ON24, Inc. (ONTF)

NYSE: ONTF · IEX Real-Time Price · USD
6.63
-0.09 (-1.34%)
Apr 18, 2024, 4:00 PM EDT - Market closed
-1.34%
Market Cap 276.30M
Revenue (ttm) 163.71M
Net Income (ttm) -51.79M
Shares Out 41.67M
EPS (ttm) -1.16
PE Ratio n/a
Forward PE 142.36
Dividend n/a
Ex-Dividend Date n/a
Volume 142,377
Open 6.73
Previous Close 6.72
Day's Range 6.61 - 6.82
52-Week Range 5.73 - 9.55
Beta 0.50
Analysts Hold
Price Target 8.00 (+20.66%)
Earnings Date May 7, 2024

About 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 aud... [Read more]

Sector Technology
IPO Date Feb 3, 2021
Employees 462
Stock Exchange NYSE
Ticker Symbol ONTF
Full Company Profile

Financial Performance

In 2023, ON24, Inc.'s revenue was $163.71 million, a decrease of -14.23% compared to the previous year's $190.87 million. Losses were -$51.79 million, -11.03% less than in 2022.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for ONTF stock is "Hold." The 12-month stock price forecast is $8.0, which is an increase of 20.66% from the latest price.

Price Target
$8.0
(20.66% upside)
Analyst Consensus: Hold
Stock Forecasts

News

New ON24 Report Reveals Significant Increase in Engagement as Digital Transformation Accelerates in the Financial Services Industry

SAN FRANCISCO--(BUSINESS WIRE)--Today, ON24 (NYSE: ONTF), a leading intelligent engagement platform for B2B sales and marketing, announced the release of its “2024 Financial Services Digital Engagemen...

2 days ago - Business Wire

ON24 Announces Date for First Quarter 2024 Earnings Release and Conference Call

SAN FRANCISCO--(BUSINESS WIRE)--ON24 (NYSE: ONTF) will release its first quarter 2024 financial results after U.S. markets close on Tuesday, May 7, 2024. ON24 management will host a conference call an...

8 days ago - Business Wire

New ON24 Report Reveals Significant Increase in HCP Engagement as Digital Transformation Accelerates for Life Sciences Industry

SAN FRANCISCO--(BUSINESS WIRE)--Today, ON24 (NYSE: ONTF), a leading intelligent engagement platform for B2B sales and marketing, announced the release of its “2024 Life Sciences Digital Engagement Ben...

9 days ago - Business Wire

ON24 Empowers Enterprises to Accelerate Pipeline through Calendly Integration

SAN FRANCISCO--(BUSINESS WIRE)--According to Gartner, by 2025, 80% of B2B sales interactions between suppliers and buyers are expected to occur in digital channels. To help organizations stay ahead of...

4 weeks ago - Business Wire

Texthelp Triples Audience Reach and Increases Pipeline While Saving Costs with the ON24 Intelligent Engagement Platform

SAN FRANCISCO--(BUSINESS WIRE)--A recent study found that businesses with a digital engagement strategy were 4X more likely to exceed their business targets. To highlight organizations with expert-lev...

5 weeks ago - Business Wire

ON24 Announces 2024 Digital Engagement Benchmarks Report, Finding Personalization Has Greatest Impact on B2B Marketing Performance

SAN FRANCISCO--(BUSINESS WIRE)--Today ON24 (NYSE: ONTF), a leading intelligent engagement platform for B2B sales and marketing, announced its annual, “2024 Digital Engagement Benchmarks Report,” to un...

6 weeks ago - Business Wire

ON24 to Participate in the Upcoming KeyBanc Emerging Technology Summit

SAN FRANCISCO--(BUSINESS WIRE)--ON24 (NYSE: ONTF), an intelligent engagement platform for B2B sales and marketing, today announced participation in the following upcoming investor event: KeyBanc Emerg...

7 weeks ago - Business Wire

ON24 Announces Fourth Quarter and Full Year 2023 Financial Results

SAN FRANCISCO--(BUSINESS WIRE)--ON24 (NYSE: ONTF), an intelligent engagement platform for B2B sales and marketing, today announced financial results for the fourth quarter and full year ended December...

2 months ago - Business Wire

ON24 Honored with TrustRadius “Most Loved” Award by Customers in 2024

SAN FRANCISCO--(BUSINESS WIRE)--Today, ON24 (NYSE: ONTF), an intelligent engagement platform for B2B sales and marketing, announced that TrustRadius has named it the winner of the “Most Loved” award i...

