C3.ai (NYSE:AI) Given New $7.00 Price Target at Canaccord Genuity Group

C3.ai (NYSE:AI) had its target price cut by research analysts at Canaccord Genuity Group from $16.00 to $7.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage currently has a “hold” rating on the stock. Canaccord Genuity Group’s price target would indicate a potential downside of 16.32% from the company’s previous close.

Several other equities research analysts also recently weighed in on AI. Bank of America set a $10.00 target price on C3.ai in a research report on Friday, January 30th. UBS Group reissued a “reduce” rating on shares of C3.ai in a research report on Thursday. KeyCorp dropped their price target on shares of C3.ai from $10.00 to $6.00 and set an “underweight” rating for the company in a research note on Thursday. Citizens Jmp cut shares of C3.ai from an “outperform” rating to a “market perform” rating in a report on Thursday. Finally, Needham & Company LLC reissued a “hold” rating on shares of C3.ai in a report on Thursday, December 4th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, seven have given a Hold rating and six have given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Reduce” and an average target price of $16.93.

C3.ai Stock Performance

NYSE AI traded down $1.95 during mid-day trading on Thursday, reaching $8.37. 26,200,268 shares of the stock were exchanged, compared to its average volume of 7,420,196. The business’s fifty day simple moving average is $12.47 and its 200 day simple moving average is $15.15. C3.ai has a 1-year low of $7.73 and a 1-year high of $30.24. The stock has a market capitalization of $1.18 billion, a PE ratio of -2.93 and a beta of 1.98.

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

Insider Activity at C3.ai

In other C3.ai news, CEO Stephen Bradley Ehikian sold 234,918 shares of the company’s stock in a transaction on Wednesday, December 31st. The stock was sold at an average price of $13.56, for a total transaction of $3,185,488.08. Following the transaction, the chief executive officer owned 924,074 shares of the company’s stock, valued at approximately $12,530,443.44. This represents a 20.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Hitesh Lath sold 15,042 shares of C3.ai 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 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 1,884,304 shares of company stock valued at $24,970,674 over the last ninety days. 26.50% of the stock is owned by insiders.

Institutional Investors Weigh In On C3.ai

A number of institutional investors and hedge funds have recently modified their holdings of AI. AQR Capital Management LLC grew its holdings in C3.ai by 267.9% in the 1st quarter. AQR Capital Management LLC now owns 181,354 shares of the company’s stock valued at $3,788,000 after buying an additional 132,056 shares in the last quarter. NewEdge Advisors LLC boosted its position in shares of C3.ai by 48.7% during the 1st quarter. NewEdge Advisors LLC now owns 2,442 shares of the company’s stock worth $51,000 after acquiring an additional 800 shares in the last quarter. Woodline Partners LP bought a new position in C3.ai in the first quarter valued at approximately $346,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in C3.ai by 4.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 242,784 shares of the company’s stock valued at $5,111,000 after acquiring an additional 10,675 shares during the last quarter. Finally, Focus Partners Wealth lifted its position in shares of C3.ai by 2.6% during the 1st quarter. Focus Partners Wealth now owns 59,004 shares of the company’s stock worth $1,242,000 after buying an additional 1,503 shares during the last quarter. 38.96% of the stock is owned by institutional investors.

Key Headlines Impacting C3.ai

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

• Positive Sentiment: Wedbush cut its price target but stayed at an “outperform” rating, implying meaningful upside versus the current share price — a vote of confidence from one shop that the turnaround could be meaningful if execution improves. Benzinga Wedbush note
• Positive Sentiment: Analysts and previews note a continued pickup in federal bookings; the federal pipeline may provide a partial revenue floor even as commercial sales soften. Zacks federal bookings mention
• Neutral Sentiment: Mixed analyst actions: Citizens Jmp downgraded AI from “outperform” to “market perform,” reflecting increased uncertainty about near-term growth. Benzinga/Finviz report
• Neutral Sentiment: KeyCorp lowered its price target (to $6) and moved to “underweight” — another signal that some shops now see limited near-term upside, though views vary across firms. Benzinga KeyCorp note
• Negative Sentiment: Q3 results missed expectations badly: revenue $53.3M vs. ~ $76M consensus (down ~46% YoY) and EPS missed; this sharp top-line decline is the primary catalyst for the selloff. MarketBeat earnings summary
• Negative Sentiment: Management cut guidance sharply — Q4 revenue guided to ~$48–52M vs. ~$77.6M consensus and FY revenue well below estimates — increasing downside risk to near-term cash flow and valuation. Reuters guidance & restructuring
• Negative Sentiment: Company is cutting ~26% of global headcount with a material cost-savings program; while this reduces burn, it signals severe operational strain and raises execution risk. CNBC layoffs coverage
• Negative Sentiment: Independent commentary and sell‑side reactions highlight collapsing gross margins, weak commercial momentum and difficulty converting pilots — prolonging investor skepticism about durable revenue recovery. Seeking Alpha critique

About C3.ai

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.