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S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Global shares mostly rise after House approves debt ceiling deal
Pentagon Consultant—Here's how Biden Wins Landslide Re-election (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Global shares mostly rise after House approves debt ceiling deal
Pentagon Consultant—Here's how Biden Wins Landslide Re-election (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Global shares mostly rise after House approves debt ceiling deal
Pentagon Consultant—Here's how Biden Wins Landslide Re-election (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?

C3.ai (AI) Stock Forecast, Price & News

$40.01
-3.94 (-8.96%)
(As of 05/31/2023 ET)
Compare
Today's Range
$38.01
$42.14
50-Day Range
$17.24
$43.85
52-Week Range
$10.16
$44.02
Volume
72.01 million shs
Average Volume
22.65 million shs
Market Capitalization
$4.49 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$20.00

C3.ai MarketRank™ Forecast

Analyst Rating
Hold
1.90 Rating Score
Upside/​Downside
50.0% Downside
$20.00 Price Target
Short Interest
Healthy
28.98% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.64
Upright™ Environmental Score
News Sentiment
0.28mentions of C3.ai in the last 14 days
Based on 57 Articles This Week
Insider Trading
Selling Shares
$1.67 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($2.49) to ($2.16) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.06 out of 5 stars

Computer And Technology Sector

407th out of 621 stocks

Prepackaged Software Industry

128th out of 219 stocks


AI stock logo

About C3.ai (NYSE:AI) Stock

C3.ai is a leading enterprise software company that offers artificial intelligence (AI) solutions to help organizations optimize their operations and improve decision-making. The company was founded in 2009 by Thomas Siebel, a renowned technology entrepreneur and is headquartered in Redwood City, California. C3.ai provides software-as-a-service (SaaS) applications designed to help companies across various industries, including manufacturing, healthcare, energy and financial services, harness the power of AI and machine learning to drive digital transformation.

C3.ai has a strong leadership team focused on driving innovation and growth. The company's CEO is Thomas Siebel, who has over 40 years of experience in the technology industry and has been recognized as a pioneer in enterprise software. Other key members of the management team include Edward Abbo, President and CTO, who has over 25 years of experience in the software industry and Houman Behzadi, Chief Product Officer, who has over 20 years of experience in software development and engineering.

C3.ai went public in December 2020, raising $651 million in its IPO. C3.ai has experienced flat revenue growth over the past few years. C3.ai has maintained a fair profit margin, with a net income close to or exceeding expenses. This has allowed the company to maintain a debt-to-equity ratio of close to 0.00. Overall, C3.ai's valuation metrics suggest that the market has high expectations for the company's future growth potential.

C3.ai operates in the AI software market, which is expected to continue to grow at a rapid pace in the coming years. The global AI software market is projected to grow from $22.6 billion in 2020 to $126.0 billion by 2025 at a compound annual growth rate (CAGR) of 41.2% during the forecast period. C3.ai competes with other AI software companies, such as IBM, Microsoft and Google, but the market is still relatively fragmented, providing significant growth opportunities.

C3.ai has several potential growth opportunities in the coming years. One key area of focus is the healthcare industry, where the company's AI solutions can help providers improve patient outcomes and reduce costs. C3.ai has also been expanding into new geographic markets, such as Europe and Asia, which provide significant growth opportunities. In addition, the company has been investing in research and development to enhance its AI technology and develop new applications.

Another potential growth opportunity for C3.ai is in the energy industry. The company has partnered with several energy companies, including Shell and Enel, to help them improve their operations and reduce their carbon emissions using AI. As the world continues to focus on reducing greenhouse gas emissions, C3.ai's solutions could be in high demand.

C3.ai has been exploring potential acquisitions to expand its offerings and reach new markets. While C3.ai has significant growth opportunities, the company also faces several risks and challenges. One of the biggest challenges is competition from other AI software companies, IBM, Microsoft and Google. These companies have resources and could outcompete C3.ai in specific markets.

