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A Closer Look at 4 Analyst Recommendations For C3.ai
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A Closer Look at 4 Analyst Recommendations For C3.ai
Dec 10, 2024 6:24 AM

During the last three months, 4 analysts shared their evaluations of C3.ai ( AI ) , revealing diverse outlooks from bullish to bearish.

The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 0 1 2 1 0
Last 30D 0 1 1 1 0
1M Ago 0 0 1 0 0
2M Ago 0 0 0 0 0
3M Ago 0 0 0 0 0

Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $38.5, with a high estimate of $45.00 and a low estimate of $32.00. This current average has increased by 54.0% from the previous average price target of $25.00.

Deciphering Analyst Ratings: An In-Depth Analysis

A comprehensive examination of how financial experts perceive C3.ai ( AI ) is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Michael Latimore Northland Capital Markets Raises Outperform $45.00 $35.00
Sanjit Singh Morgan Stanley Raises Underweight $32.00 $21.00
Arvind Ramnani Piper Sandler Raises Neutral $42.00 $24.00
Gil Luria DA Davidson Raises Neutral $35.00 $20.00

Key Insights:

Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to C3.ai ( AI ). This insight gives a snapshot of analysts' perspectives on the current state of the company.

Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of C3.ai ( AI ) compared to the broader market.

Price Targets: Delving into movements, analysts provide estimates for the future value of C3.ai's ( AI ) stock. This analysis reveals shifts in analysts' expectations over time.

Capture valuable insights into C3.ai's ( AI ) market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.

Stay up to date on C3.ai ( AI ) analyst ratings.

Unveiling the Story Behind C3.ai

C3.ai Inc ( AI ) 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 Platform, which is an end-to-end application development and runtime environment for designing, developing, and deploying AI applications: C3 AI Applications, which is a portfolio of pre-built, extensible, industry-specific, and application-specific Enterprise AI applications: and C3 Generative AI, which combines the utility of large language models. Geographically the company derives revenue from North America, Europe, the Middle East and Africa, Asia Pacific, and the Rest of the World.

C3.ai's Financial Performance

Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.

Revenue Growth: C3.ai's ( AI ) revenue growth over a period of 3 months has been noteworthy. As of 31 July, 2024, the company achieved a revenue growth rate of approximately 20.52%. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.

Net Margin: C3.ai's ( AI ) net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of -72.04%, the company may face hurdles in effective cost management.

Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of -7.19%, the company may need to address challenges in generating satisfactory returns for shareholders.

Return on Assets (ROA): C3.ai's ( AI ) ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -6.0%, the company may encounter challenges in delivering satisfactory returns from its assets.

Debt Management: C3.ai's ( AI ) debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.0.

Understanding the Relevance of Analyst Ratings

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

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.

Which Stocks Are Analysts Recommending Now?

Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. Click here to stay ahead of the market.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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