Shares of C3.ai, Inc. (NYSE:AI – Get Free Report) saw an uptick in trading volume on Thursday after the company announced better than expected quarterly earnings. 3,883,152 shares were traded during mid-day trading, a decline of 38% from the previous session’s volume of 6,245,976 shares.The stock last traded at $10.8650 and had previously closed at $10.71.
The company reported ($0.33) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.38) by $0.05. The company had revenue of $51.60 million during the quarter, compared to the consensus estimate of $51.60 million. C3.ai had a negative net margin of 141.35% and a negative return on equity of 55.40%. The firm’s quarterly revenue was down 52.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.16) EPS.
Key C3.ai News
Here are the key news stories impacting C3.ai this week:
- Positive Sentiment: C3.ai beat earnings expectations, posting a smaller-than-expected loss of $0.33 per share versus the $0.38 loss analysts expected, which helped lift sentiment. C3.ai Inc (AI) Q4 2026 Earnings Call Highlights: Navigating Challenges and Strategic Restructuring
- Positive Sentiment: Revenue of $51.6 million matched expectations, and management’s Q1 fiscal 2027 guidance of $50 million to $54 million and full-year FY2027 guidance of $210 million to $240 million were roughly in line with or slightly above consensus. C3 AI Announces Fiscal Fourth Quarter and Full Fiscal Year 2026 Results
- Positive Sentiment: Investors also appeared encouraged by turnaround efforts, including restructuring, cost-cutting plans, and founder Tom Siebel’s return as CEO alongside a reported $69 million cash injection. AI Stock Jumps 3% After-Hours — Founder Siebel Returns As CEO With $69M Cash Injection
- Neutral Sentiment: Citizens JMP reaffirmed its “market perform” rating, while Needham reiterated a “hold,” suggesting analysts remain cautious despite the earnings pop. Benzinga
- Neutral Sentiment: Separately, CEO Thomas Siebel sold 17,350 shares, but the filing said the sale was for tax withholding tied to equity vesting, which limits the bearish read-through. Thomas Siebel Sells 17,350 Shares of C3.ai (NYSE:AI) Stock
- Negative Sentiment: The main concern remains the operating trend: quarterly revenue fell 52.5% year over year, showing that C3.ai is still struggling to stabilize growth. AI Q1 Deep Dive: Major Turnaround Plan and Restructuring After Revenue Decline
Wall Street Analyst Weigh In
Read Our Latest Stock Analysis on AI
Insider Transactions at C3.ai
In other C3.ai news, CFO Hitesh Lath sold 15,248 shares of the company’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $8.98, for a total value of $136,927.04. Following the sale, the chief financial officer owned 238,308 shares in the company, valued at approximately $2,140,005.84. The trade was a 6.01% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Stephen Bradley Ehikian sold 52,194 shares of the stock in a transaction dated 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 sale, the chief executive officer directly owned 721,485 shares of the company’s stock, valued at approximately $5,930,606.70. The trade was a 6.75% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 1,610,039 shares of company stock worth $13,935,574. Insiders own 26.50% of the company’s stock.
Hedge Funds Weigh In On C3.ai
A number of hedge funds and other institutional investors have recently made changes to their positions in AI. Western Wealth Management LLC bought a new stake in C3.ai in the first quarter valued at approximately $26,000. Bank of America Corp DE raised its holdings in C3.ai by 55.1% during the 1st quarter. Bank of America Corp DE now owns 3,282,183 shares of the company’s stock worth $27,636,000 after purchasing an additional 1,166,302 shares during the last quarter. Edgestream Partners L.P. raised its holdings in C3.ai by 247.5% during the 1st quarter. Edgestream Partners L.P. now owns 658,573 shares of the company’s stock worth $5,545,000 after purchasing an additional 469,057 shares during the last quarter. California State Teachers Retirement System increased its position in shares of C3.ai by 39.0% during the first quarter. California State Teachers Retirement System now owns 168,943 shares of the company’s stock worth $1,422,000 after buying an additional 47,391 shares during the period. Finally, Royal Bank of Canada increased its position in shares of C3.ai by 418.7% during the first quarter. Royal Bank of Canada now owns 177,527 shares of the company’s stock worth $1,495,000 after buying an additional 143,303 shares during the period. 38.96% of the stock is owned by institutional investors and hedge funds.
C3.ai Stock Down 0.7%
The stock’s 50-day simple moving average is $9.10 and its 200 day simple moving average is $11.16. The firm has a market cap of $1.55 billion, a P/E ratio of -3.41 and a beta of 2.04.
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.
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