Citizens Reaffirms Market Perform on C3.ai

Oct 2, 2026 Analyst: Patrick Walravens 1 min read Reproduced verbatim
Citizens JMP and C3.ai logos
Rating
Hold
Price target
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Previous
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Implied upside
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Citizens analyst Patrick Walravens reiterated a Market Perform rating on c3.ai (NYSE: AI).

“We maintain our Market Perform rating on C3.ai after visiting the company’s headquarters on October 1 in Redwood City, CA, where we met with CFO Hitesh Lath, CPO Rohit Sureka, CTO and Chief AI Officer Nikhil Krishnan, Senior Product Manager of C3 Code Hadas Levi, Head of Investor Relations Amit Berry, and Advisor and former CFO Paul Phillips for an update on C3 Code, and after the stock has fallen ~18% YTD versus an increase of ~11% for the Russell 3000.”

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