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Is C3 AI stock a good buy?

C3.ai went public in December 2020, but like many high- growth stocks, AI stock has been hit hard. Despite this move, the company has received significant recognition, previously named a leader in Gartner’s (NYSE: IT) Magic Quadrant for IoT Platforms.

How much is C3 AI worth?

Assuming that C3.ai matches analysts' expectations for $376 million in revenue in fiscal 2025, and it's still trading at about five times sales by then, it could be worth about $1.9 billion in three years -- which would represent a gain of nearly 40% from its current price but remain well below its IPO valuation of about $4 billion.

Is C3 AI the best pure-play Ai stock?

The company’s AI platform is designed to help organizations harness the power of AI to improve operational efficiency and make data-driven decisions. Arguably, C3.ai is the best pure-play AI stock currently available to investors. In any case, the company’s shares are clearly very volatile.

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