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TSE:CVO

Coveo Solutions (CVO) Stock Price, News & Analysis

C$6.57
-0.10 (-1.50%)
(As of 07/26/2024 ET)
Today's Range
C$6.53
C$6.79
50-Day Range
C$6.45
C$8.47
52-Week Range
C$6.41
C$12.48
Volume
152,849 shs
Average Volume
126,511 shs
Market Capitalization
C$350.31 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
C$11.63

Coveo Solutions MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
76.9% Upside
C$11.63 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.03mentions of Coveo Solutions in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

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.

3.52 out of 5 stars

CVO stock logo

About Coveo Solutions Stock (TSE:CVO)

Coveo Solutions Inc. provides AI platforms that enable individualized, connected, and trusted digital experiences. The Relevance Cloud platform, an AI solution that integrates AI search, recommendations, GenAI answering, AI models, and analytics across various digital domains; and is designed for scale, security, and compliance and integrates into enterprise ecosystems as a cloud-native SaaS, multi-tenant, API-first, and headless platform. Its Relevance Generative Answering capability unifies LLM technology with its platform, ensuring scalable relevance, factuality, and traceable data sources, as well as addresses the unique challenges of deploying generative AI for enterprise use cases, enabling global brands to achieve tangible financial value through digital experiences. The company serves high tech, healthcare, manufacturing, financial services, retail, and telecommunication industries. Coveo Solutions Inc. has strategic relationships with Salesforce, Adobe, SAP, ServiceNow, Zendesk, Sitecore, AppDirect, and commercetools. The company was formerly known as Copernic Business Solutions Inc. and changed its name to Coveo Solutions Inc. in October 2004. Coveo Solutions Inc. was incorporated in 2004 and is headquartered in Québec, Canada.

CVO Stock Price History

CVO Stock News Headlines

3 Canadian Tech Companies Ready to Ride the AI Train
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Closing Bell: Coveo Solutions Inc flat on Friday (CVO)
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CVO:CA Coveo Solutions Inc.
TSX:CVO (Coveo Solutions)
Coveo Solutions Inc. (CVO.TO)
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Company Calendar

Last Earnings
6/03/2024
Today
7/26/2024
Next Earnings (Estimated)
8/13/2024

Industry, Sector and Symbol

Industry
Software - Infrastructure
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
743
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$11.63
High Stock Price Target
C$13.50
Low Stock Price Target
C$10.00
Potential Upside/Downside
+72.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
9 Analysts

Profitability

Net Income
C$-26,790,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$122.62 million
Cash Flow
C$1.91 per share
Book Value
C$1.71 per share

Miscellaneous

Free Float
N/A
Market Cap
C$359.91 million
Optionable
Not Optionable
Beta
1.03
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Key Executives

  • Mr. Louis Tetu B.E. (Age 59)
    B.Eng., ICD.D, Chairman & CEO
    Comp: $704.04k
  • Mr. Laurent Simoneau (Age 51)
    Co-Founder, President, CTO & Director
    Comp: $468.89k
  • Mr. Nicholas S. Goode
    Chief Business Officer
  • Mr. Richard Tessier
    Co-Founder & Senior VP of Products
  • Mr. Marc Sanfacon
    Co-Founder & Senior VP of Technology
  • Mr. Brandon Blair Nussey CPA
    CFO & Corporate Secretary
  • Mr. Dominic Lajoie
    Chief Information Officer
  • Mr. Paul Moon
    Head of Investor Relations
  • Ms. Anne Theriault
    VP of Legal & Assistant Secretary
  • Diane Burley
    Senior Director of Content & Communications

CVO Stock Analysis - Frequently Asked Questions

How have CVO shares performed this year?

Coveo Solutions' stock was trading at C$9.60 at the beginning of the year. Since then, CVO shares have decreased by 31.6% and is now trading at C$6.57.
View the best growth stocks for 2024 here
.

How were Coveo Solutions' earnings last quarter?

Coveo Solutions Inc. (TSE:CVO) released its quarterly earnings results on Monday, June, 3rd. The company reported ($0.05) EPS for the quarter, missing analysts' consensus estimates of ($0.02) by $0.03. The company earned $41.44 million during the quarter, compared to analyst estimates of $44.79 million. Coveo Solutions had a negative net margin of 21.85% and a negative trailing twelve-month return on equity of 13.31%.

How do I buy shares of Coveo Solutions?

Shares of CVO stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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This page (TSE:CVO) was last updated on 7/26/2024 by MarketBeat.com Staff

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