Inc, Zscaler, Inc, CyberArk Software Ltd, SentinelOne, Inc) trading at ~10 times Enterprise Value to calendar 2026 revenue. The analyst noted AI should trade at a significant discount to this group because its growth is similar but at a much smaller scale for AI, and AI is extremely unprofitable compared to the comps. While AI is expected to grow FTM revenue at a comparable growth level (25% versus 24% for comps median), AI is 80% smaller than the median scale of the comp group. Additionally, AI is expected to have (10%) FTM free cash flow margin driving a growth plus margin profile of 14%, versus comps at +23% unlevered free cash flow margin driving a growth plus margin of +46%. Furthermore, the calendar 2025 proforma operating margin for AI is expected to be (30%) versus comps at +15%. Bora projected a third-quarter revenue of $98.0 million and an EPS loss of $(0.26). Price Action: AI stock is up 7.87% at $44.89 at last check Tuesday. Also Read: AutoZone Q3 Misses Wall Street Marks: Earnings Dip, But CEO Sees Bright Road Ahead Photo via Shutterstock. Market News and Data brought to you by Benzinga APIs

C3.ai stock surges 13% after revenue jumps 29%: Here's what's driving growth

C3.ai Inc. reported a total revenue of $94.3 million for Q2 FY25, marking a 29% increase year over year. The earnings announcement, released on December 9, 2024, revealed that subscription revenue amounted to $81.2 million, accounting for 86% of total revenue, and reflecting a 22% increase from the previous year. Professional services contributed $13.2 million to total revenue. The company's non-GAAP gross profit stood at $66.3 million, equating to a gross margin of 70%. Despite a non-GAAP operating loss of $17.2 million, this figure was an improvement over the previously provided guidance range of $26.7 million to $34.7 million. C3.ai reported a non-GAAP net loss per share of $0.06, with cash and cash equivalents exceeding $730 million. C3.ai's revenue grew significantly, with non-Baker Hughes revenue showing a remarkable 41% year-over-year increase. The company's revenue guidance for Q3 FY25 is set between $95.5 million and $100.5 million, while the updated revenue guidance for the entirety of FY25 ranges from $378 million to $398 million. However, C3.ai also noted a negative free cash flow of $39.5 million for the quarter. In their earnings call, C3.ai pointed out this quarter marked the seventh consecutive quarter of accelerating revenue growth. The significant jump in revenue was bolstered by the formation of a strategic alliance with Microsoft Azure, which is expected to reduce sales cycles effectively and broaden the company's market reach. C3.ai successfully closed 58 agreements in the second quarter, including both new and expanded contracts with notable clients such as ExxonMobil, Shell, and the US Department of Defense. C3.ai emphasized its strong cash position, indicating an available resource of over $730 million for future growth and strategic partnership investments. However, the company indicated it would not achieve cash flow positive status for the current fiscal year 2025 due to increased investments in the Microsoft partnership. Furthermore, questions remain regarding the renewal of the exclusive marketing agreement with Baker Hughes, which has previously been a substantial revenue generator. Rivian stock climbs on new analyst praise: Is now the time to buy? During the Q&A session of the earnings call, executives discussed the historic nature of their collaboration with Microsoft and its implications for federal spending in AI applications. They noted a significant focus on AI within the defense and intelligence sectors, anticipating a substantial rise in AI adoption by government entities. Responding to inquiries regarding the distinct offerings of C3.ai compared to Microsoft's capabilities, executives clarified that Microsoft provides a broad array of services on Azure, while C3.ai focuses on delivering complete applications that quickly yield economic benefits. The collaboration effectively positions C3.ai as Microsoft's preferred enterprise AI application vendor, adding value through customer commitment fulfillment in terms of software services. The executives also expressed confidence that the Microsoft partnership would already show revenue contributions since the partnership's establishment on September 30. Discussion also centered on the anticipated growth potential, citing the expansion of the sales force from 100 to 10,000 as a potential accelerator for revenues. Amid the fiscal challenges presented, there is an expectation within C3.ai to achieve free cash flow positivity at some point in fiscal '26, as they continue investing in market share and operational leadership by leveraging their partnership with Microsoft. Following the earnings announcement, C3.ai's stock experienced a significant uptick, soaring over 13%. The company previously reported a sales increase of 29%, with the current quarter's figures exceeding analyst expectations. Prior to the earnings release, C3.ai's stock had benefited from a rally linked to recent election results, hitting notable price points. Why Comcast's stock took a 10% nosedive over subscriber losses Despite this positive momentum, analysts have pointed out several challenges. C3.ai's shift from a subscription-based model to a consumption-based pricing structure aims to align the company with industry standards but may not translate into immediate revenue growth. Industry trends, driven especially by AI applications such as OpenAI's ChatGPT, promote further interest in AI enterprise software. A notable increase in the company's Relative Strength Rating from 49 to 93 reflects improved investor sentiment, yet C3.ai still encounters the volatility typical of the AI sector. As events unfold regarding funding and market positioning, C3.ai's future prospects remain closely monitored. The company currently maintains a Composite Rating of 91, while its EPS Rating stands at 40, driven by ongoing losses. Disclaimer: The content of this article is for informational purposes only and should not be construed as investment advice. We do not endorse any specific investment strategies or make recommendations regarding the purchase or sale of any securities.

