Stifel Canada Forecasts Lower Earnings for Coveo Solutions

Coveo Solutions Inc. (TSE:CVO - Free Report) - Equities researchers at Stifel Canada decreased their FY2025 earnings per share estimates for shares of Coveo Solutions in a report released on Tuesday, February 11th. Stifel Canada analyst S. Sukumar now expects that the company will earn ($0.01) per share for the year, down from their previous forecast of $0.03. The consensus estimate for Coveo Solutions' current full-year earnings is ($0.21) per share.

Separately, Stifel Nicolaus increased their price objective on Coveo Solutions from C$10.00 to C$11.00 in a research note on Wednesday, February 12th. Eight analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus target price of C$11.06.

Coveo Solutions Price Performance

Shares of CVO stock traded up C$0.02 during trading hours on Thursday, hitting C$7.52. 173,586 shares of the company's stock were exchanged, compared to its average volume of 146,967. The company has a quick ratio of 3.14, a current ratio of 1.85 and a debt-to-equity ratio of 5.36. The firm has a market cap of C$505.29 million, a P/E ratio of -46.39, a P/E/G ratio of 0.09 and a beta of 0.75. The firm has a 50 day moving average of C$6.50 and a two-hundred day moving average of C$6.33. Coveo Solutions has a fifty-two week low of C$5.07 and a fifty-two week high of C$11.80.

About Coveo Solutions

Coveo Solutions Inc provides AI platforms that enable individualized, connected, and trusted digital experiences. The Relevance Cloud platform, an AI solution that integrates AI search, recommendations, GenAI answering, AI models, and analytics across various digital domains; and is designed for scale, security, and compliance and integrates into enterprise ecosystems as a cloud-native SaaS, multi-tenant, API-first, and headless platform.