C3.ai (NYSE:AI) Hits New 52-Week Low – Here’s Why

C3.ai, Inc. (NYSE:AI) hit a new 52-week low on Tuesday . The company traded as low as $13.31 and last traded at $13.4530, with a volume of 5066055 shares changing hands. The stock had previously closed at $14.07.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on AI. KeyCorp lowered their price objective on shares of C3.ai from $18.00 to $10.00 and set an “underweight” rating on the stock in a research note on Thursday, September 4th. DA Davidson reiterated an “underperform” rating and set a $13.00 price objective (down previously from $25.00) on shares of C3.ai in a research report on Monday, August 11th. Northland Securities cut C3.ai from an “outperform” rating to a “market perform” rating and set a $17.00 target price on the stock. in a report on Tuesday, August 12th. Oppenheimer reiterated a “market perform” rating on shares of C3.ai in a research report on Tuesday, August 12th. Finally, Morgan Stanley reduced their price target on shares of C3.ai from $22.00 to $11.00 and set an “underweight” rating for the company in a research report on Tuesday, September 9th. 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 assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Reduce” and an average price target of $22.09.

C3.ai Stock Down 1.5%

The business’s 50-day moving average price is $17.22 and its 200-day moving average price is $20.86. The firm has a market capitalization of $1.87 billion, a PE ratio of -5.21 and a beta of 1.96.

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

Insider Buying and Selling

In other C3.ai news, EVP Robert David Schilling sold 470,420 shares of the business’s stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $17.29, for a total value of $8,133,561.80. Following the transaction, the executive vice president owned 1,011,327 shares in the company, valued at $17,485,843.83. The trade was a 31.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Chairman Thomas M. Siebel sold 543,706 shares of the stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $15.24, for a total value of $8,286,079.44. Following the completion of the transaction, the chairman owned 1,437,174 shares in the company, valued at $21,902,531.76. This represents a 27.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 2,318,679 shares of company stock worth $39,674,373. Corporate insiders own 26.50% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Bogart Wealth LLC lifted its position in C3.ai by 22.7% during the 2nd quarter. Bogart Wealth LLC now owns 2,700 shares of the company’s stock worth $66,000 after acquiring an additional 500 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in shares of C3.ai by 8.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 6,546 shares of the company’s stock worth $138,000 after purchasing an additional 510 shares during the last quarter. ProShare Advisors LLC boosted its stake in C3.ai by 2.4% during the 2nd quarter. ProShare Advisors LLC now owns 25,548 shares of the company’s stock valued at $628,000 after purchasing an additional 593 shares during the period. Moors & Cabot Inc. grew its holdings in C3.ai by 5.2% in the 2nd quarter. Moors & Cabot Inc. now owns 14,263 shares of the company’s stock valued at $350,000 after buying an additional 700 shares during the last quarter. Finally, Probity Advisors Inc. increased its position in C3.ai by 4.4% in the 1st quarter. Probity Advisors Inc. now owns 17,444 shares of the company’s stock worth $367,000 after buying an additional 738 shares during the period. Institutional investors own 38.96% of the company’s stock.

C3.ai Company Profile

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.