C3.ai, Inc. (NYSE:AI) Given Consensus Recommendation of "Reduce" by Brokerages

Key Points

• C3.ai, Inc. has received a consensus recommendation of "Reduce" from 14 brokerage firms, with five analysts rating the stock as a sell and only one issuing a strong buy.
• The stock's average target price has been significantly lowered, with Morgan Stanley cutting its price target from $22.00 to $11.00.
• Insider selling has been notable, with executives selling over 2.6 million shares in the last three months, indicating a 31.75% decrease in ownership for EVP Robert David Schilling alone.

Shares of C3.ai, Inc. (NYSE:AI - Get Free Report) have earned a consensus rating of "Reduce" from the fourteen ratings firms that are currently covering the stock, Marketbeat Ratings reports. Five investment analysts have rated the stock with a sell rating, seven have given a hold rating, one has assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $22.0909.

Several analysts have issued reports on AI shares. Morgan Stanley cut their target price on shares of C3.ai from $22.00 to $11.00 and set an "underweight" rating on the stock in a research note on Tuesday, September 9th. UBS Group boosted their target price on shares of C3.ai from $16.00 to $17.00 and gave the company a "neutral" rating in a research note on Friday, September 12th. KeyCorp cut their target price on shares of C3.ai from $18.00 to $10.00 and set an "underweight" rating on the stock in a research note on Thursday, September 4th. JMP Securities cut their target price on shares of C3.ai from $30.00 to $24.00 and set a "market outperform" rating on the stock in a research note on Thursday, September 4th. Finally, Oppenheimer reissued a "market perform" rating on shares of C3.ai in a research note on Tuesday, August 12th.

Insider Buying and Selling at C3.ai

In other news, EVP Robert David Schilling sold 470,420 shares of the company's stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $17.29, for a total value of $8,133,561.80. Following the transaction, the executive vice president directly owned 1,011,327 shares of the company's stock, valued at approximately $17,485,843.83. This represents a 31.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Hitesh Lath sold 46,881 shares of the company's stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $16.99, for a total transaction of $796,508.19. Following the completion of the transaction, the chief financial officer directly owned 209,154 shares in the company, valued at $3,553,526.46. This trade represents a 18.31% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 2,661,106 shares of company stock valued at $48,255,922 in the last three months. 26.50% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On C3.ai

A number of hedge funds have recently modified their holdings of AI. GAMMA Investing LLC increased its stake in shares of C3.ai by 4,846.5% in the first quarter. GAMMA Investing LLC now owns 12,020 shares of the company's stock worth $253,000 after acquiring an additional 11,777 shares during the last quarter. SG Americas Securities LLC increased its stake in shares of C3.ai by 41.0% in the first quarter. SG Americas Securities LLC now owns 15,073 shares of the company's stock worth $317,000 after acquiring an additional 4,381 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in shares of C3.ai by 10.1% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 17,812 shares of the company's stock worth $375,000 after acquiring an additional 1,632 shares during the last quarter. PFG Investments LLC increased its stake in shares of C3.ai by 10.1% in the first quarter. PFG Investments LLC now owns 25,645 shares of the company's stock worth $540,000 after acquiring an additional 2,355 shares during the last quarter. Finally, Garde Capital Inc. acquired a new position in shares of C3.ai in the first quarter worth $29,000. 38.96% of the stock is owned by institutional investors and hedge funds.

C3.ai Stock Performance

Shares of NYSE:AI opened at $17.70 on Monday. C3.ai has a one year low of $14.70 and a one year high of $45.08. The stock has a fifty day moving average of $17.53 and a 200-day moving average of $21.55. The company has a market capitalization of $2.44 billion, a PE ratio of -6.81 and a beta of 1.96.

C3.ai (NYSE:AI - Get Free Report) last announced its quarterly earnings data on Wednesday, September 3rd. The company reported ($0.86) EPS for the quarter, missing analysts' consensus estimates of ($0.21) by ($0.65). C3.ai had a negative net margin of 92.08% and a negative return on equity of 40.69%. The company had revenue of $70.26 million for the quarter, compared to analyst estimates of $104.02 million. During the same quarter last year, the company posted ($0.05) EPS. C3.ai's revenue was down 19.4% on a year-over-year basis. C3.ai has set its Q2 2026 guidance at EPS. As a group, research analysts forecast that C3.ai will post -2.44 EPS for the current fiscal year.

C3.ai Company Profile

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.

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