C3.ai (NYSE:AI) Trading 3.3% Higher - Time to Buy?

Key Points

• C3.ai's stock price rose by 3.3% to $18.44, with a trading volume decrease of 51% compared to its average session volume.
• Analysts' ratings for C3.ai are mixed, with six sell ratings, eight hold ratings, and two buy ratings, while the average target price is $27.43.
• The company reported a quarterly revenue of $108.72 million, a 25.5% increase year-over-year, although it continues to experience a negative net margin and return on equity.

C3.ai, Inc. (NYSE:AI - Get Free Report)'s share price traded up 3.3% during mid-day trading on Monday . The company traded as high as $18.47 and last traded at $18.44. 2,953,832 shares traded hands during trading, a decline of 51% from the average session volume of 6,028,944 shares. The stock had previously closed at $17.85.

Analyst Ratings Changes

AI has been the subject of several analyst reports. Oppenheimer reiterated a "market perform" rating on shares of C3.ai in a research report on Tuesday, August 12th. Piper Sandler lowered their target price on shares of C3.ai from $28.00 to $27.00 and set a "neutral" rating for the company in a report on Thursday, May 29th. JPMorgan Chase & Co. cut their price target on C3.ai from $27.00 to $23.00 and set an "underweight" rating on the stock in a research note on Thursday, May 29th. Canaccord Genuity Group reduced their price target on C3.ai from $30.00 to $28.00 and set a "hold" rating on the stock in a research report on Thursday, May 29th. Finally, UBS Group dropped their price objective on C3.ai from $28.00 to $27.00 and set a "neutral" rating for the company in a report on Thursday, June 26th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, eight have assigned a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Reduce" and a consensus target price of $27.43.

C3.ai Stock Up 3.7%

The firm has a market capitalization of $2.35 billion, a price-to-earnings ratio of -7.81 and a beta of 1.98. The business's fifty day moving average is $23.84 and its 200 day moving average is $23.92.

C3.ai (NYSE:AI - Get Free Report) last posted its quarterly earnings data 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. C3.ai had a negative return on equity of 33.51% and a negative net margin of 74.21%.The business had revenue of $108.72 million during the quarter, compared to the consensus estimate of $107.85 million. During the same period last year, the company earned ($0.11) earnings per share. C3.ai's quarterly revenue was up 25.5% on a year-over-year basis. C3.ai has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. Equities research analysts expect that C3.ai, Inc. will post -2.44 EPS for the current year.

Insider Buying and Selling at C3.ai

In other C3.ai news, CFO Hitesh Lath sold 17,689 shares of the business's stock in a transaction dated Friday, June 27th. The shares were sold at an average price of $24.96, for a total transaction of $441,517.44. Following the sale, the chief financial officer directly owned 166,218 shares of the company's stock, valued at $4,148,801.28. The trade was a 9.62% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, VP Merel Witteveen sold 5,485 shares of the firm's stock in a transaction dated Monday, June 16th. The shares were sold at an average price of $23.95, for a total value of $131,365.75. Following the completion of the transaction, the vice president owned 13,740 shares of the company's stock, valued at $329,073. The trade was a 28.53% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 2,257,074 shares of company stock worth $53,260,950. Company insiders own 33.54% of the company's stock.

Institutional Investors Weigh In On C3.ai

Large investors have recently made changes to their positions in the stock. Marex Group plc bought a new position in shares of C3.ai in the second quarter valued at $250,000. Advisory Services Network LLC lifted its stake in C3.ai by 9.0% in the second quarter. Advisory Services Network LLC now owns 82,569 shares of the company's stock valued at $1,945,000 after acquiring an additional 6,823 shares during the last quarter. Headlands Technologies LLC bought a new position in shares of C3.ai in the 2nd quarter valued at about $256,000. Tower Research Capital LLC TRC increased its stake in shares of C3.ai by 601.2% during the 2nd quarter. Tower Research Capital LLC TRC now owns 21,794 shares of the company's stock worth $535,000 after purchasing an additional 18,686 shares during the last quarter. Finally, Holocene Advisors LP increased its stake in shares of C3.ai by 84.4% during the 2nd quarter. Holocene Advisors LP now owns 110,877 shares of the company's stock worth $2,724,000 after purchasing an additional 50,758 shares during the last quarter. Institutional investors and hedge funds 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.