Should I buy or sell Coveo Solutions stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Coveo Solutions in the last year. There are currently 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CVO shares. View CVO analyst ratings or view top-rated stocks .

What is Coveo Solutions' stock price target for 2024?

8 Wall Street research analysts have issued twelve-month price targets for Coveo Solutions' shares. Their CVO share price targets range from C$7.50 to C$16.00. On average, they anticipate the company's stock price to reach C$13.75 in the next year. This suggests a possible upside of 46.6% from the stock's current price. View analysts price targets for CVO or view top-rated stocks among Wall Street analysts .

How have CVO shares performed in 2024?

Coveo Solutions' stock was trading at C$9.60 on January 1st, 2024. Since then, CVO stock has decreased by 2.3% and is now trading at C$9.38. View the best growth stocks for 2024 here .

When is Coveo Solutions' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 4th 2024. View our CVO earnings forecast .

How were Coveo Solutions' earnings last quarter?

Coveo Solutions Inc. (TSE:CVO) released its earnings results on Monday, February, 5th. The company reported ($0.08) earnings per share for the quarter, missing analysts' consensus estimates of ($0.04) by $0.04. The firm had revenue of $43.24 million for the quarter, compared to the consensus estimate of $43.26 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. Compare Top Brokerages Here .

TSE:CVO

Coveo Solutions (CVO) Stock Price, News & Analysis

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C$9.38

+0.06 (+0.64%)

(As of 11:08 AM ET)

Compare

Today's Range: C$9.24
▼
C$9.63
50-Day Range: C$9.32
▼
C$11.96
52-Week Range: C$6.02
▼
C$12.48

Volume: 9,350 shs
Average Volume: 98,242 shs
Market Capitalization: C$500.14 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: C$13.75

Stock Analysis Analyst Forecasts Chart Competitors Earnings Headlines

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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

30 days | 90 days | 365 days | Advanced Chart

CVO Stock News Headlines

April 7, 2024 | fool.ca

TSX:CVO (Coveo Solutions)

March 28, 2024 | finance.yahoo.com

Coveo Introduces Two New Groundbreaking GenAI Business Applications and 15+ AI Innovations in the New Coveo Spring Release

April 16, 2024 | InvestorPlace (Ad)

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March 14, 2024 | finance.yahoo.com

Coveo Wins CMSWire IMPACT Award for Best Use of AI in Customer Service with Coveo Relevance Generative Answering

February 13, 2024 | ca.finance.yahoo.com

Coveo Solutions Inc. (CVO.TO)

February 8, 2024 | finance.yahoo.com

Earnings Update: Here's Why Analysts Just Lifted Their Coveo Solutions Inc. (TSE:CVO) Price Target To CA$13.63

January 1, 2024 | finance.yahoo.com

Calculating The Fair Value Of Coveo Solutions Inc. (TSE:CVO)

December 14, 2023 | tmcnet.com

Coveo Enterprise Customers See Impressive Results from Generative Answering - Now Generally Available

April 16, 2024 | InvestorPlace (Ad)

A.I. “Perfect Storm” Could Send THESE Stocks Sky High

A little-known investment analyst whose performance beat out 15,000+ other experts in 2020 has identified an opportunity in the A.I. space. He's calling it A.I.'s perfect storm.

December 14, 2023 | finance.yahoo.com

Coveo Enterprise Customers See Impressive Results from Generative Answering – Now Generally Available

December 13, 2023 | morningstar.com

Coveo Solutions Inc Sub Voting

October 30, 2023 | finance.yahoo.com

Coveo recognized as a Leader in the 2023 IDC MarketScape: Worldwide General-Purpose Knowledge Discovery Software Assessment

October 24, 2023 | finance.yahoo.com

Coveo to Host November 2023 Capital Markets Day

October 18, 2023 | baystreet.ca

Natural Resources, Coveo, ADF at 52-Week Highs

October 17, 2023 | finance.yahoo.com

Coveo Announces Date of Fiscal Second Quarter 2024 Conference Call

September 17, 2023 | finance.yahoo.com

While hedge funds own 25% of Coveo Solutions Inc. (TSE:CVO), private equity firms are its largest shareholders with 25% ownership

September 15, 2023 | finanznachrichten.de

Coveo Solutions Inc.: Coveo Announces Election of Jill Denham to Board of Directors and Voting Results for 2023 Annual General Meeting of Shareholders