What's Going On With C3.AI Stock Tuesday? - C3.ai (NYSE:AI)

Morgan Stanley analyst Sanjit Singh maintains C3.AI with an Underweight rating and raises the price target from $21 to $32. C3.Ai Inc AI shares are trading lower Tuesday on the heels of the company's second-quarter financial results. Multiple analysts adjusted price targets following the print. Here's what you need to know. What Happened: C3.AI reported second-quarter revenue of $93.34 million, beating analyst estimates of $91.02 million, according to Benzinga Pro. The company reported a quarterly loss of 6 cents per share, beating analyst estimates for a loss of 16 cents per share. Shares initially raced higher on the release, likely buoyed by the company's new global alliance agreement with Microsoft Corp MSFT. C3.AI said it signed a new agreement with an initial five-and-a-half-year term with Microsoft to accelerate growth in enterprise AI. "It is difficult to overstate the potential of the Microsoft-C3 AI strategic alliance. By establishing C3 AI as a preferred AI application provider on Azure and creating a Microsoft-scale go-to-market engine, we're making it easy for businesses to adopt and deploy C3 AI applications. This is an inflection point for Enterprise AI, driving growth," said Thomas Siebel, chairman and CEO of C3.AI. C3.AI said it expects third-quarter revenue to be in the range of $95.5 million to $100.5 million versus estimates of $97.57 million. The company expects full-year revenue to be between $378 million and $398 million versus estimates of $382.57 million, per Benzinga Pro. Check This Out: Nvidia, AMD, C3 ai, Oracle, Tesla: Why These 5 Stocks Are On Investors' Radars Today? Shares reversed course in early trading Tuesday despite multiple price target increases rolling in. Multiple analysts maintained Neutral or Underweight ratings. Here's a look at the analyst reactions to earnings. Piper Sandler analyst Arvind Ramnani maintained C3.AI with a Neutral and raised the price target from $24 to $42. Needham analyst Mike Cikos reiterates C3.ai with a Hold rating. Morgan Stanley analyst Sanjit Singh maintained C3.AI with an Underweight and raised the price target from $21 to $32. Northland Capital Markets analyst Michael Latimore maintained C3.AI with an Outperform and raised the price target from $35 to $45. AI Price Action: C3.AI shares were down 9.78% at $37.61 at the time of publication, according to Benzinga Pro. Photo: Shutterstock. Market News and Data brought to you by Benzinga APIs

