What 6 Analyst Ratings Have To Say About C3.ai
Portfolio Pulse from Benzinga Insights
C3.ai (NYSE:AI) received mixed analyst ratings with a trend towards neutral positions. Six analysts provided ratings, with five being indifferent and one somewhat bearish. The average 12-month price target is $27.67, showing a 6.42% increase from the previous $26.00. Analysts from firms like Piper Sandler and B of A Securities adjusted their price targets, reflecting a nuanced view of C3.ai's market performance. Despite a positive revenue trend, C3.ai's financial indicators such as net margin and ROE lag behind industry averages, suggesting challenges ahead.
March 04, 2024 | 1:00 pm
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C3.ai received mixed ratings from analysts, with a neutral to somewhat bearish outlook. The average 12-month price target increased to $27.67, indicating potential growth. However, financial challenges such as low net margin and ROE could impact investor sentiment.
The mixed analyst ratings with a majority leaning towards neutral positions suggest a cautious outlook on C3.ai's stock. The increase in the average price target indicates a potential for growth, but the company's financial challenges, such as a low net margin and ROE, could dampen investor enthusiasm in the short term. The detailed analysis of C3.ai's financial health and analyst adjustments to ratings and price targets provide a comprehensive view of the company's current market standing and future prospects.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100