Why C3.ai, Inc. (AI) Surged On Thursday

We recently published a list of While Wall Street Naps, These 10 Stocks Run Wild. In this article, we are going to take a look at where C3.ai, Inc. (NYSE:AI) stands against other best-performing stocks.

C3.ai rebounded by 20.76 percent on Thursday to end at $27.80 apiece as investors cheered its $450 contract renewal with the US Air Force to support its Predictive Analytics and Decision Assistant (PANDA) operations, shunning its dismal earnings performance in the past quarter.

In its financial statement, C3.ai, Inc. (NYSE:AI) said the renewed contract was higher by $350 million than the previous award, and would support the expanded deployment of PANDA, powered by the C3 Agentic AI Platform, as the Air Force’s designated system of record for predictive maintenance.

Why C3.ai, Inc. (AI) Surged On Thursday

A computer engineer debugging a complex AI application on a powerful workstation.

The company said that its partnership with the US Air Force will run through 2029.

In the fourth quarter of fiscal year 2025, C3.ai, Inc. (NYSE:AI) widened its net loss by 9.3 percent to $79.7 million from $72.9 million in the same period last year. This pushed its full-year net loss higher by 3 percent to $288.7 million from $279.7 million year-on-year.

Meanwhile, revenues for the fourth quarter increased by 26 percent to $108.7 million from $86.6 million year-on-year, while revenues for the full-year period grew 25 percent to $389.1 million from $310.6 million in the same comparable period.

Overall, AI ranks 2nd on our list of best-performing stocks. While we acknowledge the potential of AI, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AI and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.