ON24 (ONTF) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $4.78 to $5.04
• 50-Day Range: $4.98 to $7.01
• 52-Week Range: $4.78 to $7.29
• Volume: 233,983 shs
• Average Volume: 140,982 shs
• Market Capitalization: $210.95 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $6.00
• Consensus Rating: Hold

ON24 Stock Analysis - MarketRank™

ON24 scored higher than 34% of companies evaluated by MarketBeat, and ranked 516th out of 653 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Hold

Consensus Rating

ON24 has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

ON24 has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for ON24 are expected to grow in the coming year, from ($0.81) to ($0.40) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of ON24 is -4.79, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of ON24 is -4.79, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

ON24 has a P/B Ratio of 1.15. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.06% of the float of ON24 has been sold short.

Short Interest Ratio / Days to Cover

ON24 has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in ON24 has recently increased by 11.61%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

ON24 does not currently pay a dividend.

Dividend Growth

ON24 does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.06% of the float of ON24 has been sold short.

Short Interest Ratio / Days to Cover

ON24 has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in ON24 has recently increased by 11.61%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.42

News Sentiment

ON24 has a news sentiment score of 0.42. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.66 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for ON24 this week, compared to 4 articles on an average week.

Search Interest

1 people have searched for ONTF on MarketBeat in the last 30 days.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Balanced

Insider Buying vs. Insider Selling

In the past three months, ON24 insiders have sold just slightly more of their company's stock than they have bought. Specifically, they have bought $1,174,541.00 in company stock and sold $1,195,291.00 in company stock. It is common for insiders to sell company stock at intervals simply to diversify their holdings.

Percentage Held by Insiders

32.30% of the stock of ON24 is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

83.93% of the stock of ON24 is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ONTF Stock Analysis - Frequently Asked Questions

How have ONTF shares performed this year?

ON24's stock was trading at $6.46 on January 1st, 2025. Since then, ONTF shares have decreased by 22.8% and is now trading at $4.9840.
View the best growth stocks for 2025 here.

How were ON24's earnings last quarter?

ON24, Inc. (NYSE:ONTF) announced its quarterly earnings data on Thursday, November, 7th. The company reported ($0.26) earnings per share for the quarter, missing analysts' consensus estimates of $0.01 by $0.27. The company had revenue of $36.33 million for the quarter, compared to analysts' expectations of $35.55 million. ON24 had a negative trailing twelve-month return on equity of 23.10% and a negative net margin of 28.63%.

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.

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.

What other stocks do shareholders of ON24 own?

Based on aggregate information from My MarketBeat watchlists, some other companies that ON24 investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), Meta Platforms (META), Netflix (NFLX), PayPal (PYPL), Salesforce (CRM) and Broadcom (AVGO).

Company Calendar

• Last Earnings: 11/07/2024
• Today: 4/04/2025
• Next Earnings (Estimated): 5/06/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: Prepackaged software
• Sub-Industry: Computer Software
• Current Symbol: NYSE:ONTF
• CIK: 1110611
• Web: www.on24.com
• Phone: 415-369-8000
• Fax: N/A
• Employees: 720
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $6.00
• High Stock Price Target: $6.00
• Low Stock Price Target: $6.00
• Potential Upside/Downside: +20.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.01)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-51,790,000.00
• Net Margins: -28.63%
• Pretax Margin: -27.60%
• Return on Equity: -23.10%
• Return on Assets: -15.05%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.74
• Quick Ratio: 2.75

Sales & Book Value

• Annual Sales: $148.08 million
• Price / Sales: 1.42
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $4.34 per share
• Price / Book: 1.15

Miscellaneous

• Outstanding Shares: 42,325,000
• Free Float: 28,198,000
• Market Cap: $210.95 million
• Optionable: Optionable
• Beta: 0.55