ON24 Stock Target Price and Analyst Consensus

ONTF Stock  USD 6.43  0.18  2.88%   
The current analyst and expert consensus on ON24 is Hold with 5 hold recommendations. The current projected ON24 target price consensus is 8.67 with 5 analyst opinions. One of the most common ways ON24 Inc analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to ON24 vendors, executives, and/or customers. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on ON24. We strongly encourage you to use your own analysis of ON24 Inc to validate this buy or sell advice. ON24 recommendation module provides expert sentiment on the projected ON24 Inc target price to derive its highest and lowest estimates based on target price standard deviation of 2.1908.
Lowest Forecast
7.89
Highest Forecast
9.62
Target Price
8.67
The ON24's current Gross Profit is estimated to increase to about 120.5 M, while Pretax Profit Margin is projected to decrease to (0.33). At this time, ON24's Other Liabilities is most likely to decrease significantly in the upcoming years. The ON24's current Net Tangible Assets is estimated to increase to about 369.5 M, while Short and Long Term Debt Total is projected to decrease to roughly 5.1 M.
  
It's important to approach ON24's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize ON24 price targets

ON24's stock target price is an estimate of its future price, usually made by analysts. Using ON24's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at ON24's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if ON24's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional ON24 Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of ON24 is a key component of ON24 valuation and have some predictive power on the future returns of a ON24.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ON24's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
4.266.438.60
Details
Intrinsic
Valuation
LowRealHigh
5.337.509.67
Details
Naive
Forecast
LowNextHigh
4.076.248.41
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.020.020.03
Details

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When determining whether ON24 Inc is a strong investment it is important to analyze ON24's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ON24's future performance. For an informed investment choice regarding ON24 Stock, refer to the following important reports:
Check out Macroaxis Advice on ON24 to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.