C3.ai Stock News

Shares of C3.ai (AI) plunged after the AI software provider posted preliminary financial results that fell well short of the company's own expectations and that the CEO called "unacceptable."

Shares of C3.ai (AI -25.78%) are falling hard on Monday, down 25.4% as of 2:33 p.m. ET. The drop comes as the S&P 500 and Nasdaq Composite were mostly flat.

Major U.S. equities indexes were little changed in recent trading ahead of key corporate earnings and inflation data due later in the week.

The enterprise-AI software company expects to report disappointing results, and some on Wall Street think it could take more time to right the ship.

C3.ai Inc (NYSE:AI) stock is at the bottom of the Nasdaq today, last seen down 26% to trade at $16.40.

C3 AI stock tanked after it announced preliminary financial results and a restructuring of its global sales and services organization. C3 AI said it expects to report revenue between $70.2 million and $70.4 million for its fiscal first quarter 2026.

C3.ai shares were set for heavy losses on Monday, falling by more than 31% after the artificial intelligence software maker warned that its latest quarterly results would fall far short of expectations. The company's preliminary figures for the July quarter revealed revenue of around $70.3 million — roughly 33% below its previous guidance.

Goldman Sachs finds U.S. companies are absorbing 64% of tariff costs, impacting inflation. Nvidia and AMD will pay 15% of China AI chip sales revenue to the U.S. government for export licenses, aiming to maintain market access.