How to Buy C3.ai Stock [2024]

Summary: Although not as known in the popular discourse as some titans of the artificial intelligence (AI) industry, for example, OpenAI, C3.ai, has a solid presence on the market as one of the biggest developers of enterprise-level AI solutions. In this guide, you will learn how to buy C3.ai stock and gain exposure to the quickly expanding AI sector through an online stock trading platforms such as eToro.

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About C3.ai

C3.ai (NASDAQ: AI) is an American tech company specializing in artificial intelligence, most specifically, enterprise-level solutions and APIs for developers looking to incorporate artificial intelligence in their own sectors. The company was founded in 2009, and as of Q4 2023, it boasts a market capitalization of $3.44 billion.

How to buy C3.ai stock: Step-by-step process

C3.ai went public in 2020 with what was one of the biggest initial public offerings (IPO) in the AI sector, as the stock price more than doubled almost immediately after the initial pricing. The company is now trading on the NASDAQ with the aptly named ticker AI.

Note

To learn about other AI investment options, read our artificial intelligence stock guide.

Step 1: Find a broker

If you’re considering investing in C3.ai, you’ll first need to select an online broker and create an account. To make a well-informed decision, take some time to research and compare various brokers until you find one that suits your investment needs.

Of course, the availability of the AI stock will be the most important, but you should consider other factors when choosing a broker, too, such as:

Costs: If the broker charges no commission fees, your investments will be more profitable since you won’t have to spend any earnings to cover those fees;
Account minimums: Some brokers have minimum deposit requirements, while others don’t. For greater flexibility, choose those that don’t;
Account options: Online brokers typically offer both cash and margin accounts. The former limits your spending to the funds in your account, while the latter allows you to borrow from the broker;
Support: Comprehensive educational resources, market analytics, and customer support will improve your understanding of the platform and the market, so they’re pretty much mandatory for new investors.

We recommend considering eToro. The platform caters to over 2 million traders, offers commission-free trading for AI and all other stocks, and comes with additional features, such as:

2,000+ stocks across 17 different exchanges.
The option to invest in fractional shares;
Ready-made investment portfolios for new investors looking to diversify;
Copy trading to help you learn from seasoned investors;
A user-friendly platform.

Step 2: Research the company

Next, you can start conducting some research on the company and its stock. There are two types of analysis you can do first:

Fundamental Analysis: Fundamental analysis can help you assess the true value of the stock in comparison to the company’s intrinsic value;
Technical Analysis: Technical analysis — for example, studying stock charts and patterns — boils down to examining the historical stock price data to make predictions about its future. For example, C3ai has been known to perform poorly in the past. In fact, it was even named a consistently unprofitable company, despite its IPO success and some recent 2023 stock price increases. In other words, AI stocks are volatile, and despite the fact that the company saw a 5.6% year-on-year improvement from 2022 to 2023, profits are never guaranteed.

Step 3: Decide how much you want to invest

The process of deciding on the appropriate investment amount is never the same. It all depends on various factors, primarily your financial situation and investment objectives. To figure out how much money you’re comfortable with spending, consider factors such as:

Debt levels: Never invest if you are in debt. Sure, stocks can yield profits, but that may take some time, and immediate returns are never guaranteed;
Financial goals: Before investing, define your investment objectives as clearly as possible. Are you investing for retirement? Buying a car? Each goal requires a different sum;
Diversification: It is unwise to dump all your resources into one basket, so be sure you can afford to diversify your portfolio by buying additional assets, like commodities;
Emergency funds: It is always smart to allocate a portion of your money to an emergency fund, that is, a buffer for unexpected financial emergencies.

Note

You can make use of Finbold’s stock price calculator to conveniently check the average price of your chosen stock.

Step 4: Fund your account

When you figure out how much you wish to invest, you can fund your brokerage account. Usually, you’ll have various payment options available to you.

For instance, if you choose eToro, you’ll be able to link your broker and bank accounts, use credit cards, or transfer funds through payment services like PayPal. Moreover, some other brokers may provide options such as scanning a check, paying via bills, mailing checks, etc.

Note

Depending on your chosen payment method and the broker, your request might take up to several days to process.

Step 5: Place your order

When you figure out your investment amount, you can place some orders. Today, most platforms offer several order options available. The two most important to note are:

Market order: This option allows you to buy or sell the stock at its current market price and execute the trade immediately. This is useful when you need to enter a trading position quickly. However, the downside is that you might not get the chance to trade at the exact price you hoped for;
Limit order: On the other hand, a limit order lets you set a specific price at which you want to buy the stock, and the trade will be processed once the stock reaches it. The advantage here is that the pricing will always, in theory, align with your investment strategy. However, the practice can be much different, as there is no guarantee that the trade will be completed. That is, the stock might never reach your specified price.

Highly Rated Stock Trading & Investing Platform

Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
Copy top-performing traders in real time, automatically.
eToro USA is registered with FINRA for securities trading.

30+ million Users

Get Started

Step 6: Monitor your investment

To maximize the potential of your investment, continuously monitor the performance of C3.ai and its position in the AI market. Caution is always necessary when investing in AI stocks since hype can easily sway our decisions. To make better informed future decisions, try to:

Study financial reports: Read and analyze the company’s financial reports to understand its revenue and future profitability;

Stay informed: Further, stay updated with relevant news about the AI industry . Pay particular attention to user sentiment and technological advancements that could give other companies a competitive edge;
Re-evaluate your strategy: Periodically re-evaluate your investment to keep up with the changing market conditions.

By being proactive in monitoring C3.ai’s performance and staying informed about AI developments in general, you’ll make better-informed decisions and potentially capitalize on new investment opportunities. Naturally, you should also follow the performance of the rest of your portfolio.

C3.ai stock price today

Pros and cons of investing in C3.ai and artificial intelligence stocks

Pros

High growth potential;
AI is transformative technology;
A lot of major blue-chip companies (Microsoft, Amazon, etc.) are investing in AI;
AI is utilized in many industries.

Cons

There are some ethical concerns being raised about the technology;
The industry is not 100% regulated;
The market is volatile and competitive.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

FAQs about how to buy C3.ai stock