Shares of C3AI, trading under the ticker (AI, Financial), experienced a significant boost, climbing 17% to reach $26.89. This upward movement came in response to the company's impressive fourth-quarter performance and optimistic future guidance. Investors reacted positively as the company unveiled results that exceeded expectations, along with a strong outlook for the coming quarters.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 13 analysts, the average target price for C3.ai Inc (AI, Financial) is $30.46 with a high estimate of $56.00 and a low estimate of $15.00. The average target implies an upside of 32.32% from the current price of $23.02. More detailed estimate data can be found on the C3.ai Inc (AI) Forecast page.
Based on the consensus recommendation from 15 brokerage firms, C3.ai Inc's (AI, Financial) average brokerage recommendation is currently 3.0, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for C3.ai Inc (AI, Financial) in one year is $35.74, suggesting a upside of 55.26% from the current price of $23.02. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the C3.ai Inc (AI) Summary page.
