Research Analysts Set Expectations for C3.ai Q1 Earnings

C3.ai, Inc. (NYSE:AI) – Investment analysts at Northland Securities issued their Q1 2028 earnings estimates for C3.ai in a research report issued to clients and investors on Monday, October 12th. Northland Securities analyst M. Latimore forecasts that the company will earn ($0.51) per share for the quarter. Northland Securities has an “Outperform” rating and a $16.00 price target on the stock. The consensus estimate for C3.ai’s current full-year earnings is ($2.21) per share. Northland Securities also issued estimates for C3.ai’s Q2 2028 earnings at ($0.48) EPS, Q3 2028 earnings at ($0.44) EPS and FY2028 earnings at ($1.85) EPS.

C3.ai (NYSE:AI) last posted its quarterly earnings results on Wednesday, September 2nd. The company reported ($0.20) EPS for the quarter, topping analysts’ consensus estimates of ($0.26) by $0.06. C3.ai had a negative net margin of 192.10% and a negative return on equity of 61.25%. The business had revenue of $52.38 million during the quarter, compared to analysts’ expectations of $52.06 million. During the same period last year, the company posted ($0.37) earnings per share. The business’s quarterly revenue was down 25.4% on a year-over-year basis.

A number of other research firms have also recently issued reports on AI. Canaccord Genuity Group reissued a “hold” rating and set a $10.00 price objective on shares of C3.ai in a research report on Thursday, September 3rd. DA Davidson reaffirmed an “underperform” rating and issued a $7.00 target price on shares of C3.ai in a research report on Tuesday, September 1st. Weiss Ratings raised C3.ai from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, August 4th. UBS Group reaffirmed an “underperform” rating on shares of C3.ai in a research note on Tuesday, September 1st. Finally, Wall Street Zen upgraded C3.ai from a “sell” rating to a “hold” rating in a report on Sunday. Two equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and seven have issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Reduce” and a consensus target price of $9.36.

C3.ai Trading Up 3.2%

Shares of NYSE AI opened at $11.98 on Wednesday. The firm’s 50-day moving average price is $10.58 and its 200-day moving average price is $9.75. C3.ai has a 1-year low of $7.68 and a 1-year high of $19.80.

Institutional Investors Weigh In On C3.ai

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Western Wealth Management LLC bought a new position in shares of C3.ai during the first quarter valued at about $26,000. AdvisorNet Financial Inc purchased a new position in C3.ai during the first quarter worth about $34,000. CoreCap Advisors LLC boosted its holdings in C3.ai by 34.0% during the second quarter. CoreCap Advisors LLC now owns 6,145 shares of the company’s stock worth $56,000 after purchasing an additional 1,560 shares during the last quarter. Versant Capital Management Inc grew its position in C3.ai by 1,510.1% in the 2nd quarter. Versant Capital Management Inc now owns 6,859 shares of the company’s stock worth $62,000 after purchasing an additional 6,433 shares in the last quarter. Finally, Nykredit A S bought a new stake in C3.ai in the 2nd quarter worth about $84,000. 38.96% of the stock is owned by institutional investors.

Insider Buying and Selling at C3.ai

In related news, CFO Hitesh Lath sold 21,077 shares of C3.ai stock in a transaction on Wednesday, September 16th. The shares were sold at an average price of $10.48, for a total value of $220,886.96. Following the completion of the sale, the chief financial officer owned 371,036 shares of the company’s stock, valued at approximately $3,888,457.28. This trade represents a 5.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Thomas Siebel sold 162,247 shares of the business’s stock in a transaction on Wednesday, September 16th. The shares were sold at an average price of $10.54, for a total transaction of $1,710,083.38. Following the sale, the chief executive officer owned 722,362 shares of the company’s stock, valued at $7,613,695.48. This trade represents a 18.34% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 1,117,809 shares of company stock valued at $11,724,230. 19.80% of the stock is currently owned by insiders.

C3.ai News Summary

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

• Positive Sentiment: Northland upgrades C3.ai to Outperform: Northland Securities raised its rating from Market Perform to Outperform and increased its price target from $10 to $16. Analyst Mike Latimore views the enterprise AI platform launch as a potential “new growth engine,” while easier comparisons could improve the company’s growth outlook. C3.ai rallies after Northland upgrades stock on enterprise AI platform launch
• Positive Sentiment: Higher valuation expectations: Northland’s $16 target implies meaningful upside from the stock’s recent trading level and has helped attract buying interest across enterprise software and AI stocks. The firm estimates a quarterly loss of $0.42 per share and expects C3.ai to remain unprofitable, but still maintains an Outperform rating. Northland Securities Upgrades C3.ai to Strong-Buy
• Neutral Sentiment: Increased investor attention: C3.ai has recently ranked among the most-watched stocks on Zacks, which may boost near-term trading activity. However, the coverage does not provide a new fundamental estimate or company-specific catalyst. C3.ai is Attracting Investor Attention
• Negative Sentiment: UBS remains cautious: UBS said C3.ai needs several more quarters to stabilize its business, tempering the optimism from Northland’s upgrade. The caution highlights execution risk, especially as the company continues to report substantial losses and declining revenue. C3.ai Needs More Quarters to Stabilize, UBS Says

C3.ai Company Profile

C3.ai, Inc is an enterprise artificial intelligence software company that develops applications and tools designed to help organizations use AI and machine learning to analyze data, automate processes and support business decision-making. The company’s offerings are intended for large commercial enterprises, government agencies and other organizations managing complex operational and data environments.

Its product portfolio includes the C3 AI Platform, which provides capabilities for developing, deploying and operating AI applications, as well as prebuilt enterprise applications.