During the last session, C3.ai Inc (NYSE:AI)’s traded shares were 11.89 million, with the beta value of the company hitting 1.98. At the end of the trading day, the stock’s price was $23.02, reflecting an intraday loss of -3.76% or -$0.9. The 52-week high for the AI share is $45.08, that puts it down -95.83 from that peak though still a striking 26.02% gain since the share price plummeted to a 52-week low of $17.03. The company’s market capitalization is $3.06B, and the average trade volume was 3.86 million shares over the past three months.
C3.ai Inc (AI) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.93. AI has a Sell rating from 2 analyst(s) out of 11 analysts who have looked at this stock. 4 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 5 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.12.
C3.ai Inc (NYSE:AI) trade information
C3.ai Inc (AI) registered a -3.76% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -3.76% in intraday trading to $23.02, hitting a weekly high. The stock’s 5-day price performance is -0.56%, and it has moved by 1.95% in 30 days. Based on these gigs, the overall price performance for the year is -3.84%.
The consensus price target of analysts on Wall Street is $18, which implies a decrease of -27.89% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $18 and $18 respectively. As a result, AI is trading at a premium of 21.81% off the target high and 21.81% off the low.
C3.ai Inc (AI) estimates and forecasts
In the rating firms’ projections, revenue will increase 19.80% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 105.82M as predicted by 11 analyst(s). Meanwhile, a consensus of 10 analyst(s) estimates revenue growth to 111.27M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 87.21M and 94.34M respectively. In this case, analysts expect current quarter sales to grow by 21.33% and then jump by 17.94% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -46.24%. While earnings are projected to return -1.09% in 2025.
AI Dividends
C3.ai Inc is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
C3.ai Inc (NYSE:AI)’s Major holders
The next largest institutional holding, with 7.47 million shares, is of BLACKROCK INC.’s that is approximately 5.9793% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $216.42 million.
Also, the Mutual Funds coming in first place with the largest holdings of C3.ai Inc (AI) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF. Data provided on Dec 31, 2024 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 3.48 shares. This amounts to just over 2.69 percent of the company’s overall shares, with a $80.09 million market value. The same data shows that the other fund manager holds slightly less at 2.99, or about 2.31% of the stock, which is worth about $68.75 million.
