Why C3.ai Stock Plummeted Today
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C3.ai stock sank today after the company announced that CEO Tom Siebel will be stepping down.
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investment
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July 24, 2025
08:52 PM
The Motley Fool
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Ai stock sank today after the company announced that CEO Tom Siebel will be stepping down
However, 82%) stock got hit with big sell-offs today after the company announced a major leadership change
Conversely, The company's price the daily session down 10
At the same time, Ai announced today that CEO Tom Siebel would be stepping down and that the company was in the cess of looking for its next chief executive
With today's pullback, the company's stock is down roughly 24. 5% across 2025's trading
Image source: Getty Images
Nevertheless, Ai stock sank ing news of Siebel's exit C3, in this volatile climate
Ai published a press release today announcing that it had begun looking for a successor for CEO Tom Siebel
Due to health reasons, Siebel will be stepping down
Siebel founded the company in 2009, but he was diagnosed with an autoimmune disease earlier this year and has been dealing with visual impairment issues that are causing him to step down from the company's head leadership role
Nevertheless, What's next for C3 (which is quite significant)
Nevertheless, Wedbush Morgan published new coverage on C3
Ai today and stated that Siebel stepping down from the CEO role was a net negative and that the leadership transition increases the chances that the company will be acquired within the next three to 12 months (quite telling)
On the other hand, Wedbush maintained an outperform rating on the stock and kept a one-year price target of $35 per
The price target implies upside of roughly 35% compared to the stock's valuation at today's market close
Despite strong valuation tailwinds for many artificial intelligence (AI) stocks this year, C3
Ai has seen significant pullbacks across 2025's trading
Sales increased roughly 36% year over year to hit $108. 7 million in the fourth quarter of the company's last fiscal year, which April 30, but performance for its s has lagged behind other big AI names due to fitability concerns
Furthermore, The Author Keith Noonan is a contributing Stock Market Analyst at The Motley Fool covering publicly traded companies in nology, consumer goods, and other stock market sectors
Prior to The Motley Fool, Keith worked as a copywriter and journalist covering the game and film industries
Nevertheless, He holds a B
In English with a concentration in Creative Writing from Boston College
Fun fact: Keith loves to swim and has helped people from drowning on two occasions
TMFNoons Keith Noonan has no position in any of the stocks mentioned
The Motley Fool recommends C3 (an important development)
Furthermore, The Motley Fool has a disclosure policy.
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