Shares of C3AI (AI, Financial) are witnessing heightened bullish sentiment in the options market, with a significant increase in call option activity detected. A total of 72,324 calls were traded, doubling the typical volume expectations. This surge has driven the implied volatility upward by nearly 14 percentage points, reaching 56.65%.
The most active options include the July 25 $30 calls and the August 25 $35 calls, which together saw a volume of around 41,700 contracts. The Put/Call Ratio stands at a notably low 0.04, indicating a strong preference for call options over puts. Investors are likely anticipating C3AI’s upcoming earnings report, expected on September 3rd, as a key driver for this activity.
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 $29.16 with a high estimate of $50.00 and a low estimate of $15.00. The average target implies an upside of 17.16% from the current price of $24.89. 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 $34.81, suggesting a upside of 39.86% from the current price of $24.89. 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.
