DDA Davidson CC3.ai · AI
DA Davidson Reiterates Underperform Rating on C3.ai (May 13)
Rating
Sell
Price target
$7
Previous
$7
Implied downside
-20%
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.”
Disclaimer
The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.
The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.
This research note is reproduced verbatim from the issuing firm. Price Target never edits, paraphrases or alters analysts’ words — we only republish them in one place.