C3.ai also operates in a highly regulated industry, which could challenge compliance with data privacy and security regulations. The company must ensure its solutions comply with regulations such as the European Union's General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA).

In addition, the AI industry is still relatively new, and there is a risk that AI technology may not live up to its hype or that the market may not grow as quickly as anticipated. If this were to happen, C3.ai's growth prospects could be limited.

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AI Stock News Headlines

MarketBeat Week in Review – 5/22 - 5/26 (AI)
The debt ceiling standoff and inflation continue to fight for investors’ attention as we head into what is historically a quieter period for the markets
C3.ai Executes a Rope-a-Dope Attack on Sleeping Bears
Enterprise artificial intelligence (AI) software provider C3.ai Inc. (NASDAQ: AI) surprised investors by raising its fiscal Q4 2023 earnings two weeks before
“Amazon Loophole” could hand you $28,544 in “royalty” payouts
Thanks to a little-known IRS loophole… Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the “Amazon secret royalty program…” See how to collect the next payout before the strict cutoff deadline.
C3.ai Sees Unusually Large Options Volume (NYSE:AI)
Brokerages Set C3.ai, Inc. (NYSE:AI) PT at $20.00
How A.I. Could Make Most 21st Century Diseases EXTINCT
On December 22, 2022, AI discovered a new treatment for multiple myeloma... in just 4 months... On March 19, 2023, AI discovered a new drug for liver cancer... in only 30 days... There's one small-cap at the center of it all. Bill Gates owns 7 million shares... Billionaire hedge-fund manager Steve Cohen owns 1.4 million shares...
Why Is C3.ai (AI) Stock Down11% Today?
This AI Stock Has Dwarfed Nvidia (NASDAQ:NVDA) with its Returns
C3.ai (AI) Stock Trades Up, Here Is Why
C3.ai Q4 2023 Earnings Preview
11 Best AI ETFs to Invest In 2023
AI Stock Alert: Why Is C3.ai Up 22% Today?
C3 Generative AI Now Available on AWS Marketplace
See More Headlines
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AI Company Calendar

Last Earnings
3/02/2023
Today
5/31/2023
Next Earnings (Confirmed)
5/31/2023
Fiscal Year End
4/30/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Systems Software
CUSIP
04135620
Fax
N/A
Employees
574
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$20.00
High Stock Price Forecast
$30.00
Low Stock Price Forecast
$12.00
Forecasted Upside/Downside
-50.0%
Consensus Rating
Hold
Rating Score (0-4)
1.90
Research Coverage
10 Analysts

Profitability

Net Income
$-192,070,000.00
Pretax Margin
-98.10%

Debt

Sales & Book Value

Annual Sales
$252.76 million
Book Value
$9.31 per share

Miscellaneous

Free Float
69,480,000
Market Cap
$4.49 billion
Optionable
Optionable
Beta
1.55

Key Executives

  • Mr. Thomas M. SiebelMr. Thomas M. Siebel (Age 69)
    Founder, CEO & Chairman
    Comp: $2.16M
  • Mr. Edward Y. AbboMr. Edward Y. Abbo (Age 57)
    Pres & CTO
    Comp: $1.05M
  • Mr. Houman BehzadiMr. Houman Behzadi (Age 44)
    Pres & Chief Product Officer
    Comp: $751.65k
  • Mr. Juho Parkkinen (Age 37)
    Sr. VP & CFO
    Comp: $435.82k
  • Mr. Paul A. Phillips
    VP of Investor Relations
  • Mr. Julien Groues
    Sr. VP of European, Middle Eastern and African Sales
  • Mr. Scott Weber (Age 58)
    Sr. VP & GM of AI Federal Systems
  • Lieutenant General Edward Cardon
    Member of Advisory Board and Chair of AI Federal Systems
  • Major General Martin F. Klein
    Sr. VP for Defense & Intelligence













AI Stock - Frequently Asked Questions

Should I buy or sell C3.ai stock right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for C3.ai in the last year. There are currently 3 sell ratings, 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" AI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AI, but not buy additional shares or sell existing shares.
View AI analyst ratings
or view top-rated stocks.

