Could C3.ai Become the Next Microsoft?
C3.ai (NYSE: AI) attracted lots of attention with its initial public offering (IPO) nearly 3 1/2 years ago. The enterprise artificial intelligence (AI) software developer was growing rapidly, had a catchy ticker symbol, and was led by Tom Siebel -- an industry veteran who had sold his previous company Siebel Systems to for $5.8 billion in 2006.
C3.ai went public at $42 on Dec. 9, 2020, and its stock opened at $100 a share before skyrocketing to a record high of $177.47 less than two weeks later. Those gains were amplified by the buying frenzy in growth and meme stocks during the pandemic.
Image source: Getty Images.
Source Fool.com
Oracle Corp. Stock
€113.28
-1.130%
The stock is an absolute favorite of our community with 30 Buy predictions and no Sell predictions.
With a target price of 121 € there is a slightly positive potential of 6.81% for Oracle Corp. compared to the current price of 113.28 €.
