Wolfe Research Reiterates Underperform Rating on C3.ai
- Rating
- Underperform
- Unchanged
- Target
- $6
- Unchanged
- Downside
- −49%
- AI at $11.69 today
What the analyst said
Wolfe Research analyst Gal Munda reiterated an Underperform rating and $6.00 price target on C3.ai (NYSE: AI).
“Our Take.
While C3.AI is taking action to fix execution issues that management described as “completely unacceptable,” we don’t think the slightly higher FY27 revenue guide increases confidence in operations improving, as weak deal activity and little color from management on demonstration license revenue in FY27 leave us uncertain on the revenue quality embedded in guidance.
We reiterate our UP rating and $6 PT and would look for clearer evidence that restructuring is translating into improved agreement activity and core subscription revenue growth.”
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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 156 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 recordWolfe Research: 91% of its 11 targets at least a year old were reached within 12 months. Accuracy ranking →
Wolfe Research on C3.ai
Wolfe Research 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
