AI

C3.ai

October 12, 2026 · pre-market

Rarity
1.72
Peak move
+9.85%
Float cap
$1.6B

C3.ai is an enterprise artificial intelligence software company that sells the C3 AI Platform, a development and runtime environment for building, deploying, and operating large-scale AI applications, along with prebuilt industry-specific applications and a generative AI suite. It serves large organizations across energy, manufacturing, life sciences, defense, and government, often through partners such as Microsoft, AWS, Google Cloud, and Baker Hughes.

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What we found

5 events · 0 from SEC or newswire · 0 timed with the move
  • analyst_rating

    Northland analyst Mike Latimore upgraded C3.ai to Outperform from Market Perform and raised the price target to $16 from $10, citing the C3 Code agentic AI platform as a growth driver that shortens app development from months to days.

  • analyst_rating

    Wall Street Zen upgraded C3.ai to Hold from Sell in a note issued Sunday, October 11, 2026, with the broader consensus remaining Reduce and an average price target of $8.70.

  • peer_disclosure

    OpenAI told investors its annualized revenue reached roughly $50 billion at the end of September, below the previously circulated $68-70 billion figure, as reported by the Financial Times and confirmed by CNBC.

  • acquisition_acquirer

    Schneider Electric agreed to acquire industrial software maker PTC for $205 per share in cash, valuing PTC equity at about $22.6 billion and enterprise value at $23.7 billion, a 42.3% premium, with the deal expected to close in Q3 2027.

  • macro_data

    The US Bureau of Economic Analysis reported August personal consumption expenditures rose $190.8 billion, or 0.9%, exceeding the 0.8% consensus, while core PCE inflation was 3.0% year over year versus 3.3% expected.