In Friday’s Wall Street session, C3.ai Inc (NYSE:AI) shares traded at $26.59, down -4.35% from the previous session.
AI stock price is now 20.39% away from the 50-day moving average and -1.79% away from the 200-day moving average. The market capitalization of the company currently stands at $3.53B.
With the price target maintained at $29, KeyBanc Capital Markets recently Downgraded its rating from Sector Weight to Underweight for C3.ai Inc (NYSE: AI). On December 11, 2024, JP Morgan Downgraded its previous ‘Neutral’ rating to ‘Underweight’ on the stock keeping its target price maintained at $28, while ‘Northland Capital’ rates the stock as ‘Outperform’
In other news, Witteveen Merel, Officer bought 4,951 shares of the company’s stock on May 29 ’25. The stock was bought for $136,795 at an average price of $27.63. An SEC document containing details of the transaction can be found on the SEC’s website. On May 29 ’25, Officer Lath Hitesh bought 4,368 shares of the business’s stock. A total of $128,652 was incurred on buying the stock at an average price of $29.45. A total of 11.59% of the company’s stock is owned by insiders.
During the past 12 months, C3.ai Inc has had a low of $17.03 and a high of $45.08. As of last week, the company has a debt-to-equity ratio of 0.01, a current ratio of 6.86, and a quick ratio of 6.74.
The net profit margin was -74.21% and return on equity was -33.73% for AI. The company reported revenue of $98.78 million for the quarter, compared to $78.4 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 26.0 percent.
