ON24 (ONTF) Stock Price, News & Analysis

Company Overview

ON24, Inc. (NYSE: ONTF) is a cloud-based digital experience platform that enables organizations to create, manage and optimize virtual events, webinars and multimedia content. The company’s technology is designed to facilitate interactive, data-driven engagement between enterprises and their audiences, supporting demand generation, lead nurturing, corporate communications and training initiatives.

At the core of ON24’s offering is its webinar and virtual event solution, which provides live and on-demand webcasting, attendee interaction tools and real-time analytics. The platform integrates with leading marketing automation and customer relationship management systems to help marketers track audience behavior, measure engagement and feed actionable insights back into campaign workflows. Additional features include virtual environments for trade shows and multi-session conferences, digital resource hubs and personalized content experiences.

Founded in 1998 and headquartered in San Francisco, ON24 serves a global client base spanning North America, Europe and the Asia-Pacific region. The company maintains offices in key international markets to support demand from industries such as technology, healthcare, financial services and professional services. Its scalable infrastructure is built to accommodate both small-scale seminars and enterprise-level events with thousands of concurrent participants.

ON24 went public in July 2021 through a merger with Gores Metropoulos II, a special purpose acquisition company, and began trading on the New York Stock Exchange under the ticker ONTF. The company is led by CEO Sharat Sharan, who has overseen its growth into a leading provider of digital engagement solutions for B2B marketing and corporate communications.

Key Stats

• Today's Range: $5.53 to $5.68
• 50-Day Range: $4.75 to $6.03
• 52-Week Range: $4.35 to $7.03
• Volume: 69,504 shs
• Average Volume: 153,450 shs
• Market Capitalization: $234.61 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $5.33
• Consensus Rating: Reduce

ON24 Stock Analysis - MarketRank™

ON24 scored higher than 28% of companies evaluated by MarketBeat, and ranked 548th out of 668 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: 1.1 / 5
• Analyst Rating: Reduce

Consensus Rating

ON24 has received a consensus rating of Reduce. The company's average rating score is 1.83, and is based on no buy ratings, 5 hold ratings, and 1 sell rating.

Upside/Downside

The consensus price target for ON24 is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

ON24 has only been the subject of 1 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 -6.45, 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 -6.45, 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 1.45. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.25% 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 6.4.

Change versus previous month

Short interest in ON24 has recently decreased by 6.50%, indicating that investor sentiment is improving 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

3.25% 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 6.4.

Change versus previous month

Short interest in ON24 has recently decreased by 6.50%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.39

News Sentiment

ON24 has a news sentiment score of 0.39. 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 0.72 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for ON24 this week, compared to 5 articles on an average week.

MarketBeat Follows

1 people have added ON24 to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, ON24 insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $689,528.00 in company stock.

Percentage Held by Insiders

33.00% 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 14.2% and is now trading at $5.5450.

How were ON24's earnings last quarter?

ON24, Inc. (NYSE:ONTF) issued its earnings results 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 business earned $36.33 million during the quarter, compared to the consensus estimate of $35.55 million. ON24 had a negative net margin of 25.34% and a negative trailing twelve-month return on equity of 21.03%.
Read the conference call transcript.

Is ON24 buying back stock?

ON24's board approved a share repurchase program on Monday, May 12th 2025, which permits the company to repurchase $50,000,000 in outstanding shares, according to EventVestor. This means that the company could purchase up to 22.6% of its shares through open market purchases. Shares buyback programs are often a sign that the company's management believes its shares are undervalued.

When did ON24 IPO?

ON24 (ONTF) raised $408 million in an initial public offering (IPO) on Wednesday, February 3rd 2021. The company issued 8,600,000 shares at a price of $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: 10/15/2025
• Next Earnings (Estimated): 11/06/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: INTERNET 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: 1998

Price Target and Rating

• Average Price Target for ON24: $5.33
• High Price Target: $6.00
• Low Price Target: $5.00
• Potential Upside/Downside: -4.1%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.83
• Research Coverage: 6 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.86)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$42.16 million
• Net Margins: -25.34%
• Pretax Margin: -25.27%
• Return on Equity: -21.03%
• Return on Assets: -13.44%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.62
• Quick Ratio: 2.62

Sales & Book Value

• Annual Sales: $148.08 million
• Price / Sales: 1.59
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $3.83 per share
• Price / Book: 1.45

Miscellaneous

• Outstanding Shares: 42,310,000
• Free Float: 28,345,000
• Market Cap: $235.24 million
• Optionable: Optionable
• Beta: 0.66