C3.ai Inc [NYSE: AI] gained 0.71% or 0.25 points to close at $35.71 with a heavy trading volume of 2677596 shares.
The daily chart for AI points out that the company has recorded 28.79% gains over the past six months.
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If we look at the average trading volume of 6.75M shares, AI reached to a volume of 2677596 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about C3.ai Inc [AI]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AI shares is $36.15 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AI stock is a recommendation set at 3.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
KeyBanc Capital Markets have made an estimate for C3.ai Inc shares, keeping their opinion on the stock as Underweight, with their previous recommendation back on December 19, 2024. The new note on the price target was released on December 11, 2024, representing the official price target for C3.ai Inc stock. Previously, the target price had yet another raise to $35, while Northland Capital analysts kept a Outperform rating on AI stock.
The Average True Range (ATR) for C3.ai Inc is set at 3.02, with the Price to Sales ratio for AI stock in the period of the last 12 months amounting to 13.39. The Price to Book ratio for the last quarter was 5.37, with the Price to Cash per share for the same quarter was set at 5.62.
Trading performance analysis for AI stock
C3.ai Inc [AI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -16.95. With this latest performance, AI shares dropped by -4.87% in over the last four-week period, additionally plugging by 28.79% over the last 6 months – not to mention a rise of 23.86% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AI stock in for the last two-week period is set at 48.45, with the RSI for the last a single of trading hit 42.80, and the three-weeks RSI is set at 52.32 for C3.ai Inc [AI]. The present Moving Average for the last 50 days of trading for this stock 31.92, while it was recorded at 36.53 for the last single week of trading, and 27.30 for the last 200 days.
C3.ai Inc [AI]: A deeper dive into fundamental analysis
C3.ai Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 7.52 and a Current Ratio set at 7.52.
An analysis of Institutional ownership at C3.ai Inc [AI]
There are presently around $49.93%, or 54.86%% of AI stock, in the hands of institutional investors. The top three institutional holders of AI stocks are: VANGUARD GROUP INC with ownership of 11.52 million shares, which is approximately 9.6544%. BLACKROCK INC., holding 7.47 million shares of the stock with an approximate value of $$216.42 million in AI stocks shares; and BLACKROCK INC., currently with $$183.71 million in AI stock with ownership which is approximately 5.0758%.
