Investors seem to sense that a turnaround is afoot, as this stock has risen more than 50% since its low in August. And shares popped on the earnings report last week, jumping 22%, though they’ve since given back most of those gains.
At this point, I’d like to see more evidence that this stock’s growth is accelerating before calling it a buy. However, the stock certainly has the potential for a breakout now that its platform has all the major components it needs and is looking forward to launching an AI agent later in the year.
Keep an eye on the company’s investor conference next month, as that could be the catalyst for another leg up in the stock.
This post originally appeared at The Motley Fool.