KeyBanc Reiterates Underweight Rating on C3.ai
- Rating
- Underweight
- Unchanged
- Target
- $6
- Unchanged
- Downside
- −49%
- AI at $11.69 today
What the analyst said
KeyBanc analyst Eric Heath reiterated an Underweight rating and $6.00 price target on C3.ai (NYSE: AI).
“Modest F4Q Revenue Beat; Visibility into Profitability and a Return to Growth Still Uncertain; Reiterate Underweight following a modest F4Q revenue beat and FY27 guide above.
In Tom Siebel’s first quarter back as CEO, F4Q revenue beat by 2%, driven by a solid subs revenue beat.
Mgmt called recent sales performance “entirely unacceptable” and is refocusing GTM, noting it is on the path to realizing $130M of the total $135M savings planned from the recent restructuring.
We view the steps to improve costs and sales execution as positive for the business but remain cautious on the large losses and low visibility into a path back toward growth. Maintain $6 PT.”
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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 $6 target is 50% below the median, the lowest on the Street.
Since the note AI has moved +9% (from $10.71). 12-month window: day 157 of 365, closes on June 4, 2027.
Track record
This callOpen: AI has not reached $6 yet. This 12-month target is scored on June 4, 2027.
Firm track recordKeyBanc: 79% of its 24 targets at least a year old were reached within 12 months (#13 of 26 firms). Accuracy ranking →
KeyBanc on C3.ai
KeyBanc price targets on C3.ai
2 calls from February 26, 2026 to June 4, 2026. The target stayed at $6. The rating stayed Sell.
- June 4, 2026 This noteKept the $6 targetSell$6
- February 26, 2026Earliest call shownSell$6
