C3.ai Inc (NYSE:AI) has a beta value of 1.82 and has seen 0.46 million shares traded in the recent trading session. The company, currently valued at $3.12B, closed the last trade at $25.01 per share which meant it gained $0.02 on the day or 0.10% during that session. The AI stock price is -53.14% off its 52-week high price of $38.30 and 19.11% above the 52-week low of $20.23. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.84 million shares traded. The 3-month trading volume is 4.92 million shares.
The consensus among analysts is that C3.ai Inc (AI) is Buy stock at the moment, with a recommendation rating of 3.00. 2 analysts rate the stock as a Sell, while 0 rate it as Overweight. 4 out of 11 have rated it as a Hold, with 5 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.13.
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C3.ai Inc (NYSE:AI) trade information
Sporting 0.10% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the AI stock price touched $25.01 or saw a rise of 1.73%. Year-to-date, C3.ai Inc shares have moved -12.87%, while the 5-day performance has seen it change 6.90%. Over the past 30 days, the shares of C3.ai Inc (NYSE:AI) have changed -17.82%. Short interest in the company has seen 26.07 million shares shorted with days to cover at 7.94.
Wall Street analysts have a consensus price target for the stock at $33, which means that the shares’ value could jump 24.21% from the levels at last check today. The projected low price target is $20.0 while the price target rests at a high of $425.0. In that case, then, we find that the latest price level in today’s session is -1599.32% off the targeted high while a plunge would see the stock lose 20.03% from the levels at last check today.
C3.ai Inc (AI) estimates and forecasts
Figures show that C3.ai Inc shares have underperformed across the wider relevant industry. The company’s shares have lost -12.96% over the past 6 months, with this year growth rate of -14.89%, compared to 8.60% for the industry. Revenue growth from the last financial year stood is estimated to be 23.40%.
13 analysts offering their estimates for the company have set an average revenue estimate of 86.94M for the current quarter. 13 have an estimated revenue figure of 91.07M for the next ending quarter.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -46.24% over the past 5 years.
AI Dividends
C3.ai Inc is expected to release its next earnings report 2024-Sep-04 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
C3.ai Inc (NYSE:AI)’s Major holders
Insiders own 9.32% of the company shares, while shares held by institutions stand at 45.31% with a share float percentage of 49.97%. Investors are also buoyed by the number of investors in a company, with C3.ai Inc having a total of 423.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 10.65 million shares worth more than $288.24 million. As of 2024-03-31, VANGUARD GROUP INC held 8.8375% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 6.65 million shares as of 2024-03-31. The firm’s total holdings are worth over $180.14 million and represent 5.5231% of shares outstanding.
