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C3.ai Stock Sells Off After Dismal Prelminary Results
C3.aiC3.ai(US:AI) Schaeffers Investment Research·2025-08-11 22:45

C3.ai Inc (NYSE:AI) stock is at the bottom of the Nasdaq today, last seen down 26% to trade at 16.40.Theartificialintelligence(AI)softwarecompanypreannouncedthatfirstquarterearningsandrevenuewouldbedramaticallybelowestimates.Inresponse,D.A.Davidsondowngradedthestockto"underperform"from"neutral,"alongwithapricetargetcutto16.40. The artificial intelligence (AI) software company pre-announced that first-quarter earnings and revenue would be dramatically below estimates. In response, D.A. Davidson downgraded the stock to "underperform" from "neutral," along with a price-target cut to 13 from 25.UBSandWedbushtrimmedtheirpricetargetsto25. UBS and Wedbush trimmed their price targets to 23 as well. This is poised to be AI's worst single-session drop ever. The shares earlier ...