Canaccord Cuts C3.AI’s Price Target to $16

Canaccord Genuity analyst David Hynes Jr. lowered on September 5, 2025, the price target on C3.AI to $16 (from $28), while maintaining a ‘Hold’ rating on the stock.

“From a stock perspective, we still see a wide range of outcomes with growth almost certainly declining on a yoy basis this year before ostensibly returning to 20%+ growth on easing comps next year.

It will take some time for the market to regain confidence in the C3 story.

What’s more, while we place a much greater emphasis on growth prospects in our valuation methodology, profitability still matters.

We are reiterating our HOLD rating and moving our PT to $16 (from $28), reflecting ~5x (from 7x) our revised CY26E sales.”

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