Share Price | ON24, Inc. Stock Analysis & Recommendation

Q: What does ON24, Inc. do?

Overview: ON24, Inc. operates in the software products industry and is categorized as a micro-cap company.Financial Snapshot: Most recent Net Sales: 35 Million (Quarterly Results - Mar 2025) Most recent Net Profit: -9 Million (Quarterly Results - Mar 2025) Market-cap: USD 227.24 Million (Micro Cap)Key Metrics: P/E: NA (Loss Making) Industry P/E: NA Dividend Yield: 0.00% Debt Equity: -1.17 Return on Equity: -24.72% Price to Book: 1.48Contact Details: Registrar Address: Not available.

Q: Is ON24, Inc. overvalued or undervalued?

As of 9 November 2021, the valuation grade for ON24, Inc. moved from fair to risky, indicating a deterioration in its investment appeal. The company appears to be overvalued given its negative financial metrics, including a Price to Book Value of 1.53 and an EV to Sales ratio of 0.38, which suggest that investors are paying a premium despite the company's losses. Additionally, the ROE stands at -24.72%, further highlighting the challenges the company faces.In comparison to its peers, ON24, Inc. has a P/E ratio of -7.0057, while Domo, Inc. shows a P/E of -9.3734, and Inspired Entertainment, Inc. has a more favorable P/E of 3.9936. This indicates that ON24 is underperforming relative to some of its competitors. Furthermore, the company's stock has underperformed against the S&P 500 over multiple periods, with a year-to-date return of -9.44% compared to the S&P 500's 12.22%, reinforcing the notion that the stock may not be a sound investment at its current valuation.

Q: Is ON24, Inc. technically bullish or bearish?

As of 8 September 2025, the technical trend for ON24, Inc. has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by daily moving averages indicating a bearish trend, while weekly and monthly MACD, KST, and Dow Theory show mildly bullish signals. However, the overall bearish trend is reinforced by the Bollinger Bands on a monthly basis. In terms of multi-period returns, ON24 has underperformed against the S&P 500, with a year-to-date return of -9.44% compared to the S&P 500's 12.22%, and a one-year return of -3.62% versus 17.14% for the index.

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

233.65 k

Shareholding (Sep 2025)

FII

3.10%

Held by 41 FIIs

DII

73.74%

Held by 26 DIIs

Promoter

0.32%

How big is ON24, Inc.?

22-Jun-2025

As of Jun 18, ON24, Inc. has a market capitalization of 227.24 million and reported net sales of 145.09 million with a net profit of -40.16 million over the latest four quarters. Shareholder's funds are at 159.41 million, and total assets amount to 250.95 million.

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What does ON24, Inc. do?

22-Jun-2025

ON24, Inc. is a micro-cap software company with recent net sales of $35 million and a net loss of $9 million. It has a market cap of $227.24 million and key metrics indicating it is currently unprofitable.

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Is ON24, Inc. overvalued or undervalued?

20-Sep-2025

As of November 9, 2021, ON24, Inc. is considered a risky investment due to its overvaluation, negative financial metrics, and underperformance compared to peers and the S&P 500.

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Is ON24, Inc. technically bullish or bearish?

20-Sep-2025

As of September 8, 2025, ON24, Inc. shows a mildly bearish trend, with daily moving averages indicating bearishness, while it has underperformed the S&P 500 with year-to-date and one-year returns of -9.44% and -3.62%, respectively.

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Compare ON24, Inc. with Similar Stocks

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Score

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Strong Sell

Sell

Hold

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Strong Buy

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Dashboard

Poor Management Efficiency with a low ROE of 0.79%

The company has been able to generate a Return on Equity (avg) of 0.79% signifying low profitability per unit of shareholders funds

Poor long term growth as Operating profit has grown by an annual rate -309.97% of over the last 5 years

Positive results in Jun 25

Risky - Negative EBITDA

Consistent Underperformance against the benchmark over the last 3 years

Mojo Parameters

Stock DNA

Industry

Software Products

Market cap

USD 339 Million (Micro Cap)

P/E

NA (Loss Making)

Industry P/E

Dividend Yield

0.00%

Debt Equity

-1.21

Return on Equity

-20.25%

Price to Book

2.35

Revenue and Profits:

Net Sales:

35 Million

(Quarterly Results - Jun 2025)

Net Profit:

-7 Million

Total Returns

Total Returns (Price + Dividend)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

47.0%

6 Months

62.53%

1 Year

11.98%

2 Years

2.48%

3 Years

-21.11%

4 Years

-51.24%

5 Years

-88.62%

ON24, Inc. for the last several years.

