Reported 2 days ago
Oppenheimer analyst Timothy Horan has downgraded C3.ai's stock from Outperform to Perform after the company's disappointing preliminary first quarter results for fiscal 2026, with revenue expectations slashed from about $105 million to $70 million. The downgrade is compounded by the resignation of CEO Tom Siebel due to health issues, raising concerns about C3.ai's subscription services and overall business performance.
Source: YAHOO