A share price of C3.ai Inc [AI] is currently trading at $27.52, down -0.65%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The AI shares have gain 11.73% over the last week, with a monthly amount glided 5.44%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
C3.ai Inc [NYSE: AI] stock has seen the most recent analyst activity on May 30, 2024, when Northland Capital upgraded its rating to a Outperform but kept the price target unchanged to $35 for it. Previously, Oppenheimer upgraded its rating to Outperform on November 21, 2023, and kept the price target unchanged to $40. On July 25, 2023, Northland Capital initiated with a Market Perform rating and assigned a price target of $40 on the stock. Oppenheimer started tracking the stock assigning a Perform rating. Wedbush upgraded its rating to a Outperform and raised its price target to $50 on June 01, 2023. DA Davidson downgraded its rating to Neutral for this stock on June 01, 2023, but kept the price target unchanged to $30. In a note dated April 24, 2023, Wolfe Research downgraded an Underperform rating on this stock but restated the target price of $14.
C3.ai Inc experienced fluctuations in its stock price throughout the past year between $18.85 and $38.30. Currently, Wall Street analysts expect the stock to reach $70.5 within the next 12 months. C3.ai Inc [NYSE: AI] shares were valued at $27.52 at the most recent close of the market. An investor can expect a potential return of 156.18% based on the average AI price forecast.
Analyzing the AI fundamentals
Trailing Twelve Months sales for C3.ai Inc [NYSE:AI] were 325.43M which represents 20.52% growth. Gross Profit Margin for this corporation currently stands at 0.58% with Operating Profit Margin at -0.97%, Pretax Profit Margin comes in at -0.85%, and Net Profit Margin reading is -0.85%. To continue investigating profitability, this company’s Return on Assets is posted at -0.26, Equity is -0.31 and Total Capital is -0.34. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.0.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 27.10 points at the first support level, and at 26.67 for the second support level. However, for the 1st resistance point, the stock is sitting at 28.25, and for the 2nd resistance point, it is at 28.97.
Ratios To Look Out For
To put it in perspective, the Current Ratio for C3.ai Inc [NYSE:AI] is 7.86. As well, the Quick Ratio is 7.86, while the Cash Ratio is 1.13. Considering the valuation of this stock, the price to sales ratio is 10.74, the price to book ratio is 4.00.
Transactions by insiders
Recent insider trading involved Lath Hitesh, CHIEF FINANCIAL OFFICER, that happened on Jun 27 ’24 when 3005.0 shares were sold. SVP & Chief Financial Officer, Parkkinen Juho completed a deal on Dec 26 ’23 to sell 407.0 shares. Meanwhile, SVP & Chief Financial Officer Parkkinen Juho sold 5513.0 shares on Dec 18 ’23.
