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REDWOOD CITY - Enterprise AI application software company C3 AI (NYSE:AI) has appointed Mike Clayville to its board of directors, effective November 9, 2025, according to a company press release. The appointment comes as the company, currently valued at $2.04 billion, trades near its 52-week low of $14.65, having declined nearly 57% year-to-date.
Clayville brings over 30 years of enterprise software and cloud infrastructure experience to the position. He most recently served as Chief Customer Officer at Stripe and previously led global commercial sales at Amazon Web Services, where he managed operations serving customers across 170 countries.
His career also includes senior leadership positions at VMware, BEA Systems, Tivoli Systems, and IBM, where he led digital transformation initiatives.
"Mike has spent his career helping companies grow and bring new technology to market," said Stephen Ehikian, CEO of C3 AI. "He’s seen firsthand how organizations adopt new technology, and how to build strong customer relationships."
Clayville expressed enthusiasm about joining the board, stating, "The company has real technology, real customers, and real results."
Thomas M. Siebel, Executive Chairman of C3 AI, described Clayville as "one of the most capable leaders in enterprise software and cloud computing," noting his experience building and leading successful organizations in the industry.
C3 AI describes itself as an Enterprise AI application software company offering an integrated product family that includes the C3 Agentic AI Platform, C3 AI applications, and C3 Generative AI. Despite reporting revenue of $372.1 million with 14.34% growth, the company remains unprofitable. According to InvestingPro data, C3 AI holds more cash than debt on its balance sheet and is currently slightly undervalued based on Fair Value estimates. Investors should note the company’s next earnings report is scheduled for December 3, 2025.For deeper insights into C3 AI’s financial health and growth prospects, InvestingPro offers a comprehensive Pro Research Report with expert analysis on what truly matters for this emerging AI player.
In other recent news, C3 AI is reportedly exploring a potential sale following the recent step down of founder Thomas Siebel as CEO due to health concerns. This development is in its early stages, with the company also considering other options such as raising funds from private investors. In addition, C3 AI held its 2025 Annual Meeting of Stockholders, where shareholders elected General (Ret.) John Hyten, Richard C. Levin, and Bruce Sewell as Class II directors, each set to serve until the 2028 annual meeting. UBS has raised its price target for C3 AI to $17, maintaining a Neutral rating, and noted limited visibility into the company’s fiscal year 2027 growth prospects. The company also launched the C3 AI Agentic Process Automation platform, which aims to enhance business and operational workflows using AI agents. Furthermore, C3 AI announced a strategic partnership with cloud and security firm SMX to deliver secure AI solutions for government and commercial clients. This collaboration will integrate SMX’s Elevate platform with C3 AI’s Agentic AI Platform to meet stringent security standards. These recent developments indicate an active period for C3 AI, with significant strategic and operational initiatives underway.
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