Why C3.ai Stock Dropped After Earnings Today | The Motley Fool

C3.ai (AI -3.36%) stock, which makes applications for artificial intelligence (AI), reported its fiscal second-quarter 2025 earnings last night and outperformed expectations, leading to a series of analyst price target hikes. Despite the good news and the positive reaction on Wall Street, investors are selling C3 stock, which as of 10:15 a.m. ET is down 4.2%. C3.ai beat expectations on both top and bottom lines in the quarter ended Oct. 31, reporting $94.3 million in fiscal Q2 sales (Wall Street forecast $91 million), and losing $0.06 per share, rather than the expected loss of $0.16 per share. So far, so good. But here's where the news turns bad. It seems C3's $0.06 loss that "beat" earnings was only a non-GAAP (adjusted) number, meaning it was not calculated according to generally accepted accounting principles (GAAP). C3's GAAP loss for the quarter was a massive $0.52 per share. That was nearly as bad as its loss of $0.59 per share one year ago, and worse than the company's $0.50-per-share loss last quarter. The fact that C3 grew its revenue 29% year over year, but earnings improved little or not at all, suggests that the company's strong sales growth isn't necessarily putting it on any kind of path to profitability. Worse, C3's growth may already be slowing. Turning to guidance, management forecast sales growth of about 25% for both fiscal Q3 2025 ($98 million) and for the full fiscal year ($388 million). Management did not give GAAP guidance for earnings, but did say it expects non-GAAP losses to continue: $42 million in Q3 losses, and about $120 million lost for the year. That's not a great short-term prognosis, and longer-term, analysts who follow C3 see this company continuing to lose money as far out as 2027 and beyond. (Forecasts only go out to 2027, and losses should be $1.68 per share that year.) With poor prospects like these, investors are probably right to sell C3.ai stock.

Why C3.ai Stock Was Climbing Today | The Motley Fool

Shares of C3.ai (AI 3.29%) were moving higher today even though there was no company-specific news on the stock. Instead, shares of the cloud software stock rose in tandem with those of several of its peers that reported strong earnings results last night. That seemed to stoke anticipation for the company's own earnings report, scheduled for next Monday. Additionally, one closely watched Wall Street analyst said that AI software stocks would be winners in 2025. As a result, C3.ai was up 5.8% as of 11:20 a.m. ET. Cloud software stocks like C3.ai plunged after the pandemic ended and growth slowed, but they are picking up steam again after a long lull. Last night, Salesforce, the largest pure-play cloud software stock, delivered strong results and touted adoption of its artificial intelligence (AI) tools (like Agentforce), a positive sign for C3.ai and other software stocks. Some investors have been skeptical about AI being adopted at the software level. CEO Marc Benioff said, "Agentforce, our complete AI system for enterprises built into the Salesforce Platform, is at the heart of a groundbreaking transformation." Additionally, Wedbush analyst Dan Ives said Salesforce's results showed that "the AI Revolution is entering the software phase into 2025." Following strong growth from peers like Palantir, hopes are riding on C3.ai's earnings report next week. Analysts are expecting 24.3% growth to $91 million and an adjusted loss per share of $0.16, down from a $0.13 per-share loss in the quarter a year ago. C3.ai's revenue growth has been accelerating, a promising sign, and the stock seems likely to be a winner as AI software goes mainstream. However, the company is still deeply unprofitable. Expect the stock to swing one way or another on Tuesday, depending on its second-quarter results.

Why C3.ai Stock Soared 51% in November | The Motley Fool

Shares of C3.ai (AI 2.29%) were surging last month as investors cheered a new partnership with Microsoft, a sign that the AI software company may finally be turning the corner after years of wide losses. Additionally, the company benefited from a strong report from Palantir, the software company that has best proven the market for AI services thus far. According to data from S&P Global Market Intelligence, the stock finished the month up 51%. As you can see from the chart below, the stock popped after the Microsoft news came out on Nov. 19. C3.ai first scored gains on Nov. 5, tracking with Palantir, which posted strong results in its third quarter. C3.ai is much smaller than Palantir, but the two companies do have some things in common, including a focus on AI software and the fact that they derive a significant percentage of their business from the federal government. C3.ai stock rose 7% on Nov. 5 and jumped another 5% on Nov. 6 in response to the U.S. election results. However, the real surge in the stock came on Nov. 19 when the expanded Microsoft partnership was announced. The stock jumped 24.2% on the news and continued to gain from there. At the Microsoft Ignite conference, the two companies announced a strategic alliance to accelerate the adoption of C3.ai's Enterprise AI platform on Microsoft's Azure cloud infrastructure service. The alliance includes technical integration that will make C3's software like C3 Generative AI available on the Microsoft Commercial Cloud Portal, and include joint sales and marketing for C3's Enterprise AI applications. The two companies already had a partnership, but they called it a "significant milestone" in their relationship. The AI for the enterprise company is bringing a lot of momentum into its second-quarter earnings report, a sign that expectations are high after strong reports from Palantir and other software titans like Salesforce, and thanks to the expanded partnership with Microsoft. C3.ai's revenue growth has been improving, but the company is still significantly unprofitable. For its second-quarter report, which is due out on Monday, analysts expect revenue to increase 24.3% to $91 million and for its adjusted loss per share to widen from $0.13 to $0.16. Given the recent surge, the stock is likely to have a big move one way or the other. Keep an eye out for commentary about the Microsoft partnership as well.

