tiprankstipranks
Blurbs

KeyBanc Thinks ON24’s Stock is Going to Recover

In a report released today, Steve Enders from KeyBanc maintained a Buy rating on ON24 (ONTFResearch Report), with a price target of $20.00. The company’s shares closed last Monday at $15.60, close to its 52-week low of $14.03.

According to TipRanks.com, Enders is a 1-star analyst with an average return of -4.0% and a 44.9% success rate. Enders covers the Technology sector, focusing on stocks such as Zoom Video Communications, Pure Storage, and Pegasystems.

ON24 has an analyst consensus of Moderate Buy, with a price target consensus of $20.00, which is a 32.2% upside from current levels. In a report released today, Needham also maintained a Buy rating on the stock with a $25.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

The company has a one-year high of $64.50 and a one-year low of $14.03. Currently, ON24 has an average volume of 418.5K.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

ON24 Inc provides a cloud-based digital experience platform that enables businesses to convert customer engagement into revenue through interactive webinar experiences, virtual event experiences, and multimedia content experiences. The company derives revenue from subscription agreements with customers for accessing the platform and related services.

Read More on ONTF:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More