C3.ai, Inc. (NYSE:AI) Receives $15.87 Consensus PT from Analysts

Shares of C3.ai, Inc. (NYSE:AI) have received an average rating of “Reduce” from the fifteen research firms that are currently covering the firm, MarketBeat reports. Six investment analysts have rated the stock with a sell rating, seven have issued a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $15.8667.

A number of research analysts recently issued reports on the company. Wedbush cut their price target on C3.ai from $20.00 to $15.00 and set an “outperform” rating for the company in a report on Thursday, February 26th. Weiss Ratings reissued a “sell (d-)” rating on shares of C3.ai in a report on Wednesday, January 21st. BMO Capital Markets set a $7.00 price objective on shares of C3.ai in a research report on Thursday, February 26th. JPMorgan Chase & Co. dropped their target price on shares of C3.ai from $10.00 to $7.00 and set an “underweight” rating for the company in a research note on Thursday, February 26th. Finally, KeyCorp reduced their target price on shares of C3.ai from $10.00 to $6.00 and set an “underweight” rating on the stock in a research report on Thursday, February 26th.

Insider Activity at C3.ai

In other C3.ai news, CFO Hitesh Lath sold 15,248 shares of the company’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $8.98, for a total transaction of $136,927.04. Following the transaction, the chief financial officer owned 238,308 shares of the company’s stock, valued at approximately $2,140,005.84. This represents a 6.01% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Stephen Bradley Ehikian sold 234,918 shares of the stock in a transaction on Wednesday, December 31st. The shares were sold at an average price of $13.56, for a total value of $3,185,488.08. Following the completion of the transaction, the chief executive officer owned 924,074 shares in the company, valued at $12,530,443.44. The trade was a 20.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 1,836,610 shares of company stock worth $21,262,517. Company insiders own 26.50% of the company’s stock.

Institutional Trading of C3.ai

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in C3.ai by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 14,469,953 shares of the company’s stock worth $195,055,000 after purchasing an additional 108,011 shares during the last quarter. Morgan Stanley boosted its stake in shares of C3.ai by 1.9% in the 4th quarter. Morgan Stanley now owns 4,824,499 shares of the company’s stock valued at $65,034,000 after purchasing an additional 91,802 shares during the last quarter. State Street Corp boosted its stake in shares of C3.ai by 3.3% in the 4th quarter. State Street Corp now owns 2,976,389 shares of the company’s stock valued at $40,122,000 after purchasing an additional 94,086 shares during the last quarter. Geode Capital Management LLC grew its position in shares of C3.ai by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 2,868,578 shares of the company’s stock worth $38,675,000 after buying an additional 21,451 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of C3.ai by 9.6% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,425,976 shares of the company’s stock worth $42,066,000 after buying an additional 211,786 shares during the period. 38.96% of the stock is currently owned by institutional investors and hedge funds.

C3.ai Price Performance

NYSE AI opened at $8.47 on Thursday. The stock’s 50 day simple moving average is $10.75 and its 200 day simple moving average is $14.14. C3.ai has a one year low of $7.72 and a one year high of $30.24. The firm has a market cap of $1.19 billion, a PE ratio of -2.69 and a beta of 2.05.

C3.ai (NYSE:AI) last issued its quarterly earnings data on Wednesday, February 25th. The company reported ($0.40) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.29) by ($0.11). The business had revenue of $53.26 million during the quarter, compared to the consensus estimate of $75.91 million. C3.ai had a negative net margin of 141.35% and a negative return on equity of 55.40%. The company’s revenue for the quarter was down 46.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.12) EPS. As a group, equities analysts expect that C3.ai will post -2.44 earnings per share for the current year.

Key Stories Impacting C3.ai

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

• Positive Sentiment: Unusual call-option activity — Investors bought roughly 108,092 call options on Friday (about a 78% jump vs. typical daily call volume). Heavy call buying can signal bullish, short-term speculation or positioning ahead of potential positive catalysts; it can lift near-term price and implied volatility.
• Positive Sentiment: Strategy tightening may improve conversions — C3.ai is narrowing its AI pilot approach to focus on higher-value deployments aimed at better conversion rates and clearer ROI for enterprise customers, which could improve future revenue visibility and deal economics if execution succeeds. C3.ai Tightens AI Pilot Strategy
• Negative Sentiment: Large insider selling by the chairman — Chairman Thomas Siebel disclosed multi-day sales totaling several hundred thousand shares (transactions on March 17–18 totaling millions of dollars). Large insider reductions, especially by a founder-level figure, are generally viewed negatively by the market and can pressure the stock. Chairman Sells $1.9M in Stock
• Negative Sentiment: Investor litigation probe — Pomerantz LLP has opened an investigation on behalf of C3.ai investors, a development that can increase legal and reputational risk and weigh on sentiment until resolved. Pomerantz Investigation
• Negative Sentiment: Analyst consensus and ratings are weak — Recent analyst coverage shows a consensus “Reduce” rating and continued price-target cuts, reflecting skepticism on near-term revenue and profitability recovery; this contributes to selling pressure. Consensus “Reduce” Rating

C3.ai Company Profile

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.