Core Viewpoint - C3.ai, Inc. (AI) shows potential for upside in stock price, with a mean price target of $30.09 indicating a 25.5% increase from the current price of $23.98 [1] Price Targets and Estimates - The mean estimate consists of 11 short-term price targets with a standard deviation of $10.18, indicating variability among analysts [2] - The lowest estimate is $18.00, suggesting a 24.9% decline, while the highest estimate is $50.00, indicating a potential surge of 108.5% [2] - Analysts' price targets can often mislead investors, as empirical research shows they rarely indicate actual stock price movements [7][10] Earnings Estimates - Analysts have shown increasing optimism regarding C3.ai's earnings prospects, with a strong agreement in revising EPS estimates higher [11] - The Zacks Consensus Estimate for the current year has increased by 9.3% over the past month, with four estimates going higher and two lower [12] - C3.ai holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [13] Analyst Agreement - A low standard deviation in price targets indicates a high degree of agreement among analysts regarding the stock's price movement [9] - While price targets should not be the sole basis for investment decisions, they can provide a starting point for further research into fundamental drivers [9][10]
How Much Upside is Left in C3.ai (AI)? Wall Street Analysts Think 25.48%