C3.ai AI underwent analysis by 6 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 0 | 5 | 1 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 1 | 1 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 0 | 0 | 3 | 0 | 0 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $27.67, a high estimate of $33.00, and a low estimate of $20.00. This upward trend is apparent, with the current average reflecting a 6.42% increase from the previous average price target of $26.00.
Decoding Analyst Ratings: A Detailed Look
The analysis of recent analyst actions sheds light on the perception of C3.ai by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Arvind Ramnani | Piper Sandler | Raises | Neutral | $33.00 | $27.00 |
| Brad Sills | B of A Securities | Raises | Underperform | $20.00 | $18.00 |
| Kingsley Crane | Canaccord Genuity | Raises | Hold | $31.00 | $27.00 |
| Arvind Ramnani | Piper Sandler | Lowers | Neutral | $27.00 | $28.00 |
| Gil Luria | DA Davidson | Lowers | Neutral | $28.00 | $30.00 |
| Kingsley Crane | Canaccord Genuity | Maintains | Hold | $27.00 | - |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to C3.ai. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of C3.ai compared to the broader market.
- Price Targets: Delving into movements, analysts provide estimates for the future value of C3.ai's stock. This analysis reveals shifts in analysts' expectations over time.
To gain a panoramic view of C3.ai's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
Stay up to date on C3.ai analyst ratings.
Delving into C3.ai's Background
C3.ai Inc is an enterprise artificial intelligence company. The company provides software-as-a-service applications that enable customers to rapidly develop, deploy, and operate large-scale Enterprise AI applications across any infrastructure. It provides solutions under three divisions namely, The C3 AI Suite, is a comprehensive application development and runtime environment that is designed to allow customers to rapidly design, develop, and deploy Enterprise AI applications of any type; C3 AI Applications, include a large and growing family of industry-specific and application-specific turnkey AI solutions that can be immediately installed and deployed; and C3.ai Ex Machina, analytics for applying data science to every-day business decisions.
Financial Insights: C3.ai
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Positive Revenue Trend: Examining C3.ai's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 17.34% as of 31 October, 2023, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: C3.ai's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of -95.29%, the company may face hurdles in effective cost management.
Return on Equity (ROE): C3.ai's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of -7.57%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): C3.ai's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -6.46%, the company may face hurdles in achieving optimal financial performance.
Debt Management: C3.ai's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.0.
Analyst Ratings: What Are They?
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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