DA Davidson Reiterates Underperform Rating on C3.ai (May 13)
- Rating
- Underperform
- Unchanged
- Target
- $7
- Unchanged
- Downside
- −38%
- AI at $11.38 today
What the analyst said
DA Davidson analyst Lucky Schreiner reiterated an Underperform rating and $7.00 price target on C3.ai (NYSE: AI).
“We reiterate our UNDERPERFORM and price target of $7 after the company reported preliminary results this morning in-line with guidance and announced the return of Tom Siebel as CEO.
Bookings came in worse than expected and revenue continues to decline. We still see an elongated timeline for business trends to improve.”
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Where the price stands
AI trades at $11.38. The 3 analysts who set a target in the last 3 months range from $7 to $12.50, with a median of $12. This $7 target is 42% below the median, the lowest on the Street.
Since the note AI has moved +29% (from $8.79). 12-month window: day 176 of 365, closes on May 13, 2027.
Track record
This callOpen: AI has not reached $7 yet. This 12-month target is scored on May 13, 2027.
Firm track recordDA Davidson: 68% of its 19 targets at least a year old were reached within 12 months (#19 of 26 firms). Accuracy ranking →
DA Davidson on C3.ai
DA Davidson price targets on C3.ai
4 calls from February 26, 2026 to September 1, 2026. The target stayed at $7. The rating stayed Sell.
- September 1, 2026Kept the $7 targetSell$7
- June 4, 2026Kept the $7 targetSell$7
- May 13, 2026 This noteKept the $7 targetSell$7
- February 26, 2026Earliest call shownSell$7
