In the latest trading session, 1.64 million C3.ai Inc (NYSE:AI) shares changed hands as the company’s beta touched 1.99. With the company’s most recent per share price at $25.35 changed hands at -$1.53 or -5.69% at last look, the market valuation stands at $3.27B. AI’s current price is a discount, trading about -77.83% off its 52-week high of $45.08. The share price had its 52-week low at $18.85, which suggests the last value was 25.64% up since then.
Analysts gave the C3.ai Inc (AI) stock a consensus recommendation rating of Buy, calculated at a mean rating of 3.18. If we narrow down to specifics, the data shows that 2 out of 11 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 4 recommended AI as a Hold, 5 felt it is a Buy and 0 rated the stock as Underweight.
C3.ai Inc (NYSE:AI) trade information
Instantly AI was in red as seen in intraday trades today. With action -20.23%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -26.37%, with the 5-day performance at -20.23% in the red. However, in the 30-day time frame, C3.ai Inc (NYSE:AI) is -22.74% down.
The consensus price target for the stock as assigned by Wall Street analysts is 29.5, meaning bulls need an upside of 14.07% from its recent market value. According to analyst projections, AI’s forecast low is 24 with 35 as the target high. To hit the forecast high, the stock’s price needs a -38.07% plunge from its current level, while the stock would need to tank 5.33% for it to hit the projected low.
C3.ai Inc (AI) estimates and forecasts
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -46.24%. The 2025 estimates are for C3.ai Inc earnings to decrease by -33.50%, but the outlook for the next 5-year period is at 6.93% per year.
C3.ai Inc (NYSE:AI)’s Major holders
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 6.2607% or 7.47 million shares worth $216.42 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund. With 3.57 shares estimated at $90.98 million under it, the former controlled 2.84% of total outstanding shares. On the other hand, Vanguard Small-Cap Index Fund held about 2.21% of the shares, roughly 2.78 shares worth around $70.73 million.
