Weekly Performance Analysis for C3.ai Inc. (AI)

C3.ai Inc. (NYSE:AI) saw an upside of 0.11% to close Monday at $44.29 after adding $0.05 on the day. The 5-day average trading volume is 1,419,880 shares of the company’s common stock. It has gained $45.98 in the past week. An average of 2,585,645 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,819,030.

AI’s 1-month performance is -11.46% or -$5.73 on its low of $42.70 reached on 10/05/21. The company’s shares have touched a 52-week low of $42.70 and high of $183.90. YTD, AI has lost -68.08% or -$94.46. However, the current price is down -75.92%% from the 52-week high price.


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Insider Transactions

On Oct 04, 8 days have gone by since the last insider trading activity for C3.ai Inc. (AI). Behzadi Houman (Chief Product Officer) most recently sold 15,887 shares at $43.76 per share on Oct 04. This transaction cost the insider $695,246. Director, HOUSE PATRICIA A, sold 46,000 shares at a price of $49.50 on Sep 23. Then, on Sep 17, Senior VP and CMO CLEVELAND BRUCE A sold 10,000 shares at a price of $50.43 per share. This transaction amounted to $504,340.

Valuation Metrics

C3.ai Inc. (AI) has a trailing price-to-earnings (P/E) ratio of 29.20 for the broader industry and 36.91 for the sector.AI stock has a beta of 0.00. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 24.03 while the price-to-book (PB) in the most recent quarter is 4.33.

C3.ai Inc.’s quick ratio for the period ended July 30 was 8.30, with the current ratio over the same period at 8.30 meaning that AI stock is able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending July 30 was 0.00, while the total debt to equity was 0.00. In terms of profitability, the gross margin trailing 12 months is 75.90%. while for the period ending July 30; C3.ai Inc.’s operating margin was -47.90%.

Earnings Surprise

For the quarterly period ending July 30 this year, Analysts expected AI to announce -$0.28 per share in earnings in its latest quarter, but it posted -$0.22, representing a 21.40% surprise. AI stock balance sheet for the quarter ending July 30 shows that, with total debt at $4.0 million

Technical Picture

Let’s look briefly at C3.ai Inc. (AI) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 11 October was 37.75% to suggest the stock is trending Neutral, with historical volatility in this time period at 38.69%.

The stock’s 5-day moving average is $44.36, reflecting a +2.67% or $1.15 change from its current price. AI is currently trading -9.70% above its 20-day SMA, -22.19% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by -12.04% and -72.50% respectively.

Stochastic %K and %D was 22.90% and 22.22% and the average true range (ATR) pointed at 1.96. The RSI (14) points at 39.39%, while the 14-day stochastic is at 20.15% with the period’s ATR at 2.07. The stock’s 9-day MACD Oscillator is pointing at -0.22 and -1.58 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for C3.ai Inc. (NYSE: AI), Needham reiterated its a Buy rating for the company but lifted their price target by $195 to $146. Analysts offering their rating for AI stock have a consensus rating for the stock as Hold. Currently, 2 brokerage advisors rate AI as a “sell,”, while 4 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 4 have offered a “buy” rating.

What is AI’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $45.00 and a high of $122.00, with their median price target at $65.00. Looking at these predictions, the average price target given by analysts is for C3.ai Inc. (AI) stock is $69.89.

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