Wedbush Has Lowered Expectations for C3.ai (NYSE:AI) Stock Price

C3.ai (NYSE:AI) had its price target reduced by stock analysts at Wedbush from $20.00 to $15.00 in a report released on Thursday,Benzinga reports. The firm currently has an “outperform” rating on the stock. Wedbush’s price objective points to a potential upside of 79.79% from the company’s previous close.

AI has been the topic of a number of other research reports. DA Davidson reissued an “underperform” rating and issued a $13.00 target price on shares of C3.ai in a research report on Thursday, December 4th. Citizens Jmp downgraded shares of C3.ai from an “outperform” rating to a “market perform” rating in a report on Thursday. Canaccord Genuity Group reissued a “hold” rating and issued a $16.00 price objective on shares of C3.ai in a research report on Thursday, December 4th. KeyCorp reduced their target price on shares of C3.ai from $10.00 to $6.00 and set an “underweight” rating for the company in a report on Thursday. Finally, Needham & Company LLC reiterated a “hold” rating on shares of C3.ai in a research note on Thursday, December 4th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, seven have issued a Hold rating and five have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average target price of $20.31.

C3.ai Stock Performance

Shares of NYSE AI traded down $1.97 during trading on Thursday, reaching $8.34. The company had a trading volume of 12,517,324 shares, compared to its average volume of 7,032,822. C3.ai has a 52 week low of $7.73 and a 52 week high of $30.24. The business’s 50 day moving average price is $12.47 and its 200-day moving average price is $15.15. The stock has a market cap of $1.17 billion, a PE ratio of -2.98 and a beta of 1.98.

C3.ai (NYSE:AI) last issued its quarterly earnings results on Wednesday, December 3rd. The company reported ($0.25) EPS for the quarter, topping the consensus estimate of ($0.33) by $0.08. C3.ai had a negative net margin of 108.06% and a negative return on equity of 46.51%. The company had revenue of $75.15 million during the quarter, compared to analysts’ expectations of $74.86 million. During the same quarter in the previous year, the company earned ($0.06) EPS. C3.ai’s revenue was down 20.3% on a year-over-year basis. Equities analysts anticipate that C3.ai will post -2.44 earnings per share for the current year.

Insider Transactions at C3.ai

In other C3.ai news, CFO Hitesh Lath sold 15,042 shares of the company’s stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $14.38, for a total value of $216,303.96. Following the completion of the transaction, the chief financial officer owned 223,120 shares of the company’s stock, valued at $3,208,465.60. This represents a 6.32% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Stephen Bradley Ehikian sold 234,918 shares of the firm’s 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 owned 924,074 shares of the company’s stock, valued at approximately $12,530,443.44. This trade represents a 20.27% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 1,884,304 shares of company stock worth $24,970,674. Corporate insiders own 26.50% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of AI. Silicon Valley Capital Partners purchased a new position in shares of C3.ai in the 2nd quarter worth approximately $25,000. Larson Financial Group LLC lifted its holdings in C3.ai by 683.6% during the third quarter. Larson Financial Group LLC now owns 1,481 shares of the company’s stock worth $26,000 after acquiring an additional 1,292 shares during the period. Farther Finance Advisors LLC lifted its holdings in C3.ai by 66.1% during the fourth quarter. Farther Finance Advisors LLC now owns 2,141 shares of the company’s stock worth $29,000 after acquiring an additional 852 shares during the period. Parallel Advisors LLC boosted its position in C3.ai by 76.4% in the third quarter. Parallel Advisors LLC now owns 1,849 shares of the company’s stock worth $32,000 after purchasing an additional 801 shares during the last quarter. Finally, Comerica Bank grew its stake in C3.ai by 839.1% in the 4th quarter. Comerica Bank now owns 2,423 shares of the company’s stock valued at $33,000 after purchasing an additional 2,165 shares during the period. Hedge funds and other institutional investors own 38.96% of the company’s stock.

C3.ai News Roundup

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

• Positive Sentiment: Strong federal bookings were highlighted by the company and noted in coverage, which supports a durable revenue stream from government contracts and is a rare bright spot in the quarter. C3.ai Stock Tumbles on Wider-Than-Expected Q3 Loss
• Neutral Sentiment: New CEO Stephen Ehikian announced a restructuring plan including significant job cuts (company-wide reduction announced as ~26% in later reports); this could improve margins longer term but signals serious near-term execution and demand issues. C3.ai cuts 26% of global staff under new CEO’s restructuring push
• Neutral Sentiment: The full Q3 earnings call transcript is available for detail on customer dynamics, regional shortfalls and management’s rationale for guidance and cost actions; investors should read it for forward visibility. Q3 2026 Earnings Call Transcript
• Negative Sentiment: Q3 results missed expectations: EPS ($0.40) vs. consensus (~$0.29 miss) and revenue of $53.3M versus estimates near $75–76M — revenue fell ~46% YoY, driving sharp margin deterioration. MarketBeat earnings summary
• Negative Sentiment: Company cut Q4 and FY26 revenue guidance materially: Q4 revenue now $48M–$52M (consensus ~ $77.6M) and FY revenue trimmed to ~$246.7M–$250.7M (consensus ~ $298.7M). The guidance shortfall is the main driver of the selloff. C3 AI Stock Tanks After Q3 Earnings
• Negative Sentiment: Analysts reacted: Citizens Jmp downgraded AI from “market outperform” to “market perform,” reflecting reduced near-term confidence and adding selling pressure. Analyst downgrade
• Negative Sentiment: Market commentary and podcasts highlighted the magnitude of the miss and weak guidance; coverage notes regional sales shortfalls and additional workforce reductions as reasons for the sharp share decline. Wall Street Breakfast Podcast: C3.Ai’s Big Miss

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.