Fintel said on April 10, 2023, DA Davidson repeated a report on C3.ai (NYSE:AI), buy recommendation.
Analyst Price Forecast Suggests 9.19% Decline
As of April 6, 2023, C3.ai’s 1-year average price target is $20.74. Predictions range from as low as $12.12 to as high as $31.50. The average price target represents a 9.19% decline from the latest reported closing price of $22.84.
Check out our leaderboard of companies with the biggest price target upside.
C3.ai projected annual revenue of $269 million, an increase of 0.98%. Projected full-year non-GAAP EPS is -$0.76.
What are other shareholders doing?
WTAI – WisdomTree Artificial Intelligence and Innovation Fund NA holds 1,000 shares representing 0.00% ownership of the company. In previous filings, the company reported that it owned 0,000 shares of him.
AI portfolio allocation increased 64.15% last quarter.
Advisory Services Network holds 2,000 shares representing 0.00% ownership of the company. In previous filings, the company reported that it owned 0,000 shares of him.
FCFMX – Fidelity Series Total Market Index Fund holds 98,000 shares representing a 0.09% ownership interest in the company. In previous filings, the company reported that it owned 83,000 of his shares.
AI portfolio allocation increased 18.22% last quarter.
The SCHA – Schwab US Small-Cap ETF holds 343,000 shares representing a 0.31% ownership interest in the company. In previous filings, the company reported he owned 283,000 shares.
AI portfolio allocation increased 15.96% last quarter.
TISBX – TIAA-CREF Small-Cap Blend Index Fund Institutional Class holds 79,000 shares representing a 0.07% ownership interest in the company. In previous filings, the company reported that it owned 96,000 of his shares.
AI portfolio allocation increased 20.88% last quarter.
What is Fund Sentiment?
C3.ai has 375 funds or institutions reporting positions. That’s a decrease of 21 owners or 5.30% over the last quarter.Portfolio average weight of all funds Dedicated to AI is 0.08%, an increase of 36.82%. The total number of shares owned by institutions decreased by 3.74% over the past three months to 45,779,000 shares.
AI’s put/call ratio stands at 0.74, indicating a bullish outlook.
C3.ai background information
(This description is provided by the company.)
C3.ai, Inc. is a leading provider of enterprise AI software that accelerates digital transformation. C3 AI offers a fully integrated product family. C3 AI Applications, a portfolio of industry-specific SaaS AI applications. C3 AI CRM, a suite of industry-specific CRM applications designed for AI and machine learning. C3 AI Ex Machina is a no-code AI solution for applying data science to everyday business problems. At the core of the C3 AI offering is an open, model-driven AI architecture that greatly simplifies data science and application development.
See all C3.ai regulatory filings.
This story was originally published in Fintel.
The views and opinions expressed herein are those of the authors and do not necessarily reflect those of Nasdaq, Inc.