C3.ai (NYSE:AI) Receives Outperform Rating from Wedbush

Wedbush reissued their outperform rating on shares of C3.ai (NYSE:AI) in a report issued on Wednesday,Benzinga reports. Wedbush currently has a $15.00 target price on the stock.

Other research analysts have also issued research reports about the stock. BMO Capital Markets set a $7.00 price target on shares of C3.ai in a report on Thursday, February 26th. Weiss Ratings lowered shares of C3.ai from a “sell (d-)” rating to a “sell (e+)” rating in a report on Monday, May 4th. Wolfe Research restated an “underperform” rating and issued a $6.00 price target on shares of C3.ai in a report on Thursday, February 26th. Bank of America set a $10.00 price objective on shares of C3.ai in a research note on Friday, January 30th. Finally, Canaccord Genuity Group lifted their price objective on shares of C3.ai from $7.00 to $8.00 and gave the company a “hold” rating in a research note on Wednesday. One equities research 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 given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Reduce” and an average target price of $15.93.

C3.ai Stock Performance

NYSE AI opened at $8.67 on Wednesday. C3.ai has a one year low of $7.68 and a one year high of $30.24. The company’s 50 day moving average price is $8.86 and its 200 day moving average price is $11.87. The firm has a market capitalization of $1.26 billion, a price-to-earnings ratio of -2.75 and a beta of 2.00.

C3.ai (NYSE:AI) last posted its quarterly 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). C3.ai had a negative net margin of 141.35% and a negative return on equity of 55.40%. 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 business posted ($0.12) EPS. The company’s quarterly revenue was down 46.1% on a year-over-year basis. Sell-side analysts forecast that C3.ai will post -3.22 EPS for the current fiscal year.

Insider Activity

In other news, CFO Hitesh Lath sold 15,248 shares of C3.ai stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $8.98, for a total transaction of $136,927.04. Following the sale, the chief financial officer owned 238,308 shares in the company, valued at $2,140,005.84. This trade represents a 6.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Jim H. Snabe acquired 25,000 shares of the company’s stock in a transaction dated Monday, March 9th. The shares were purchased at an average price of $9.00 per share, for a total transaction of $225,000.00. Following the purchase, the director directly owned 395,000 shares of the company’s stock, valued at approximately $3,555,000. This trade represents a 6.76% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last ninety days, insiders have sold 1,111,051 shares of company stock worth $9,547,130. Company insiders own 26.50% of the company’s stock.

Institutional Trading of C3.ai

A number of hedge funds have recently made changes to their positions in AI. AQR Capital Management LLC grew its position in shares of C3.ai by 267.9% during the first quarter. AQR Capital Management LLC now owns 181,354 shares of the company’s stock worth $3,788,000 after buying an additional 132,056 shares in the last quarter. NewEdge Advisors LLC grew its position in shares of C3.ai by 48.7% during the first quarter. NewEdge Advisors LLC now owns 2,442 shares of the company’s stock worth $51,000 after buying an additional 800 shares in the last quarter. Woodline Partners LP acquired a new stake in shares of C3.ai during the first quarter worth approximately $346,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of C3.ai by 4.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 242,784 shares of the company’s stock worth $5,111,000 after buying an additional 10,675 shares in the last quarter. Finally, Focus Partners Wealth grew its position in shares of C3.ai by 2.6% during the first quarter. Focus Partners Wealth now owns 59,004 shares of the company’s stock worth $1,242,000 after buying an additional 1,503 shares in the last quarter. Institutional investors and hedge funds own 38.96% of the company’s stock.

C3.ai News Roundup

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

• Positive Sentiment: C3.ai’s preliminary Q4 and full-year FY2026 results said revenue met guidance and losses narrowed, which suggests improving cost control and execution. C3.ai Q4 Preliminary Results: Revenues Meet Expectations, Loss Narrows
• Positive Sentiment: Canaccord raised its price target on C3.ai to $8 from $7, indicating some analysts see better near-term value after the recent selloff. Canaccord Raises C3.ai Price Target as Tom Siebel Returns to the CEO Seat
• Positive Sentiment: Wedbush reaffirmed an outperform rating and kept a much higher $15 price target, signaling continued bullishness from at least one major analyst. Wedbush reaffirmed rating and price target
• Neutral Sentiment: Tom Siebel has returned as CEO less than a year after stepping down, and C3.ai also announced broader executive leadership changes. Investors may view this as a stabilizing move, but it also highlights ongoing organizational transition. Tom Siebel returns as C3.ai CEO less than a year after stepping down
• Negative Sentiment: Bookings missed expectations in the preliminary results, which is a key concern because it points to softer future demand even as revenue held up. C3.ai Q4 Preliminary Results: Revenues Meet Expectations, Loss Narrows
• Negative Sentiment: DA Davidson reiterated an underperform rating with a $7 price target, reinforcing skepticism about upside from current levels. DA Davidson underperform rating reaffirmed

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.