2 months ago - Business Wire

ON24 Announces Date for Fourth Quarter and Full Year 2023 Earnings Release and Conference Call

SAN FRANCISCO--(BUSINESS WIRE)--ON24 (NYSE: ONTF) will release its fourth quarter and full year 2023 financial results after U.S. markets close on Thursday, February 22, 2024. ON24 management will hos...

2 months ago - Business Wire

ON24 Unveils its Next Generation Platform, Unleashing a New Era of AI-powered Intelligent Engagement

SAN FRANCISCO--(BUSINESS WIRE)--Today, ON24 (NYSE: ONTF) marks the next chapter of its innovation strategy with the launch of its next generation intelligent engagement platform. With AI-powered intel...

3 months ago - Business Wire

ON24 Recognizes 2023's Leaders in Digital Engagement

SAN FRANCISCO--(BUSINESS WIRE)--A recent Forrester survey found that more than 60% of B2B buyers base their final purchase decision solely on the digital content and experiences companies provide. Tha...

3 months ago - Business Wire

ON24 to Participate in the Upcoming 26th Annual Needham Growth 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: 26th Annual Ne...

3 months ago - Business Wire

ON24 Named a Leader in 2023-2024 IDC MarketScape for Virtual Events Applications

SAN FRANCISCO--(BUSINESS WIRE)--With AI transforming how businesses drive revenue growth, ON24 (NYSE: ONTF), a digital engagement platform for B2B sales and marketing, was recognized as a Leader in th...

3 months ago - Business Wire

To Unlock AI Innovation for Enterprise Sales and Marketing, ON24 Hosts Platform Launch Event

SAN FRANCISCO--(BUSINESS WIRE)--ON24 (NYSE: ONTF) today announced that its launch event, ON24 Next, will take place on January 24, 2024 to unveil how AI is transforming engagement and powering the nex...

3 months ago - Business Wire

AAA - The Auto Club Group, Drives 48% Year-Over-Year Sales Growth with a Partner Enablement Strategy Powered by ON24

SAN FRANCISCO--(BUSINESS WIRE)--A recent study by Accenture found that 75% of partners prefer working with providers who use digital experiences to make business easier. Highlighting companies that ar...

4 months ago - Business Wire

WellMed Scales Patient Engagement and Member Enrollment with ON24

SAN FRANCISCO--(BUSINESS WIRE)--According to a McKinsey study, 81% of patients prefer to use digital tools across their healthcare journey. To help healthcare and insurance providers keep up with pati...

4 months ago - Business Wire

ON24 Sweeps the TrustRadius “Best of Awards” in 2023

SAN FRANCISCO--(BUSINESS WIRE)--ON24 (NYSE: ONTF), a leading digital engagement platform for B2B sales and marketing, today announced that TrustRadius has named it as a winner of all three of its annu...

5 months ago - Business Wire

ON24 Announces Third Quarter 2023 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, 2023. ...

5 months ago - Business Wire

FloQast Grows Business Results by Optimizing and Scaling Digital Engagement with ON24

SAN FRANCISCO--(BUSINESS WIRE)--A 2023 study from McKinsey found that omnichannel-first companies have a growth multiplier effect 2X than that of their peers. To showcase organizations at the cutting ...

6 months ago - Business Wire

ON24 Ranked Top Platform for Driving ROI by Research In Action

SAN FRANCISCO--(BUSINESS WIRE)--According to a recent report by Research In Action, 79% of marketers say that achieving ROI from digital events is a challenge. To close this gap, ON24 (NYSE: ONTF), a ...

6 months ago - Business Wire

ON24 Announces Date for Third Quarter 2023 Earnings Release and Conference Call

SAN FRANCISCO--(BUSINESS WIRE)--ON24 (NYSE: ONTF) will release its third quarter 2023 financial results after U.S. markets close on Tuesday, November 7, 2023. ON24 management will host a conference ca...

6 months ago - Business Wire

ON24 and NetLine Join Forces to Help Enterprise Customers Supercharge Reach and ROI

SAN FRANCISCO--(BUSINESS WIRE)--According to McKinsey & Company, B2B companies with the best omnichannel experiences improve their market share by 10% annually. That's why, today, ON24 (NYSE: ONTF), a...

7 months ago - Business Wire

ON24 Celebrates 2023 Winners of the Digital Engagement Excellence Awards

SAN FRANCISCO--(BUSINESS WIRE)--By 2025, Gartner expects 80% of B2B sales interactions between suppliers and buyers to occur in digital channels. Companies at the helm of this go-to-market transformat...

7 months ago - Business Wire

ON24 Announces Second Quarter 2023 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 second quarter ended June 30, 2023. “In ...

9 months ago - Business Wire