C3.ai (AI)

• Market cap: $4.69B
• 1 day: 2.51%
• 5 days: -8.00%
• 1 month: 12.30%
• 3 months: 56.30%
• 6 months: 32.39%
• Year to date: 26.44%
• 1 year: 22.23%
• 5 years: -60.71%
• 10 years: -60.71%
• Sector: Information Technology
• Industry: Prepackaged Software

About: 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 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.

Employees: 891

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

1% more call options, than puts

Call options by funds: $320M | Put options by funds: $316M

0.14% more ownership

Funds ownership: 47.92% [Q2] → 48.06% (+0.14%) [Q3]

0% more repeat investments, than reductions

Existing positions increased: 101 | Existing positions reduced: 101

7% less funds holding

Funds holding: 335 [Q2] → 311 (-24) [Q3]

15% less capital invested

Capital invested by funds: $1.68B [Q2] → $1.44B (-$246M) [Q3]

33% less funds holding in top 10

Funds holding in top 10: 3 [Q2] → 2 (-1) [Q3]

38% less first-time investments, than exits

New positions opened: 40 | Existing positions closed: 64

Research analyst outlook

8 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $28 23% downside
• Avg. target: $39 7% upside
• High target: $55 51% upside

8 analyst ratings

• positive: 2 25%
• neutral: 3 38%
• negative: 3 38%

Keybanc Eric Heath 70% 1-year accuracy 21 / 30 met price target	20% downside $29	Underweight Downgraded	19 Dec 2024
Canaccord Genuity Kingsley Crane 44% 1-year accuracy 12 / 27 met price target	10% upside $40	Hold Maintained	11 Dec 2024
JP Morgan Pinjalim Bora 54% 1-year accuracy 32 / 59 met price target	23% downside $28	Underweight Downgraded	11 Dec 2024
DA Davidson Gil Luria 69% 1-year accuracy 29 / 42 met price target	10% upside $40	Neutral Maintained	10 Dec 2024
JMP Securities Aaron Kimson 80% 1-year accuracy 8 / 10 met price target	51% upside $55	Market Outperform Maintained	10 Dec 2024