Risk Adjusted Returns v/s

News & Corporate Actions

News

No Recent News for the Company

Announcements

No announcement available

Corporate Actions

No corporate action available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

5.95%

EBIT Growth (5y)

-309.97%

EBIT to Interest (avg)

-34.23

Debt to EBITDA (avg)

Negative Net Debt

Net Debt to Equity (avg)

-1.17

Sales to Capital Employed (avg)

0.90

Tax Ratio

0.86%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

80.01%

ROCE (avg)

ROE (avg)

0.79%

Valuation key factors

Factor

Value

P/E Ratio

NA (Loss Making)

Industry P/E

Price to Book Value

1.53

EV to EBIT

-1.20

EV to EBITDA

-1.34

EV to Capital Employed

-2.17

EV to Sales

0.38

PEG Ratio

Dividend Yield

ROCE (Latest)

Negative Capital Employed

ROE (Latest)

-24.72%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Bullish

Mildly Bullish

RSI

Bearish

No Signal

Bollinger Bands

Mildly Bullish

Moving Averages

Bullish (Daily)

KST

Bullish

Mildly Bullish

Dow Theory

Mildly Bullish

OBV

No Trend

Mildly Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Sep 2025

Shareholding Compare (%holding)

Majority shareholders

Domestic Funds

Held in 32 Schemes (22.84%)

Foreign Institutions

Held by 41 Foreign Institutions (3.1%)

Strategic Entities with highest holding

Highest Public shareholder

Financial

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        "Mar'25",
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          "val2": "34.70",
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          "val2": "-8.40",
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          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
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        {
          "field": "Exceptional Items",
          "val1": "-0.70",
          "val2": "-0.80",
          "chgp": "12.50%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-7.30",
          "val2": "-8.70",
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          "chgp_class": "positive"
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          "field": "Operating Profit Margin (Excl OI)",
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          "val2": "-278.80%",
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        "prefix": "Consolidated Net Profit ",
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        "Dec'24",
        "Dec'23",
        "Change(%)"
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          "val2": "163.70",
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        },
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          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-43.30",
          "val2": "-48.80",
          "chgp": "11.27%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.10",
          "chgp": "-100.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "-2.60",
          "val2": "-7.90",
          "chgp": "67.09%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-42.20",
          "val2": "-51.80",
          "chgp": "18.53%",
          "chgp_class": "positive"
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          "field": "Operating Profit Margin (Excl OI)",
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Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ

Jun'25

Mar'25

Change(%)

Net Sales

35.30

34.70

1.73%

Operating Profit (PBDIT) excl Other Income

-7.20

-8.40

14.29%

Interest

0.00

Exceptional Items

-0.70

-0.80

12.50%

Consolidate Net Profit

-7.30

-8.70

16.09%

Operating Profit Margin (Excl OI)

-239.10%

-278.80%

3.97%

USD in Million.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Jun 2025 is 1.73% vs -5.45% in Mar 2025

Consolidated Net Profit

QoQ Growth in quarter ended Jun 2025 is 16.09% vs 2.25% in Mar 2025

All Quarterly Results

Annual Results Snapshot (Consolidated) - Dec'24

Dec'24

Dec'23

Change(%)

Net Sales

148.10

163.70

-9.53%

Operating Profit (PBDIT) excl Other Income

-43.30

-48.80

11.27%

Interest

0.00

0.10

-100.00%

Exceptional Items

-2.60

-7.90

67.09%

Consolidate Net Profit

-42.20

-51.80

18.53%

Operating Profit Margin (Excl OI)

-324.80%

-330.70%

0.59%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in year ended Dec 2024 is -9.53% vs -14.25% in Dec 2023

Consolidated Net Profit

YoY Growth in year ended Dec 2024 is 18.53% vs 11.00% in Dec 2023

All Annual Results

Company CV

About ON24, Inc.

ON24, Inc.

Software Products

No Details Available.

Company Coordinates

No Company Details Available

ON24, Inc.

1Day

52 Week

CASH

FII

DII

Promoter

How big is ON24, Inc.?

Watch in Real-Time

What does ON24, Inc. do?

Is ON24, Inc. overvalued or undervalued?

Is ON24, Inc. technically bullish or bearish?

Compare ON24, Inc. with Similar Stocks

MarketsMojo — Loved in India, Now Global

Dashboard

Poor Management Efficiency with a low ROE of 0.79%

Poor long term growth as Operating profit has grown by an annual rate -309.97% of over the last 5 years

Positive results in Jun 25

Risky - Negative EBITDA

Consistent Underperformance against the benchmark over the last 3 years

Mojo Parameters

Stock DNA

Total Returns (Price + Dividend)

Risk Adjusted Returns v/s

News

Announcements

Corporate Actions

Quality key factors

Valuation key factors

Technicals key factors

Shareholding Snapshot : Sep 2025

Shareholding Compare (%holding)

Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ

Annual Results Snapshot (Consolidated) - Dec'24

About ON24, Inc.

Company Coordinates