Oppenheimer cuts C3.ai rating after steep revenue warning, CEO exit
The company now expects revenue of about $70 million for the quarter ended July, down from its prior forecast of around $105 million and implying a 35% sequential drop. The brokerage said the decline is especially concerning given the recurring nature of C3.ai's subscription revenue.
Non-GAAP operating loss is also projected to widen to roughly $58 million from a prior forecast of $29 million. Founder and CEO Tom Siebel will step down for health reasons, with new leadership in place following a completed restructuring.'We are concerned that these results indicate secular weakness in underlying trends. The company is very difficult to forecast, but we are reducing estimates dramatically'
Oppenheimer said the results point to possible long-term weakness in demand, prompting it to cut its full-year revenue forecast by more than a third and to scale back 2027 expectations to match the new 2026 outlook.
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For staff, finding out the root cause of your unhappiness might be the key to stop quiet cracking in its tracks,' Poduška explains. 'If you feel like there are no opportunities for progression with your role, you may find it worthwhile to talk to your manager about a development plan. This can give you something to work toward, which may help combat boredom and spark your motivation.' However, not every company is going to be invested in developing their workers, even if they voice the need for it. In that case, Poduška advises that staffers take a hard look at the business they work for. He recommends that employees question if their jobs feel sustainable and if they feel adequately supported by their teams. If not, a new employer—or even career—could be the answer. 'Another way to stop quiet cracking is to change things up. You could ask yourself if the role you're currently in is right for you,' Poduška says. 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