ON24 (NYSE:ONTF) Releases FY 2025 Earnings Guidance

ON24 (NYSE:ONTF) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 0.050-0.060 for the period, compared to the consensus estimate of -0.240. The company issued revenue guidance of $138.6 million-$139.2 million, compared to the consensus revenue estimate of $138.0 million. ON24 also updated its Q4 2025 guidance to 0.010-0.020 EPS.

ON24 Price Performance

Shares of NYSE:ONTF traded up $0.07 during trading on Monday, hitting $5.01. The company had a trading volume of 151,623 shares, compared to its average volume of 149,426. The stock has a market cap of $211.74 million, a price-to-earnings ratio of -5.82 and a beta of 0.66. ON24 has a one year low of $4.35 and a one year high of $7.03. The company has a fifty day simple moving average of $5.56 and a two-hundred day simple moving average of $5.36.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on ONTF shares. Wall Street Zen cut ON24 from a “buy” rating to a “hold” rating in a report on Saturday, October 25th. Weiss Ratings restated a “sell (d-)” rating on shares of ON24 in a report on Wednesday, October 8th. Five analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, ON24 currently has an average rating of “Reduce” and a consensus price target of $5.33.

Insider Activity

In other ON24 news, insider Sharat Sharan sold 32,093 shares of the business’s stock in a transaction on Thursday, October 16th. The stock was sold at an average price of $5.45, for a total transaction of $174,906.85. Following the transaction, the insider owned 3,591,899 shares of the company’s stock, valued at approximately $19,575,849.55. The trade was a 0.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CRO James Blackie sold 4,592 shares of the business’s stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $5.52, for a total value of $25,347.84. Following the completion of the sale, the executive directly owned 512,852 shares in the company, valued at approximately $2,830,943.04. The trade was a 0.89% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 157,441 shares of company stock worth $864,434 over the last 90 days. Company insiders own 33.00% of the company’s stock.

Institutional Trading of ON24

Large investors have recently bought and sold shares of the company. Brevan Howard Capital Management LP purchased a new stake in shares of ON24 in the second quarter worth approximately $78,000. Ameriprise Financial Inc. grew its holdings in ON24 by 91.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 39,869 shares of the company’s stock valued at $216,000 after buying an additional 19,086 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in ON24 by 24.3% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,487 shares of the company’s stock worth $111,000 after buying an additional 4,004 shares during the period. Federated Hermes Inc. increased its position in ON24 by 0.4% during the second quarter. Federated Hermes Inc. now owns 1,172,241 shares of the company’s stock worth $6,365,000 after acquiring an additional 4,578 shares during the period. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in ON24 by 14.2% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 593,954 shares of the company’s stock valued at $3,225,000 after purchasing an additional 74,010 shares during the period. Institutional investors and hedge funds own 83.93% 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.