ON24, Inc. (ONTF)

NYSE: ONTF · IEX Real-Time Price · USD
8.09
-0.02 (-0.25%)
Mar 24, 2023, 4:00 PM EDT - Market closed
-0.25%
Market Cap 383.71M
Revenue (ttm) 190.87M
Net Income (ttm) -58.21M
Shares Out 47.43M
EPS (ttm) -1.23
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 268,693
Open 8.07
Previous Close 8.11
Day's Range 7.99 - 8.24
52-Week Range 6.95 - 14.19
Beta 0.08
Analysts Sell
Price Target 9.18 (+13.47%)
Earnings Date May 9, 2023

About ONTF

ON24, Inc. provides a cloud-based digital experience platform that enables businesses to convert customer engagement into revenue through interactive webinar, virtual event, and multimedia content experiences worldwide. The company provides ON24 Experience products, such as ON24 Elite, a live and interactive webinar experience; ON24 Breakouts, a live breakout room experience that facilitates networking, collaboration and interactivity between users; ON24 Go Live, a live, interactive video event experience that enables presenters and attendees t... [Read more]

Sector Technology
IPO Date Feb 3, 2021
Employees 717
Stock Exchange NYSE
Ticker Symbol ONTF
Full Company Profile

Financial Performance

In 2022, ON24, Inc.'s revenue was $190.87 million, a decrease of -6.26% compared to the previous year's $203.61 million. Losses were -$58.21 million, 134.6% more than in 2021.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for ONTF stock is "Sell." The 12-month stock price forecast is $9.18, which is an increase of 13.47% from the latest price.

Price Target
$9.18
(13.47% upside)
Analyst Consensus: Sell
Stock Forecasts

News

ON24 Scales Digital Engagement for Adobe Experience Cloud Customers

LAS VEGAS--(BUSINESS WIRE)--According to Gartner, 80% of B2B sales interactions between suppliers and buyers will occur in digital channels by 2025. That's why, today, ON24 (NYSE: ONTF), a leading dig...

4 days ago - Business Wire

New Report from ON24 Highlights Digital Marketing Maturity as Key Driver of Revenue Growth

SAN FRANCISCO & LONDON--(BUSINESS WIRE)--Today, ON24 (NYSE: ONTF), a leading digital engagement platform that drives pipeline and revenue growth, released the results of their latest survey, “The Stat...

1 week ago - Business Wire

ON24 Appoints Customer Success Leader Teresa Anania to Board of Directors

SAN FRANCISCO--(BUSINESS WIRE)--ON24 (NYSE: ONTF) (“ON24” or the “Company”), a leading sales and marketing platform for B2B digital engagement, today announced that it has appointed Teresa Anania to t...

1 week ago - Business Wire

ON24 Expands Capital Return Program to $125 Million and Announces Governance Enhancements

SAN FRANCISCO--(BUSINESS WIRE)--ON24 (NYSE: ONTF) (“ON24” or the “Company”), a leading sales and marketing platform for B2B digital engagement, today announced that its Board of Directors (the “Board”...

1 week ago - Business Wire

ON24 Unveils a Powerful AI Engine Based on First-Party Digital Engagement Data to Help Enterprises Generate Content, Scale Personalization and More

SAN FRANCISCO--(BUSINESS WIRE)--ON24 (NYSE: ONTF), a leading digital engagement platform that drives pipeline and revenue growth, today announced the launch of an AI engine that powers platform innova...

3 weeks ago - Business Wire

ON24 (ONTF) Reports Q4 Loss, Tops Revenue Estimates

ON24 (ONTF) delivered earnings and revenue surprises of 50% and 0.74%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

3 weeks ago - Zacks Investment Research

ON24 Announces Fourth Quarter and Full Year 2022 Financial Results

SAN FRANCISCO--(BUSINESS WIRE)--ON24 (NYSE: ONTF), a leading sales and marketing platform for B2B digital engagement, today announced financial results for the fourth quarter and fiscal year ended Dec...

3 weeks ago - Business Wire

ON24 Announces New $100 Million Capital Return Program, Resulting in a Total of $141 Million of Capital to be Returned to Shareholders Since Fourth Quarter 2021

SAN FRANCISCO--(BUSINESS WIRE)--ON24 (NYSE: ONTF) (“ON24” or the “Company”), a leading sales and marketing platform for B2B digital engagement, today announced that the Company's Board of Directors ha...

1 month ago - Business Wire

Indaba Issues Letter to ON24's Board of Directors Regarding the Need for a Meaningful Capital Return Program and Stronger Corporate Governance

SAN FRANCISCO--(BUSINESS WIRE)--Indaba Capital Management L.P. (together with its affiliates, “Indaba” or “we”), which is the second largest shareholder of ON24, Inc. (NYSE: ONTF) (“ON24” or the “Comp...

