Latest news with #ON24
Yahoo
17 hours ago
- Business
- Yahoo
Q1 Earnings Roundup: ON24 (NYSE:ONTF) And The Rest Of The Sales And Marketing Software Segment
Let's dig into the relative performance of ON24 (NYSE:ONTF) and its peers as we unravel the now-completed Q1 sales and marketing software earnings season. The Internet and the exploding amount of data have transformed how businesses interact with, market to, and transact with their customers. Personalization of offerings, e-commerce, targeted advertising and data-empowered sales teams are now table stakes for modern businesses, and sales and marketing software providers are becoming the tools of evolving customer interaction. The 23 sales and marketing software stocks we track reported a satisfactory Q1. As a group, revenues beat analysts' consensus estimates by 2.5% while next quarter's revenue guidance was in line. In light of this news, share prices of the companies have held steady as they are up 4.8% on average since the latest earnings results. Started in 1998 as a platform to broadcast press conferences, ON24's (NYSE:ONTF) software helps organizations organize online webinars and other virtual events and convert prospects into customers. ON24 reported revenues of $34.73 million, down 7.9% year on year. This print exceeded analysts' expectations by 1.5%. Despite the top-line beat, it was still a slower quarter for the company with full-year EPS guidance missing analysts' expectations. The stock is up 17.4% since reporting and currently trades at $5.53. Read our full report on ON24 here, it's free. Founded in 2006 by Howard Lerman, Yext (NYSE:YEXT) offers software as a service that helps their clients manage and monitor their online listings and customer reviews across all relevant databases, from Google Maps to Alexa or Siri. Yext reported revenues of $109.5 million, up 14.1% year on year, outperforming analysts' expectations by 1.8%. The business had an exceptional quarter with a solid beat of analysts' annual recurring revenue estimates and an impressive beat of analysts' billings estimates. The market seems happy with the results as the stock is up 30.4% since reporting. It currently trades at $8.88. Is now the time to buy Yext? Access our full analysis of the earnings results here, it's free. Founded in 2011 after the co-founders met at NYC Disrupt Hackathon, Braze (NASDAQ:BRZE) is a customer engagement software platform that allows brands to connect with customers through data-driven and contextual marketing campaigns. Braze reported revenues of $162.1 million, up 19.6% year on year, exceeding analysts' expectations by 2.2%. Still, it was a slower quarter as it posted full-year EPS guidance missing analysts' expectations. As expected, the stock is down 17.1% since the results and currently trades at $29.96. Read our full analysis of Braze's results here. While the company is not a domain registrar and does not directly sell domain names to end users, Verisign (NASDAQ:VRSN) operates and maintains the infrastructure to support domain names such as .com and .net. VeriSign reported revenues of $402.3 million, up 4.7% year on year. This result was in line with analysts' expectations. Taking a step back, it was a mixed quarter as it failed to impress in some other areas of the business. The stock is up 11.8% since reporting and currently trades at $282.30. Read our full, actionable report on VeriSign here, it's free. Founded in Chennai, India in 2010 with the idea of creating a 'fresh' helpdesk product, Freshworks (NASDAQ: FRSH) offers a broad range of software targeted at small and medium-sized businesses. Freshworks reported revenues of $196.3 million, up 18.9% year on year. This number beat analysts' expectations by 2.1%. It was a strong quarter as it also put up accelerating growth in large customers and a solid beat of analysts' EBITDA estimates. The company added 717 enterprise customers paying more than $5,000 annually to reach a total of 23,275. The stock is up 8.4% since reporting and currently trades at $15.55. Read our full, actionable report on Freshworks here, it's free. The Fed's interest rate hikes throughout 2022 and 2023 have successfully cooled post-pandemic inflation, bringing it closer to the 2% target. Inflationary pressures have eased without tipping the economy into a recession, suggesting a soft landing. This stability, paired with recent rate cuts (0.5% in September 2024 and 0.25% in November 2024), fueled a strong year for the stock market in 2024. The markets surged further after Donald Trump's presidential victory in November, with major indices reaching record highs in the days following the election. Still, questions remain about the direction of economic policy, as potential tariffs and corporate tax changes add uncertainty for 2025. Want to invest in winners with rock-solid fundamentals? Check out our Strong Momentum Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
28-05-2025
- Business
- Yahoo
1 Safe-and-Steady Stock to Research Further and 2 to Be Wary Of
