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NYSE:AI

C3.ai - AI Stock Forecast, Price & News

$22.81
+0.48 (+2.15%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$22.08
$22.98
50-Day Range
$15.89
$22.81
52-Week Range
$13.37
$55.58
Volume
1.42 million shs
Average Volume
1.62 million shs
Market Capitalization
$2.44 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$18.31

C3.ai MarketRank™ Forecast

Analyst Rating
Hold
1.89 Rating Score
Upside/​Downside
19.7% Downside
$18.31 Price Target
Short Interest
Bearish
15.93% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.64
Upright™ Environmental Score
News Sentiment
0.42mentions of C3.ai in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$79,912 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($2.09) to ($1.79) Per Share

Overall MarketRank

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

1.51 out of 5 stars

Computer And Technology Sector

607th out of 659 stocks

Prepackaged Software Industry

210th out of 230 stocks

AI stock logo

About C3.ai (NYSE:AI) Stock

C3.ai, Inc. operates as an enterprise artificial intelligence (AI) software company. The company provides software-as-a-service applications for enterprises. Its software solutions include C3 AI Suite, a platform-as-a-service application development and runtime environment that enables customers to design, develop, and deploy enterprise AI applications; and C3 AI Applications, which include industry-specific and application-specific turnkey AI solutions. Its C3 AI applications include C3 AI Inventory Optimization, a solution to optimize raw material, in-process, and finished goods inventory levels; C3 AI Supply Network Risk, which provides visibility into risks of disruption throughout the supply chain operations for enterprise supply chain managers; C3 AI Customer Churn Management, which enables account executives and relationship managers to monitor customer satisfaction using transactional, behavioral, and contextual information, as well as to take action to prevent customer churn with AI-based and human-interpretable predictions and warning; C3 AI Production Schedule Optimization, a solution for scheduling production; C3 AI Predictive Maintenance, which provides insight into asset risk to maintenance planners and equipment operators; C3 AI Fraud Detection solution; and C3 AI Energy Management solution. The company also offers integrated turnkey enterprise AI applications for various market segments, including oil and gas, chemicals, utilities, manufacturing, retail, banking, financial services, intelligence, aerospace and defense, healthcare, telecommunications, pharmaceuticals, smart cities, transportation, and others. C3.ai, Inc. serves customers primarily in Europe, Asia, and the United States. It has strategic partnerships with Baker Hughes in the areas of oil and gas market; FIS in the areas of financial services market; Raytheon in the areas of the U.S. defense and intelligence communities; and Microsoft and Adobe in the areas of customer relationship management. The company was formerly known as C3 IoT, Inc. and changed its name to C3.ai, Inc. in June 2019. C3.ai, Inc. was founded in 2009 and is headquartered in Redwood City, California.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Canaccord Genuity Group lowered their price objective on shares of C3.ai from $23.00 to $19.00 in a research report on Thursday, June 2nd. JMP Securities decreased their price objective on shares of C3.ai from $59.00 to $28.00 and set a "market outperform" rating on the stock in a report on Thursday, June 2nd. StockNews.com upgraded shares of C3.ai to a "sell" rating in a research report on Friday, June 3rd. Piper Sandler lifted their price target on shares of C3.ai from $15.00 to $18.00 and gave the company a "neutral" rating in a research report on Monday, July 18th. Finally, Wedbush dropped their price objective on shares of C3.ai to $13.00 in a report on Friday, June 3rd. Four research analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, C3.ai currently has an average rating of "Hold" and a consensus price target of $20.06.

C3.ai Stock Performance

AI traded up $0.45 during trading on Friday, reaching $22.78. The company had a trading volume of 47,027 shares, compared to its average volume of 1,608,604. The firm's 50-day simple moving average is $19.11 and its 200 day simple moving average is $20.11. The company has a market cap of $2.44 billion, a price-to-earnings ratio of -12.03 and a beta of 0.49. C3.ai has a 12-month low of $13.37 and a 12-month high of $55.58.

C3.ai (NYSE:AI - Get Rating) last announced its quarterly earnings data on Wednesday, June 1st. The company reported ($0.55) EPS for the quarter, topping analysts' consensus estimates of ($0.58) by $0.03. The firm had revenue of $72.32 million during the quarter, compared to analyst estimates of $71.28 million. C3.ai had a negative return on equity of 14.11% and a negative net margin of 75.99%. The business's quarterly revenue was up 38.3% compared to the same quarter last year. During the same period last year, the company posted ($0.24) EPS. On average, sell-side analysts expect that C3.ai will post -2.09 EPS for the current year.

