C3 AI price target lowered to $8 from $10 at BofA

BofA analyst Koji Ikeda lowered the firm’s price target on C3 AI (AI) to $8 from $10 and keeps an Underperform rating on the shares. C3 reported soft results and lowered its FY26 total revenue outlook by 17% to $249M at the midpoint, which is “well below” the firm’s and Street’s estimates and represents the second time the company had to reset its outlook in the past six months, the analyst tells investors.