C3.ai (AI) Stock Forecast, Price Target & Predictions
AI Stock Forecast
C3.ai stock forecast is as follows: an average price target of $70.50 (represents a 230.99% upside from AI’s last price of $21.30) and a rating consensus of 'Buy', based on 12 wall street analysts offering a 1-year stock forecast.
AI Price Target
The average price target for C3.ai (AI) is $70.50 based on 1-year price targets from 12 Wall Street analysts in the past 3 months, with a price target range of $425.00 to $20.00. This represents a potential 230.99% upside from AI's last price of $21.30.
AI Analyst Ratings
According to 12 Wall Street analysts, C3.ai's rating consensus is 'Buy'. The analyst rating breakdown for AI stock is 0 'Strong Buy' (0.00%), 5 'Buy' (41.67%), 5 'Hold' (41.67%), 2 'Sell' (16.67%), and 0 'Strong Sell' (0.00%).
C3.ai Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 05, 2024 | Arvind Ramnani | Piper Sandler | $24.00 | $19.95 | 20.30% | 12.68% |
| May 30, 2024 | Arvind Ramnani | Piper Sandler | $29.00 | $26.96 | 7.55% | 36.15% |
| May 30, 2024 | Michael Latimore | Northland Securities | $35.00 | $23.92 | 46.32% | 64.32% |
| Feb 29, 2024 | Kingsley Crane | Canaccord Genuity | $31.00 | $37.88 | -18.16% | 45.54% |
| Feb 29, 2024 | Timothy Horan | Oppenheimer | $40.00 | $37.88 | 5.60% | 87.79% |
| Feb 29, 2024 | Daniel Ives | Wedbush | $40.00 | $37.87 | 5.62% | 87.79% |
| Dec 07, 2023 | Sanjit Singh | Morgan Stanley | $20.00 | $26.02 | -23.14% | -6.10% |
| Dec 07, 2023 | Patrick Walravens | JMP Securities | $40.00 | $26.02 | 53.73% | 87.79% |
| Nov 17, 2023 | Michael Turits | Piper Sandler | $420.00 | $29.31 | 1332.96% | 1871.83% |
| Nov 17, 2023 | Brent Bracelin | KeyBanc | $425.00 | $29.31 | 1350.02% | 1895.31% |
The latest C3.ai stock forecast, released on Sep 05, 2024 by Arvind Ramnani from Piper Sandler, set a price target of $24.00, which represents a 20.30% increase from the stock price at the time of the forecast ($19.95), and a 12.68% increase from AI last price ($21.30).
C3.ai Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 10 |
| Avg Price Target | $24.00 | $24.00 | $110.40 |
| Last Closing Price | $21.30 | $21.30 | $21.30 |
| Upside/Downside | 12.68% | 12.68% | 418.31% |
In the current month, the average price target of C3.ai stock is $24.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 12.68% increase as opposed to C3.ai's last price of $21.30. This month's average price target is down 0.00% compared to last quarter, and down -78.26% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 05, 2024 | KeyBanc | Sector Weight | Sector Weight | Hold |
| Sep 05, 2024 | Needham | Hold | Hold | Hold |
| Sep 05, 2024 | Canaccord Genuity | Hold | Hold | Hold |
| Sep 05, 2024 | Morgan Stanley | Underweight | Underweight | Hold |
| Sep 05, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Jun 24, 2024 | Goldman Sachs | Underperform | Underperform | Hold |
| May 30, 2024 | Wedbush | Outperform | Outperform | Hold |
| May 30, 2024 | Oppenheimer | Outperform | Outperform | Hold |
| May 30, 2024 | Morgan Stanley | Underweight | Underweight | Hold |
| May 30, 2024 | KeyBanc | Sector Weight | Sector Weight | Hold |
C3.ai's last stock rating was published by KeyBanc on Sep 05, 2024. The company gave AI a "Sector Weight" rating, the same as its previous rate.
