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Wedbush analyst Dan Ives expects C3.ai (AI) to return 50%, setting a Street-high price target of $15, despite a 35.67% revenue decline in fiscal 2026
svmuu.com14/08/2026 13:11
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Wedbush Securities analyst Dan Ives maintains an Outperform rating on enterprise AI software company C3.ai (AI) with a $15 price target, implying roughly 47% upside from its current trading price of $10.18. This target is significantly higher than the broader Wall Street consensus of $8.82. The company reported fiscal 2026 revenue of $250.27 million, down 35.67% year-over-year, with full-year free cash flow deteriorating to negative $192.14 million. C3.ai's founder and CEO Thomas Siebel personally bought 6.17 million shares at $11.16 and described recent sales performance as "unspeakably horrible."
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