FY2025 Earnings Forecast for Coveo Solutions Inc. Issued By National Bank Financial (TSE:CVO)

Coveo Solutions Inc. (TSE:CVO) – National Bank Financial reduced their FY2025 earnings per share estimates for Coveo Solutions in a note issued to investors on Wednesday, August 7th. National Bank Financial analyst R. Tse now anticipates that the company will post earnings per share of ($0.06) for the year, down from their prior estimate of ($0.04). The consensus estimate for Coveo Solutions’ current full-year earnings is ($0.21) per share.

CVO has been the topic of a number of other research reports. Stifel Nicolaus cut their price target on shares of Coveo Solutions from C$12.00 to C$10.00 in a report on Thursday, August 8th. Scotiabank reduced their price target on Coveo Solutions from C$14.00 to C$11.00 and set an “outperform” rating on the stock in a report on Tuesday, June 4th. Royal Bank of Canada dropped their price objective on Coveo Solutions from C$13.00 to C$11.00 in a report on Thursday, August 8th. Eight Capital reduced their target price on Coveo Solutions from C$16.00 to C$13.50 and set a “buy” rating on the stock in a research note on Tuesday, June 4th. Finally, National Bankshares dropped their price target on Coveo Solutions from C$14.00 to C$10.00 and set an “outperform” rating for the company in a research note on Tuesday, June 4th. Nine research analysts have rated the stock with a buy rating, According to MarketBeat.com, Coveo Solutions currently has a consensus rating of “Buy” and a consensus price target of C$10.94.

Coveo Solutions Stock Up 2.5 %

Shares of TSE CVO opened at C$6.06 on Monday. The firm’s fifty day moving average is C$7.17 and its 200 day moving average is C$8.77. Coveo Solutions has a 52 week low of C$5.73 and a 52 week high of C$12.48. The company has a quick ratio of 3.14, a current ratio of 1.71 and a debt-to-equity ratio of 6.05. The company has a market cap of C$326.21 million, a price-to-earnings ratio of -20.20, a PEG ratio of 0.09 and a beta of 0.77.

Coveo Solutions (TSE:CVO) last announced its quarterly earnings results on Wednesday, August 7th. The company reported C($0.08) EPS for the quarter, missing analysts’ consensus estimates of C($0.04) by C($0.04). The company had revenue of C$44.08 million during the quarter, compared to analysts’ expectations of C$43.87 million. Coveo Solutions had a negative return on equity of 13.95% and a negative net margin of 17.81%.

Coveo Solutions Company Profile

Coveo Solutions Inc provides AI platforms that enable individualized, connected, and trusted digital experiences. The Relevance Cloud platform, an AI solution that integrates AI search, recommendations, GenAI answering, AI models, and analytics across various digital domains; and is designed for scale, security, and compliance and integrates into enterprise ecosystems as a cloud-native SaaS, multi-tenant, API-first, and headless platform.