C3.ai Financial Forecast
C3.ai Revenue Forecast
| May 27 | Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $78.40M | $73.23M | $72.36M | - | $66.67M | $62.41M | $65.31M | $72.32M | $69.77M | $58.26M | $52.41M | $52.28M | $49.11M | $40.48M | $41.62M | $41.28M | $38.88M |
| Avg Forecast | $158.11M | $144.95M | $135.71M | $130.14M | $124.11M | $115.41M | $109.18M | $106.49M | $107.12M | $97.47M | $91.11M | $86.94M | $84.39M | $76.63M | $74.33M | $71.56M | $71.32M | $64.22M | $60.81M | $66.02M | $71.27M | $67.16M | $56.95M | $51.27M | $50.60M | $47.27M | $242.95M | $54.51M | $22.71M | $6.30M |
| High Forecast | $161.32M | $147.89M | $138.46M | $132.78M | $126.63M | $117.75M | $111.40M | $108.65M | $109.29M | $98.70M | $93.13M | $88.70M | $86.10M | $78.19M | $76.34M | $73.01M | $72.76M | $65.53M | $62.05M | $67.28M | $74.59M | $69.65M | $59.07M | $53.17M | $52.48M | $49.03M | $291.55M | $65.42M | $27.26M | $7.56M |
| Low Forecast | $154.47M | $141.62M | $132.59M | $127.15M | $121.26M | $112.76M | $106.67M | $104.04M | $104.66M | $95.58M | $89.33M | $84.94M | $82.45M | $74.87M | $73.79M | $69.91M | $69.68M | $62.74M | $59.42M | $65.31M | $66.43M | $64.01M | $54.28M | $48.86M | $48.23M | $45.06M | $194.36M | $43.61M | $18.17M | $5.04M |
| # Analysts | 5 | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 10 | 10 | 5 | 5 | 5 | 10 | 5 | 5 | 5 | 4 | 8 | 4 | 2 | 3 | 3 | 3 | 3 | 7 | 13 | 13 | 14 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 0.99% | 1.01% | - | 1.04% | 1.03% | 0.99% | 1.01% | 1.04% | 1.02% | 1.02% | 1.03% | 1.04% | 0.17% | 0.76% | 1.82% | 6.17% |
C3.ai's average Quarter revenue forecast for May 24 based on 5 analysts is $84.39M, with a low forecast of $82.45M, and a high forecast of $86.10M. AI's average Quarter revenue forecast represents a 7.64% increase compared to the company's last Quarter revenue of $78.40M (Jan 24).
C3.ai EBITDA Forecast
| May 27 | Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 10 | 10 | 5 | 5 | 5 | 10 | 5 | 5 | 5 | 4 | 8 | 4 | 2 | 3 | 3 | 3 | 3 | 7 | 13 | 13 | 14 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $-82.55M | $-79.40M | $-74.09M | - | $-71.19M | $-71.01M | $-71.75M | $-55.09M | $-47.41M | $-55.50M | $-35.93M | $-22.69M | $-15.56M | $1.30M | $-29.60M | $-9.49M | $-28.53M |
| Avg Forecast | $-110.45M | $-101.26M | $-94.81M | $-90.91M | $-86.70M | $-80.62M | $-76.27M | $-74.39M | $-74.83M | $-68.09M | $-63.65M | $-60.73M | $-67.28M | $-53.53M | $-51.93M | $-49.99M | $-61.17M | $-44.86M | $-58.23M | $-46.12M | $-41.28M | $-65.41M | $-46.04M | $-24.44M | $-18.48M | $-27.38M | $-61.52M | $-9.99M | $-31.39M | $-69.79K |
| High Forecast | $-107.91M | $-98.93M | $-92.62M | $-88.82M | $-84.71M | $-78.77M | $-74.52M | $-72.68M | $-73.11M | $-66.77M | $-62.40M | $-59.34M | $-53.83M | $-52.30M | $-51.55M | $-48.84M | $-48.93M | $-43.83M | $-46.59M | $-45.62M | $-38.48M | $-52.33M | $-36.83M | $-19.55M | $-14.78M | $-26.10M | $-49.21M | $-7.99M | $-25.11M | $-55.83K |
| Low Forecast | $-112.69M | $-103.31M | $-96.73M | $-92.76M | $-88.46M | $-82.26M | $-77.82M | $-75.90M | $-76.35M | $-68.95M | $-65.06M | $-61.97M | $-80.74M | $-54.62M | $-53.33M | $-51.00M | $-73.40M | $-45.77M | $-69.88M | $-47.00M | $-43.21M | $-78.50M | $-55.24M | $-29.33M | $-22.17M | $-28.40M | $-73.82M | $-11.99M | $-37.66M | $-83.75K |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.54% | 1.53% | 1.48% | - | 1.59% | 1.22% | 1.56% | 1.33% | 0.72% | 1.21% | 1.47% | 1.23% | 0.57% | -0.02% | 2.96% | 0.30% | 408.85% |
3 analysts predict AI's average Quarter EBITDA for Jan 21 to be $-27.38M, with a high of $-26.10M and a low of $-28.40M. This is -2204.82% lower than C3.ai's previous annual EBITDA (Jul 20) of $1.30M.
