ON24 (NYSE:ONTF – Get Free Report) issued an update on its second quarter 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.000-0.020 for the period, compared to the consensus estimate of 0.010. The company issued revenue guidance of $33.8 million-$34.4 million, compared to the consensus revenue estimate of $35.2 million. ON24 also updated its FY 2025 guidance to 0.020-0.050 EPS.
Analyst Ratings Changes
ONTF has been the topic of several research analyst reports. Needham & Company LLC reiterated a “hold” rating on shares of ON24 in a report on Wednesday, February 26th. William Blair reissued a “market perform” rating on shares of ON24 in a research note on Wednesday, February 26th. Canaccord Genuity Group dropped their target price on shares of ON24 from $9.00 to $5.00 and set a “hold” rating on the stock in a report on Thursday. Robert W. Baird reduced their price target on shares of ON24 from $7.00 to $5.00 and set a “neutral” rating for the company in a report on Thursday. Finally, JPMorgan Chase & Co. dropped their price objective on shares of ON24 from $7.00 to $6.00 and set a “neutral” rating on the stock in a report on Wednesday, February 26th. Five investment analysts have rated the stock with a hold rating, According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $5.33.
Check Out Our Latest Stock Report on ON24
ON24 Trading Up 0.1 %
Insiders Place Their Bets
In other ON24 news, CFO Steven Vattuone sold 6,146 shares of the stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $6.68, for a total value of $41,055.28. Following the transaction, the chief financial officer now directly owns 534,386 shares of the company’s stock, valued at $3,569,698.48. This represents a 1.14 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Lake Lp Lynrock acquired 27,921 shares of ON24 stock in a transaction dated Monday, March 3rd. The shares were purchased at an average price of $5.57 per share, with a total value of $155,519.97. Following the acquisition, the insider now owns 7,357,680 shares of the company’s stock, valued at approximately $40,982,277.60. This trade represents a 0.38 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last 90 days, insiders have acquired 206,529 shares of company stock valued at $1,174,541 and have sold 155,384 shares valued at $873,019. Company 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.
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