
ON24 (ONTF) Stock Forecast & Price Target
ON24 (ONTF) Analyst Ratings
Bulls say
ON24 Inc has demonstrated a positive trend in customer retention, with net retention reaching 91% in 2024, reflecting an improvement from the mid-80s seen in 2023. The company reported an increase in operating cash flows, growing by $1.8 million year-over-year to $1.0 million, which supports its financial stability. Additionally, with subscription revenue anticipated to increase sequentially throughout FY25 and the guidance towards a stabilizing install base, the company's outlook remains strong amid the shifting landscape of digital engagement solutions.
Bears say
ON24 Inc is experiencing a concerning decline in key financial metrics, with customers generating annual recurring revenue (ARR) exceeding $100K decreasing by six quarter-over-quarter, leading to a total of 305. The company's initial fiscal year 2025 guidance anticipates a 5.4% revenue decline, further exacerbated by a yearly total revenue drop of 6.8%, driven by lower platform revenues and a significant 13.4% decrease in services revenues due to constrained marketing budgets and ongoing churn. Additionally, ON24's gross margins have slightly contracted, and the next guidance for non-GAAP earnings per share reflects a sharp decline from $0.13 in fiscal year 2024 to an expected range of $0.02-$0.05, underscoring a challenging financial outlook.
This aggregate rating is based on analysts' research of ON24 and is not a guaranteed prediction by Public.com or investment advice.
ON24 (ONTF) Analyst Forecast & Price Prediction
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