Brokers Set Expectations for Coveo Solutions FY2025 Earnings

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

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

Coveo Solutions Stock Performance

CVO opened at C$8.01 on Thursday. The business’s 50-day simple moving average is C$6.46 and its 200 day simple moving average is C$6.32. Coveo Solutions has a 52-week low of C$5.07 and a 52-week high of C$11.80. 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 firm has a market capitalization of C$431.18 million, a PE ratio of -26.70, a PEG ratio of 0.09 and a beta of 0.75.

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.