C3.ai (NYSE:AI) Cut to “Market Perform” at Citizens Jmp

Citizens Jmp lowered shares of C3.ai (NYSE:AI) from an outperform rating to a market perform rating in a research report sent to investors on Thursday, Marketbeat Ratings reports.

Other research analysts have also issued research reports about the company. 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 research note on Wednesday, January 21st. Needham & Company LLC reissued a “hold” rating on shares of C3.ai in a research report on Thursday, December 4th. Wedbush restated an “outperform” rating and set a $20.00 price target on shares of C3.ai in a research note on Thursday, December 4th. Finally, Canaccord Genuity Group reiterated a “hold” rating and set a $16.00 price target 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 issued a Hold rating and six have issued a Sell rating to the stock. According to data from MarketBeat, C3.ai has a consensus rating of “Reduce” and an average target price of $15.87.

C3.ai Trading Down 5.7%

Shares of C3.ai stock opened at $7.93 on Thursday. The firm’s 50 day simple moving average is $12.23 and its two-hundred day simple moving average is $15.03. The firm has a market capitalization of $1.12 billion, a price-to-earnings ratio of -2.52 and a beta of 1.98. C3.ai has a 12-month low of $7.73 and a 12-month high of $30.24.

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

Insider Activity at C3.ai

In related news, Chairman Thomas M. Siebel sold 511,732 shares of the company’s stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $11.66, for a total transaction of $5,966,795.12. Following the completion of the sale, the chairman directly owned 722,362 shares of the company’s stock, valued at approximately $8,422,740.92. This represents a 41.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Hitesh Lath sold 15,042 shares of the business’s stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $14.38, for a total value of $216,303.96. Following the transaction, the chief financial officer owned 223,120 shares in the company, valued at approximately $3,208,465.60. This represents a 6.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 1,884,304 shares of company stock worth $24,970,674. Company insiders own 26.50% of the company’s stock.

Institutional Trading of C3.ai

Several large investors have recently modified their holdings of AI. Silicon Valley Capital Partners bought a new stake in shares of C3.ai in the 2nd quarter valued at approximately $25,000. Larson Financial Group LLC boosted its holdings 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 purchasing an additional 1,292 shares during the period. Farther Finance Advisors LLC increased its stake 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 during the last quarter. Parallel Advisors LLC raised its holdings in shares of C3.ai by 76.4% during the third quarter. Parallel Advisors LLC now owns 1,849 shares of the company’s stock worth $32,000 after purchasing an additional 801 shares during the period. Finally, Comerica Bank lifted its position in shares of C3.ai by 839.1% in the 4th quarter. Comerica Bank now owns 2,423 shares of the company’s stock worth $33,000 after buying an additional 2,165 shares during the last quarter. 38.96% of the stock is currently owned by institutional investors and hedge funds.

C3.ai News Summary

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

• Positive Sentiment: Restructuring could materially reduce cash burn — management outlined a restructuring that it says will generate roughly $135M of savings, which should extend runway if execution holds. I Was Skeptical Of C3.ai A Year Ago – It’s Even Worse Now (Rating Downgrade)
• Positive Sentiment: Some sell‑side support remains — Wedbush still carries an outperform stance (albeit with a lower target), indicating a subset of analysts see recovery upside if commercial momentum returns. Benzinga coverage of analyst moves
• Neutral Sentiment: CEO signals strategic focus on flexible AI scaling — management is pitching a go‑forward commercial strategy but needs to show contract wins. C3.ai wants to capture AI scaling with ‘maximum flexibility’: CEO
• Neutral Sentiment: Full earnings call transcript is available for investors to review management comments and Q&A on guidance and sales execution. Q3 2026 Earnings Call Transcript
• Negative Sentiment: Weak results: C3.ai missed revenue and EPS estimates — Q3 revenue and EPS came in well below consensus and revenue was reported down ~46% year‑over‑year, signaling material commercial weakness. C3.ai Stock Tumbles on Wider‑Than‑Expected Q3 Loss, Revenues Down Y/Y
• Negative Sentiment: Major workforce cut and lowered outlook — the company is cutting ~26% of staff and trimmed near‑term sales guidance, prompting sharp selloffs in extended trading. C3.ai cuts 26% of global staff under new CEO’s restructuring push
• Negative Sentiment: Analysts slashed price targets and issued downgrades — multiple firms lowered targets and ratings, increasing near‑term downside risk and reducing buy‑side conviction. Benzinga roundup of analyst moves
• Negative Sentiment: Legal risk: a securities‑fraud investigation was announced, adding another overhang to sentiment and potential distraction for management. Ademi LLP Investigates Claims of Securities Fraud against C3.ai, Inc.

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.