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AICoin AI Alert: C3.ai Stock Crashes 25% on Catastrophic Q1 Earnings Miss
AICoin AI Alert: C3.ai Stock Crashes 25% on Catastrophic Q1 Earnings Miss
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AICoin AI News -
C3.ai's stock plummeted 25.4% after reporting disastrous preliminary Q1 2026 results. The AI firm posted a GAAP net loss of $124.7-$124.9 million on revenues of $70.2-$70.4 million, missing guidance by 33% and showing a 20% year-over-year decline.
D.A. Davidson analyst Gil Luria downgraded the stock to underperform, labeling the results as "catastrophic." The company faces additional challenges with CEO Tom Siebel's upcoming departure and a major sales restructuring aimed at addressing what Siebel called "completely unacceptable" performance.
While the sharp decline may present a buying opportunity, C3.ai's fundamental issues—including leadership transition and deal execution problems—suggest ongoing volatility in the NEAR term.
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