NYSE:ONTF

ON24 (ONTF) Stock Price, News & Analysis

$6.46
+0.10 (+1.57%)
(As of 04:27 PM ET)
Today's Range
$6.43
$6.55
50-Day Range
$6.32
$7.28
52-Week Range
$5.73
$9.09
Volume
168,699 shs
Average Volume
218,058 shs
Market Capitalization
$270.48 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$8.00

ON24 MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
23.8% Upside
$8.00 Price Target
Short Interest
Healthy
1.68% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.15mentions of ON24 in the last 14 days
Based on 17 Articles This Week
Insider Trading
Selling Shares
$648,511 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.60) to ($0.41) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.34 out of 5 stars

Computer And Technology Sector

274th out of 599 stocks

Prepackaged Software Industry

86th out of 203 stocks

ONTF stock logo

About ON24 Stock (NYSE:ONTF)

ON24, Inc. provides a cloud-based intelligent engagement platform that enables businesses to convert customer engagement into revenue through interactive webinar, virtual event, and multimedia content experiences worldwide. The company provides ON24 Elite, for live and interactive webinar experience; ON24 Breakouts, for live breakout room experience that facilitates networking, collaboration, and interactivity between users; ON24 Forums, for live and interactive experience, which facilitates video-to-video interaction between presenters and audiences; ON24 Go Live, for live and interactive video event experience that enables presenters and attendees to engage face-to-face in real-time; and ON24 Virtual Confrence, for live and large scale managed virtual event experience. It also offers ON24 Engagement Hub, for always-on multimedia content experience; ON24 Target, for personalized and curated landing page experience; ON24 Intelligence, for analytics backbone that captures first-person data to power the insights, benchmarking, reporting, and artificial intelligence and machine learning engine; ON24 AI-powered ACE, for enabling hyper-personalization at scale across ON24 experiences; ON24 Connect, for ecosystem of third-party application integrations; and ON24 Services and Platform Support, which provides a portfolio of professional services that provide consulting and support for product and platform adoption. In addition, the company offers consulting services, such as experience management, monitoring and production, implementation, and other support services. It sells its products through direct sales. The company serves technology, financial services, healthcare, industrial and manufacturing, professional services, and business-to-business information service companies. The company was formerly known as NewsDirect, Inc. and changed its name to ON24, Inc. in December 1998. ON24, Inc. was incorporated in 1998 and is headquartered in San Francisco, California.

ONTF Stock Price History

ONTF Stock News Headlines

Needham & Company LLC Reiterates Hold Rating for ON24 (NYSE:ONTF)
William Blair Reaffirms Their Hold Rating on ON24 (ONTF)
ON24's (NYSE:ONTF) Q1 Sales Top Estimates
ON24 Inc Ordinary Shares
Is ON24, Inc. (NYSE:ONTF) Trading At A 21% Discount?
ONTF Apr 2024 10.000 call
ONTF Apr 2024 10.000 put
Needham Keeps Their Hold Rating on ON24 (ONTF)
ON24 Inc (ONTF) CFO Steven Vattuone Sells 26,460 Shares
See More Headlines
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Company Calendar

Last Earnings
2/22/2024
Today
5/13/2024
Next Earnings (Estimated)
8/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Fax
N/A
Employees
462
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$8.00
High Stock Price Target
$9.00
Low Stock Price Target
$7.00
Potential Upside/Downside
+23.3%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$-51,790,000.00
Pretax Margin
-27.53%

Debt

Sales & Book Value

Annual Sales
$163.71 million
Book Value
$4.34 per share

Miscellaneous

Free Float
30,436,000
Market Cap
$271.74 million
Optionable
Optionable
Beta
0.49
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ONTF Stock Analysis - Frequently Asked Questions

Should I buy or sell ON24 stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ON24 in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ONTF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ONTF, but not buy additional shares or sell existing shares.
View ONTF analyst ratings
or view top-rated stocks.

What is ON24's stock price target for 2024?

3 Wall Street research analysts have issued 12-month price targets for ON24's shares. Their ONTF share price targets range from $7.00 to $9.00. On average, they predict the company's stock price to reach $8.00 in the next year. This suggests a possible upside of 23.8% from the stock's current price.
View analysts price targets for ONTF
or view top-rated stocks among Wall Street analysts.

How have ONTF shares performed in 2024?

ON24's stock was trading at $7.88 at the start of the year. Since then, ONTF shares have decreased by 18.0% and is now trading at $6.46.
View the best growth stocks for 2024 here
.

When is ON24's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024.
View our ONTF earnings forecast
.

How were ON24's earnings last quarter?

ON24, Inc. (NYSE:ONTF) announced its earnings results on Thursday, February, 22nd. The company reported ($0.23) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.02 by $0.25. The company had revenue of $39.34 million for the quarter, compared to analyst estimates of $37.29 million. ON24 had a negative net margin of 28.35% and a negative trailing twelve-month return on equity of 19.97%. During the same quarter last year, the firm posted ($0.23) earnings per share.

How often does ON24 pay dividends? What is the dividend yield for ON24?

ON24 declared a dividend on Wednesday, May 17th. Shareholders of record on Monday, May 22nd will be given a dividend of $1.09 per share on Thursday, June 15th. This represents a yield of 12.67%. The ex-dividend date is Friday, May 19th.
Read our dividend analysis for ONTF
.

What guidance has ON24 issued on next quarter's earnings?

ON24 updated its second quarter 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share guidance of 0.000-0.020 for the period, compared to the consensus estimate of 0.010. The company issued revenue guidance of $35.8 million-$36.8 million, compared to the consensus revenue estimate of $36.2 million.

When did ON24 IPO?

ON24 (ONTF) raised $408 million in an initial public offering on Wednesday, February 3rd 2021. The company issued 8,600,000 shares at $45.00-$50.00 per share. Goldman Sachs, J.P. Morgan and KeyBanc Capital Markets acted as the underwriters for the IPO and Baird, Canaccord Genuity, Needham & Co., Piper Sandler and William Blair were co-managers.

Who are ON24's major shareholders?

ON24's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (5.84%), Acadian Asset Management LLC (1.12%), Horrell Capital Management Inc. (0.93%), Russell Investments Group Ltd. (0.62%), Los Angeles Capital Management LLC (0.59%) and GSA Capital Partners LLP (0.20%). Insiders that own company stock include Barry Zwarenstein, Dominique Trempont, Goldman Sachs Group Inc, Irwin Federman, James Blackie, Jayesh Sahasi, Presidio Management Group Vii, Sharat Sharan and Steven Vattuone.
View institutional ownership trends
.

How do I buy shares of ON24?

Shares of ONTF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:ONTF) was last updated on 5/13/2024 by MarketBeat.com Staff

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