UBS Group Raises C3.ai (NYSE:AI) Price Target to $17.00

C3.ai (NYSE:AI) had its price target raised by equities researchers at UBS Group from $16.00 to $17.00 in a research report issued on Friday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. UBS Group’s price objective would suggest a potential upside of 3.35% from the stock’s previous close.

AI has been the subject of several other research reports. KeyCorp cut their target price on C3.ai from $18.00 to $10.00 and set an “underweight” rating for the company in a research note on Thursday, September 4th. Morgan Stanley cut their target price on C3.ai from $22.00 to $11.00 and set an “underweight” rating for the company in a research note on Tuesday, September 9th. DA Davidson restated an “underperform” rating and issued a $13.00 target price (down previously from $25.00) on shares of C3.ai in a research note on Monday, August 11th. Westpark Capital upgraded C3.ai to a “strong-buy” rating and set a $40.00 target price for the company in a research note on Wednesday, July 9th. Finally, Wall Street Zen downgraded C3.ai from a “hold” rating to a “sell” rating in a research note on Saturday, August 16th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, seven have assigned a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, C3.ai currently has a consensus rating of “Reduce” and an average price target of $22.09.

C3.ai Stock Performance

AI stock opened at $16.45 on Friday. The company has a market capitalization of $2.21 billion, a price-to-earnings ratio of -6.33 and a beta of 1.96. C3.ai has a fifty-two week low of $14.70 and a fifty-two week high of $45.08. The stock has a fifty day moving average of $21.31 and a 200-day moving average of $22.23.

C3.ai (NYSE:AI) last posted its quarterly earnings results on Wednesday, September 3rd. The company reported ($0.86) earnings per share for the quarter, missing the consensus estimate of ($0.21) by ($0.65). The firm had revenue of $70.26 million for the quarter, compared to the consensus estimate of $104.02 million. C3.ai had a negative return on equity of 40.69% and a negative net margin of 92.08%.The firm’s revenue was down 19.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.05) EPS. C3.ai has set its Q2 2026 guidance at EPS. Equities analysts predict that C3.ai will post -2.44 EPS for the current year.

Insider Buying and Selling at C3.ai

In other C3.ai news, VP Merel Witteveen sold 5,485 shares of the firm’s stock in a transaction dated Monday, June 16th. The stock was sold at an average price of $23.95, for a total value of $131,365.75. Following the sale, the vice president owned 13,740 shares of the company’s stock, valued at $329,073. This trade represents a 28.53% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Chairman Thomas M. Siebel sold 17,200 shares of the firm’s stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $16.49, for a total value of $283,628.00. Following the completion of the sale, the chairman directly owned 15,536 shares in the company, valued at approximately $256,188.64. The trade was a 52.54% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 1,549,560 shares of company stock valued at $35,193,771 in the last 90 days. Corporate insiders own 26.50% of the company’s stock.

Institutional Trading of C3.ai

Several institutional investors and hedge funds have recently modified their holdings of AI. Zweig DiMenna Associates LLC purchased a new position in shares of C3.ai during the 1st quarter valued at about $274,000. Liontrust Investment Partners LLP raised its holdings in shares of C3.ai by 203.2% during the 1st quarter. Liontrust Investment Partners LLP now owns 144,288 shares of the company’s stock valued at $3,037,000 after buying an additional 96,695 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of C3.ai during the 1st quarter valued at about $668,000. Banque Cantonale Vaudoise purchased a new position in shares of C3.ai during the 1st quarter valued at about $390,000. Finally, GAMMA Investing LLC raised its holdings in shares of C3.ai by 4,846.5% during the 1st quarter. GAMMA Investing LLC now owns 12,020 shares of the company’s stock valued at $253,000 after buying an additional 11,777 shares in the last quarter. Hedge funds and other institutional investors 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.