Quick Read – C3.ai (AI) stock received a modest price target increase to $8 from $7 by Canaccord Genuity, following founder Tom Siebel’s return as CEO and preliminary Q4 results showing federal bookings up 134% year over year, though revenue fell 46% year over year to $53.26M. -…
ebel’s return signals a potential stabilization turning point for C3.ai after a brutal restructuring period involving a 26% workforce reduction and mounting free cash flow losses. – The analyst who called NVIDIA in 2010 just named his top 10 stocks and C3.ai wasn’t one of them. Get them here FREE
Shares of C3.ai (NYSE:AI) caught a modest vote of confidence from Canaccord Genuity on May 13, as the firm raised its price target to $8 from $7 while keeping a Hold rating. The revision follows the release of preliminary Q4 FY2026 results and the announcement that Chairman Tom Siebel will resume his role as chief executive officer. For prudent investors, the call signals cautious acknowledgement that founder leadership and a stabilizing top line may finally be limiting the downside in C3.ai stock.
The price target raise is small in dollar terms, but the symbolism is larger. Siebel, who built Siebel Systems before founding C3.ai, is stepping back into operational control of a company whose stock has badly lagged the broader enterprise AI trade. The Analyst’s Case Canaccord updated its model on C3.ai stock after preliminary Q4 results and the leadership announcement.