C3.ai’s (AI) “Underperform” Rating Reaffirmed at DA Davidson

C3.ai (NYSE:AI)‘s stock had its “underperform” rating reissued by stock analysts at DA Davidson in a report released on Thursday,Benzinga reports. They presently have a $7.00 price target on the stock. DA Davidson’s target price points to a potential downside of 34.80% from the company’s current price.

Several other research analysts also recently issued reports on the stock. Needham & Company LLC reiterated a “hold” rating on shares of C3.ai in a report on Thursday. UBS Group boosted their price objective on C3.ai from $9.00 to $12.00 and gave the stock a “neutral” rating in a research report on Thursday. Citizens Jmp reaffirmed a “market perform” rating on shares of C3.ai in a report on Thursday. KeyCorp reiterated an “underweight” rating on shares of C3.ai in a research report on Thursday. Finally, JPMorgan Chase & Co. cut their price target on C3.ai from $10.00 to $7.00 and set an “underweight” rating on the stock in a research note on Thursday, February 26th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, six have issued a Hold rating and six have issued a Sell rating to the stock. Based on data from MarketBeat.com, C3.ai currently has an average rating of “Reduce” and an average target price of $12.92.

C3.ai Stock Performance

Shares of AI traded up $0.03 during mid-day trading on Thursday, reaching $10.74. The company had a trading volume of 4,799,367 shares, compared to its average volume of 6,257,650. The company has a market capitalization of $1.56 billion, a price-to-earnings ratio of -3.41 and a beta of 2.04. The company’s 50 day simple moving average is $9.10 and its 200 day simple moving average is $11.16. C3.ai has a 1-year low of $7.68 and a 1-year high of $30.11.

C3.ai (NYSE:AI) last issued its quarterly earnings data on Wednesday, June 3rd. The company reported ($0.33) EPS for the quarter, beating the consensus estimate of ($0.38) by $0.05. C3.ai had a negative net margin of 141.35% and a negative return on equity of 55.40%. The business had revenue of $51.60 million during the quarter, compared to the consensus estimate of $51.60 million. During the same quarter in the prior year, the firm earned ($0.16) EPS. The firm’s revenue was down 52.5% compared to the same quarter last year. As a group, equities analysts forecast that C3.ai will post -3.22 earnings per share for the current fiscal year.

Insider Transactions at C3.ai

In related news, CEO Stephen Bradley Ehikian sold 52,194 shares of the stock in a transaction on Tuesday, March 31st. The stock was sold at an average price of $8.22, for a total value of $429,034.68. Following the completion of the sale, the chief executive officer directly owned 721,485 shares in the company, valued at $5,930,606.70. This represents a 6.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Jim H. Snabe bought 25,000 shares of the stock in a transaction that occurred on Monday, March 9th. The shares were bought at an average cost of $9.00 per share, with a total value of $225,000.00. Following the completion of the transaction, the director owned 395,000 shares in the company, valued at $3,555,000. The trade was a 6.76% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders have sold 1,610,039 shares of company stock worth $13,935,574. Company insiders own 26.50% of the company’s stock.

Institutional Investors Weigh In On C3.ai

Institutional investors have recently made changes to their positions in the stock. Bank of America Corp DE increased its stake in shares of C3.ai by 55.1% in the first quarter. Bank of America Corp DE now owns 3,282,183 shares of the company’s stock valued at $27,636,000 after buying an additional 1,166,302 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of C3.ai by 77.1% in the third quarter. Dimensional Fund Advisors LP now owns 1,804,188 shares of the company’s stock worth $31,284,000 after acquiring an additional 785,508 shares during the period. Two Sigma Investments LP bought a new stake in C3.ai in the third quarter valued at approximately $13,379,000. Voloridge Investment Management LLC bought a new stake in C3.ai in the fourth quarter valued at approximately $9,183,000. Finally, Federated Hermes Inc. increased its position in C3.ai by 93,578.8% during the 4th quarter. Federated Hermes Inc. now owns 675,424 shares of the company’s stock valued at $9,105,000 after purchasing an additional 674,703 shares during the period. Institutional investors own 38.96% of the company’s stock.

Key Headlines Impacting C3.ai

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

• Positive Sentiment: C3.ai beat earnings expectations, posting a smaller-than-expected loss of $0.33 per share versus the $0.38 loss analysts expected, which helped lift sentiment. C3.ai Inc (AI) Q4 2026 Earnings Call Highlights: Navigating Challenges and Strategic Restructuring
• Positive Sentiment: Revenue of $51.6 million matched expectations, and management’s Q1 fiscal 2027 guidance of $50 million to $54 million and full-year FY2027 guidance of $210 million to $240 million were roughly in line with or slightly above consensus. C3 AI Announces Fiscal Fourth Quarter and Full Fiscal Year 2026 Results
• Positive Sentiment: Investors also appeared encouraged by turnaround efforts, including restructuring, cost-cutting plans, and founder Tom Siebel’s return as CEO alongside a reported $69 million cash injection. AI Stock Jumps 3% After-Hours — Founder Siebel Returns As CEO With $69M Cash Injection
• Neutral Sentiment: Citizens JMP reaffirmed its “market perform” rating, while Needham reiterated a “hold,” suggesting analysts remain cautious despite the earnings pop. Benzinga
• Neutral Sentiment: Separately, CEO Thomas Siebel sold 17,350 shares, but the filing said the sale was for tax withholding tied to equity vesting, which limits the bearish read-through. Thomas Siebel Sells 17,350 Shares of C3.ai (NYSE:AI) Stock
• Negative Sentiment: The main concern remains the operating trend: quarterly revenue fell 52.5% year over year, showing that C3.ai is still struggling to stabilize growth. AI Q1 Deep Dive: Major Turnaround Plan and Restructuring After Revenue Decline

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.