C3.ai Stock Soars to 52-Week High, Reaching $39.9 Amid Growth Optimism By Investing.com

In a remarkable display of market confidence, C3.ai (NYSE:AI) Inc's stock has surged to a 52-week high of $39.94, with a market capitalization of $5 billion, as investors rally behind the company's growth prospects. According to InvestingPro analysis, technical indicators suggest the stock is in overbought territory. This peak represents a significant turnaround, with the stock posting impressive gains of 30.58% year-to-date and revenue growth of 18.84%. The ascent to this new high suggests a strong endorsement of C3.ai's strategic direction and the potential for its artificial intelligence solutions in an increasingly digital economy. Market watchers are closely monitoring the stock's trajectory as it carves out new territory in the competitive tech landscape. For deeper insights into C3.ai's valuation and 12+ additional ProTips, visit InvestingPro. In other recent news, C3.ai, a leading enterprise AI software provider, has seen a flurry of activity. DA Davidson raised the price target on C3.ai's shares to $35.00, maintaining a neutral rating, following the company's strategic alliance with Microsoft (NASDAQ:MSFT). This partnership is expected to bolster C3.ai's market presence and product trajectory, despite the company reporting a net loss of $278.17 million over the last twelve months. C3.ai has also secured a new patent for its generative AI technology, which is expected to enhance its position in the AI landscape and improve decision-making processes. This development coincides with mixed financial results for the first quarter, with total revenue meeting consensus expectations and a significant 94% year-over-year growth in partner-supported bookings. However, analyst firms Piper Sandler, Canaccord Genuity, and BofA Securities adjusted their price targets for the company, reflecting a cautious outlook. In corporate governance, C3.ai recently held its 2024 Annual Meeting of Stockholders, resulting in the election of Class I director nominees and approval of executive compensation. Deloitte & Touche LLP was also appointed as the independent registered public accounting firm for the fiscal year ending April 30, 2025. Despite a mixed financial performance and cautious outlook from various analyst firms, C3.ai continues to reaffirm its financial targets for fiscal year 2025, for both margins and top-line revenue. These are the latest developments in the company's performance and outlook.

C3.ai lifts annual forecast on strong demand for enterprise AI software

Dec 9 (Reuters) - C3.ai (AI.N), opens new tab raised its forecast for fiscal year 2025 revenue on Monday, helped by healthy demand for the company's enterprise artificial intelligence software as companies look for tools to help streamline their workflow. The company now expects revenue to be between $378 million and $398 million, from its previous forecast of $370 million to $395 million. Shares of the company rose 14.8% in extended trading. The Redwood, California-based company provides software for enterprises to build and develop AI applications for various industries, including energy, manufacturing, financial services and healthcare. The company's shares have risen over 45% so far this year, in part due to its expanded partnership with cloud heavyweight Microsoft (MSFT.O), opens new tab, under which C3.ai will become the "preferred" AI application software provider on Microsoft's Azure cloud. C3.ai reported second-quarter revenue of $94.3 million, compared to analysts' estimate of $91 million, according to data compiled by LSEG. On an adjusted basis, the company reported a loss of 6 cents, whereas analysts were expecting a loss of 16 cents. Reporting by Zaheer Kachwala and Rishi Kant in Bengaluru; Editing by Alan Barona Our Standards: The Thomson Reuters Trust Principles., opens new tab Suggested Topics:Artificial IntelligenceArtificial Intelligence

