C3.ai (NYSE:AI) Price Target Cut to $7.00 by Analysts at JPMorgan Chase & Co.

C3.ai (NYSE:AI) had its target price reduced by JPMorgan Chase & Co. from $10.00 to $7.00 in a research report released on Thursday morning,Benzinga reports. They currently have an underweight rating on the stock.

A number of other brokerages have also recently issued reports on AI. Wolfe Research reaffirmed an “underperform” rating and issued a $6.00 target price on shares of C3.ai in a report on Thursday. UBS Group reissued a “reduce” rating on shares of C3.ai in a research note on Thursday. Bank of America set a $10.00 price target on C3.ai in a report on Friday, January 30th. KeyCorp lowered their price objective on shares of C3.ai from $10.00 to $6.00 and set an “underweight” rating for the company in a research note on Thursday. Finally, Wedbush dropped their price target on C3.ai from $20.00 to $15.00 and set an “outperform” rating on the stock in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, seven have issued a Hold rating and six have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, C3.ai has an average rating of “Reduce” and an average price target of $15.87.

C3.ai Price Performance

Shares of NYSE AI opened at $8.41 on Thursday. The stock’s fifty day moving average price is $12.36 and its two-hundred day moving average price is $15.10. C3.ai has a one year low of $7.73 and a one year high of $30.24. The firm has a market cap of $1.18 billion, a price-to-earnings ratio of -2.67 and a beta of 1.98.

C3.ai (NYSE:AI) last posted its quarterly earnings data on Wednesday, February 25th. The company reported ($0.40) EPS for the quarter, missing analysts’ consensus estimates of ($0.29) by ($0.11). C3.ai had a negative return on equity of 53.96% and a negative net margin of 141.35%.The company had revenue of $53.26 million for the quarter, compared to the consensus estimate of $75.91 million. During the same quarter last year, the business earned ($0.12) EPS. C3.ai’s revenue was down 46.1% on a year-over-year basis. On average, equities analysts anticipate that C3.ai will post -2.44 earnings per share for the current fiscal year.

Insider Buying and Selling

In other C3.ai news, Chairman Thomas M. Siebel sold 511,732 shares of the company’s stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $11.66, for a total value of $5,966,795.12. Following the completion of the sale, the chairman owned 722,362 shares of the company’s stock, valued at $8,422,740.92. This represents a 41.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Stephen Bradley Ehikian sold 234,918 shares of the company’s stock in a transaction dated Wednesday, December 31st. The shares were sold at an average price of $13.56, for a total transaction of $3,185,488.08. Following the sale, the chief executive officer owned 924,074 shares of the company’s stock, valued at approximately $12,530,443.44. The trade was a 20.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 1,884,304 shares of company stock worth $24,970,674. Corporate insiders own 26.50% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of AI. Silicon Valley Capital Partners bought a new position in C3.ai in the 2nd quarter worth $25,000. Larson Financial Group LLC lifted its holdings in shares of C3.ai by 683.6% during the third quarter. Larson Financial Group LLC now owns 1,481 shares of the company’s stock valued at $26,000 after purchasing an additional 1,292 shares during the last quarter. Parallel Advisors LLC boosted its holdings in C3.ai by 76.4% in the third quarter. Parallel Advisors LLC now owns 1,849 shares of the company’s stock worth $32,000 after acquiring an additional 801 shares in the last quarter. Financial Consulate Inc. bought a new position in C3.ai in the 3rd quarter worth about $36,000. Finally, Farther Finance Advisors LLC lifted its stake in shares of C3.ai by 66.1% in the fourth quarter. Farther Finance Advisors LLC now owns 2,141 shares of the company’s stock worth $29,000 after buying an additional 852 shares in the last quarter. Institutional investors own 38.96% of the company’s stock.

More C3.ai News

Here are the key news stories impacting C3.ai this week:

• Positive Sentiment: Wedbush maintained an outperform stance despite lowering its target to $15, implying significant upside if the company stabilizes. Article
• Neutral Sentiment: UBS cut its target to $9 and moved to neutral — a smaller downgrade that still implies modest upside versus the current price. Article
• Negative Sentiment: Q3 results missed expectations: EPS of ($0.40) vs. ($0.29) est., revenue $53.3M vs. $75.9M est., and revenue down ~46% YoY — a clear near‑term demand and conversion problem. Earnings
• Negative Sentiment: Management cut 26% of global staff and flagged a reduced cost structure; Q4 revenue guide $48M–$52M vs. ~$77.6M consensus and FY revenue guide ~$246.7M–$250.7M vs. ~$298.7M consensus — guidance shortfalls drove much of the selloff. Reuters
• Negative Sentiment: Several firms aggressively lowered targets and ratings (JPMorgan to $7/underweight; Canaccord to $7/hold; KeyCorp to $6/underweight; Citizens JMP downgraded to market perform), amplifying selling pressure. Benzinga
• Negative Sentiment: Ademi LLP announced an investigation into potential securities‑fraud claims tied to C3.ai’s statements — a legal overhang that increases investor uncertainty. PR Newswire
• Negative Sentiment: Analyst and media commentary highlight structural issues: collapsing gross margins, difficulty converting pilots to enterprise contracts, and deepening losses — signaling the recovery path is uncertain and likely prolonged. Seeking Alpha

About C3.ai

C3.ai, Inc is a leading enterprise software provider focused on delivering scalable artificial intelligence (AI) and Internet of Things (IoT) solutions to large organizations. The company’s core offering, the C3 AI Suite, is a comprehensive, model-driven platform that unifies data ingestion, model development, and application deployment. Through its suite of tools, C3.ai enables customers to accelerate digital transformation initiatives by applying advanced machine learning, predictive analytics, and AI-driven insights across a broad range of business functions.

The C3 AI Suite provides a low-code environment for data scientists and application developers to rapidly design, test, and deploy enterprise-scale AI applications.