C3.ai (NYSE:AI) Reaches New 1-Year Low – What’s Next?

Shares of C3.ai, Inc. (NYSE:AI) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $13.31 and last traded at $13.4530, with a volume of 5066055 shares trading hands. The stock had previously closed at $14.07.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. UBS Group increased their target price on C3.ai from $16.00 to $17.00 and gave the company a “neutral” rating in a report on Friday, September 12th. DA Davidson restated an “underperform” rating and issued a $13.00 price objective (down from $25.00) on shares of C3.ai in a research report on Monday, August 11th. Needham & Company LLC reiterated a “hold” rating on shares of C3.ai in a research report on Thursday, September 4th. JMP Securities cut their target price on shares of C3.ai from $30.00 to $24.00 and set a “market outperform” rating for the company in a research note on Thursday, September 4th. Finally, 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 report on Thursday, September 4th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, seven have issued a Hold rating and five have issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Reduce” and an average target price of $22.09.

C3.ai Price Performance

The firm has a market cap of $1.85 billion, a PE ratio of -5.17 and a beta of 1.96. The stock has a 50-day moving average price of $17.31 and a 200 day moving average price of $20.98.

C3.ai (NYSE:AI) last issued its quarterly 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). The business had revenue of $70.26 million during the quarter, compared to analyst estimates of $104.02 million. C3.ai had a negative return on equity of 40.69% and a negative net margin of 92.08%.The firm’s quarterly revenue was down 19.4% on a year-over-year basis. During the same period in the previous year, the business posted ($0.05) earnings per share. C3.ai has set its Q2 2026 guidance at EPS. As a group, equities research analysts anticipate that C3.ai, Inc. will post -2.44 earnings per share for the current year.

Insider Buying and Selling

In related news, CFO Hitesh Lath sold 46,881 shares of the business’s stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $16.99, for a total value of $796,508.19. Following the completion of the sale, the chief financial officer directly owned 209,154 shares in the company, valued at approximately $3,553,526.46. The trade was a 18.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Robert David Schilling sold 470,420 shares of the company’s stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $17.29, for a total transaction of $8,133,561.80. Following the transaction, the executive vice president directly owned 1,011,327 shares of the company’s stock, valued at $17,485,843.83. This trade represents a 31.75% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 2,318,679 shares of company stock valued at $39,674,373. Insiders own 26.50% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in AI. Silicon Valley Capital Partners acquired a new position in C3.ai in the second quarter valued at $25,000. Larson Financial Group LLC increased its stake in C3.ai by 683.6% during the third quarter. Larson Financial Group LLC now owns 1,481 shares of the company’s stock worth $26,000 after acquiring an additional 1,292 shares during the last quarter. Parallel Advisors LLC raised its holdings in shares of C3.ai by 76.4% in the 3rd quarter. Parallel Advisors LLC now owns 1,849 shares of the company’s stock worth $32,000 after purchasing an additional 801 shares during the period. Financial Consulate Inc. purchased a new position in shares of C3.ai in the 3rd quarter worth about $36,000. Finally, Clearstead Advisors LLC lifted its stake in shares of C3.ai by 58.0% in the 3rd quarter. Clearstead Advisors LLC now owns 2,350 shares of the company’s stock valued at $41,000 after purchasing an additional 863 shares in the last quarter. 38.96% of the stock is owned by hedge funds and other institutional investors.

C3.ai Company Profile

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.