ON24 (NYSE:ONTF) Updates Q1 2025 Earnings Guidance

ON24 (NYSE:ONTF) issued an update on its first quarter 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of -0.030–0.010 for the period, compared to the consensus earnings per share estimate of 0.010. The company issued revenue guidance of $34.0 million-$34.5 million, compared to the consensus revenue estimate of $34.3 million. ON24 also updated its FY 2025 guidance to 0.020-0.050 EPS.

ON24 Stock Down 0.1 %

Shares of NYSE ONTF traded down $0.01 during trading on Tuesday, reaching $6.09. 135,459 shares of the stock were exchanged, compared to its average volume of 95,164. The company has a market capitalization of $253.45 million, a price-to-earnings ratio of -5.85 and a beta of 0.52. The business’s 50-day moving average price is $6.62 and its 200 day moving average price is $6.42. ON24 has a twelve month low of $5.37 and a twelve month high of $7.48.

Wall Street Analysts Forecast Growth

Separately, Needham & Company LLC reiterated a “hold” rating on shares of ON24 in a report on Wednesday, January 15th.

Insider Activity at ON24

In related news, insider Jayesh Sahasi sold 5,047 shares of ON24 stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $7.00, for a total value of $35,329.00. Following the completion of the sale, the insider now owns 692,045 shares in the company, valued at approximately $4,844,315. The trade was a 0.72 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Steven Vattuone sold 4,269 shares of the company’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $6.63, for a total transaction of $28,303.47. Following the completion of the sale, the chief financial officer now directly owns 579,322 shares in the company, valued at $3,840,904.86. This represents a 0.73 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 168,637 shares of company stock valued at $1,110,727. 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.