OpenAI-Linked Stocks Slump on Report It Missed Key Targets

OpenAI fell short of several monthly sales targets in 2026.
Photographer: SeongJoon Cho/Bloomberg

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By Subrat Patnaik and Carmen Reinicke

April 28, 2026 at 8:58 AM UTC

Updated on

April 28, 2026 at 8:09 PM UTC

A constellation of artificial-intelligence stocks dropped after OpenAI reportedly failed to meet its sales and user targets, rekindling doubts that the hundreds of billions of dollars that big companies are plowing into the technology will deliver sufficient profits anytime soon.

The report dragged down the stocks of companies that have cut investment and business deals with OpenAI, which helped unleash the stock-market’s AI boom after the release of ChatGPT more than three years ago.