KeyBanc Lowers C3.ai Price Target to $6
- Rating
- Underweight
- Target
- $6
- from $10 (−40%)
- Downside
- −49%
- AI at $11.69 today
What the analyst said
KeyBanc analyst Eric Heath lowered the price target on C3.ai (NYSE: AI) to $6.00 (from $10.00) while maintaining an Underweight rating.
“F3Q Miss and Guide Below on Execution Missteps; Reiterate underweight following a significant F3Q miss and guide below due to sales misexecution.
F3Q revenue missed by 30% and F4Q revenue guided below by 36%. In response, mgmt instituted a $135M cost restructuring plan, including a 26% workforce reduction.
While a positive to address the cost structure of the business, visibility into revenue stabilization is low and we meaningfully lower estimates and continue to project large losses through our forecast period.
As such we lower our estimates and lower PT to $6.”
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Where the price stands
AI trades at $11.69. The 3 analysts who set a target in the last 3 months range from $7 to $12.50, with a median of $12. This $6 target is 50% below the median, the lowest on the Street.
Since the note AI has moved +13% (from $10.31). 12-month window: day 254 of 365, closes on February 26, 2027.
Track record
This callOpen: AI has not reached $6 yet. This 12-month target is scored on February 26, 2027.
Firm track recordKeyBanc: 79% of its 24 targets at least a year old were reached within 12 months (#13 of 26 firms). Accuracy ranking →
KeyBanc on C3.ai
KeyBanc price targets on C3.ai
2 calls from February 26, 2026 to June 4, 2026. The target stayed at $6. The rating stayed Sell.
- June 4, 2026Kept the $6 targetSell$6
- February 26, 2026 This noteEarliest call shownSell$6
