C3.ai Sees Stronger Revenue But Analyst Concerned Over Profitability And Scale
1. C3.ai's revenue increased 26%, exceeding estimates at $98.8 million. 2. Analyst maintains Underweight rating, lowers price target to $27. 3. C3.ai forecasts fourth-quarter revenue between $103.6M to $113.6M. 4. C3.ai's adjusted operating margin is projected at -24%, lower than peers. 5. Price Action: AI stock down 6.24% to $25.05.