DA Davidson Reiterates Underperform Rating on C3.ai

DA Davidson analyst Lucky Schreiner reiterated an Underperform rating and $7.00 price target on C3.ai (NYSE: AI).

“C3.ai reported 4Q26 earnings consistent with preliminary results with revenue coming in towards the high end of its guidance range.

In conjunction with Tom Siebel resuming the CEO role, he purchased just under $70M worth of shares at a price of $11.16 per share.

FY27 guidance bracketed consensus expectations while bookings came in lighter than expected.

We continue to see an elongated timeline for business trends to improve and maintain our UNDERPERFORM rating.”

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