Canaccord Raises C3.ai Price Target to $8
- Rating
- Hold
- Target
- $8
- from $7 (+14%)
- Downside
- −32%
- AI at $11.69 today
What the analyst said
Canaccord analyst David Hynes Jr. raised the price target on C3.ai (NYSE: AI) to $8.00 (from $7.00) while maintaining a Hold rating.
“We’re raising our PT to $8 (from $7), reflecting 3.3x EV/CY27E sales (vs. 2.6x EV/CY27E sales), while reiterating our HOLD rating. We view Mr.
Siebel’s return to CEO as incrementally positive for reported revenue next year.
Despite limited visibility into improving growth trends, and FY27 shaping up to be a very difficult year to demonstrate yoy growth given the sharp sequential 2H’26 decline in run rate revenue, the market remains optimistic regarding C3’s ability to right the ship and re-accelerate.
Broad-based demand for AI services paired with Siebel’s proven track record driving sales for the company inform our marginally improved assigned multiple.”
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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 $8 target is 33% below the median.
Since the note AI has moved +33% (from $8.79). 12-month window: day 178 of 365, closes on May 13, 2027.
Track record
This callOpen: AI has not reached $8 yet. This 12-month target is scored on May 13, 2027.
Firm track recordCanaccord Genuity: 56% of its 9 targets at least a year old were reached within 12 months. Accuracy ranking →
Canaccord Genuity on C3.ai
Canaccord Genuity price targets on C3.ai
3 calls from February 26, 2026 to June 4, 2026. The target went from $7 to $10 (+43%). The rating stayed Hold.
- June 4, 2026Target raised from $8 (+25%)Hold$10
- May 13, 2026 This noteTarget raised from $7 (+14%)Hold$8
- February 26, 2026Earliest call shownHold$7