Insider Activity at C3.ai

In other C3.ai news, CFO Juho Parkkinen sold 2,120 shares of C3.ai stock in a transaction that occurred on Monday, August 1st. The stock was sold at an average price of $18.19, for a total value of $38,562.80. Following the transaction, the chief financial officer now directly owns 363,926 shares of the company's stock, valued at approximately $6,619,813.94. The sale was disclosed in a document filed with the SEC, which is accessible through this link. In the last ninety days, insiders have sold 4,390 shares of company stock valued at $79,912. Corporate insiders own 52.65% of the company's stock.

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AI Stock News Headlines

MarketBeat: Week in Review 7/25 – 7/29 (AI)
The markets are rallying as big tech earnings are lifting investors' spirits. Here are some of the stocks our analysts were looking at this week.
C3.AI Stock is a Bargain Enterprise Artificial Intelligence Game Changer
Enterprise artificial intelligence application software company C3.AI (NYSE: AI) stock has been crushed (-42%) for the year.
Snowflake Stock May Have Stopped Falling (AI)
Data Cloud provider Snowflake (NASDAQ: SNOW) stock has tanked (-57%) on the year. The enterprise data warehouse systems provider enables analytics and reporting to generate business intelligence
C3.ai, Inc. (NYSE:AI) CFO Sells $38,562.80 in Stock
3 Green Flags for C3.ai's Future
7 Best AI Stocks to Buy Now - Nasdaq
Piper Sandler Boosts C3.ai (NYSE:AI) Price Target to $18.00
Why C3.ai Crashed 42% in the First Half of 2022
See More Headlines
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AI Company Calendar

Last Earnings
6/01/2022
Today
8/13/2022
Next Earnings (Confirmed)
8/31/2022
Fiscal Year End
4/30/2023

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
$18.31
High Stock Price Forecast
$28.00
Low Stock Price Forecast
$13.00
Forecasted Upside/Downside
-19.7%
Consensus Rating
Hold
Rating Score (0-4)
1.89
Research Coverage
9 Analysts

Profitability

Net Income
$-192,070,000.00
Pretax Margin
-75.68%

Debt

Sales & Book Value

Annual Sales
$252.76 million
Book Value
$9.31 per share

Miscellaneous

Free Float
50,736,000
Market Cap
$2.44 billion
Optionable
Optionable
Beta
0.49














AI Stock - Frequently Asked Questions

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

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for C3.ai in the last year. There are currently 3 sell ratings, 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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 2022?

9 equities research analysts have issued twelve-month target prices for C3.ai's stock. Their AI share price forecasts range from $13.00 to $28.00. On average, they predict the company's stock price to reach $18.31 in the next twelve months. This suggests that the stock has a possible downside of 19.7%.
View analysts price targets for AI
or view top-rated stocks among Wall Street analysts.

How have AI shares performed in 2022?

C3.ai's stock was trading at $31.25 at the beginning of 2022. Since then, AI stock has decreased by 27.0% and is now trading at $22.81.
View the best growth stocks for 2022 here
.

When is C3.ai's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 31st 2022.
View our AI earnings forecast
.

How can I listen to C3.ai's earnings call?

C3.ai will be holding an earnings conference call on Wednesday, August 31st at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were C3.ai's earnings last quarter?

C3.ai, Inc. (NYSE:AI) issued its quarterly earnings results on Wednesday, June, 1st. The company reported ($0.55) earnings per share for the quarter, topping analysts' consensus estimates of ($0.58) by $0.03. The firm had revenue of $72.32 million for the quarter, compared to analyst estimates of $71.28 million. C3.ai had a negative trailing twelve-month return on equity of 14.11% and a negative net margin of 75.99%. The company's quarterly revenue was up 38.3% on a year-over-year basis. During the same quarter last year, the company posted ($0.24) earnings per share.

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

C3.ai issued an update on its first quarter 2023 earnings guidance on Wednesday, June, 29th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $65.00 million-$67.00 million, compared to the consensus revenue estimate of $74.44 million.

When did C3.ai IPO?

(AI) raised $504 million in an initial public offering 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 number of institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (2.54%), FMR LLC (1.69%), Mirae Asset Global Investments Co. Ltd. (1.15%), Northern Trust Corp (0.59%), UBS Group AG (0.19%) and Perigon Wealth Management LLC (0.18%). 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 $22.81.

How much money does C3.ai make?

C3.ai (NYSE:AI) has a market capitalization of $2.44 billion and generates $252.76 million in revenue each year. The company earns $-192,070,000.00 in net income (profit) each year or ($1.86) 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 8/13/2022 by MarketBeat.com Staff

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