C3.ai Net Income Forecast
| May 27 | Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 10 | 10 | 5 | 5 | 5 | 10 | 5 | 5 | 5 | 4 | 8 | 4 | 2 | 3 | 3 | 3 | 3 | 7 | 13 | 13 | 14 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $-72.63M | $-69.78M | $-64.36M | - | $-63.16M | $-68.85M | $-71.87M | $-58.42M | $-39.45M | $-56.74M | $-37.46M | $-24.05M | $-16.85M | $150.00K | $-30.43M | $-9.80M | $-28.82M |
| Avg Forecast | $6.51M | $2.47M | $-747.25K | $4.31M | $-6.11M | $-7.80M | $-10.43M | $-9.85M | $-18.57M | $-18.43M | $-19.23M | $-16.73M | $-74.78M | $-30.69M | $-23.03M | $-21.64M | $-67.98M | $-27.35M | $-60.71M | $-29.89M | $-34.40M | $-66.87M | $-47.99M | $-25.90M | $-20.01M | $-22.64M | $-63.25M | $-10.31M | $-31.71M | $-336.46K |
| High Forecast | $6.68M | $2.53M | $-724.90K | $4.42M | $-5.93M | $-7.57M | $-10.12M | $-9.55M | $-18.02M | $-15.60M | $-14.79M | $-16.23M | $-59.82M | $-29.77M | $-16.97M | $-21.00M | $-54.38M | $-26.53M | $-48.57M | $-29.47M | $-31.37M | $-53.50M | $-38.40M | $-20.72M | $-16.01M | $-21.25M | $-50.60M | $-8.25M | $-25.37M | $-269.17K |
| Low Forecast | $6.32M | $2.39M | $-766.95K | $4.18M | $-6.27M | $-8.01M | $-10.70M | $-10.11M | $-19.06M | $-19.85M | $-25.14M | $-17.17M | $-89.73M | $-31.50M | $-27.88M | $-22.22M | $-81.58M | $-28.07M | $-72.86M | $-30.63M | $-36.49M | $-80.25M | $-57.59M | $-31.08M | $-24.01M | $-23.73M | $-75.90M | $-12.37M | $-38.05M | $-403.75K |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.37% | 3.03% | 2.97% | - | 2.31% | 1.13% | 2.40% | 1.70% | 0.59% | 1.18% | 1.45% | 1.20% | 0.74% | -0.00% | 2.95% | 0.31% | 85.67% |
C3.ai's average Quarter net income forecast for Jan 21 is $-22.64M, with a range of $-23.73M to $-21.25M. AI's average Quarter net income forecast represents a -15190.47% decrease compared to the company's last Quarter net income of $150.00K (Jul 20).
