ON24 (NYSE:ONTF) Releases FY 2025 Earnings Guidance

ON24 (NYSE:ONTF - Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 0.020-0.050 for the period, compared to the consensus estimate of 0.080. The company issued revenue guidance of $138.6 million-$141.6 million, compared to the consensus revenue estimate of $140.1 million. ON24 also updated its Q1 2025 guidance to -0.030--0.010 EPS.

ON24 Price Performance

NYSE:ONTF traded up $0.03 during mid-day trading on Friday, hitting $5.59. The company's stock had a trading volume of 288,825 shares, compared to its average volume of 105,378. ON24 has a 1 year low of $5.37 and a 1 year high of $7.38. The stock has a market cap of $232.83 million, a price-to-earnings ratio of -5.38 and a beta of 0.52. The business's fifty day moving average is $6.55 and its two-hundred day moving average is $6.41.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on ONTF shares. William Blair reissued a "market perform" rating on shares of ON24 in a research note on Wednesday. Needham & Company LLC reissued a "hold" rating on shares of ON24 in a research note on Wednesday. Finally, JPMorgan Chase & Co. lowered their target price on shares of ON24 from $7.00 to $6.00 and set a "neutral" rating on the stock in a research note on Wednesday.

Insider Transactions at ON24

In related news, CRO James Blackie sold 6,324 shares of the firm's stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $6.69, for a total value of $42,307.56. Following the transaction, the executive now directly owns 408,473 shares of the company's stock, valued at approximately $2,732,684.37. This trade represents a 1.52 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Dominique Trempont sold 4,250 shares of the firm's stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $6.94, for a total transaction of $29,495.00. Following the completion of the transaction, the director now directly owns 254,600 shares in the company, valued at $1,766,924. This represents a 1.64 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 168,637 shares of company stock valued at $1,110,727 in the last ninety days. 32.30% of the stock is currently owned by corporate insiders.

ON24 Company Profile

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.