C3.ai (NYSE:AI) Given New $6.00 Price Target at KeyCorp

C3.ai (NYSE:AI) had its price target cut by KeyCorp from $10.00 to $6.00 in a report published on Thursday,Benzinga reports. They currently have an underweight rating on the stock.

Several other analysts have also weighed in on AI. Bank of America set a $10.00 price objective on C3.ai in a report on Friday, January 30th. Weiss Ratings reissued a “sell (d-)” rating on shares of C3.ai in a report on Wednesday, January 21st. Citizens Jmp cut shares of C3.ai from an “outperform” rating to a “market perform” rating in a research note on Thursday. Needham & Company LLC reiterated a “hold” rating on shares of C3.ai in a report on Thursday, December 4th. Finally, Wedbush reissued an “outperform” rating and set a $20.00 target price on shares of C3.ai in a research note on Thursday, December 4th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, seven have assigned a Hold rating and six have issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Reduce” and an average price target of $15.87.

C3.ai Price Performance

C3.ai stock opened at $8.41 on Thursday. C3.ai has a 12-month low of $7.73 and a 12-month high of $30.24. The stock has a market capitalization of $1.18 billion, a PE ratio of -2.67 and a beta of 1.98. The firm has a 50 day simple moving average of $12.36 and a 200-day simple moving average of $15.10.

C3.ai (NYSE:AI) last announced its earnings results on Wednesday, February 25th. The company reported ($0.40) EPS for the quarter, missing the consensus estimate of ($0.29) by ($0.11). The firm had revenue of $53.26 million for the quarter, compared to the consensus estimate of $75.91 million. C3.ai had a negative return on equity of 53.96% and a negative net margin of 141.35%.C3.ai’s revenue for the quarter was down 46.1% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.12) EPS. On average, analysts forecast that C3.ai will post -2.44 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CFO Hitesh Lath sold 15,042 shares of the firm’s stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $14.38, for a total value of $216,303.96. Following the completion of the transaction, the chief financial officer owned 223,120 shares of the company’s stock, valued at approximately $3,208,465.60. This trade represents a 6.32% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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 transaction, the chairman owned 722,362 shares in the company, valued at approximately $8,422,740.92. The trade was a 41.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 1,884,304 shares of company stock valued at $24,970,674. Company insiders own 26.50% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Silicon Valley Capital Partners acquired a new stake in C3.ai during the 2nd quarter worth about $25,000. Larson Financial Group LLC boosted its holdings in shares of 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 purchasing an additional 1,292 shares during the period. Farther Finance Advisors LLC grew its position in C3.ai by 66.1% during the fourth 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 grew its position in C3.ai by 76.4% during the third 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 increased its stake in 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 buying an additional 2,165 shares during the period. 38.96% of the stock is owned by institutional investors and hedge funds.

Key C3.ai News

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.