Automation Anywhere Could Acquire C3.ai and Go Public if the Deal Goes Through - The Information
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1d ago
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Source: moomoo
Automation and AI in Business: The integration of automation and AI technologies is becoming increasingly essential for businesses to enhance efficiency and productivity.
Market Trends: Companies are recognizing the value of adopting these technologies to stay competitive in a rapidly evolving market landscape.
Investment Opportunities: There is a growing interest from investors in businesses that leverage automation and AI, indicating a shift towards tech-driven solutions.
Future Implications: The ongoing development in automation and AI is expected to significantly impact various industries, reshaping job roles and operational processes.
Analyst Views on AI
Wall Street analysts forecast AI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AI is 30.45 USD with a low forecast of 18.00 USD and a high forecast of 50.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Analyst Rating
4 Buy
6 Hold
3 Sell
Hold
Current: 12.600
Low
18.00
Averages
30.45
High
50.00
Current: 12.600
Low
18.00
Averages
30.45
High
50.00
About AI
C3.ai, Inc. is an enterprise artificial intelligence (AI) application software company. The Company has built a solution that enables its customers to rapidly develop, deploy, and operate enterprise AI applications. It offers families of software solutions, which it collectively refers to as its C3 AI software: The C3 AI Platform, C3 AI Applications, and C3 Generative AI. The C3 AI Platform, its core technology, is a comprehensive, end-to-end application development and runtime environment that is designed to allow its customers to rapidly design, develop, and deploy Enterprise AI applications of any type. Its C3 AI Applications, built using the C3 AI Platform, is a portfolio of pre-built, extensible, industry-specific, and application-specific software-as-a-service offerings (SaaS) Enterprise AI applications that can be rapidly installed and deployed. Its C3 Generative AI combines the utility of large language models, generative AI, reinforcement learning, natural language processing.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
