Weekly Research Analysts’ Ratings Changes for C3.ai (AI)

Several brokerages have updated their recommendations and price targets on shares of C3.ai (NYSE: AI) in the last few weeks:

• 2/27/2025 – C3.ai had its price target lowered by analysts at KeyCorp from $29.00 to $21.00. They now have an “underweight” rating on the stock.
• 2/27/2025 – C3.ai had its price target lowered by analysts at Morgan Stanley from $32.00 to $30.00. They now have an “underweight” rating on the stock.
• 2/27/2025 – C3.ai had its price target lowered by analysts at DA Davidson from $40.00 to $25.00. They now have a “neutral” rating on the stock.
• 2/27/2025 – C3.ai had its price target lowered by analysts at Piper Sandler from $42.00 to $28.00. They now have a “neutral” rating on the stock.
• 2/27/2025 – C3.ai had its price target lowered by analysts at Canaccord Genuity Group Inc. from $40.00 to $30.00. They now have a “hold” rating on the stock.
• 2/27/2025 – C3.ai had its “hold” rating reaffirmed by analysts at Needham & Company LLC.

C3.ai Stock Performance

NYSE:AI opened at $21.62 on Thursday. The stock has a fifty day moving average price of $30.20 and a 200-day moving average price of $29.40. The company has a market cap of $2.79 billion, a price-to-earnings ratio of -9.78 and a beta of 2.03. C3.ai, Inc. has a fifty-two week low of $18.85 and a fifty-two week high of $45.08.

C3.ai (NYSE:AI) last released its earnings results on Wednesday, February 26th. The company reported ($0.62) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.25) by ($0.37). C3.ai had a negative net margin of 79.17% and a negative return on equity of 31.31%. The company had revenue of $98.78 million for the quarter, compared to the consensus estimate of $98.12 million. Research analysts predict that C3.ai, Inc. will post -2.44 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CFO Hitesh Lath sold 3,949 shares of the company’s stock in a transaction on Tuesday, December 17th. The stock was sold at an average price of $42.36, for a total transaction of $167,279.64. Following the completion of the sale, the chief financial officer now directly owns 851 shares in the company, valued at $36,048.36. This represents a 82.27 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP Merel Witteveen sold 11,132 shares of the company’s stock in a transaction on Monday, December 30th. The stock was sold at an average price of $34.95, for a total value of $389,063.40. Following the sale, the vice president now owns 4,142 shares of the company’s stock, valued at approximately $144,762.90. This represents a 72.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 1,501,972 shares of company stock worth $53,818,532 in the last ninety days. 33.54% of the stock is owned by insiders.

Hedge Funds Weigh In On C3.ai

A number of institutional investors and hedge funds have recently bought and sold shares of AI. Brown Lisle Cummings Inc. increased its holdings in C3.ai by 100.0% in the 4th quarter. Brown Lisle Cummings Inc. now owns 800 shares of the company’s stock worth $28,000 after purchasing an additional 400 shares in the last quarter. R Squared Ltd acquired a new position in C3.ai in the 4th quarter worth about $29,000. Russell Investments Group Ltd. increased its holdings in C3.ai by 100.7% in the 4th quarter. Russell Investments Group Ltd. now owns 909 shares of the company’s stock worth $31,000 after purchasing an additional 456 shares in the last quarter. WealthTrak Capital Management LLC acquired a new stake in shares of C3.ai in the fourth quarter valued at about $33,000. Finally, CENTRAL TRUST Co acquired a new stake in shares of C3.ai in the fourth quarter valued at about $34,000. Institutional investors and hedge funds own 38.96% of the company’s stock.

C3.ai, Inc operates as an enterprise artificial intelligence (AI) software company in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company provides C3 AI platform, an application development and runtime environment that enables customers to design, develop, and deploy enterprise AI applications; C3 AI Ex Machina for analysis-ready data; C3 AI CRM, an industry specific customer relationship management solution; and C3 Generative AI Product Suite that enables to locate, retrieve, and present information.