September 14, 2023 | finance.yahoo.com

Coveo Announces Election of Jill Denham to Board of Directors and Voting Results for 2023 Annual General Meeting of Shareholders

August 8, 2023 | finance.yahoo.com

Coveo Reports First Quarter Fiscal 2024 Financial Results

August 1, 2023 | finance.yahoo.com

Coveo to Participate at Upcoming August 2023 Investor Conferences

July 27, 2023 | finance.yahoo.com

Customers Name Coveo Best Enterprise Search Vendor for the Third Consecutive Year in SoftwareReviews' 2023 Emotional Footprint Report

July 24, 2023 | msn.com

I’d Aim for $1 Million Buying Just These 3 TSX Stocks

July 12, 2023 | finance.yahoo.com

Coveo's Relevance AI Platform Wins Coveted Best LLM Application Award in 2023 AI Breakthrough Awards, reinforcing its AI Leadership and Paving the Way for its New groundbreaking GenAI Solution

June 28, 2023 | finance.yahoo.com

Coveo's AI Platform Earns Coveted ISO 27001 Certification: Setting the Standard for Security and Trust

June 20, 2023 | finance.yahoo.com

Coveo Research Finds A Growing Generational Gap That Could Affect Innovative Talent

June 16, 2023 | finance.yahoo.com

Coveo Solutions (TSE:CVO) Is In A Strong Position To Grow Its Business

June 8, 2023 | msn.com

NATIONAL BANK FINANCIAL Maintains Coveo Solutions Inc (TSE:CVO) Outperform Recommendation

See More Headlines

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Company Calendar

Last Earnings: 2/05/2024
Today: 4/16/2024
Next Earnings (Estimated): 6/04/2024

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Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Computer and Technology
Industry: Software - Infrastructure
Sub-Industry: N/A
Current Symbol: TSE:CVO
CUSIP: N/A
CIK: N/A
Web: www.coveo.com
Phone: 418 263 1111
Fax: N/A
Employees: 743
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$13.75
High Stock Price Target: C$16.00
Low Stock Price Target: C$7.50
Potential Upside/Downside: +46.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): C($0.39)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: 0.09
Net Income: C$-26,790,000.00
Net Margins: -21.85%
Pretax Margin: N/A
Return on Equity: -13.31%
Return on Assets: -6.99%

Debt

Debt-to-Equity Ratio: 5.37
Current Ratio: 2.44
Quick Ratio: 3.14

Sales & Book Value

Annual Sales: C$122.62 million
Price / Sales: 4.08
Cash Flow: C$2.65 per share
Price / Cash Flow: 3.54
Book Value: C$1.71 per share
Price / Book: 5.49

Miscellaneous

Outstanding Shares: 53,320,000
Free Float: N/A
Market Cap: C$500.14 million
Optionable: Not Optionable
Beta: 1.05

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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

Key Competitors

View All Competitors

CVO Stock Analysis - Frequently Asked Questions

Should I buy or sell Coveo Solutions stock right now?: 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Coveo Solutions in the last year. There are currently 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CVO shares.
View CVO analyst ratings or view top-rated stocks.
What is Coveo Solutions' stock price target for 2024?: 8 Wall Street research analysts have issued twelve-month price targets for Coveo Solutions' shares. Their CVO share price targets range from C$7.50 to C$16.00. On average, they anticipate the company's stock price to reach C$13.75 in the next year. This suggests a possible upside of 46.6% from the stock's current price.
View analysts price targets for CVO or view top-rated stocks among Wall Street analysts.
How have CVO shares performed in 2024?: Coveo Solutions' stock was trading at C$9.60 on January 1st, 2024. Since then, CVO stock has decreased by 2.3% and is now trading at C$9.38.
View the best growth stocks for 2024 here.
When is Coveo Solutions' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 4th 2024.
View our CVO earnings forecast.

How were Coveo Solutions' earnings last quarter?: Coveo Solutions Inc. (TSE:CVO) released its earnings results on Monday, February, 5th. The company reported ($0.08) earnings per share for the quarter, missing analysts' consensus estimates of ($0.04) by $0.04. The firm had revenue of $43.24 million for the quarter, compared to the consensus estimate of $43.26 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.
Compare Top Brokerages Here.

This page (TSE:CVO) was last updated on 4/16/2024 by MarketBeat.com Staff

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