ON24 Market Capitalization from 2010 to 2024

ONTF Stock  USD 6.58  0.17  2.65%   
ON24's Market Cap is decreasing over the last several years with slightly volatile swings. Market Cap is predicted to flatten to about 334.2 M.
Check ON24 financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ON24's main balance sheet or income statement drivers, such as Tax Provision of 1.4 M, Net Interest Income of 1.9 M or Depreciation And Amortization of 4.5 M, as well as many indicators such as Price To Sales Ratio of 2.04, Dividend Yield of 0.13 or PTB Ratio of 1.85. ON24 financial statements analysis is a perfect complement when working with ON24 Valuation or Volatility modules.
  
Check out the analysis of ON24 Correlation against competitors.

Latest ON24's Market Capitalization Growth Pattern

Below is the plot of the Market Cap of ON24 Inc over the last few years. It is ON24's Market Cap historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ON24's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 274.06 M10 Years Trend
Slightly volatile
   Market Cap   
       Timeline  

ON24 Market Capitalization Regression Statistics

Arithmetic Mean2,279,867,961
Geometric Mean1,775,628,494
Coefficient Of Variation49.64
Mean Deviation959,411,253
Median2,886,110,109
Standard Deviation1,131,636,134
Sample Variance1280600.3T
Range2.8B
R-Value(0.74)
Mean Square Error625770.5T
R-Squared0.55
Significance0
Slope(187,019,750)
Total Sum of Squares17928404.8T

ON24 Market Capitalization History

2024334.2 M
2023351.8 M
2022409.8 M
2021828.1 M
20193.1 B

About ON24 Financial Statements

ON24 stakeholders use historical fundamental indicators, such as ON24's Market Capitalization, to determine how well the company is positioned to perform in the future. Although ON24 investors may analyze each financial statement separately, they are all interrelated. For example, changes in ON24's assets and liabilities are reflected in the revenues and expenses on ON24's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in ON24 Inc. Please read more on our technical analysis and fundamental analysis pages.
ON24, Inc. provides a cloud-based digital experience platform that enables businesses to convert customer engagement into revenue through interactive webinar, virtual event, and multimedia content experiences worldwide. The company was incorporated in 1998 and is headquartered in San Francisco, California. On24 operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. It employs 717 people.

Currently Active Assets on Macroaxis

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 the analysis of ON24 Correlation against competitors.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ON24. If investors know ON24 will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ON24 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.07)
Revenue Per Share
3.615
Quarterly Revenue Growth
(0.07)
Return On Assets
(0.11)
Return On Equity
(0.24)
The market value of ON24 Inc is measured differently than its book value, which is the value of ON24 that is recorded on the company's balance sheet. Investors also form their own opinion of ON24's value that differs from its market value or its book value, called intrinsic value, which is ON24's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ON24's market value can be influenced by many factors that don't directly affect ON24's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ON24's value and its price as these two are different measures arrived at by different means. Investors typically determine if ON24 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ON24's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.