<div id="readability-page-1"><p><span>C3.ai (NYSE:AI - Get Free Report)</span> had its price target decreased by equities researchers at Canaccord Genuity Group  from $28.00 to $16.00 in a report released on Friday,Benzinga reports. The firm currently has a &#34;hold&#34; rating on the stock. Canaccord Genuity Group's target price would indicate a potential upside of 2.20% from the company's current price.</p><ul><li>3 AI Stocks in Correction Mode: Can They Rebound?</li></ul><p>Other equities research analysts have also issued research reports about the company. Westpark Capital upgraded C3.ai to a &#34;strong-buy&#34; rating and set a $40.00 price objective for the company in a research note on Wednesday, July 9th. Needham &amp; Company LLC  reiterated a &#34;hold&#34; rating on shares of C3.ai in a research report on Thursday. JMP Securities dropped their price objective on C3.ai from $30.00 to $24.00 and set a &#34;market outperform&#34; rating on the stock in a research note on Thursday. Northland Capmk cut C3.ai from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a report on Monday, August 11th. Finally, JPMorgan Chase &amp; Co. lowered their price target on C3.ai from $27.00 to $23.00 and set an &#34;underweight&#34; rating on the stock in a report on Thursday, May 29th. One 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 issued  a Sell rating to the company. Based on data from MarketBeat.com, the company  has an average rating of &#34;Reduce&#34; and a consensus price target of $23.00.</p><p><b>View Our Latest Research Report on AI</b></p><h2>C3.ai Trading Up 1.3%</h2><ul><li>AAR Corp Jets Higher on Robust Demand for Aircraft Components</li></ul><p>AI stock traded up $0.20 during trading on Friday, hitting $15.66. 4,941,648 shares of the company's stock were exchanged, compared to its average volume of 6,269,332. The business has a 50-day moving average price of $22.41 and a two-hundred day moving average price of $22.80. The stock has a market capitalization of $2.10 billion, a price-to-earnings ratio of -6.00 and a beta of 1.96. C3.ai has a 52-week low of $14.70 and a 52-week high of $45.08. </p><p>C3.ai (NYSE:AI - Get Free Report) last announced its quarterly earnings data on Wednesday, September 3rd. The company reported ($0.86) earnings per share for the quarter, missing analysts' consensus estimates of ($0.21) by ($0.65). C3.ai had a negative return on equity of 40.06% and a negative net margin of 92.08%.The business had revenue of $70.26 million for the quarter, compared to analyst estimates of $104.02 million. During the same period in the prior year, the company earned ($0.05) EPS. The company's revenue was down 19.4% on a year-over-year basis.  C3.ai has set its Q2 2026 guidance at  EPS. On average, equities research analysts anticipate that  C3.ai will post -2.44 earnings per share for the current fiscal year. </p><h2>Insider Buying and Selling</h2><ul><li>C3.ai Stock Surges on Strong Sales Despite Profit Concerns</li></ul><p>In related news, CFO Hitesh Lath sold 17,689 shares of the business's stock in a transaction on Friday, June 27th. The shares were sold at an average price of $24.96, for a total value of $441,517.44. Following the transaction, the chief financial officer owned 166,218 shares in the company, valued at $4,148,801.28. The trade was a 9.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities &amp; Exchange Commission, which is available at this hyperlink. Also, Director John E. Hyten sold 10,000 shares of the company's stock in a transaction dated Friday, June 13th. The stock was sold at an average price of $23.75, for a total transaction of $237,500.00. Following the completion of the sale, the director directly owned 63,942 shares of the company's stock, valued at $1,518,622.50. The trade was a 13.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 2,162,768 shares of company stock worth $50,525,604 over the last 90 days. 26.50% of the stock is currently owned by insiders. </p><h2>Hedge Funds Weigh In On C3.ai</h2><p>Hedge funds and other institutional investors have recently modified their holdings of the stock. Garde Capital Inc. purchased a new position in  C3.ai in the 1st quarter worth about $29,000.  Orion Capital Management LLC purchased a new position in  C3.ai during the fourth quarter valued at $34,000.  CX Institutional purchased a new position in shares of  C3.ai in the first quarter worth about $34,000.  Raiffeisen Bank International AG acquired a new stake in  C3.ai during the fourth quarter worth about $36,000.  Finally, Versant Capital Management Inc increased its position in shares of  C3.ai by 417.5% during the first quarter. Versant Capital Management Inc now owns 1,868 shares of the company's stock valued at $39,000 after acquiring an additional 1,507 shares during the last quarter. Institutional investors own  38.96% of the company's stock. </p><h2>C3.ai Company Profile</h2> (Get Free Report)<p>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.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than C3.ai</li><li>What Are Dividends? 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This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in C3.ai Right Now?</h2><p>Before you consider C3.ai, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and C3.ai wasn't on the list.</p><p>While C3.ai currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Canaccord Genuity Group has lowered its price target for C3.ai (NYSE:AI) from $28.00 to $16.00, maintaining a "hold" rating. This new target suggests a potential upside of 2.20% from the current price of $15.66. Other analysts have varied opinions, with ratings ranging from "strong-buy" to "sell." C3.ai reported a quarterly loss of ($0.86) per share, missing estimates, and its revenue decreased by 19.4% year-over-year. Insider selling has also been noted, with significant shares sold recently.</p>

- C3.ai's price target was reduced from $28.00 to $16.00 by Canaccord Genuity Group, which maintains a "hold" rating.  
- The company reported a quarterly loss of ($0.86) per share, missing estimates, with revenue of $70.26 million, down 19.4% year-over-year.  
- Analysts have mixed ratings on the stock, with one strong buy, one buy, seven holds, and four sells, leading to an average rating of "Reduce" and a consensus price target of $23.00.

Canaccord Genuity Group Lowers C3.ai (NYSE:AI) Price Target to $16.00