ON24, Inc. (ONTF)
NYSE: ONTF · IEX Real-Time Price · USD
6.32
+0.05 (0.80%)
At close: Jul 19, 2024, 4:00 PM
14.73
+8.41 (133.04%)
After-hours: Jul 20, 2024, 1:23 PM EDT
ON24, Inc. Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for ON24, Inc. stock have an average target of 8.00, with a low estimate of 7.00 and a high estimate of 9.00. The average target predicts an increase of 26.58% from the current stock price of 6.32.
Analyst Consensus: Hold
* Price targets were last updated on Feb 23, 2024.
Analyst Ratings
The average analyst rating for ON24, Inc. stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | May 17, 2024 |
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | May 8, 2024 |
| Canaccord Genuity | Canaccord Genuity | Hold Maintains $10 → $9 | Hold | Maintains | $10 → $9 | +42.41% | Feb 23, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $8 → $7 | Hold | Maintains | $8 → $7 | +10.76% | Oct 23, 2023 |
| Piper Sandler | Piper Sandler | Hold Maintains $9 → $8 | Hold | Maintains | $9 → $8 | +26.58% | Aug 9, 2023 |
Financial Forecast
Revenue This Year
147.98M
from 163.71M
Decreased by -9.61%
Revenue Next Year
147.51M
from 147.98M
Decreased by -0.32%
EPS This Year
0.05
from -1.16
EPS Next Year
0.09
from 0.05
Increased by 93.91%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 152.9M | 156.2M |
| Avg | 148.0M | 147.5M |
| Low | 141.8M | 139.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -6.6% | 5.6% |
| Avg | -9.6% | -0.3% |
| Low | -13.4% | -6.0% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.05 | 0.13 |
| Avg | 0.05 | 0.09 |
| Low | 0.04 | 0.06 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | 164.7% |
| Avg | - | 93.9% |
| Low | - | 29.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.