Morgan Stanley Reiterates Underweight Rating on C3.ai
- Rating
- Underweight
- Unchanged
- Target
- $7
- Unchanged
- Downside
- −38%
- AI at $11.38 today
What the analyst said
Morgan Stanley analyst Sanjit Singh reiterated an Underweight rating and $7.00 price target on C3.ai (NYSE: AI).
“Q4 revenue of $52M declined 53% YoY, marking the fourth quarter in a row of YoY decline Profitability was inline with pre-announcement but operating margins remain below -100% A significant restructuring has been completed, resulting in a 35% workforce reduction generating $135 million in annualized savings Weak bookings was blamed on sales execution, which management sees as fixable, but few details on how the company plans to return to growth were provided Trading at 5.3x CY27 Sales we remain UW as we look for evidence of improved execution and path back to topline growth and significant profitability.”
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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 +6% (from $10.71). 12-month window: day 154 of 365, closes on June 4, 2027.
Track record
This callOpen: AI has not reached $7 yet. This 12-month target is scored on June 4, 2027.
Firm track recordMorgan Stanley: 82% of its 49 targets at least a year old were reached within 12 months (#8 of 26 firms). Accuracy ranking →
Morgan Stanley on C3.ai
Morgan Stanley price targets on C3.ai
2 calls from February 26, 2026 to June 4, 2026. The target went from $6 to $7 (+17%). The rating stayed Sell.
- June 4, 2026 This noteTarget raised from $6 (+17%)Sell$7
- February 26, 2026Earliest call shownSell$6
