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NYSE:ONTF

ON24 (ONTF) Stock Price, News & Analysis

$6.71
-0.03 (-0.45%)
(As of 07/26/2024 ET)
Today's Range
$6.59
$6.81
50-Day Range
$5.46
$6.75
52-Week Range
$5.37
$9.09
Volume
135,766 shs
Average Volume
164,806 shs
Market Capitalization
$280.95 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$8.00

ON24 MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
19.2% Upside
$8.00 Price Target
Short Interest
Healthy
1.20% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.62mentions of ON24 in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$493,134 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.63) to ($0.36) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.58 out of 5 stars

Computer And Technology Sector

454th out of 612 stocks

Prepackaged Software Industry

147th out of 202 stocks

ONTF stock logo

About ON24 Stock (NYSE:ONTF)

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.

ONTF Stock Price History

ONTF Stock News Headlines

625,000% Gain
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ONTF Aug 2024 10.000 put (ONTF240816P00010000)
ON24, Inc. (ONTF)
625,000% Gain
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William Blair Reaffirms Their Hold Rating on ON24 (ONTF)
See More Headlines
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Company Calendar

Last Earnings
5/07/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Computer Software
Fax
N/A
Employees
720
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$8.00
High Stock Price Target
$9.00
Low Stock Price Target
$7.00
Potential Upside/Downside
+19.2%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$-51,790,000.00
Pretax Margin
-27.53%

Debt

Sales & Book Value

Annual Sales
$158.37 million
Book Value
$4.34 per share

Miscellaneous

Free Float
28,343,000
Market Cap
$280.91 million
Optionable
Optionable
Beta
0.47
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ONTF Stock Analysis - Frequently Asked Questions

How have ONTF shares performed this year?

ON24's stock was trading at $7.88 at the beginning of 2024. Since then, ONTF stock has decreased by 14.8% and is now trading at $6.71.
View the best growth stocks for 2024 here
.

How were ON24's earnings last quarter?

ON24, Inc. (NYSE:ONTF) announced its quarterly earnings data on Tuesday, May, 7th. The company reported ($0.23) earnings per share for the quarter, missing the consensus estimate of ($0.18) by $0.05. The company earned $37.73 million during the quarter, compared to the consensus estimate of $37 million. ON24 had a negative net margin of 28.35% and a negative trailing twelve-month return on equity of 19.97%.

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 served as the underwriters for the IPO and Baird, Canaccord Genuity, Needham & Co., Piper Sandler and William Blair were co-managers.

Who are ON24's major shareholders?

Top institutional shareholders of ON24 include Bank of New York Mellon Corp (0.23%). Insiders that own company stock include Sharat Sharan, Jayesh Sahasi, Steven Vattuone, James Blackie, Dominique Trempont, Barry Zwarenstein, Irwin Federman, Presidio Management Group Vii and Goldman Sachs Group Inc.
View institutional ownership trends
.

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.
Compare Top Brokerages Here.

This page (NYSE:ONTF) was last updated on 7/27/2024 by MarketBeat.com Staff

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