Check Out What Whales Are Doing With C3.ai
Portfolio Pulse from Benzinga Insights
Financial giants have shown a bearish sentiment towards C3.ai (NYSE:AI), with options trading analysis revealing 55% bearish versus 44% bullish trades. The trading activity suggests a price target range of $20.0 to $32.5 for C3.ai. The largest trades include both bearish and bullish positions, with significant activity in puts and calls. C3.ai's current market position shows a trading volume of 3,572,940 and a price decrease of -2.96%, with an earnings announcement expected in 7 days.

February 21, 2024 | 7:01 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
C3.ai has experienced a bearish sentiment from financial giants, with a notable volume of options trading suggesting a price target range of $20.0 to $32.5. The stock has seen a -2.96% price decrease, with an earnings announcement expected soon.
The bearish sentiment indicated by the options trading activity, combined with the recent price decrease and the upcoming earnings announcement, suggests a potential short-term negative impact on C3.ai's stock price. The significant volume of bearish trades compared to bullish ones, along with the detailed analysis of options trades, underlines the market's current skepticism towards the stock. The earnings announcement could serve as a pivotal moment for the stock, potentially exacerbating the bearish trend if the results do not meet market expectations.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100