AI
C3.ai, Inc.

C3.ai, Inc.AI

Technology · Software - Infrastructure
11.69USD
+2.72%
Nov 08, 2026
AI overview ready
Enterprise AI Application Platform Provider with Industry-Specific Solutions
Enterprise application-platform provider selling industry-specific applications and a development, deployment, and operations environment for enterprise artificial-intelligence workloads.
Theme not measured
Enterprise AI Platforms has no leadership state this session.
Constructive pullback in an uptrend
Longer-term context reads early recovery, with a near-term setup of constructive pullback.
The setup is constructive, but the underlying structure is still poor.
Demanding valuation
The price embeds expectations that run ahead of the cash it currently generates.
Fundamentals not measured
Primary risk
Slowing revenue growth and customer adoption.
Market Nov 6Filing Jul 31Price action Nov 7Research Oct 12

Conviction Level

Theme Momentum has no canonical measurement for this company — a research-profile dimension, not an input to this score.

PriceAction8.0BusinessPerformance5.0BusinessQuality—Valuation0.3ThemeMomentum—Mixed — Revenue is still falling (-26% YoY), but the decline has eased from -53%. The company is still loss-making: the diluted loss per share narrowed to -$0.60 from -$0.86 a year earlier. — From filed financial statements. Describes the recent trajectory of the business, not the stock. 20 of the 100 Conviction points.

Conviction uses Price Action, Business Performance, Business Quality, Valuation. Theme Momentum is research context, not an input.

Theme momentumPrimary theme · group context, not entry timing
Enterprise AI Platforms — Enterprise AI Platforms is tracked (3–4 priced members) — too few for a leadership state
Its economic family, Software, reads Weakening (+6.0pp vs SPY) — the family’s reading, not this theme’s.
Price
Loading price history…

Price Action

Constructive pullback in an uptrend
Longer-term context reads early recovery, with a near-term setup of constructive pullback.
The setup is constructive, but the underlying structure is still poor.
EntryConstructive

Structure is constructive on both timeframes without excessive extension — a reasonable entry location.

Key Financials

Market Cap
$1.8B
Avg Volume (60D)
4.8M
60 sessions
Revenue Growth YoY
-35.7%
FY2026 vs FY2025
Gross Margin
+29.1%
Trailing twelve months
Operating Margin
-203.1%
Trailing twelve months
Free Cash Flow Yield
-8.6%
Distance from 200DMA
+16.8%
Next Earnings
2026-12-09
P/E
N/M
Market metrics as of Nov 6, 2026
Financial results for the period ended Jul 31, 2026
Filed balance-sheet data as of Jul 31, 2026

Business Performance

Mixed

Revenue is still falling (-26% YoY), but the decline has eased from -53%. The company is still loss-making: the diluted loss per share narrowed to -$0.60 from -$0.86 a year earlier.

Latest reported: Q1 FY2027, ended Jul 31
Revenue growthDecline easing
-26%
$52.4M in Q1 FY2027 · YoY
YoY growth, last 4 quarters
  1. -20%
  2. -46%
  3. -53%
  4. -26%
Earnings growthLoss narrowing
-$0.60
Diluted EPS -$0.60 vs -$0.86 a year earlier · GAAP
Too few comparable EPS quarters: a loss or a turn to profit has no meaningful percentage.
Gross marginContracting
31.8%
-5.8 pp YoY
The business is consuming cash
The share count is rising

Business Quality

Not assessed

Not assessed yet — the business is too early-stage for its economics to show in filings.

Fundamentals & Valuation

Both valuation perspectives agree this company is expensive.
C3.ai, Inc. has an Expensive valuation stance because the price embeds expectations that run ahead of the cash it currently generates.

Company Research

Thesis
Enterprise application-platform provider selling industry-specific applications and a development, deployment, and operations environment for enterprise artificial-intelligence workloads. C3.ai is a genuine direct participant in enterprise artificial-intelligence application deployment rather than an infrastructure-adjacent name.
Opportunity
Moderate opportunity
Enterprise spending on governed software platforms that connect proprietary data, models, and business systems to deploy artificial-intelligence applications and multi-step automated workflows in production.
Key risk
Slowing revenue growth and customer adoption.

Economic classification

Loading the economic classification…

Business & Markets

Technology · Software - Infrastructure
What they do

C3.ai, Inc. provides an enterprise artificial intelligence application software platform that enables customers to design, develop, and deploy AI applications across various industries globally.

How it earns

The company primarily generates revenue through subscription-based licensing of its AI platform and industry-specific AI applications.

Products & services
C3 Agentic AI Platform
C3 AI Studio
C3 AI Applications
Customers & end markets
Large enterprises across multiple industries
Organizations in North America, Europe, Middle East, Africa, Asia Pacific
Market position

Niche provider specializing in enterprise AI application platforms with industry-specific solutions.

Demand drivers
Medium cyclicality

Demand depends on enterprise IT spending cycles and adoption of AI technologies.

Peers

Companies validated as economically comparable to AI — similar business, revenue model and scale.
PRICE ACTIONVALUATIONTHEME
Palantir Technologies Inc.Mature Trend — Pullback RecoveryExpensive8.0HighUnavailableNot in RS poolLocked$160.38+3.48%
BigBear.ai Holdings, Inc.Damaged Structure — Distribution PressureExpensive8.0HighUnavailableNot in RS poolLocked$2.22+0.00%