S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
Best Bear Market Funds: Top 3 Investment Options to Consider
How and When to Roll Your Options Positions?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
Best Bear Market Funds: Top 3 Investment Options to Consider
How and When to Roll Your Options Positions?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
Best Bear Market Funds: Top 3 Investment Options to Consider
How and When to Roll Your Options Positions?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
Best Bear Market Funds: Top 3 Investment Options to Consider
How and When to Roll Your Options Positions?
NYSE:ONTF

ON24 (ONTF) Stock Price, News & Analysis

$7.16
+0.27 (+3.92%)
(As of 03/27/2024 ET)
Today's Range
$6.96
$7.17
50-Day Range
$6.55
$8.30
52-Week Range
$5.73
$9.55
Volume
135,852 shs
Average Volume
217,163 shs
Market Capitalization
$298.36 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
11.7% Upside
$8.00 Price Target
Short Interest
Healthy
2.14% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.83mentions of ON24 in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$844,525 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.60) to ($0.41) 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.

1.70 out of 5 stars

Computer And Technology Sector

448th out of 588 stocks

Prepackaged Software Industry

157th out of 196 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

Top Project Outperforms BTC in 2023…
According to a recently published report… One DeFi protocol boasted gains over 100% during one of the biggest crashes the crypto market has ever seen. And now, this crypto coin is set to soar in the parabolic bull run projected in 2024.
Is ON24, Inc. (NYSE:ONTF) Trading At A 21% Discount?
ONTF Apr 2024 10.000 call
ONTF Apr 2024 10.000 put
Needham Keeps Their Hold Rating on ON24 (ONTF)
Top Project Outperforms BTC in 2023…
According to a recently published report… One DeFi protocol boasted gains over 100% during one of the biggest crashes the crypto market has ever seen. And now, this crypto coin is set to soar in the parabolic bull run projected in 2024.
ON24 Inc (ONTF) CFO Steven Vattuone Sells 26,460 Shares
ON24, Inc. (NYSE:ONTF) Q4 2023 Earnings Call Transcript
William Blair Sticks to Its Hold Rating for ON24 (ONTF)
ON24 (NYSE:ONTF) Posts Better-Than-Expected Sales In Q4
What To Expect From ON24’s (ONTF) Q4 Earnings
See More Headlines
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Company Calendar

Last Earnings
2/22/2024
Today
3/28/2024
Next Earnings (Estimated)
5/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Fax
N/A
Employees
462
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
+11.7%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$-51,790,000.00
Pretax Margin
-31.02%

Debt

Sales & Book Value

Annual Sales
$163.71 million
Book Value
$4.34 per share

Miscellaneous

Free Float
30,297,000
Market Cap
$298.36 million
Optionable
Optionable
Beta
0.47
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ONTF Stock Analysis - Frequently Asked Questions

Should I buy or sell ON24 stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ON24 in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" ONTF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ONTF, but not buy additional shares or sell existing shares.
View ONTF analyst ratings
or view top-rated stocks.

What is ON24's stock price target for 2024?

2 brokers have issued 1-year price targets for ON24's stock. Their ONTF share price targets range from $7.00 to $9.00. On average, they expect the company's stock price to reach $8.00 in the next year. This suggests a possible upside of 11.7% from the stock's current price.
View analysts price targets for ONTF
or view top-rated stocks among Wall Street analysts.

How have ONTF shares performed in 2024?

ON24's stock was trading at $7.88 at the start of the year. Since then, ONTF stock has decreased by 9.1% and is now trading at $7.16.
View the best growth stocks for 2024 here
.

Are investors shorting ON24?

ON24 saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 787,100 shares, an increase of 23.9% from the February 29th total of 635,300 shares. Based on an average daily volume of 271,000 shares, the days-to-cover ratio is presently 2.9 days. Currently, 2.1% of the shares of the company are sold short.
View ON24's Short Interest
.

When is ON24's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our ONTF earnings forecast
.

How were ON24's earnings last quarter?

ON24, Inc. (NYSE:ONTF) announced its earnings results on Thursday, February, 22nd. The company reported ($0.23) EPS for the quarter, missing the consensus estimate of $0.02 by $0.25. The company earned $39.34 million during the quarter, compared to analysts' expectations of $37.29 million. ON24 had a negative net margin of 31.63% and a negative trailing twelve-month return on equity of 18.49%. During the same period last year, the firm earned ($0.23) EPS.

How often does ON24 pay dividends? What is the dividend yield for ON24?

ON24 announced a dividend on Wednesday, May 17th. Stockholders of record on Monday, May 22nd will be given a dividend of $1.09 per share on Thursday, June 15th. This represents a dividend yield of 12.67%. The ex-dividend date is Friday, May 19th.
Read our dividend analysis for ONTF
.

What guidance has ON24 issued on next quarter's earnings?

ON24 updated its first quarter 2024 earnings guidance on Thursday, February, 22nd. The company provided EPS guidance of -0.020-0.000 for the period, compared to the consensus EPS estimate of -0.020. The company issued revenue guidance of $36.5 million-$37.5 million, compared to the consensus revenue estimate of $36.2 million.

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 $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?

ON24's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (5.77%), Vanguard Group Inc. (5.77%), Dimensional Fund Advisors LP (3.52%), Federated Hermes Inc. (2.74%), Northern Trust Corp (0.71%) and Horrell Capital Management Inc. (0.70%). Insiders that own company stock include Barry Zwarenstein, Dominique Trempont, Goldman Sachs Group Inc, Irwin Federman, James Blackie, Jayesh Sahasi, Presidio Management Group Vii, Sharat Sharan and Steven Vattuone.
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 3/28/2024 by MarketBeat.com Staff

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