What is C3.ai's stock price forecast for 2023?

10 Wall Street analysts have issued twelve-month price objectives for C3.ai's shares. Their AI share price forecasts range from $12.00 to $30.00. On average, they expect the company's share price to reach $20.00 in the next twelve months. This suggests that the stock has a possible downside of 50.0%.
View analysts price targets for AI
or view top-rated stocks among Wall Street analysts.

How have AI shares performed in 2023?

C3.ai's stock was trading at $11.19 at the beginning of 2023. Since then, AI stock has increased by 257.6% and is now trading at $40.01.
View the best growth stocks for 2023 here
.

Are investors shorting C3.ai?

C3.ai saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 26,240,000 shares, a drop of 9.3% from the April 30th total of 28,940,000 shares. Based on an average daily trading volume, of 21,020,000 shares, the days-to-cover ratio is presently 1.2 days. Approximately 29.0% of the company's stock are short sold.
View C3.ai's Short Interest
.

When is C3.ai's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 31st 2023.
View our AI earnings forecast
.

How were C3.ai's earnings last quarter?

C3.ai, Inc. (NYSE:AI) announced its quarterly earnings data on Thursday, March, 2nd. The company reported ($0.57) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.69) by $0.12. The business earned $66.67 million during the quarter, compared to analysts' expectations of $63.89 million. C3.ai had a negative trailing twelve-month return on equity of 27.12% and a negative net margin of 98.35%.

What guidance has C3.ai issued on next quarter's earnings?

C3.ai issued an update on its fourth quarter 2023 earnings guidance on Friday, May, 26th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $72.10 million-$72.40 million, compared to the consensus revenue estimate of $71.05 million.

When did C3.ai IPO?

(AI) raised $504 million in an IPO on Wednesday, December 9th 2020. The company issued 15,500,000 shares at a price of $31.00-$34.00 per share. Morgan Stanley, J.P. Morgan and BofA Securities acted as the underwriters for the IPO and Deutsche Bank Securities was co-manager.

What is C3.ai's stock symbol?

C3.ai trades on the New York Stock Exchange (NYSE) under the ticker symbol "AI."

Who are C3.ai's major shareholders?

C3.ai's stock is owned by a variety of institutional and retail investors. Top institutional investors include Baker Hughes Holdings LLC (6.17%), BlackRock Inc. (4.28%), State Street Corp (1.52%), Two Sigma Investments LP (1.28%), Geode Capital Management LLC (1.23%) and Susquehanna International Group LLP (0.00%). Insiders that own company stock include Baker Hughes Holdings Llc, Brady Mickelsen, Bruce A Cleveland, Condoleezza Rice, David Barter, David M Obstler, Edward Y Abbo, Group Holdings (Sbs) Advis Tpg, Houman Behzadi, J Rock Tonkel Jr, Juho Parkkinen, Michael G Mccaffery, Patricia A House, Patricia A House, Richard C Levin, Richard Ernst Konzmann, Shankar Sastry, Siebel Living Trust U/A/D 7/27, Stephen M Ward Jr, Stephen M Ward, Jr and Thomas M Siebel.
View institutional ownership trends
.

How do I buy shares of C3.ai?

Shares of AI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is C3.ai's stock price today?

One share of AI stock can currently be purchased for approximately $40.01.

How much money does C3.ai make?

C3.ai (NYSE:AI) has a market capitalization of $4.49 billion and generates $252.76 million in revenue each year. The company earns $-192,070,000.00 in net income (profit) each year or ($2.42) on an earnings per share basis.

How many employees does C3.ai have?

The company employs 574 workers across the globe.

How can I contact C3.ai?

C3.ai's mailing address is 6862 ELM STREET SUITE 320, MCLEAN VA, 22101. The official website for the company is www.C3.ai. The company can be reached via phone at 650-503-2200 or via email at ir@c3.ai.

This page (NYSE:AI) was last updated on 6/1/2023 by MarketBeat.com Staff

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