Stability is great, but low-volatility stocks may struggle to deliver market-beating returns over time as they sometimes underperform during bull markets. Luckily for you, StockStory helps you navigate which companies are truly worth holding. That said, here is one low-volatility stock that could offer consistent gains and two that may not keep up. Rolling One-Year Beta: 0.85 Started in 1998 as a platform to broadcast press conferences, ON24's (NYSE:ONTF) software helps organizations organize online webinars and other virtual events and convert prospects into customers. Why Are We Out on ONTF? Offerings couldn't generate interest over the last year as its billings have averaged 3.3% declines Forecasted revenue decline of 6% for the upcoming 12 months implies demand will fall even further Customer acquisition costs take a while to recoup, making it difficult to justify sales and marketing investments that could increase revenue At $5.71 per share, ON24 trades at 1.7x forward price-to-sales. If you're considering ONTF for your portfolio, see our FREE research report to learn more. Rolling One-Year Beta: 0.36 Headquartered in Maryland, Famous for the F-35 aircraft, Lockheed Martin (NYSE:LMT) specializes in defense, space, homeland security, and information technology products. Why Do We Think LMT Will Underperform? Scale is a double-edged sword because it limits the company's growth potential compared to its smaller competitors, as reflected in its below-average annual revenue increases of 3.3% for the last five years Incremental sales over the last five years were less profitable as its earnings per share were flat while its revenue grew Waning returns on capital imply its previous profit engines are losing steam Lockheed Martin's stock price of $476.75 implies a valuation ratio of 16.9x forward P/E. Dive into our free research report to see why there are better opportunities than LMT. Rolling One-Year Beta: 0.23 Founded to commercialize SIMSCRIPT, CACI International (NYSE:CACI) offers defense, intelligence, and IT solutions to support national security and government transformation efforts. Why Does CACI Stand Out? Demand is greater than supply as the company's 13% average backlog growth over the past two years shows it's securing new contracts and accumulating more orders than it can fulfill Projected revenue growth of 9.2% for the next 12 months suggests its momentum from the last two years will persist Share repurchases over the last two years enabled its annual earnings per share growth of 16.9% to outpace its revenue gains CACI is trading at $467.27 per share, or 17.6x forward P/E. Is now the right time to buy? See for yourself in our full research report, it's free. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today for free.
Yahoo
23-05-2025
- Business
- Yahoo
1 Unpopular Stock that Deserves a Second Chance and 2 to Be Wary Of
When Wall Street turns bearish on a stock, it's worth paying attention. These calls stand out because analysts rarely issue grim ratings on companies for fear their firms will lose out in other business lines such as M&A advisory. Whatever the consensus opinion may be, our team at StockStory cuts through the noise by conducting independent analysis to determine a company's long-term prospects. That said, here is one stock poised to prove Wall Street wrong and two where the skepticism is well-placed. Consensus Price Target: $5.33 (-2.3% implied return) Started in 1998 as a platform to broadcast press conferences, ON24's (NYSE:ONTF) software helps organizations organize online webinars and other virtual events and convert prospects into customers. Why Do We Pass on ONTF? Offerings couldn't generate interest over the last year as its billings have averaged 3.3% declines Sales are expected to decline once again over the next 12 months as it continues working through a challenging demand environment Extended payback periods on sales investments suggest the company's platform isn't resonating enough to drive efficient sales conversions ON24's stock price of $5.46 implies a valuation ratio of 1.7x forward price-to-sales. To fully understand why you should be careful with ONTF, check out our full research report (it's free). Consensus Price Target: $1,245 (9.6% implied return) With roots dating back to the precision balance innovations of Swiss engineer Erhard Mettler, Mettler-Toledo (NYSE:MTD) manufactures precision weighing instruments, analytical equipment, and product inspection systems used in laboratories, industrial settings, and food retail. Why Are We Cautious About MTD? Core business is underperforming as its organic revenue has disappointed over the past two years, suggesting it might need acquisitions to stimulate growth Anticipated sales growth of 3.4% for the next year implies demand will be shaky Static adjusted operating margin over the last two years shows it couldn't become more efficient At $1,136 per share, Mettler-Toledo trades at 26.1x forward P/E. Dive into our free research report to see why there are better opportunities than MTD. Consensus Price Target: $1,054 (3.4% implied return) Designed to be a one-stop shop for the suburban consumer, Costco (NASDAQ:COST) is a membership-only retail chain that sells groceries, apparel, toys, and household items, often in bulk quantities. Why Is COST a Top Pick? Locations open for at least a year are seeing increased demand as same-store sales have averaged 4.4% growth over the past two years Enormous revenue base of $264.1 billion compensates for its low gross margin and provides significant leverage in supplier negotiations ROIC punches in at 33.5%, illustrating management's expertise in identifying profitable investments Costco is trading at $1,020 per share, or 53.5x forward P/E. Is now a good time to buy? See for yourself in our full research report, it's free. Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Tecnoglass (+1,754% five-year return). Find your next big winner with StockStory today for free.
