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.

ON24 Stock Down 4.2 %

NYSE:ONTF traded down $0.25 on Thursday, reaching $5.55. The company’s stock had a trading volume of 225,660 shares, compared to its average volume of 100,552. ON24 has a 12-month low of $5.37 and a 12-month high of $7.38. The stock has a 50 day moving average price of $6.59 and a 200 day moving average price of $6.42. The firm has a market cap of $230.95 million, a price-to-earnings ratio of -5.33 and a beta of 0.52.

Analyst Ratings Changes

A number of research analysts have commented on ONTF shares. William Blair reaffirmed a “market perform” rating on shares of ON24 in a research report on Wednesday. JPMorgan Chase & Co. cut their target price on ON24 from $7.00 to $6.00 and set a “neutral” rating on the stock in a research report on Wednesday. Finally, Needham & Company LLC restated a “hold” rating on shares of ON24 in a research report on Wednesday.

Insiders Place Their Bets

In other ON24 news, Director Dominique Trempont sold 4,250 shares of the business’s stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $6.98, for a total value of $29,665.00. Following the completion of the transaction, the director now owns 263,100 shares in the company, valued at $1,836,438. The trade was a 1.59 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO Steven Vattuone sold 6,146 shares of the stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $6.68, for a total value of $41,055.28. Following the completion of the sale, the chief financial officer now owns 534,386 shares in the company, valued at approximately $3,569,698.48. The trade was a 1.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 168,637 shares of company stock worth $1,110,727 over the last three months. Company insiders own 32.30% of the company’s stock.

About ON24

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.