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Added to YB: 2024-02-01

Pitch date: 2024-02-01

AI [bearish]

C3.ai, Inc.

+37.42%

current return

Author Info

No bio for this author

Company Info

C3.ai, Inc. operates as an enterprise artificial intelligence (AI) software company in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally.

Market Cap

$2.5B

Pitch Price

$24.40

Price Target

N/A

Dividend

N/A

EV/EBITDA

-6.03

P/E

-8.52

EV/Sales

4.91

Sector

Software

Category

N/A

Show full summary:
Bireme Capital holding: [short] C3.ai ($AI)

AI: Renamed to chase hype from energy to IoT to AI. Kerrisdale: "minor, cash-burning consulting biz posing as software co." Burned $200M last yr, more ahead. Slow growth vs. peers SNOW, GTLB, DDOG. 9x sales grossly overvalued for this weak biz.

Read full article (1 min)