C3.ai (NYSE:AI) Earns Market Perform Rating from Citizens Jmp

C3.ai (NYSE:AI)‘s stock had its “market perform” rating reissued by equities research analysts at Citizens Jmp in a research report issued to clients and investors on Thursday, Benzinga reports.

A number of other brokerages have also issued reports on AI. Needham & Company LLC restated a “hold” rating on shares of C3.ai in a research note on Thursday. KeyCorp reiterated an “underweight” rating on shares of C3.ai in a report on Thursday, June 4th. UBS Group reiterated an “underperform” rating on shares of C3.ai in a research note on Tuesday. Citigroup reissued a “market perform” rating on shares of C3.ai in a report on Thursday. Finally, DA Davidson restated an “underperform” rating and set a $7.00 target price on shares of C3.ai in a research report on Tuesday. One analyst has rated the stock with a Buy rating, four have assigned a Hold rating and seven have assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Reduce” and an average target price of $10.09.

C3.ai Stock Up 1.6%

NYSE AI opened at $10.51 on Thursday. The firm has a market cap of $1.63 billion, a PE ratio of -3.15 and a beta of 2.10. C3.ai has a 52 week low of $7.68 and a 52 week high of $20.22. The company has a 50 day moving average price of $9.47 and a 200 day moving average price of $9.43.

C3.ai (NYSE:AI) last issued its quarterly earnings data on Wednesday, September 2nd. The company reported ($0.20) EPS for the quarter, beating the consensus estimate of ($0.26) by $0.06. C3.ai had a negative return on equity of 62.44% and a negative net margin of 187.95%.The firm had revenue of $52.38 million during the quarter, compared to analyst estimates of $52.06 million. During the same quarter in the prior year, the business posted ($0.37) EPS. The business’s revenue for the quarter was down 25.4% compared to the same quarter last year. On average, equities research analysts anticipate that C3.ai will post -2.28 earnings per share for the current fiscal year.

Insider Activity at C3.ai

In other C3.ai news, CFO Hitesh Lath sold 48,619 shares of C3.ai stock in a transaction on Tuesday, June 30th. The shares were sold at an average price of $8.77, for a total value of $426,388.63. Following the completion of the transaction, the chief financial officer owned 383,106 shares of the company’s stock, valued at approximately $3,359,839.62. The trade was a 11.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Stephen Bradley Ehikian sold 50,542 shares of the company’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $9.45, for a total transaction of $477,621.90. Following the completion of the transaction, the chief executive officer owned 651,130 shares of the company’s stock, valued at approximately $6,153,178.50. This trade represents a 7.20% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 1,241,760 shares of company stock worth $13,084,895 in the last three months. Company insiders own 26.50% of the company’s stock.

Hedge Funds Weigh In On C3.ai

A number of large investors have recently bought and sold shares of the business. Vanguard Group Inc. boosted its position in C3.ai by 0.8% during the fourth 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 in the last quarter. Morgan Stanley increased its position in shares of C3.ai by 1.9% in the fourth quarter. Morgan Stanley now owns 4,824,499 shares of the company’s stock valued at $65,034,000 after buying an additional 91,802 shares in the last quarter. Bank of America Corp DE lifted its position in shares of C3.ai by 55.1% during the 1st 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 in the last quarter. State Street Corp increased its holdings in C3.ai by 3.3% in the 4th quarter. State Street Corp now owns 2,976,389 shares of the company’s stock worth $40,122,000 after acquiring an additional 94,086 shares in the last quarter. Finally, Geode Capital Management LLC raised its position in C3.ai by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 2,868,578 shares of the company’s stock worth $38,675,000 after acquiring an additional 21,451 shares during the period. Institutional investors and hedge funds 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: C3.ai reported a quarterly loss of $0.20 per share, better than the $0.26 consensus estimate, while revenue of $52.38 million slightly exceeded expectations. The loss also narrowed from $0.37 per share a year earlier. C3.ai Reports Q1 Loss, Beats Revenue Estimates
• Positive Sentiment: Management said its turnaround is progressing, with bookings reportedly rising 73% and free cash flow turning positive. The company is targeting more consistent growth and cash generation, while CEO Thomas Siebel highlighted early progress after returning to the role. C3.ai Q1 2027 Results
• Neutral Sentiment: For fiscal 2027, C3.ai projected revenue of $210 million to $240 million. The range includes current analyst expectations of roughly $224 million, but its broad spread leaves uncertainty about the pace of recovery. C3.ai Fiscal 2027 Revenue Outlook
• Negative Sentiment: Revenue declined 25.4% year over year, and second-quarter revenue guidance of $51 million to $55 million—or approximately $53 million at the midpoint—fell short of the roughly $56.6 million consensus estimate. This suggests demand and sales execution remain under pressure despite the earnings beat. C3.ai Quarterly Sales and Guidance
• Negative Sentiment: Analyst sentiment remains cautious: Canaccord reaffirmed a “hold” rating with a $10 price target, while DA Davidson assigned an “underperform” rating. C3.ai also continues to report substantial losses, including a negative net margin and negative return on equity. DA Davidson Underperform Rating

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.