Analysts Set C3.ai, Inc. (NYSE:AI) Target Price at $22.09

C3.ai, Inc. (NYSE:AI) has been assigned a consensus recommendation of “Reduce” from the fourteen analysts that are currently covering the stock, MarketBeat.com reports. Five research analysts have rated the stock with a sell rating, seven have assigned a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $22.0909.

A number of equities analysts have weighed in on the stock. Needham & Company LLC reaffirmed a “hold” rating on shares of C3.ai in a research note on Thursday, September 4th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of C3.ai in a research note on Wednesday, October 8th. JMP Securities decreased their target price on shares of C3.ai from $30.00 to $24.00 and set a “market outperform” rating for the company in a research note on Thursday, September 4th. Morgan Stanley decreased their target price on shares of C3.ai from $22.00 to $11.00 and set an “underweight” rating for the company in a research note on Tuesday, September 9th. Finally, UBS Group raised their price target on shares of C3.ai from $16.00 to $17.00 and gave the company a “neutral” rating in a research report on Friday, September 12th.

C3.ai Price Performance

Shares of AI opened at $17.53 on Monday. C3.ai has a one year low of $14.70 and a one year high of $45.08. The company has a 50-day simple moving average of $17.58 and a two-hundred day simple moving average of $21.49. The firm has a market capitalization of $2.42 billion, a PE ratio of -6.74 and a beta of 1.96.

C3.ai (NYSE:AI) last issued its quarterly earnings data on Wednesday, September 3rd. The company reported ($0.86) EPS for the quarter, missing the consensus estimate of ($0.21) by ($0.65). C3.ai had a negative return on equity of 40.69% and a negative net margin of 92.08%.The company had revenue of $70.26 million during the quarter, compared to analysts’ expectations of $104.02 million. During the same quarter last year, the business earned ($0.05) earnings per share. The business’s quarterly revenue was down 19.4% on a year-over-year basis. C3.ai has set its Q2 2026 guidance at EPS. Analysts expect that C3.ai will post -2.44 EPS for the current fiscal year.

Insiders Place Their Bets

In other C3.ai news, Chairman Thomas M. Siebel sold 554,802 shares of C3.ai stock in a transaction that occurred on Tuesday, October 14th. The shares were sold at an average price of $18.82, for a total value of $10,441,373.64. Following the completion of the sale, the chairman owned 1,955,300 shares of the company’s stock, valued at approximately $36,798,746. The trade was a 22.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Robert David Schilling sold 470,420 shares of C3.ai stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $17.29, for a total transaction of $8,133,561.80. Following the completion of the sale, the executive vice president directly owned 1,011,327 shares of the company’s stock, valued at approximately $17,485,843.83. This trade represents a 31.75% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 2,661,106 shares of company stock valued at $48,255,922. Company insiders own 26.50% of the company’s stock.

Institutional Investors Weigh In On C3.ai

A number of large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its stake in shares of C3.ai by 3.6% during the 1st quarter. Vanguard Group Inc. now owns 13,407,490 shares of the company’s stock worth $282,228,000 after acquiring an additional 471,521 shares during the last quarter. State Street Corp boosted its stake in shares of C3.ai by 4.3% during the 2nd quarter. State Street Corp now owns 2,826,249 shares of the company’s stock worth $69,441,000 after acquiring an additional 116,611 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of C3.ai by 5.9% during the 2nd quarter. Geode Capital Management LLC now owns 2,813,233 shares of the company’s stock worth $69,129,000 after acquiring an additional 156,925 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of C3.ai by 2.6% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,214,190 shares of the company’s stock worth $54,401,000 after acquiring an additional 56,887 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of C3.ai by 3.4% during the 1st quarter. Bank of New York Mellon Corp now owns 719,259 shares of the company’s stock worth $15,140,000 after acquiring an additional 23,366 shares during the last quarter. Institutional investors own 38.96% of the company’s stock.

About C3.ai

C3.ai, Inc operates as an enterprise artificial intelligence (AI) software company in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company provides C3 AI platform, an application development and runtime environment that enables customers to design, develop, and deploy enterprise AI applications; C3 AI Ex Machina for analysis-ready data; C3 AI CRM, an industry specific customer relationship management solution; and C3 Generative AI Product Suite that enables to locate, retrieve, and present information.