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Wolfe Research Reiterates Underperform Rating on c3.ai (AI), PT $15
February 27, 2025 8:54 AM ESTWolfe Research analyst Gal Munda reiterated an Underperform rating and $15.00 price target on c3.ai (NYSE: AI).
The analyst comments "Key Thoughts. AI reported F3Q25 results that were ahead of guidance on revenue (+0.8%) and operating loss (+$19.5M), and increased FY25 revenue to $388.9M (+25% Y/Y, +$0.9M vs. prior) and decreased operating loss guidance to $92M (vs. $120M prior). Operating loss was substantially better than the guide due to an increased focus on managing expenses and reducing marketing spend, to... More
