Brokers Issue Forecasts for Coveo Solutions FY2025 Earnings

Coveo Solutions Inc. (TSE:CVO) – Investment analysts at Stifel Canada decreased their FY2025 earnings estimates for shares of Coveo Solutions in a research note issued to investors on Tuesday, February 11th. Stifel Canada analyst S. Sukumar now anticipates that the company will earn ($0.01) per share for the year, down from their prior forecast of $0.03. The consensus estimate for Coveo Solutions’ current full-year earnings is ($0.21) per share.

Separately, Stifel Nicolaus upped their price target on shares of Coveo Solutions from C$10.00 to C$11.00 in a report on Wednesday. Eight equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Coveo Solutions currently has a consensus rating of “Buy” and an average price target of C$11.06.

Coveo Solutions Price Performance

TSE CVO opened at C$8.01 on Thursday. The company has a debt-to-equity ratio of 6.05, a quick ratio of 3.14 and a current ratio of 1.71. The stock has a market cap of C$431.18 million, a price-to-earnings ratio of -26.70, a PEG ratio of 0.09 and a beta of 0.75. The business has a 50 day simple moving average of C$6.46 and a 200 day simple moving average of C$6.32. Coveo Solutions has a 52-week low of C$5.07 and a 52-week high of C$11.80.

About Coveo Solutions

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.