C3.ai SG&A Forecast
| May 27 | Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 10 | 10 | 5 | 5 | 5 | 10 | 5 | 5 | 5 | 4 | 8 | 4 | 2 | 3 | 3 | 3 | 3 | 7 | 13 | 13 | 14 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $78.35M | $70.11M | $63.77M | - | $61.38M | $63.57M | $64.23M | $65.10M | $58.89M | $61.45M | $49.19M | $43.77M | $36.63M | $20.05M | $44.90M | $28.45M | $34.76M |
| Avg Forecast | $137.95M | $126.46M | $118.40M | $113.54M | $108.28M | $100.69M | $95.26M | $92.91M | $93.46M | $85.04M | $79.49M | $75.85M | $73.63M | $66.86M | $64.85M | $62.43M | $62.22M | $56.03M | $53.06M | $57.60M | $57.94M | $54.60M | $46.30M | $47.14M | $43.50M | $38.43M | $93.31M | $29.95M | $18.47M | $5.12M |
| High Forecast | $140.74M | $129.03M | $120.80M | $115.85M | $110.48M | $102.73M | $97.19M | $94.79M | $95.36M | $86.12M | $81.25M | $77.39M | $75.12M | $68.22M | $66.60M | $63.70M | $63.48M | $57.17M | $54.13M | $58.70M | $60.64M | $56.63M | $48.02M | $56.56M | $52.20M | $39.86M | $111.98M | $35.94M | $22.16M | $6.14M |
| Low Forecast | $134.77M | $123.55M | $115.68M | $110.93M | $105.79M | $98.38M | $93.07M | $90.77M | $91.31M | $83.39M | $77.93M | $74.11M | $71.93M | $65.32M | $64.38M | $61.00M | $60.79M | $54.74M | $51.84M | $56.98M | $54.01M | $52.04M | $44.13M | $37.71M | $34.80M | $36.63M | $74.65M | $23.96M | $14.77M | $4.10M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.17% | 1.08% | 1.02% | - | 1.10% | 1.20% | 1.12% | 1.12% | 1.08% | 1.33% | 1.04% | 1.01% | 0.95% | 0.21% | 1.50% | 1.54% | 6.79% |
C3.ai's average Quarter SG&A projection for May 24 is $73.63M, based on 5 Wall Street analysts, with a range of $71.93M to $75.12M. The forecast indicates a -6.03% fall compared to AI last annual SG&A of $78.35M (Jan 24).
C3.ai EPS Forecast
| May 27 | Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 10 | 10 | 5 | 5 | 5 | 10 | 5 | 5 | 5 | 4 | 8 | 4 | 2 | 3 | 3 | 3 | 3 | 7 | 13 | 13 | 14 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.60 | $-0.59 | $-0.56 | - | $-0.57 | $-0.63 | $-0.67 | $-0.55 | $-0.38 | $-0.55 | $-0.37 | $-0.25 | $-0.22 | - | $-0.41 | $-0.13 | $-0.39 |
| Avg Forecast | $0.05 | $0.02 | $-0.01 | $0.03 | $-0.05 | $-0.06 | $-0.08 | $-0.08 | $-0.15 | $-0.15 | $-0.15 | $-0.13 | $-0.30 | $-0.25 | $-0.18 | $-0.17 | $-0.17 | $-0.22 | $-0.16 | $-0.24 | $-0.29 | $-0.26 | $-0.29 | $-0.28 | $-0.25 | $-0.19 | $-1.14 | $0.20 | $0.22 | $0.25 |
| High Forecast | $0.05 | $0.02 | $-0.01 | $0.04 | $-0.05 | $-0.06 | $-0.08 | $-0.08 | $-0.14 | $-0.12 | $-0.12 | $-0.13 | $-0.29 | $-0.24 | $-0.14 | $-0.17 | $-0.16 | $-0.21 | $-0.15 | $-0.24 | $-0.26 | $-0.25 | $-0.28 | $-0.26 | $-0.24 | $-0.18 | $-0.91 | $0.24 | $0.26 | $0.30 |
| Low Forecast | $0.05 | $0.02 | $-0.01 | $0.03 | $-0.05 | $-0.06 | $-0.09 | $-0.08 | $-0.15 | $-0.16 | $-0.20 | $-0.14 | $-0.31 | $-0.25 | $-0.22 | $-0.18 | $-0.17 | $-0.22 | $-0.16 | $-0.25 | $-0.30 | $-0.28 | $-0.31 | $-0.29 | $-0.26 | $-0.20 | $-1.37 | $0.16 | $0.18 | $0.20 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.44% | 3.20% | 3.23% | - | 2.60% | 3.99% | 2.75% | 1.93% | 1.44% | 1.87% | 1.32% | 1.00% | 1.17% | -0.00% | -2.05% | -0.59% | -1.56% |
According to 3 Wall Street analysts, C3.ai's projected average Quarter EPS for Jan 21 is $-0.19, with a low estimate of $-0.20 and a high estimate of $-0.18. This represents a -9493.50% decrease compared to AI previous annual EPS of - (Jul 20).
