In recent trading session, C3.ai Inc (NYSE:AI) saw 1.25 million shares changing hands at last check today with its beta currently measuring 1.95. Company’s recent per share price level of $38.05 trading at $1.66 or 4.56% at last check today assigns it a market valuation of $4.83B. That most recent trading price of AI’s stock is at a discount of -4.81% from its 52-week high price of $39.88 and is indicating a premium of 50.46% from its 52-week low price of $18.85. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 8.79 million shares which gives us an average trading volume of 4.74 million if we extend that period to 3-months.
For C3.ai Inc (AI), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 11 analysts covering the stock, 2 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 4 suggested the stock as a Hold whereas 5 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.16 in the current quarter.
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C3.ai Inc (NYSE:AI) trade information
Upright in the green today for gaining 4.56%, in the last five days AI remained trading in the green while hitting it’s week-highest on Monday, 11/25/24 when the stock touched $38.05 price level, adding 4.59% to its value on the day. C3.ai Inc’s shares saw a change of 32.53% in year-to-date performance and have moved 8.75% in past 5-day. C3.ai Inc (NYSE:AI) showed a performance of 46.63% in past 30-days. Number of shares sold short was 22.77 million shares which calculate 7.99 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 33 to the stock, which implies a fall of -15.3% to its recent value today. Analysts have been projecting 20 as a low price target for the stock while placing it at a high target of 425. It follows that stock’s current price would jump 47.44% in reaching the projected high whereas dropping to the targeted low would mean a gain of 47.44% for stock’s current value.
C3.ai Inc (AI) estimates and forecasts
Statistics highlight that C3.ai Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company added 28.68% of value to its shares in past 6 months, showing an annual growth rate of -12.77% while that of industry is 15.40. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 23.19% from the last financial year’s standing.
13 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 91.02M for the same. And 13 analysts are in estimates of company making revenue of 97.57M in the next quarter. Company posted 73.23M and 78.4M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -46.24% during past 5 years.
C3.ai Inc (NYSE:AI)’s Major holders
Insiders are in possession of 9.00% of company’s total shares while institution are holding 49.99 percent of that, with stock having share float percentage of 54.93%. Investors also watch the number of corporate investors in a company very closely, which is 49.99% institutions for C3.ai Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at AI for having 11.52 million shares of worth $333.73 million. And as of 2024-06-30, it was holding 9.6544 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 7.47 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.2607 of outstanding shares, having a total worth of $216.42 million.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund are the top two Mutual Funds which own company’s shares. As of Jun 30, 2024 , the former fund manager was holding 3.35 shares of worth $129.43 million or 2.71% of the total outstanding shares. The later fund manager was in possession of 2.78 shares on Sep 30, 2024 , making its stake of worth around $107.27 million in the company or a holder of 2.25% of company’s stock.
