C3.ai’s (AI) Market Perform Rating Reiterated at Citizens Jmp

Citizens Jmp reiterated their market perform rating on shares of C3.ai (NYSE:AI) in a research report sent to investors on Thursday morning,Benzinga reports.

AI has been the subject of a number of other reports. Citigroup reissued a “market perform” rating on shares of C3.ai in a research note on Thursday. UBS Group reaffirmed an “underperform” rating on shares of C3.ai in a research note on Tuesday. DA Davidson reiterated an “underperform” rating and set a $7.00 price objective on shares of C3.ai in a report on Tuesday, September 1st. Morgan Stanley boosted their price objective on shares of C3.ai from $6.00 to $7.00 and gave the company an “underweight” rating in a research report on Thursday, June 4th. Finally, Wedbush reaffirmed an “outperform” rating and set a $15.00 target price on shares of C3.ai in a research report on Thursday, June 4th. One research analyst has rated the stock with a Buy rating, four have issued a Hold rating and seven have issued a Sell rating to the stock. According to data from MarketBeat.com, C3.ai currently has an average rating of “Reduce” and an average target price of $8.70.

C3.ai Stock Performance

Shares of AI stock opened at $10.45 on Thursday. The stock has a 50 day moving average price of $9.55 and a 200 day moving average price of $9.43. C3.ai has a 52-week low of $7.68 and a 52-week high of $20.22. The firm has a market capitalization of $1.62 billion, a P/E ratio of -3.39 and a beta of 2.10.

C3.ai (NYSE:AI) last announced 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 60.82% and a negative net margin of 192.10%.The company had revenue of $52.38 million for the quarter, compared to the consensus estimate of $52.06 million. During the same quarter in the prior year, the company posted ($0.37) EPS. C3.ai’s quarterly revenue was down 25.4% on a year-over-year basis. As a group, sell-side analysts forecast that C3.ai will post -2.28 EPS for the current year.

Insider Activity

In related news, CEO Stephen Ehikian sold 50,542 shares of C3.ai stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $9.45, for a total value of $477,621.90. Following the completion of the sale, the chief executive officer directly owned 651,130 shares in the company, valued at $6,153,178.50. The trade was a 7.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Thomas Siebel sold 472,005 shares of the company’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $11.11, for a total transaction of $5,243,975.55. Following the completion of the sale, the chief executive officer directly owned 722,362 shares of the company’s stock, valued at approximately $8,025,441.82. This trade represents a 39.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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. Over the last 90 days, insiders have sold 1,258,650 shares of company stock worth $13,258,862. Company insiders own 26.50% of the company’s stock.

Institutional Investors Weigh In On C3.ai

Hedge funds have recently modified their holdings of the business. Larson Financial Group LLC raised its stake in C3.ai by 683.6% in the third quarter. Larson Financial Group LLC now owns 1,481 shares of the company’s stock worth $26,000 after buying an additional 1,292 shares in the last quarter. Parallel Advisors LLC boosted its position in C3.ai by 76.4% during the 3rd quarter. Parallel Advisors LLC now owns 1,849 shares of the company’s stock valued at $32,000 after acquiring an additional 801 shares in the last quarter. Farther Finance Advisors LLC boosted its position in C3.ai by 66.1% during the 4th quarter. Farther Finance Advisors LLC now owns 2,141 shares of the company’s stock valued at $29,000 after acquiring an additional 852 shares in the last quarter. Comerica Bank increased its holdings in shares of C3.ai by 839.1% in the 4th quarter. Comerica Bank now owns 2,423 shares of the company’s stock valued at $33,000 after acquiring an additional 2,165 shares during the period. Finally, NewEdge Advisors LLC increased its holdings in shares of C3.ai by 48.7% in the 1st quarter. NewEdge Advisors LLC now owns 2,442 shares of the company’s stock valued at $51,000 after acquiring an additional 800 shares during the period. Hedge funds and other institutional investors own 38.96% of the company’s stock.

Trending Headlines about C3.ai

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

• Positive Sentiment: Bookings surged 73% sequentially in fiscal Q1 2027, helped by sales-force restructuring and renewed demand. C3.ai signed 22 new customer agreements, including Ford and several U.S. government agencies, while federal-sector bookings rose 138% year over year. C3.ai Posts 73% Bookings Growth As Free Cash Flow Turns Positive
• Positive Sentiment: Free cash flow returned to positive territory, and the company retains approximately $650 million in cash. That liquidity gives C3.ai additional time to execute its turnaround and pursue enterprise and government opportunities.
• Positive Sentiment: C3.ai reported a quarterly loss of $0.20 per share, better than the expected $0.26 loss, while revenue of $52.38 million modestly exceeded estimates. Seeking Alpha upgraded the stock to Buy, citing stronger bookings and founder Thomas Siebel’s renewed leadership. C3.ai: Early Turnaround Signals Are Here
• Neutral Sentiment: CEO Thomas Siebel sold 16,890 shares worth about $174,000 to cover tax withholding tied to equity vesting. The sale reduced his direct ownership by 2.24%, but its stated purpose makes it a weaker bearish signal than a discretionary insider sale. C3.ai CEO Thomas Siebel Sells Shares
• Negative Sentiment: Revenue fell approximately 25% year over year to $52.4 million, and subscription revenue also declined. Management’s fiscal 2027 revenue outlook of $210 million to $240 million is broadly cautious, while quarterly revenue guidance of $53 million came in below analyst expectations. C3.ai Posts Sales In Line but Guidance Misses Expectations
• Negative Sentiment: Analyst opinion remains unfavorable: Canaccord reiterated Hold with a $10 target, Citizens JMP and Citigroup maintained Market Perform, while DA Davidson and UBS kept Underperform ratings. The reported consensus rating is Reduce, with an average target of $8.70.

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.