Latest news with #C3AI
Yahoo
3 days ago
- Business
- Yahoo
C3 AI Air Force contract award increased to $450M
C3 AI (AI) announced that the U.S. Air Force Rapid Sustainment Office has raised the C3 AI contract ceiling to $450M through October 2029, an increase of $350M. The additional scope supports the scaling of C3 AI's predictive analytics and aircraft maintenance platform across the service's fleet and systems. The initial $100M ceiling was fully utilized to deploy PANDA, a predictive maintenance platform. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today's best-performing stocks on TipRanks >> Read More on AI: Disclaimer & DisclosureReport an Issue C3 AI price target lowered to $45 from $56 at Oppenheimer C3 AI price target raised to $22 from $20 at Morgan Stanley C3 AI price target raised to $24 from $22 at BofA C3 AI price target lowered to $23 from $27 at JPMorgan Cautious Hold Rating for C3ai Amid Strong Revenue Growth and Margin Concerns
Yahoo
3 days ago
- Business
- Yahoo
C3 AI Stock Surges 24% On $450 Million Defense Deal
C3 AI (NYSE:AI) soars 24.6% after the U.S. Air Force's Rapid Sustainment Office expanded its C3 AI ceiling to $450 million through October 2029, turbocharging predictive-maintenance deployments. Warning! GuruFocus has detected 5 Warning Signs with AI. The additional $350 million in scope builds on an initial $100 million award that fully funded PANDA, C3 AI's aircraft-maintenance analytics platform across the USAF fleet. CTO Ed Abbo says the program may be the largest production AI deployment in the U.S. DoD today, underscoring the Pentagon's confidence in C3 AI's ability to forecast equipment failures and streamline sustainment. Ramp-up plans include scaling PANDA across more aircraft types and ground systems, using real-time data to cut downtime and maintenance costs. With AI-driven insights poised to replace traditional maintenance cycles, the expanded contract offers C3 AI a rare multi-year, high-visibility showcase. Investors should care because securing a long-dated, $450 million DoD engagement not only validates C3 AI's platform at scale but also sets a template for future defense and commercial wins. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
C3 AI Stock Surges 24% On $450 Million Defense Deal
C3 AI (NYSE:AI) soars 24.6% after the U.S. Air Force's Rapid Sustainment Office expanded its C3 AI ceiling to $450 million through October 2029, turbocharging predictive-maintenance deployments. Warning! GuruFocus has detected 5 Warning Signs with AI. The additional $350 million in scope builds on an initial $100 million award that fully funded PANDA, C3 AI's aircraft-maintenance analytics platform across the USAF fleet. CTO Ed Abbo says the program may be the largest production AI deployment in the U.S. DoD today, underscoring the Pentagon's confidence in C3 AI's ability to forecast equipment failures and streamline sustainment. Ramp-up plans include scaling PANDA across more aircraft types and ground systems, using real-time data to cut downtime and maintenance costs. With AI-driven insights poised to replace traditional maintenance cycles, the expanded contract offers C3 AI a rare multi-year, high-visibility showcase. Investors should care because securing a long-dated, $450 million DoD engagement not only validates C3 AI's platform at scale but also sets a template for future defense and commercial wins. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
C3 AI Stock Surges 24% On $450 Million Defense Deal
C3 AI (NYSE:AI) soars 24.6% after the U.S. Air Force's Rapid Sustainment Office expanded its C3 AI ceiling to $450 million through October 2029, turbocharging predictive-maintenance deployments. Warning! GuruFocus has detected 5 Warning Signs with AI. The additional $350 million in scope builds on an initial $100 million award that fully funded PANDA, C3 AI's aircraft-maintenance analytics platform across the USAF fleet. CTO Ed Abbo says the program may be the largest production AI deployment in the U.S. DoD today, underscoring the Pentagon's confidence in C3 AI's ability to forecast equipment failures and streamline sustainment. Ramp-up plans include scaling PANDA across more aircraft types and ground systems, using real-time data to cut downtime and maintenance costs. With AI-driven insights poised to replace traditional maintenance cycles, the expanded contract offers C3 AI a rare multi-year, high-visibility showcase. Investors should care because securing a long-dated, $450 million DoD engagement not only validates C3 AI's platform at scale but also sets a template for future defense and commercial wins. This article first appeared on GuruFocus.
Yahoo
4 days ago
- Business
- Yahoo
C3.ai (AI) Shares Skyrocket, What You Need To Know
Shares of artificial intelligence (AI) software company (NYSE:AI) jumped 26.3% in the afternoon session after the company reported strong first quarter 2025 results: Revenue and adjusted operating income both beat in the quarter. Looking forward, revenue guidance for next quarter was roughly in line with Wall Street's estimates, but operating income guidance for the period was nicely above expectations. Finally, "C3 AI and Baker Hughes renewed and expanded their strategic partnership through a multi-year agreement", and this is a relief to the market as it is the largest partnership for the software company. Overall, this was a solid quarter. Is now the time to buy Access our full analysis report here, it's free. shares are extremely volatile and have had 38 moves greater than 5% over the last year. But moves this big are rare even for and indicate this news significantly impacted the market's perception of the business. The previous big move we wrote about was 2 days ago when the stock gained 6.3% on the news that the major indices rebounded (Nasdaq +2.0%, S&P 500 +1.5%) as President Trump postponed the planned 50% tariff on European Union imports, shifting the start date to July 9, 2025. Companies with substantial business ties to Europe likely had some relief as the delay reduced near-term cost pressures and preserved cross-border demand. is down 15.9% since the beginning of the year, and at $29.15 per share, it is trading 32.1% below its 52-week high of $42.94 from December 2024. Investors who bought $1,000 worth of shares at the IPO in December 2020 would now be looking at an investment worth $315.23. Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