Yahoo
12-05-2025
- Business
- Yahoo
ON24 Authorizes $50 Million Share Repurchase Program
SAN FRANCISCO, May 12, 2025--(BUSINESS WIRE)--ON24 (NYSE: ONTF), a leading intelligent engagement platform for B2B marketing, today announced that its Board of Directors has authorized a share repurchase where ON24 may purchase up to $50 million of its common stock. "Our recent announcement of a $50 million share repurchase program reflects the Board's confidence in the strength of ON24's business, platform capabilities and market presence. This announcement reflects our confidence in the company's strategy and is enabled by our strong balance sheet. It provides another avenue for us to create long-term value for shareholders, while delivering on our mission," said Sharat Sharan, CEO of ON24 Inc. Under the repurchase program, ON24 may purchase shares of common stock on a discretionary basis from time to time through open market repurchases, privately negotiated transactions, or other means, including through Rule 10b5-1 trading plans, and ON24 expects repurchases under the program to extend over multiple quarters. The timing and number of shares repurchased under the program will depend on a variety of factors, including stock price, trading volume, and general business and market conditions. The repurchase program does not obligate ON24 to acquire any particular amount of common stock and may be modified, suspended, or discontinued at any time at the company's discretion. Repurchases under this program will be funded from the company's existing cash and cash equivalents or future cash flow. As of March 31, 2025, ON24 had $181 million in cash, cash equivalents, and marketable securities. About ON24 ON24 is on a mission to help businesses bring their go-to-market strategy into the AI era and drive cost-effective revenue growth. Through its leading intelligent engagement platform, ON24 enables customers to combine our leading first-party experiences with personalization and content as well as capture and act on engagement insights, accelerating the buyer journey and propelling pipeline forward. ON24 provides industry-leading companies, including 4 of the 5 largest global software companies, 3 of the 5 top global asset management firms, 3 of the 5 largest global pharmaceutical companies and 3 of the 5 largest global industrial companies, with a valuable source of first-party data to drive sales and marketing innovation, improve efficiency and increase business results. Headquartered in San Francisco, ON24 has offices globally in North America, EMEA and APAC. For more information, visit Forward-Looking Statements This document contains "forward-looking statements" under applicable securities laws. Such statements can be identified by words such as: "outlook," "expect," "target," "believe," "plan," "future," "may," "should," "will," "position," and similar references to future periods. Forward-looking statements include express or implied statements regarding the timing, price and amount of potential repurchases of common stock, our expected financial and operating results, the execution of our repurchase program, the size of our market opportunity, the success of our new products and capabilities, including our new AI-powered Analytics and Content Engine, and other statements regarding our ability to achieve our business strategies, growth, or other future events or conditions. Such statements are based on our current beliefs, expectations, and assumptions about future events or conditions, which are subject to inherent risks and uncertainties, including our ability to attract new customers and expand sales to existing customers; declines in our growth rate; fluctuation in our performance; our history of net losses; competition; technological development in our markets; decline in demand for our solutions; our ability to expand our sales and marketing capabilities and otherwise achieve our growth; the impact of the resumption of in-person marketing activities on our customer growth rate; disruptions or other issues with our technology or third-party services; compliance with data privacy, import and export controls, customs, sanctions and other laws and regulations; intellectual property matters; and matters relating to our common stock, along with the other risks and uncertainties discussed in the filings we make from time to time with the Securities and Exchange Commission. Actual results may differ materially from those indicated in forward-looking statements, and you should not place undue reliance on them. All statements herein are based only on information currently available to us and speak only as of the date hereof. Except as required by law, we undertake no obligation to update any such statement. © 2025 ON24, Inc. All rights reserved. ON24 and the ON24 logo are trademarks owned by ON24, Inc., and are registered in the United States Patent and Trademark Office and in other countries. View source version on Contacts Media:David Leepress@ Investor Relations:Lauren Sloane, The Blueshirt Group for ON24investorrelations@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
