Wedbush Cuts C3.ai (NYSE:AI) Price Target to $15.00

C3.ai (NYSE:AI) had its price objective reduced by Wedbush from $20.00 to $15.00 in a research note published on Thursday,Benzinga reports. They currently have an outperform rating on the stock.

A number of other equities analysts have also weighed in on AI. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of C3.ai in a research note on Wednesday, January 21st. Needham & Company LLC restated a “hold” rating on shares of C3.ai in a report on Thursday, December 4th. KeyCorp reduced their price objective on C3.ai from $10.00 to $6.00 and set an “underweight” rating for the company in a research report on Thursday. Citizens Jmp lowered C3.ai from an “outperform” rating to a “market perform” rating in a research report on Thursday. Finally, Bank of America set a $10.00 price target on C3.ai in a research report on Friday, January 30th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, seven have assigned a Hold rating and six have given a Sell rating to the stock. Based on data from MarketBeat.com, C3.ai currently has a consensus rating of “Reduce” and an average price target of $15.87.

C3.ai Stock Performance

NYSE AI opened at $7.93 on Thursday. The stock has a market cap of $1.12 billion, a price-to-earnings ratio of -2.52 and a beta of 1.98. The business has a 50 day simple moving average of $12.23 and a 200 day simple moving average of $15.03. C3.ai has a 52-week low of $7.73 and a 52-week high of $30.24.

C3.ai (NYSE:AI) last announced its quarterly earnings results on Wednesday, February 25th. The company reported ($0.40) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.29) by ($0.11). C3.ai had a negative net margin of 141.35% and a negative return on equity of 53.96%. The company had revenue of $53.26 million during the quarter, compared to the consensus estimate of $75.91 million. During the same period in the previous year, the firm posted ($0.12) EPS. The business’s quarterly revenue was down 46.1% compared to the same quarter last year. On average, analysts predict that C3.ai will post -2.44 EPS for the current year.

Insider Buying and Selling

In other news, CEO Stephen Bradley Ehikian sold 234,918 shares of the stock in a transaction that occurred on Wednesday, December 31st. The shares were sold at an average price of $13.56, for a total transaction of $3,185,488.08. Following the completion of the transaction, the chief executive officer directly owned 924,074 shares of the company’s stock, valued at $12,530,443.44. This represents a 20.27% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Hitesh Lath sold 15,042 shares of the firm’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $14.38, for a total transaction of $216,303.96. Following the sale, the chief financial officer owned 223,120 shares of the company’s stock, valued at approximately $3,208,465.60. The trade was a 6.32% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 1,884,304 shares of company stock valued at $24,970,674. 26.50% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of AI. Dimensional Fund Advisors LP lifted its position in shares of C3.ai by 77.1% during the third quarter. Dimensional Fund Advisors LP now owns 1,804,188 shares of the company’s stock worth $31,284,000 after acquiring an additional 785,508 shares in the last quarter. Two Sigma Investments LP purchased a new stake in C3.ai during the 3rd quarter worth about $13,379,000. Voloridge Investment Management LLC bought a new position in C3.ai in the 4th quarter worth about $9,183,000. Federated Hermes Inc. grew its holdings in C3.ai by 93,578.8% during the 4th quarter. Federated Hermes Inc. now owns 675,424 shares of the company’s stock valued at $9,105,000 after buying an additional 674,703 shares in the last quarter. Finally, Quantbot Technologies LP increased its position in shares of C3.ai by 2,831.4% during the third quarter. Quantbot Technologies LP now owns 554,472 shares of the company’s stock valued at $9,615,000 after buying an additional 535,557 shares during the period. 38.96% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting C3.ai

Here are the key news stories impacting C3.ai this week:

• Positive Sentiment: Restructuring could materially reduce cash burn — management outlined a restructuring that it says will generate roughly $135M of savings, which should extend runway if execution holds. I Was Skeptical Of C3.ai A Year Ago – It’s Even Worse Now (Rating Downgrade)
• Positive Sentiment: Some sell‑side support remains — Wedbush still carries an outperform stance (albeit with a lower target), indicating a subset of analysts see recovery upside if commercial momentum returns. Benzinga coverage of analyst moves
• Neutral Sentiment: CEO signals strategic focus on flexible AI scaling — management is pitching a go‑forward commercial strategy but needs to show contract wins. C3.ai wants to capture AI scaling with ‘maximum flexibility’: CEO
• Neutral Sentiment: Full earnings call transcript is available for investors to review management comments and Q&A on guidance and sales execution. Q3 2026 Earnings Call Transcript
• Negative Sentiment: Weak results: C3.ai missed revenue and EPS estimates — Q3 revenue and EPS came in well below consensus and revenue was reported down ~46% year‑over‑year, signaling material commercial weakness. C3.ai Stock Tumbles on Wider‑Than‑Expected Q3 Loss, Revenues Down Y/Y
• Negative Sentiment: Major workforce cut and lowered outlook — the company is cutting ~26% of staff and trimmed near‑term sales guidance, prompting sharp selloffs in extended trading. C3.ai cuts 26% of global staff under new CEO’s restructuring push
• Negative Sentiment: Analysts slashed price targets and issued downgrades — multiple firms lowered targets and ratings, increasing near‑term downside risk and reducing buy‑side conviction. Benzinga roundup of analyst moves
• Negative Sentiment: Legal risk: a securities‑fraud investigation was announced, adding another overhang to sentiment and potential distraction for management. Ademi LLP Investigates Claims of Securities Fraud against C3.ai, Inc.

C3.ai Company Profile

C3.ai, Inc is a leading enterprise software provider focused on delivering scalable artificial intelligence (AI) and Internet of Things (IoT) solutions to large organizations. The company’s core offering, the C3 AI Suite, is a comprehensive, model-driven platform that unifies data ingestion, model development, and application deployment. Through its suite of tools, C3.ai enables customers to accelerate digital transformation initiatives by applying advanced machine learning, predictive analytics, and AI-driven insights across a broad range of business functions.

The C3 AI Suite provides a low-code environment for data scientists and application developers to rapidly design, test, and deploy enterprise-scale AI applications.