C3.ai Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| AI | C3.ai | $21.30 | $70.50 | 230.99% | Buy |
| SNOW | Snowflake | $108.56 | $206.83 | 90.52% | Buy |
| ZM | Zoom Video Communications | $67.18 | $111.77 | 66.37% | Hold |
| SHOP | Shopify | $67.01 | $85.72 | 27.92% | Buy |
| ADSK | Autodesk | $250.37 | $282.68 | 12.90% | Buy |
| INTU | Intuit | $615.12 | $689.00 | 12.01% | Buy |
| TTD | Trade Desk | $100.31 | $107.18 | 6.85% | Buy |
| CRM | Salesforce | $243.97 | $257.51 | 5.55% | Buy |
| WDAY | Workday | $254.60 | $264.63 | 3.94% | Buy |
| NOW | ServiceNow | $825.04 | $728.75 | -11.67% | Buy |
AI Forecast FAQ
Is C3.ai a good buy?
Yes, according to 12 Wall Street analysts, C3.ai (AI) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 41.67% of AI's total ratings.
What is AI's price target?
C3.ai (AI) average price target is $70.5 with a range of $20 to $425, implying a 230.99% from its last price of $21.3. The data is based on 12 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will C3.ai stock go up soon?
According to Wall Street analysts' prediction for AI stock, the company can go up by 230.99% (from the last price of $21.3 to the average price target of $70.5), up by 1895.31% based on the highest stock price target, and down by -6.10% based on the lowest stock price target.
Can C3.ai stock reach $30?
AI's average twelve months analyst stock price target of $70.5 supports the claim that C3.ai can reach $30 in the near future.
What is C3.ai's current price target trend?
1 Wall Street analyst forecast a $24 price target for C3.ai (AI) this month, up 12.68% from its last price of $21.3. Compared to the last 3 and 12 months, the average price target increased by 12.68% and increased by 418.31%, respectively.
Did the AI's actual financial results beat the analysts' financial forecasts?
Based on C3.ai's last annual report (Apr 2022), the company's revenue was $252.76M, beating the average analysts forecast of $246.65M by 2.48%. Apple's EBITDA was $-191M, beating the average prediction of $-177M by 7.77%. The company's net income was $-192M, beating the average estimation of $-175M by 9.65%. Apple's SG&A was $234.62M, beating the average forecast of $205.98M by 13.91%. Lastly, the company's EPS was $-1.84, beating the average prediction of $-1.124 by 63.77%. In terms of the last quarterly report (Jan 2024), C3.ai's revenue was $78.4M, beating the average analysts' forecast of $76.63M by 2.31%. The company's EBITDA was $-82.546M, beating the average prediction of $-53.535M by 54.19%. C3.ai's net income was $-72.631M, beating the average estimation of $-30.691M by 136.65%. The company's SG&A was $78.35M, beating the average forecast of $66.86M by 17.19%. Lastly, the company's EPS was $-0.6, beating the average prediction of $-0.246 by 144.33%