Down 44% in 2024, Is C3.ai Stock a Buy?

By Parkev Tatevosian, CFA – Apr 18, 2024 at 3:21PM

NYSE: AI

C3.ai

Market Cap

$3B

Today's Change

(%)

Current Price

$22.53

Price as of May 1, 2024, 12:17 p.m. ET

Artificial intelligence is the hottest investing trend in 2024, yet C3.ai stock is down meaningfully this year.

Fool.com contributor Parkev Tatevosian evaluates C3.ai (AI) stock and answers if investors should consider buying.

*Stock prices used were the afternoon prices of April 16, 2024. The video was published on April 18, 2024.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends C3.ai. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.