ON24 (NYSE:ONTF) Updates Q3 2025 Earnings Guidance

Key Points

• ON24 has issued Q3 2025 earnings guidance, projecting EPS between 0.000-0.020 and revenue between $33.6 million-$34.2 million, slightly below consensus estimates.
• The company's stock price has seen a decline, reaching $4.75, amid a market cap of $201.76 million and an average rating of "Hold" from analysts.
• Insider activity includes a major shareholder acquiring 47,692 shares, indicating confidence in the company's valuation, while insider sales also occurred recently.

ON24 (NYSE:ONTF - Get Free Report) issued an update on its third quarter 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.000-0.020 for the period, compared to the consensus earnings per share estimate of 0.010. The company issued revenue guidance of $33.6 million-$34.2 million, compared to the consensus revenue estimate of $33.8 million. ON24 also updated its FY 2025 guidance to 0.020-0.050 EPS.

Wall Street Analyst Weigh In

ONTF has been the topic of several research analyst reports. Canaccord Genuity Group reduced their price objective on shares of ON24 from $9.00 to $5.00 and set a "hold" rating on the stock in a report on Thursday, May 8th. Wall Street Zen upgraded ON24 from a "hold" rating to a "buy" rating in a research report on Saturday. Finally, Robert W. Baird dropped their price target on ON24 from $7.00 to $5.00 and set a "neutral" rating for the company in a research report on Thursday, May 8th. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $5.33.

ON24 Trading Down 0.4%

ONTF stock traded down $0.02 during mid-day trading on Monday, reaching $4.91. 56,001 shares of the stock traded hands, compared to its average volume of 156,644. The stock's fifty day moving average is $5.29 and its 200-day moving average is $5.47. The company has a market cap of $208.59 million, a P/E ratio of -5.72 and a beta of 0.65. ON24 has a 52-week low of $4.35 and a 52-week high of $7.03.

ON24 declared that its board has approved a stock buyback program on Monday, May 12th that authorizes the company to buyback $50.00 million in shares. This buyback authorization authorizes the company to reacquire up to 22.6% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board of directors believes its shares are undervalued.

Insider Buying and Selling at ON24

In other news, insider Sharat Sharan sold 61,467 shares of the business's stock in a transaction dated Monday, June 30th. The stock was sold at an average price of $5.47, for a total value of $336,224.49. Following the sale, the insider directly owned 3,550,917 shares in the company, valued at $19,423,515.99. The trade was a 1.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, major shareholder Lake Lp Lynrock bought 47,692 shares of the company's stock in a transaction that occurred on Monday, June 9th. The shares were bought at an average price of $5.57 per share, for a total transaction of $265,644.44. Following the acquisition, the insider directly owned 8,212,732 shares of the company's stock, valued at $45,744,917.24. This represents a 0.58% increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders acquired 436,970 shares of company stock valued at $2,420,954 and sold 247,848 shares valued at $1,347,116. Insiders own 33.00% of the company's stock.

Institutional Investors Weigh In On ON24

A number of large investors have recently added to or reduced their stakes in ONTF. Geode Capital Management LLC grew its stake in shares of ON24 by 13.7% in the 2nd quarter. Geode Capital Management LLC now owns 852,320 shares of the company's stock valued at $4,629,000 after buying an additional 102,396 shares during the period. Goldman Sachs Group Inc. lifted its stake in ON24 by 3.9% in the first quarter. Goldman Sachs Group Inc. now owns 188,836 shares of the company's stock valued at $982,000 after purchasing an additional 7,139 shares during the last quarter. Finally, AQR Capital Management LLC lifted its position in shares of ON24 by 15.9% during the first quarter. AQR Capital Management LLC now owns 21,741 shares of the company's stock worth $113,000 after acquiring an additional 2,989 shares in the last quarter. Institutional investors and hedge funds own 83.93% of the company's stock.

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.