Dan Ives holds C3.ai's (AI) Street-high $15 target, but 13 of 14 analysts rate Hold or worse with consensus implying 13% downside. C3.ai's revenue fell 36% while peers Palantir (PLTR) and SoundHound (SOUN) posted 93% and 45% growth, making this an isolated execution story. Siebel personally bought 6.17 million shares at $11.16 but called recent sales 'unspeakably horrible' as free cash flow deteriorated to negative $192 million.
It sounds nuts, but SoFi1 is giving new Active Invest users up to $3,000 in stock for a limited time, and all it takes is a $50 deposit to get started.2 See for yourself (Sponsor) C3.ai (NYSE:AI) currently trades at $10.18, while Wedbush Securities analyst Dan Ives carries a Street-high price target of $15 on the enterprise AI software company, implying roughly 47% upside from here. That headline number sits far above the broader Wall Street consensus, which has drifted lower after a brutal fiscal 2026. C3.ai sells the C3 Agentic AI Platform and industry-specific enterprise AI applications, competing for federal, defense, and industrial AI dollars.
Founder Thomas Siebel returned as CEO in June and personally bought 6.17 million shares at $11.16, betting his own capital on a turnaround. Fiscal 2026 revenue landed at $250.27 million, down 35.67% year over year, with Q4 showing revenue of $51.60 million, a 52.5% year-over-year decline. GAAP gross margin collapsed from 62% to 22%, and full-year free cash flow deteriorated to negative $192.14 million.
Siebel called the recent sales performance "unspeakably horrible" and said "sales just fell off the cliff" across the last five quarters. FY2027 revenue guidance of $210 million to $240 million implies further shrinkage before recovery. Shares are off 45.27% over the past year and 24.48% year to date.
Securities class actions emerged after the Q1 FY2026 disclosure around Siebel's earlier health issues. SoFi Active Invest is offering a limited-time promotion. Open an account, fund it with $50 or more, and you could receive up to $3,000 in complimentary stock for Active Invest accounts.
See for yourself by clicking here now. Ives maintains an Outperform rating with the $15 target, the Street-high across all coverage. His thesis rests on three pillars: C3.ai as an early enterprise pure-play for federal and commercial generative AI adoption, the shift toward consumption-based pricing to lower deployment friction, and a partner-led motion through Microsoft Azure, AWS, and Google Cloud.
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