Shares of C3AI (AI, Financial) saw a rise of 98 cents, marking a 4.17% increase to approximately $24.62. The stock's options activity surged beyond usual levels, with 96,000 contracts exchanged, favoring calls over puts. This activity resulted in a put/call ratio of 0.08, significantly below the typical 0.3. Implied volatility (IV30) rose by 9 points to about 52.11, situated in the lower 25% of its range over the past year. This indicates an anticipated daily stock movement of 81 cents. Additionally, the flattening of the put-call skew hints at a slightly optimistic market sentiment.
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 18.19% from the current price of $24.68. 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 41.07% from the current price of $24.675. 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.
