Update shared on03 Aug 2025
Fair value Increased 18%The analyst price target for Coveo Solutions has been notably raised, primarily driven by higher expected revenue growth and an increased future P/E multiple, resulting in a new consensus fair value of CA$11.61 per share.
What's in the News
- Coveo Solutions issued Q2 2026 revenue guidance of $36.6–$37.1 million and FY 2026 guidance of $147.5–$150.5 million.
- A new share repurchase program was announced, authorizing the buyback of up to 5,423,244 shares (9.73% of outstanding), ending July 16, 2026; repurchased shares will be cancelled.
- The previous buyback plan expired.
- As of July 4, 2025, the company had 55,730,805 shares outstanding.
- Under the prior buyback program, a total of 2,179,585 shares (2.25% of outstanding) were repurchased for CAD 9.9 million; no shares were repurchased from January to March 2025.
Valuation Changes
Summary of Valuation Changes for Coveo Solutions
- The Consensus Analyst Price Target has significantly risen from CA$9.84 to CA$11.61.
- The Future P/E for Coveo Solutions has significantly risen from 31.89x to 54.96x.
- The Consensus Revenue Growth forecasts for Coveo Solutions has significantly risen from 13.2% per annum to 14.5% per annum.
Disclaimer
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