Currently, there are 125.57M common shares owned by the public and among those 111.83M shares have been available to trade.
The company’s stock has a 5-day price change of -16.33% and 13.44% over the past three months. AI shares are trading -10.25% year to date (YTD), with the 12-month market performance up to 12.94% higher. It has a 12-month low price of $18.85 and touched a high of $45.08 over the same period. AI has an average intraday trading volume of 7.10 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -14.46%, -9.24%, and 11.74% respectively.
Institutional ownership of C3.ai Inc (NYSE: AI) shares accounts for 45.46% of the company’s 125.57M shares outstanding.
It has a market capitalization of $3.99B and a beta (3y monthly) value of 2.00. The earnings-per-share (ttm) stands at -$2.22. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.77% over the week and 7.07% over the month.
Analysts forecast that C3.ai Inc (AI) will achieve an EPS of -0.25 for the current quarter, -0.25 for the next quarter and -0.51 for current fiscal year. The lowest estimate earnings-per-share for the quarter is -0.28 while analysts give the company a high EPS estimate of -0.28. Comparatively, EPS for the current quarter was -0.13 a year ago. Earnings per share for the fiscal year are expected to decrease by -32.86%, and 18.73% over the next financial year.
Looking at the support for the AI, a number of firms have released research notes about the stock. KeyBanc Capital Markets stated their Underweight rating for the stock in a research note on December 19, 2024, with the firm’s price target at $29. JP Morgan coverage for the C3.ai Inc (AI) stock in a research note released on December 11, 2024 offered a Underweight rating with a price target of $28. Northland Capital was of a view on May 30, 2024 that the stock is Outperform, while Oppenheimer gave the stock Outperform rating on November 21, 2023, issuing a price target of $40. Northland Capital on their part issued Market Perform rating on July 25, 2023.
