C3.ai (NYSE:AI) Price Target Raised to $17.00

by · The Cerbat Gem

C3.ai (NYSE:AI – Free Report) had its target price boosted by UBS Group from $16.00 to $17.00 in a report published on Friday morning,Benzinga reports. They currently have a neutral rating on the stock.

Other equities analysts have also issued reports about the stock. Westpark Capital upgraded shares of C3.ai to a “strong-buy” rating and set a $40.00 target price on the stock in a research report on Wednesday, July 9th. KeyCorp reduced their target price on shares of C3.ai from $18.00 to $10.00 and set an “underweight” rating on the stock in a research report on Thursday, September 4th. Needham & Company LLC reiterated a “hold” rating on shares of C3.ai in a research report on Thursday, September 4th. JMP Securities reduced their target price on shares of C3.ai from $30.00 to $24.00 and set a “market outperform” rating on the stock in a research report on Thursday, September 4th. Finally, Canaccord Genuity Group cut their price objective on shares of C3.ai from $28.00 to $16.00 and set a “hold” rating on the stock in a report on Friday, September 5th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, seven have given a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, C3.ai currently has a consensus rating of “Reduce” and a consensus price target of $22.09.

View Our Latest Analysis on C3.ai

C3.ai Stock Up 0.3%

NYSE:AI opened at $16.45 on Friday. The firm has a market cap of $2.21 billion, a PE ratio of -6.33 and a beta of 1.96. C3.ai has a 12 month low of $14.70 and a 12 month high of $45.08. The company’s 50-day moving average price is $21.31 and its two-hundred day moving average price is $22.22.

C3.ai (NYSE:AI – Get Free Report) last announced its earnings results on Wednesday, September 3rd. The company reported ($0.86) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.21) by ($0.65). C3.ai had a negative return on equity of 40.69% and a negative net margin of 92.08%.The company had revenue of $70.26 million for the quarter, compared to analyst estimates of $104.02 million. During the same quarter in the previous year, the company posted ($0.05) earnings per share. C3.ai’s revenue for the quarter was down 19.4% on a year-over-year basis. C3.ai has set its Q2 2026 guidance at EPS. On average, research analysts expect that C3.ai will post -2.44 EPS for the current fiscal year.

Insider Activity at C3.ai

In other C3.ai news, CFO Hitesh Lath sold 17,689 shares of the company’s stock in a transaction that occurred on Friday, June 27th. The shares were sold at an average price of $24.96, for a total value of $441,517.44. Following the completion of the sale, the chief financial officer owned 166,218 shares of the company’s stock, valued at approximately $4,148,801.28. This represents a 9.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman Thomas M. Siebel sold 17,200 shares of the company’s stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $16.49, for a total transaction of $283,628.00. Following the completion of the sale, the chairman directly owned 15,536 shares of the company’s stock, valued at $256,188.64. The trade was a 52.54% decrease in their position. The disclosure for this sale can be found here. Insiders sold 1,538,035 shares of company stock valued at $34,916,298 in the last ninety days. Insiders own 26.50% of the company’s stock.

Institutional Investors Weigh In On C3.ai

Several large investors have recently bought and sold shares of the company. Orion Capital Management LLC bought a new stake in shares of C3.ai during the fourth quarter worth $34,000. Silicon Valley Capital Partners bought a new stake in shares of C3.ai during the second quarter worth $25,000. Raiffeisen Bank International AG bought a new stake in shares of C3.ai during the fourth quarter worth $36,000. Garde Capital Inc. bought a new stake in shares of C3.ai during the first quarter worth $29,000. Finally, CX Institutional bought a new stake in shares of C3.ai during the first quarter worth $34,000. Institutional investors own 38.96% of the company’s stock.

C3.ai Company Profile

(Get Free Report)

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.

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