1 month ago - Business Wire

Life Science Connect Drives 5x Revenue Growth with ON24

SAN FRANCISCO--(BUSINESS WIRE)--Life Science Connect, a media publishing and marketing and sales enablement company, scaled their webinar program output by 4X and improved their efficiency by 95%, r...

1 month ago - Business Wire

ON24 Announces Date for Fourth Quarter and Full Year 2022 Earnings Release and Conference Call

SAN FRANCISCO--(BUSINESS WIRE)--ON24 (NYSE: ONTF) will release its fourth quarter and full year 2022 financial results after U.S. markets close on Tuesday, February 28, 2023. ON24 management will ho...

1 month ago - Business Wire

ON24 Recognizes 2022's Leaders in Digital Engagement

SAN FRANCISCO--(BUSINESS WIRE)--Gartner predicts that 80% of B2B sales interactions will occur in digital channels by 2025. That's why more than 2,000 B2B companies choose ON24 (NYSE: ONTF), a leadi...

2 months ago - Business Wire

ON24 Research Finds That Digital Engagement is Preferred by B2B Buyers and Sales and Marketing Teams

SAN FRANCISCO--(BUSINESS WIRE)--Forrester finds that post-pandemic, B2B buyers require 58% more interactions to make a purchase decision than they did in 2019. To further investigate this trend, ON2...

2 months ago - Business Wire

ON24 to Participate in Upcoming Investor Conference

SAN FRANCISCO--(BUSINESS WIRE)--ON24 (NYSE: ONTF), a leading sales and marketing platform for digital engagement, today announced participation in the following upcoming investor event:

2 months ago - Business Wire

ON24 (ONTF) Upgraded to Buy: Here's What You Should Know

ON24 (ONTF) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

3 months ago - Zacks Investment Research

Cequence Security Generates Millions in Pipeline Using Data-Driven Insights from ON24

SAN FRANCISCO & LONDON--(BUSINESS WIRE)--Cequence Security, a leading cybersecurity company, is driving demand generation programs, delivering better insights to sales, and generating pipeline using...

3 months ago - Business Wire

Wall Street Analysts Believe ON24 (ONTF) Could Rally 70%: Here's is How to Trade

The average of price targets set by Wall Street analysts indicates a potential upside of 69.9% in ON24 (ONTF). While the effectiveness of this highly sought-after metric is questionable, the positive ...

4 months ago - Zacks Investment Research

ON24 (ONTF) Reports Q3 Loss, Tops Revenue Estimates

ON24 (ONTF) delivered earnings and revenue surprises of 56.25% and 0.33%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

ON24 Announces Third Quarter 2022 Financial Results

SAN FRANCISCO--(BUSINESS WIRE)--ON24 (NYSE: ONTF), a leading sales and marketing platform for B2B digital engagement, today announced financial results for the third quarter ended September 30, 2022.

4 months ago - Business Wire

ON24 Announces Date for Third Quarter 2022 Earnings Release and Conference Call

SAN FRANCISCO--(BUSINESS WIRE)--ON24 (NYSE: ONTF) will release its third quarter 2022 financial results after U.S. markets close on Wednesday, November 9, 2022.

5 months ago - Business Wire

ON24 Appoints Callan Young as Chief Marketing Officer

SAN FRANCISCO & LONDON--(BUSINESS WIRE)-- #digitalengagement--ON24 (NYSE: ONTF) today announced Callan Young as its next chief marketing officer. She joins ON24 with deep experience in enterprise B2B ...

5 months ago - Business Wire

Enterprise Software Veteran Jason Olkowski Joins ON24 as Chief Customer Success Officer

SAN FRANCISCO & LONDON--(BUSINESS WIRE)-- #digitalengagement--Jason Olkowski joins ON24 as chief customer success officer, bringing over 15 years of experience in improving customer satisfaction and r...

6 months ago - Business Wire

6sense Creates Stronger Audience Insights with ON24 to Drive More New Business

SAN FRANCISCO & LONDON--(BUSINESS WIRE)-- #demandgeneration--6sense is using ON24 digital experiences to generate valuable audience data and powerful analytics, engage more customers, and drive new bu...

7 months ago - Business Wire

ON24 Powers the Next Generation of Webinar Marketing and Digital Engagement with ON24 Elite Explore

SAN FRANCISCO & LONDON--(BUSINESS WIRE)-- #digitalengagement--ON24 Elite Explore makes it even easier for marketers to create engaging, intuitive, and impactful experiences for their audiences.

7 months ago - Business Wire

Wall Street Analysts Think ON24 (ONTF) Could Surge 70%: Read This Before Placing a Bet

The mean of analysts' price targets for ON24 (ONTF) points to a 70% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in r...

7 months ago - Zacks Investment Research