nadla / iStock via Getty Images Quick Read C3.ai (AI) stock has dropped 59% over the past year to a $2B market cap. The company is down 92% from its peak. C3.ai revenue fell 20% year-over-year to $75.1M. The company burned through $86M in cash over the last four quarters. C3.ai withdrew full-year guidance after CEO Thomas Siebel resigned due to health issues. If you’re thinking about retiring or know someone who is, there are three quick questions causing many Americans to realize they can retire e ...

Core Insights - C3.ai is struggling to capitalize on the growth of the AI market despite being in the enterprise AI software business for several years [2][10] - The company has faced executional missteps and inconsistent business strategies, leading to poor financial performance [4][12] Company Performance - C3.ai's revenue for the first quarter of fiscal 2026 dropped nearly 20% year-over-year to $70.3 million, with a projected fiscal Q2 revenue of $76 million indicating another 19% year-over-year decline [7][10] - The company has not provided full-year guidance, reflecting uncertainty in its financial outlook [7][10] Business Strategy - C3.ai has undergone multiple pivots in its business model, including a shift from subscription-based to consumption-based revenue three years ago, which negatively impacted growth [9][10] - The company has partnered with major cloud computing firms like Microsoft, Google, and Amazon, with 40 out of 46 agreements in the last quarter coming through these partners [5][6] Management and Restructuring - C3.ai's founder, Thomas Siebel, cited health issues and a reorganization of sales and service personnel as factors contributing to the company's poor performance [8][10] - The company has completed a restructuring of its sales and service operations and is in the process of hiring a new CEO, indicating ongoing challenges in achieving operational consistency [10][11] Market Potential - The generative AI software market is experiencing significant growth, reportedly at an annual pace of almost 41%, providing a potential opportunity for C3.ai to recover [10] - C3.ai's net cash position of approximately $650 million offers the company the ability to invest in marketing, acquisitions, or product development [14][15]