C3.ai’s (AI) “Hold” Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group reissued their hold rating on shares of C3.ai (NYSE:AI) in a report issued on Thursday morning,Benzinga reports. They currently have a $10.00 target price on the stock.

A number of other brokerages also recently issued reports on AI. Wedbush reissued an “outperform” rating and set a $15.00 price objective on shares of C3.ai in a research report on Thursday, June 4th. Morgan Stanley increased their target price on shares of C3.ai from $6.00 to $7.00 and gave the stock an “underweight” rating in a research note on Thursday, June 4th. Citizens Jmp reiterated a “market perform” rating on shares of C3.ai in a research report on Thursday, June 4th. KeyCorp reiterated an “underweight” rating on shares of C3.ai in a research report on Thursday, June 4th. Finally, DA Davidson reissued an “underperform” rating and issued a $7.00 price target on shares of C3.ai in a research note on Tuesday, September 1st. One analyst has rated the stock with a Buy rating, four have assigned a Hold rating and seven have issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Reduce” and an average target price of $8.70.

C3.ai Stock Performance

AI opened at $10.45 on Thursday. The stock has a market capitalization of $1.62 billion, a PE ratio of -3.39 and a beta of 2.10. C3.ai has a one year low of $7.68 and a one year high of $20.22. The business’s 50 day moving average price is $9.55 and its 200 day moving average price is $9.43.

C3.ai (NYSE:AI) last posted its earnings results on Wednesday, September 2nd. The company reported ($0.20) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.26) by $0.06. C3.ai had a negative return on equity of 60.82% and a negative net margin of 192.10%.The company had revenue of $52.38 million during the quarter, compared to analysts’ expectations of $52.06 million. During the same quarter last year, the firm earned ($0.37) earnings per share. The firm’s quarterly revenue was down 25.4% compared to the same quarter last year. As a group, equities research analysts forecast that C3.ai will post -2.28 earnings per share for the current fiscal year.

Insider Activity at C3.ai

In other C3.ai news, CEO Thomas M. Siebel sold 16,890 shares of C3.ai stock in a transaction dated Wednesday, September 2nd. The stock was sold at an average price of $10.30, for a total value of $173,967.00. Following the completion of the transaction, the chief executive officer directly owned 738,208 shares of the company’s stock, valued at $7,603,542.40. The trade was a 2.24% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Hitesh Lath sold 20,000 shares of the business’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $10.00, for a total transaction of $200,000.00. Following the sale, the chief financial officer owned 363,106 shares in the company, valued at $3,631,060. This trade represents a 5.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 1,258,650 shares of company stock worth $13,258,862. 26.50% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. California State Teachers Retirement System lifted its holdings in C3.ai by 684.3% during the 2nd quarter. California State Teachers Retirement System now owns 1,325,022 shares of the company’s stock worth $12,044,000 after buying an additional 1,156,079 shares in the last quarter. AXQ Capital LP grew its stake in shares of C3.ai by 53.6% in the second quarter. AXQ Capital LP now owns 136,155 shares of the company’s stock worth $1,238,000 after acquiring an additional 47,494 shares in the last quarter. Nykredit A S purchased a new stake in shares of C3.ai during the second quarter worth $84,000. Headlands Technologies LLC purchased a new stake in shares of C3.ai during the second quarter worth $290,000. Finally, Handelsbanken Fonder AB boosted its holdings in C3.ai by 31.3% in the second quarter. Handelsbanken Fonder AB now owns 41,500 shares of the company’s stock valued at $377,000 after purchasing an additional 9,900 shares during the period. 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: Bookings surged 73% sequentially in fiscal Q1 2027, helped by sales-force restructuring and renewed demand. C3.ai signed 22 new customer agreements, including Ford and several U.S. government agencies, while federal-sector bookings rose 138% year over year. C3.ai Posts 73% Bookings Growth As Free Cash Flow Turns Positive
• Positive Sentiment: Free cash flow returned to positive territory, and the company retains approximately $650 million in cash. That liquidity gives C3.ai additional time to execute its turnaround and pursue enterprise and government opportunities.
• Positive Sentiment: C3.ai reported a quarterly loss of $0.20 per share, better than the expected $0.26 loss, while revenue of $52.38 million modestly exceeded estimates. Seeking Alpha upgraded the stock to Buy, citing stronger bookings and founder Thomas Siebel’s renewed leadership. C3.ai: Early Turnaround Signals Are Here
• Neutral Sentiment: CEO Thomas Siebel sold 16,890 shares worth about $174,000 to cover tax withholding tied to equity vesting. The sale reduced his direct ownership by 2.24%, but its stated purpose makes it a weaker bearish signal than a discretionary insider sale. C3.ai CEO Thomas Siebel Sells Shares
• Negative Sentiment: Revenue fell approximately 25% year over year to $52.4 million, and subscription revenue also declined. Management’s fiscal 2027 revenue outlook of $210 million to $240 million is broadly cautious, while quarterly revenue guidance of $53 million came in below analyst expectations. C3.ai Posts Sales In Line but Guidance Misses Expectations
• Negative Sentiment: Analyst opinion remains unfavorable: Canaccord reiterated Hold with a $10 target, Citizens JMP and Citigroup maintained Market Perform, while DA Davidson and UBS kept Underperform ratings. The reported consensus rating is Reduce, with an average target of $8.70.

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.