Stock price when the opinion was issued
In contrast, C3.ai, trades at an incalculable PE and $-2.20 EPS, even though it has beaten its last four quarters. Long-term looks good. C3 is in the right spot for AI by partnering with a giant. However, shares have gone parabolic in the past month, more than doubling and that makes me nervous. Shares have already pulled back $10 from the May 30 peak of $44.02. Read Top 3 AI Stocks for our full analysis.
Sold at his price target, and hasn't ventured back in. He's turned to Palantir instead. SaaS companies have retreated on the back of Twilio's earnings last night.