C3.ai (NYSE:AI) Price Target Lowered to $7.00 at Canaccord Genuity Group

C3.ai (NYSE:AI) had its price objective lowered by Canaccord Genuity Group from $16.00 to $7.00 in a report released on Thursday morning,Benzinga reports. The brokerage currently has a hold rating on the stock.

A number of other analysts have also recently commented on the company. BMO Capital Markets set a $7.00 price objective on C3.ai in a research report on Thursday. KeyCorp decreased their price target on C3.ai from $10.00 to $6.00 and set an “underweight” rating on the stock in a research note on Thursday. DA Davidson decreased their price target on shares of C3.ai from $13.00 to $7.00 and set an “underperform” rating on the stock in a report on Thursday. Needham & Company LLC reiterated a “hold” rating on shares of C3.ai in a report on Thursday, December 4th. Finally, UBS Group reaffirmed a “reduce” rating on shares of C3.ai in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, seven have issued a Hold rating and six have assigned a Sell rating to the company. Based on data from MarketBeat.com, C3.ai currently has an average rating of “Reduce” and a consensus price target of $15.87.

C3.ai Price Performance

Shares of NYSE AI opened at $8.41 on Thursday. The company has a market cap of $1.18 billion, a PE ratio of -2.67 and a beta of 1.98. The stock has a fifty day moving average price of $12.36 and a 200 day moving average price of $15.10. C3.ai has a 1-year low of $7.73 and a 1-year high of $30.24.

C3.ai (NYSE:AI) last released 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). C3.ai had a negative return on equity of 53.96% and a negative net margin of 141.35%.The business had revenue of $53.26 million during the quarter, compared to analysts’ expectations of $75.91 million. During the same quarter in the previous year, the company posted ($0.12) EPS. The company’s revenue was down 46.1% compared to the same quarter last year. Analysts anticipate that C3.ai will post -2.44 earnings per share for the current fiscal year.

Insider Activity at C3.ai

In related news, CEO Stephen Bradley Ehikian sold 234,918 shares of C3.ai stock in a transaction dated Wednesday, December 31st. The stock was sold at an average price of $13.56, for a total transaction of $3,185,488.08. Following the transaction, the chief executive officer directly owned 924,074 shares of the company’s stock, valued at $12,530,443.44. The trade was a 20.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Chairman Thomas M. Siebel sold 511,732 shares of C3.ai stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $11.66, for a total transaction of $5,966,795.12. Following the completion of the transaction, the chairman owned 722,362 shares in the company, valued at approximately $8,422,740.92. This trade represents a 41.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,884,304 shares of company stock worth $24,970,674 in the last three months. 26.50% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of AI. Dimensional Fund Advisors LP raised its holdings in shares of C3.ai by 77.1% during the third quarter. Dimensional Fund Advisors LP now owns 1,804,188 shares of the company’s stock worth $31,284,000 after acquiring an additional 785,508 shares in the last quarter. Two Sigma Investments LP acquired a new position in shares of C3.ai during the 3rd quarter worth about $13,379,000. Voloridge Investment Management LLC acquired a new position in shares of C3.ai during the fourth quarter worth approximately $9,183,000. Federated Hermes Inc. raised its stake in C3.ai by 93,578.8% during the 4th quarter. Federated Hermes Inc. now owns 675,424 shares of the company’s stock valued at $9,105,000 after purchasing an additional 674,703 shares during the last quarter. Finally, Quantbot Technologies LP raised its position in shares of C3.ai by 2,831.4% during the third quarter. Quantbot Technologies LP now owns 554,472 shares of the company’s stock valued at $9,615,000 after buying an additional 535,557 shares during the last quarter. 38.96% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting C3.ai

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

• Positive Sentiment: Wedbush maintained an outperform stance despite lowering its target to $15, implying significant upside if the company stabilizes. Article
• Neutral Sentiment: UBS cut its target to $9 and moved to neutral — a smaller downgrade that still implies modest upside versus the current price. Article
• Negative Sentiment: Q3 results missed expectations: EPS of ($0.40) vs. ($0.29) est., revenue $53.3M vs. $75.9M est., and revenue down ~46% YoY — a clear near‑term demand and conversion problem. Earnings
• Negative Sentiment: Management cut 26% of global staff and flagged a reduced cost structure; Q4 revenue guide $48M–$52M vs. ~$77.6M consensus and FY revenue guide ~$246.7M–$250.7M vs. ~$298.7M consensus — guidance shortfalls drove much of the selloff. Reuters
• Negative Sentiment: Several firms aggressively lowered targets and ratings (JPMorgan to $7/underweight; Canaccord to $7/hold; KeyCorp to $6/underweight; Citizens JMP downgraded to market perform), amplifying selling pressure. Benzinga
• Negative Sentiment: Ademi LLP announced an investigation into potential securities‑fraud claims tied to C3.ai’s statements — a legal overhang that increases investor uncertainty. PR Newswire
• Negative Sentiment: Analyst and media commentary highlight structural issues: collapsing gross margins, difficulty converting pilots to enterprise contracts, and deepening losses — signaling the recovery path is uncertain and likely prolonged. Seeking Alpha

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.