Unpacking the Latest Options Trading Trends in C3.ai
Portfolio Pulse from Benzinga Insights
Recent options trading trends for C3.ai (NYSE:AI) show a bearish sentiment among financial giants, with 62% of trades indicating bearish tendencies. The trading activity suggests a target price range of $22.5 to $35.0 for C3.ai. Notable options activity includes both bullish and bearish trades with varying expiration dates and strike prices. C3.ai, an enterprise AI company, is currently trading at $28.09, with a slight decrease of -1.02%. Analyst ratings from Piper Sandler, B of A Securities, and Canaccord Genuity offer mixed views, with target prices ranging from $20 to $33.
March 22, 2024 | 6:16 pm
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NEUTRAL IMPACT
C3.ai's bearish options trading trend and mixed analyst ratings suggest a volatile short-term outlook. The stock's slight decrease and the target price range indicate potential fluctuations.
The bearish sentiment in options trading, combined with mixed analyst ratings, creates uncertainty around C3.ai's stock price. However, the specific target price range and the current slight decrease in stock price suggest that while fluctuations are expected, they may not be drastic. The relevance is high as the article directly discusses C3.ai's stock and options trading. The importance is significant due to the potential impact on stock price movements. Confidence in this analysis is based on the detailed options trading data and analyst ratings provided.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100