Analysts Offer Predictions for C3.ai's Q4 Earnings (NYSE:AI)

Key Points

• Analysts at Northland Capital Markets project C3.ai will report earnings of ($0.50) per share for Q4 2027, maintaining a "Hold" rating on the stock.
• C3.ai's stock recently traded at $17.47, with a market capitalization of $2.35 billion and a negative price-to-earnings ratio of -7.80.
• Institutional investors own 38.96% of C3.ai's stock, with notable recent activity, including a 100.7% increase in holdings by Russell Investments Group Ltd.

C3.ai, Inc. (NYSE:AI - Free Report) - Equities researchers at Northland Capmk issued their Q4 2027 earnings per share estimates for C3.ai in a report released on Monday, August 11th. Northland Capmk analyst M. Latimore anticipates that the company will earn ($0.50) per share for the quarter. Northland Capmk has a "Hold" rating on the stock. The consensus estimate for C3.ai's current full-year earnings is ($2.44) per share.

Several other equities research analysts have also recently weighed in on AI. JPMorgan Chase & Co. reduced their price objective on C3.ai from $27.00 to $23.00 and set an "underweight" rating for the company in a research report on Thursday, May 29th. UBS Group reduced their price objective on C3.ai from $28.00 to $27.00 and set a "neutral" rating for the company in a research report on Thursday, June 26th. Northland Securities cut C3.ai from an "outperform" rating to a "market perform" rating and set a $17.00 price objective for the company. in a research report on Tuesday. DA Davidson reissued an "underperform" rating and issued a $13.00 price objective (down from $25.00) on shares of C3.ai in a research report on Monday. Finally, Needham & Company LLC reissued a "hold" rating on shares of C3.ai in a research report on Monday. Five research analysts have rated the stock with a sell rating, nine have assigned a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $27.43.

C3.ai Trading Down 2.7%

C3.ai stock traded down $0.51 during trading hours on Wednesday, reaching $18.09. 3,897,871 shares of the company were exchanged, compared to its average volume of 5,979,862. C3.ai has a 12 month low of $14.70 and a 12 month high of $45.08. The firm has a market cap of $2.43 billion, a price-to-earnings ratio of -8.05 and a beta of 1.98. The stock has a 50-day moving average of $24.77 and a 200 day moving average of $24.51.

C3.ai (NYSE:AI - Get Free Report) last announced its earnings results on Wednesday, May 28th. The company reported ($0.16) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.20) by $0.04. The firm had revenue of $108.72 million during the quarter, compared to analysts' expectations of $107.85 million. C3.ai had a negative return on equity of 33.51% and a negative net margin of 74.21%. The company's revenue was up 25.5% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.11) earnings per share.

Insiders Place Their Bets

In related news, Director Richard C. Levin sold 36,000 shares of the company's stock in a transaction on Thursday, May 29th. The stock was sold at an average price of $28.17, for a total value of $1,014,120.00. Following the completion of the transaction, the director directly owned 161,664 shares in the company, valued at approximately $4,554,074.88. This represents a 18.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Stephen M. Ward, Jr. sold 42,382 shares of the stock in a transaction on Thursday, May 29th. The stock was sold at an average price of $26.32, for a total value of $1,115,494.24. Following the transaction, the director owned 546,495 shares of the company's stock, valued at $14,383,748.40. This represents a 7.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 1,685,115 shares of company stock valued at $43,700,880 in the last ninety days. 33.54% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. raised its stake in C3.ai by 3.6% during the first 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 in the last quarter. State Street Corp raised its stake in C3.ai by 4.3% during the second 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 in the last quarter. Geode Capital Management LLC raised its stake in C3.ai by 5.9% during the second 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 in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in C3.ai by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,157,303 shares of the company's stock worth $45,414,000 after acquiring an additional 91,923 shares in the last quarter. Finally, Two Sigma Investments LP acquired a new position in C3.ai during the fourth quarter worth $42,306,000. 38.96% of the stock is currently owned by institutional investors and hedge funds.

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.