C3.ai lifts annual forecast on strong demand for enterprise AI software

(Reuters) - C3.ai raised its forecast for fiscal year 2025 revenue on Monday, helped by healthy demand for the company's enterprise artificial intelligence software as companies look for tools to help streamline their workflow. The company now expects revenue to be between $378 million and $398 million, from its previous forecast of $370 million to $395 million. Shares of the company rose 14.8% in extended trading. The Redwood, California-based company provides software for enterprises to build and develop AI applications for various industries, including energy, manufacturing, financial services and healthcare. The company's shares have risen over 45% so far this year, in part due to its expanded partnership with cloud heavyweight Microsoft, under which C3.ai will become the "preferred" AI application software provider on Microsoft's Azure cloud. C3.ai reported second-quarter revenue of $94.3 million, compared to analysts' estimate of $91 million, according to data compiled by LSEG. On an adjusted basis, the company reported a loss of 6 cents, whereas analysts were expecting a loss of 16 cents. (Reporting by Zaheer Kachwala and Rishi Kant in Bengaluru; Editing by Alan Barona)

C3.ai Non-GAAP EPS of -$0.06 beats by $0.10, revenue of $94.3M beats by $3.28M (NYSE:AI)

C3.ai press release (NYSE:AI): Q2 Non-GAAP EPS of -$0.06 beats by $0.10. Revenue of $94.3M (+28.8% Y/Y) beats by $3.28M. The Company's guidance includes GAAP and non-GAAP financial measures. The following table summarizes C3 AI's guidance for the third quarter of fiscal 2025 and full-year fiscal 2025: (in millions) Total revenue $95.5 - $100.5 $378.0 - $398.0 Non-GAAP loss from operations $(38.6) - $(46.6) $(105.0) - $(135.0) More on C3.ai C3.ai: Path To Profitability May Cannibalize Revenue Growth C3.ai: Turning The Tide C3.ai's Pilot Strategy Has Not Accelerated Its Growth Prospects, Maintain Hold SoundHound AI skyrockets following investor conference, taco shop deal C3.ai shares surge following new alliance with Microsoft Azure

Earnings Snapshot: C3.ai sets FY25 guidance above estimates after beating FQ2 consensus

More on C3.ai C3.ai: Path To Profitability May Cannibalize Revenue Growth C3.ai: Turning The Tide C3.ai's Pilot Strategy Has Not Accelerated Its Growth Prospects, Maintain Hold SoundHound AI skyrockets following investor conference, taco shop deal C3.ai shares surge following new alliance with Microsoft Azure

Why C3.ai Stock Surged Higher Today | The Motley Fool

C3.ai (AI 8.08%) stock enjoyed another day of big gains Friday. The software and consulting specialist's share price closed out the session up 8.1% and had been up as much as 8.4% earlier in the day's trading. Meanwhile, the S&P 500 index ended the daily session up 0.25%, and the Nasdaq Composite index closed out the day up 0.8%. C3.ai gained ground today thanks to a promising political development and news that one of its competitors had forged a significant new defense partnership. With just a few weeks in the year remaining, the stock is now up roughly 41% across this year's trading. President-elect Donald Trump published a message on social media today announcing that he plans to name venture capitalist David Sacks as artificial intelligence (AI) and crypto czar in his administration. Some investors are interpreting the announcement as a signal that the incoming Trump administration will help to create favorable demand and regulatory backdrops and drive business for AI players. While it's too early to say what the net political effects for AI companies will look like under the new administration, there are good reasons to think that demand in key AI category verticals will remain very strong. Palantir and Booz Allen Hamilton announced a new partnership that will see them collaborating on innovations for the defense industry. Palantir also announced that it was partnering with Shield AI to improve the capabilities of autonomous, unmanned vehicles. Again, the partnership has a defense-industry focus, and Shield AI will be using Palantir's Warp Speed manufacturing operating system for scalable AI solutions. While Palantir competes with C3.ai in some spaces, evidence of ramping demand in the defense industry is a broadly bullish sign. C3.ai has also won substantial deals and partnerships with the U.S. government and related defense contractors, and its recent partnership with Microsoft to expand the adoption of enterprise AI points to unfolding opportunities in the private sector as well.