C3.ai’s (AI) “Hold” Rating Reaffirmed at Canaccord Genuity Group

C3.ai (NYSE:AI)‘s stock had its “hold” rating reiterated by investment analysts at Canaccord Genuity Group in a research note issued to investors on Thursday, Benzinga reports. They currently have a $10.00 price target on the stock. Canaccord Genuity Group’s price objective suggests a potential downside of 4.83% from the company’s previous close.

Several other equities research analysts have also recently issued reports on AI. Citizens Jmp reissued a “market perform” rating on shares of C3.ai in a research report on Thursday, June 4th. Weiss Ratings raised shares of C3.ai from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, August 4th. Wedbush reaffirmed an “outperform” rating and set a $15.00 price target on shares of C3.ai in a research note on Thursday, June 4th. UBS Group reaffirmed an “underperform” rating on shares of C3.ai in a research note on Tuesday. Finally, Morgan Stanley lifted their price target on shares of C3.ai from $6.00 to $7.00 and gave the company an “underweight” rating in a report on Thursday, June 4th. One investment analyst has rated the stock with a Buy rating, four have issued a Hold rating and seven have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus target price of $10.09.

C3.ai Trading Up 1.6%

NYSE AI opened at $10.51 on Thursday. The business’s 50-day moving average price is $9.47 and its 200 day moving average price is $9.43. C3.ai has a twelve month low of $7.68 and a twelve month high of $20.22. The company has a market capitalization of $1.63 billion, a PE ratio of -3.15 and a beta of 2.10.

C3.ai (NYSE:AI) last issued its quarterly earnings results on Wednesday, September 2nd. The company reported ($0.20) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.26) by $0.06. The firm had revenue of $52.38 million for the quarter, compared to analyst estimates of $52.06 million. C3.ai had a negative return on equity of 62.44% and a negative net margin of 187.95%.The firm’s quarterly revenue was down 25.4% on a year-over-year basis. During the same period last year, the company earned ($0.37) EPS. Equities analysts predict that C3.ai will post -2.28 EPS for the current year.

Insider Activity

In related news, CEO Stephen Bradley Ehikian sold 50,542 shares of the stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $9.45, for a total transaction of $477,621.90. Following the completion of the sale, the chief executive officer owned 651,130 shares of the company’s stock, valued at approximately $6,153,178.50. This represents a 7.20% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Thomas M. Siebel sold 472,005 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $11.11, for a total transaction of $5,243,975.55. Following the completion of the transaction, the chief executive officer owned 722,362 shares in the company, valued at $8,025,441.82. The trade was a 39.52% decrease in their position. The disclosure for this sale is available in the SEC filing. 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. Insiders have sold 1,241,760 shares of company stock valued at $13,084,895 in the last three months. Corporate insiders own 26.50% of the company’s stock.

Institutional Investors Weigh In On C3.ai

Institutional investors have recently bought and sold shares of the business. Western Wealth Management LLC purchased a new position in shares of C3.ai in the 1st quarter valued at $26,000. Larson Financial Group LLC boosted its position in C3.ai by 683.6% during the 3rd quarter. Larson Financial Group LLC now owns 1,481 shares of the company’s stock worth $26,000 after purchasing an additional 1,292 shares during the period. Farther Finance Advisors LLC increased its holdings in C3.ai by 66.1% in the 4th quarter. Farther Finance Advisors LLC now owns 2,141 shares of the company’s stock valued at $29,000 after purchasing an additional 852 shares in the last quarter. Parallel Advisors LLC increased its holdings in C3.ai by 76.4% in the 3rd quarter. Parallel Advisors LLC now owns 1,849 shares of the company’s stock valued at $32,000 after purchasing an additional 801 shares in the last quarter. Finally, Comerica Bank raised its position in C3.ai by 839.1% in the fourth quarter. Comerica Bank now owns 2,423 shares of the company’s stock valued at $33,000 after purchasing an additional 2,165 shares during the period. 38.96% of the stock is currently owned by hedge funds and other institutional investors.

More C3.ai News

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

• Positive Sentiment: Quarterly results exceeded expectations. C3.ai reported a loss of $0.20 per share versus the consensus loss of $0.26, while revenue of $52.38 million narrowly topped the $52.06 million estimate. The loss also improved from $0.37 per share in the year-earlier quarter. C3.ai Reports Q1 Loss, Beats Revenue Estimates
• Positive Sentiment: Management highlighted early turnaround progress. Bookings reportedly increased 73%, and free cash flow turned positive, potentially improving confidence in CEO Thomas Siebel’s renewed efforts to restore consistent growth and move the company toward sustainable profitability. C3.ai Q1 2027: Free Cash Flow Turns Positive as Bookings Surge 73%
• Neutral Sentiment: Full-year guidance signals a wide range of outcomes. C3.ai forecast fiscal 2027 revenue of $210 million to $240 million. The midpoint is close to, but slightly below, analyst expectations of roughly $224 million, leaving investors focused on whether bookings convert into revenue. C3.ai Outlines FY2027 Revenue Guidance
• Negative Sentiment: Revenue remains under pressure. Quarterly sales fell approximately 25% year over year, and second-quarter revenue guidance of $51 million to $55 million was below the consensus estimate of $56.6 million. Persistent operating losses and a negative net margin reinforce concerns about the pace of the turnaround.
• Negative Sentiment: DA Davidson reaffirmed an Underperform rating and set a $7 price target, implying substantial downside from the recent trading level. The call highlights continuing skepticism about C3.ai’s growth execution despite the earnings beat. C3.ai Earns Underperform Rating from DA Davidson

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.