Q2 EPS Estimates for C3.ai Lowered by Northland Securities

C3.ai, Inc. (NYSE:AI) – Equities researchers at Northland Securities reduced their Q2 2027 earnings estimates for shares of C3.ai in a research report issued on Thursday, June 4th. Northland Securities analyst M. Latimore now forecasts that the company will earn ($0.62) per share for the quarter, down from their prior estimate of ($0.61). The consensus estimate for C3.ai’s current full-year earnings is ($2.47) per share. Northland Securities also issued estimates for C3.ai’s Q3 2027 earnings at ($0.60) EPS, Q4 2027 earnings at ($0.55) EPS and FY2027 earnings at ($2.43) EPS.

C3.ai (NYSE:AI) last issued its quarterly earnings results on Wednesday, June 3rd. The company reported ($0.33) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.38) by $0.05. C3.ai had a negative net margin of 187.95% and a negative return on equity of 60.20%. The company had revenue of $51.60 million during the quarter, compared to the consensus estimate of $51.60 million. During the same quarter in the prior year, the firm posted ($0.16) EPS. The firm’s quarterly revenue was down 52.5% on a year-over-year basis.

A number of other brokerages also recently weighed in on AI. Wedbush reaffirmed an “outperform” rating and set a $15.00 price target on shares of C3.ai in a report on Thursday, June 4th. DA Davidson reaffirmed an “underperform” rating and set a $7.00 price target on shares of C3.ai in a report on Thursday, June 4th. Citizens Jmp reaffirmed a “market perform” rating on shares of C3.ai in a report on Thursday, June 4th. JPMorgan Chase & Co. dropped their price objective on shares of C3.ai from $10.00 to $7.00 and set an “underweight” rating for the company in a research note on Thursday, February 26th. Finally, BMO Capital Markets set a $7.00 price objective on shares of C3.ai in a research note on Thursday, February 26th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, six have assigned a Hold rating and six have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average target price of $12.92.

C3.ai Trading Down 0.1%

Shares of C3.ai stock opened at $10.77 on Thursday. The company has a 50 day moving average of $9.35 and a 200-day moving average of $11.06. C3.ai has a 1-year low of $7.68 and a 1-year high of $30.11. The company has a market cap of $1.57 billion, a PE ratio of -3.23 and a beta of 2.04.

Insider Activity at C3.ai

In related news, CEO Stephen Bradley Ehikian sold 52,194 shares of the stock in a transaction that occurred on Tuesday, March 31st. The shares were sold at an average price of $8.22, for a total value of $429,034.68. Following the completion of the transaction, the chief executive officer owned 721,485 shares of the company’s stock, valued at $5,930,606.70. This represents a 6.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Hitesh Lath sold 15,248 shares of the 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 completion of the transaction, the chief financial officer directly owned 238,308 shares of the company’s stock, valued at approximately $2,140,005.84. The trade was a 6.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,586,604 shares of company stock valued at $13,722,081 in the last quarter. Insiders own 26.50% of the company’s stock.

Hedge Funds Weigh In On C3.ai

Several large investors have recently modified their holdings of the business. Vanguard Group Inc. raised its stake in shares of C3.ai by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 14,469,953 shares of the company’s stock valued at $195,055,000 after acquiring an additional 108,011 shares during the last quarter. Morgan Stanley increased its position in shares of C3.ai by 1.9% during the fourth quarter. Morgan Stanley now owns 4,824,499 shares of the company’s stock worth $65,034,000 after buying an additional 91,802 shares during the period. Bank of America Corp DE increased its position in shares of C3.ai by 55.1% during the first quarter. Bank of America Corp DE now owns 3,282,183 shares of the company’s stock worth $27,636,000 after buying an additional 1,166,302 shares during the period. State Street Corp increased its position in shares of C3.ai by 3.3% during the fourth quarter. State Street Corp now owns 2,976,389 shares of the company’s stock worth $40,122,000 after buying an additional 94,086 shares during the period. Finally, Geode Capital Management LLC increased its position in shares of C3.ai by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 2,868,578 shares of the company’s stock worth $38,675,000 after buying an additional 21,451 shares during the period. Institutional investors own 38.96% of the company’s stock.

Key Stories Impacting C3.ai

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

• Positive Sentiment: Northland Securities raised its Q4 2027 EPS estimate for C3.ai slightly, signaling a modestly better outlook for that period. C3.ai analyst estimate update
• Neutral Sentiment: The company’s Q2, Q3, and full-year FY2027 EPS estimates were also revised, but the changes were small and still point to ongoing losses. C3.ai analyst estimate update
• Neutral Sentiment: Recent coverage of C3.ai’s Q1 earnings call highlighted management’s turnaround plan, including sales and cost-cutting changes, after the company blamed poor execution for a steep revenue decline. C3.ai earnings call coverage
• Negative Sentiment: Despite a small earnings beat last quarter, C3.ai’s revenue fell sharply year over year, reinforcing concerns about growth and profitability. C3.ai earnings results

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.