ON24 (NYSE:ONTF) Issues FY 2025 Earnings Guidance

ON24 (NYSE:ONTF) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 0.020-0.050 for the period, compared to the consensus EPS estimate of 0.080. The company issued revenue guidance of $138.6 million-$141.6 million, compared to the consensus revenue estimate of $140.1 million. ON24 also updated its Q1 2025 guidance to -0.030–0.010 EPS.

Analyst Ratings Changes

Several equities research analysts recently issued reports on ONTF shares. JPMorgan Chase & Co. cut their price objective on shares of ON24 from $7.00 to $6.00 and set a “neutral” rating for the company in a research report on Wednesday. William Blair reaffirmed a “market perform” rating on shares of ON24 in a research report on Wednesday. Finally, Needham & Company LLC restated a “hold” rating on shares of ON24 in a research note on Wednesday.

ON24 Trading Down 5.0 %

Shares of ON24 stock traded down $0.31 during midday trading on Wednesday, reaching $5.74. The company had a trading volume of 108,560 shares, compared to its average volume of 95,410. The company has a market capitalization of $238.87 million, a price-to-earnings ratio of -5.51 and a beta of 0.52. ON24 has a 1-year low of $5.37 and a 1-year high of $7.48. The stock has a fifty day simple moving average of $6.60 and a 200 day simple moving average of $6.42.

Insider Activity at ON24

In other ON24 news, insider Jayesh Sahasi sold 5,047 shares of the stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $7.00, for a total value of $35,329.00. Following the transaction, the insider now owns 692,045 shares in the company, valued at approximately $4,844,315. This represents a 0.72 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Sharat Sharan sold 36,189 shares of the stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $6.20, for a total transaction of $224,371.80. Following the transaction, the insider now owns 3,113,728 shares of the company’s stock, valued at approximately $19,305,113.60. The trade was a 1.15 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 168,637 shares of company stock valued at $1,110,727. Corporate insiders own 32.30% 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.