On May 8, 2025, Baird analyst Rob Oliver announced updates regarding ON24 (ONTF, Financial), adjusting the price target while maintaining the current analyst rating. The price target for ONTF was lowered from $7.00 to $5.00 USD. This represents a significant decrease of approximately 28.57%.
The analyst Rob Oliver maintained a 'Neutral' rating on ON24 (ONTF, Financial), unchanged from the previous evaluation. The updates reflect Baird's ongoing assessment of the company's market performance and future prospects.
This announcement regarding ON24 (ONTF, Financial), listed on the NYSE, is part of a routine analysis by Baird, and investors may want to consider this information when evaluating their portfolio and investment strategies.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 2 analysts, the average target price for ON24 Inc (ONTF, Financial) is $7.00 with a high estimate of $9.00 and a low estimate of $5.00. The average target implies an upside of 43.30% from the current price of $4.89. More detailed estimate data can be found on the ON24 Inc (ONTF) Forecast page.
Based on the consensus recommendation from 5 brokerage firms, ON24 Inc's (ONTF, Financial) average brokerage recommendation is currently 3.0, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for ON24 Inc (ONTF, Financial) in one year is $6.44, suggesting a upside of 31.83% from the current price of $4.885. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the ON24 Inc (ONTF) Summary page.
