Should You Buy C3.ai Stock After Its 93% Decline? The Answer Might Surprise You.

C3.ai stock has plummeted 93% from its all-time high of $177 following founder Thomas Siebel's temporary departure last year, which disrupted sales and customer relationships. After Siebel's return in May, the company is attempting a turnaround by shifting to an AI platform provider strategy. While gross bookings surged 73% quarter-over-quarter suggesting potential revenue recovery, the analyst recommends waiting for consistent revenue growth before investing, as the company's forward valuation remains expensive relative to its shrinking revenues.