12-05-2025
- Business
- Business Wire
ON24 Authorizes $50 Million Share Repurchase Program
SAN FRANCISCO--(BUSINESS WIRE)--ON24 (NYSE: ONTF), a leading intelligent engagement platform for B2B marketing, today announced that its Board of Directors has authorized a share repurchase where ON24 may purchase up to $50 million of its common stock. "Our recent announcement of a $50 million share repurchase program reflects the Board's confidence in the strength of ON24's business, platform capabilities and market presence. This announcement reflects our confidence in the company's strategy and is enabled by our strong balance sheet. It provides another avenue for us to create long-term value for shareholders, while delivering on our mission,' said Sharat Sharan, CEO of ON24 Inc. Under the repurchase program, ON24 may purchase shares of common stock on a discretionary basis from time to time through open market repurchases, privately negotiated transactions, or other means, including through Rule 10b5-1 trading plans, and ON24 expects repurchases under the program to extend over multiple quarters. The timing and number of shares repurchased under the program will depend on a variety of factors, including stock price, trading volume, and general business and market conditions. The repurchase program does not obligate ON24 to acquire any particular amount of common stock and may be modified, suspended, or discontinued at any time at the company's discretion. Repurchases under this program will be funded from the company's existing cash and cash equivalents or future cash flow. As of March 31, 2025, ON24 had $181 million in cash, cash equivalents, and marketable securities. About ON24 ON24 is on a mission to help businesses bring their go-to-market strategy into the AI era and drive cost-effective revenue growth. Through its leading intelligent engagement platform, ON24 enables customers to combine our leading first-party experiences with personalization and content as well as capture and act on engagement insights, accelerating the buyer journey and propelling pipeline forward. ON24 provides industry-leading companies, including 4 of the 5 largest global software companies, 3 of the 5 top global asset management firms, 3 of the 5 largest global pharmaceutical companies and 3 of the 5 largest global industrial companies, with a valuable source of first-party data to drive sales and marketing innovation, improve efficiency and increase business results. Headquartered in San Francisco, ON24 has offices globally in North America, EMEA and APAC. For more information, visit Forward-Looking Statements This document contains 'forward-looking statements' under applicable securities laws. Such statements can be identified by words such as: 'outlook,' 'expect,' 'target,' 'believe,' 'plan,' 'future,' 'may,' 'should,' 'will,' 'position,' and similar references to future periods. Forward-looking statements include express or implied statements regarding the timing, price and amount of potential repurchases of common stock, our expected financial and operating results, the execution of our repurchase program, the size of our market opportunity, the success of our new products and capabilities, including our new AI-powered Analytics and Content Engine, and other statements regarding our ability to achieve our business strategies, growth, or other future events or conditions. Such statements are based on our current beliefs, expectations, and assumptions about future events or conditions, which are subject to inherent risks and uncertainties, including our ability to attract new customers and expand sales to existing customers; declines in our growth rate; fluctuation in our performance; our history of net losses; competition; technological development in our markets; decline in demand for our solutions; our ability to expand our sales and marketing capabilities and otherwise achieve our growth; the impact of the resumption of in-person marketing activities on our customer growth rate; disruptions or other issues with our technology or third-party services; compliance with data privacy, import and export controls, customs, sanctions and other laws and regulations; intellectual property matters; and matters relating to our common stock, along with the other risks and uncertainties discussed in the filings we make from time to time with the Securities and Exchange Commission. Actual results may differ materially from those indicated in forward-looking statements, and you should not place undue reliance on them. All statements herein are based only on information currently available to us and speak only as of the date hereof. Except as required by law, we undertake no obligation to update any such statement. © 2025 ON24, Inc. All rights reserved. ON24 and the ON24 logo are trademarks owned by ON24, Inc., and are registered in the United States Patent and Trademark Office and in other countries.
