C3.ai Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

C3.ai, Inc. AI will release earnings results for the fiscal second quarter, after the closing bell on Monday, Dec. 9.

Analysts expect the Redwood City, California-based company to report quarterly loss at 16 cents per share, versus a year-ago loss of 13 cents per share. C3.ai projects to report revenue of $91.02 million for the recent quarter, compared to $73.23 million a year earlier, according to data from Benzinga Pro.

On Nov. 20, C3.ai expanded partnership with Capgemini. This new collaboration aims to accelerate the delivery of Enterprise AI solutions across various industries, helping clients enhance efficiency, productivity, and reduce costs.

C3.ai shares fell 0.3% to close at $37.49 on Thursday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

• DA Davidson analyst Gil Luria maintained a Neutral rating and raised the price target from $20 to $35 on Dec. 5. This analyst has an accuracy rate of 74%.
• Oppenheimer analyst Timothy Horan maintained an Outperform rating with a price target of $40 on Sept. 5. This analyst has an accuracy rate of 73%.
• B of A Securities analyst Brad Sills maintained an Underperform rating and cut the price target from $24 to $20 on Sept. 5. This analyst has an accuracy rate of 65%.
• Canaccord Genuity analyst Kingsley Crane maintained a Hold rating and cut the price target from $30 to $23 on Sept. 5. This analyst has an accuracy rate of 72%.
• Wedbush analyst Daniel Ives maintained an Outperform rating and slashed the price target from $40 to $30 on Sept. 5. This analyst has an accuracy rate of 80%.

Considering buying AI stock? Here’s what analysts think:

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