C3.ai Inc (NYSE:AI) price on current trading day, fall -0.13% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $22.67.
A look at the stock’s price movement, the level at last check in today’s session was $22.70, moving within a range at $22.25 and $22.8557. The beta value (5-Year monthly) was 2.02. Turning to its 52-week performance, $45.08 and $18.85 were the 52-week high and 52-week low respectively. Overall, AI moved -26.32% over the past month.
C3.ai Inc’s market cap currently stands at around $3.01 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-25.
Analysts have a consensus estimate of 108.54M for the company’s revenue for the quarter, with a low and high estimate of 104.78M and 110.5M respectively. The average forecast suggests up to a 25.35% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 388.76M, representing a 25.17% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that AI is a 100% Sell. On the other hand, the stock is on average a Hold as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
11 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 4 analyst(s) rate the stock as a Hold, 5 recommend AI as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 2 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
AI’s current price about -1.81% and -21.09% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 38.68, while 7-day volatility ratio is 3.96% and 6.14% in the 30-day chart. Further, C3.ai Inc (AI) has a beta value of 1.97, and an average true range (ATR) of 1.42. Analysts have given the company’s stock an average 52-week price target of $35, forecast between a low of $35 and high of $35. Looking at the price targets, the low is -54.39% off recent price level in today’s trading while to achieve the yearly target high, it has to move -54.39%. Nonetheless, investors will most likely welcome a -54.39% jump to $35 which is the analysts’ median price.
If we refocus on C3.ai Inc (NYSE:AI), historical trading data shows that trading volumes averaged 4.03 over the past 10 days and 5.06 million over the past 3 months. The company’s latest data on shares outstanding shows there are 128.86 million shares.
The 12.74% of C3.ai Inc’s shares are in the hands of company insiders while institutional holders own 50.71% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 22.27 million on 2025-02-28, giving us a short ratio of 4.16. The data shows that as of 2025-02-28 short interest in C3.ai Inc (AI) stood at 2131.0 of shares outstanding, with shares short rising to 21.59 million registered in 2025-01-31. Current price change has pushed the stock -34.16% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the AI stock continues to rise going into the next quarter.
