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Coveo Solutions TSX:CVO Stock Report

Last Price

CA$6.87

Market Cap

CA$658.2m

7D

4.2%

1Y

-29.5%

Updated

20 Dec, 2024

Data

Company Financials +

CVO Stock Overview

Provides AI platforms that enable individualized, connected, and trusted digital experiences in Canada, the United States, and internationally. More details

CVO fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance0/6
Financial Health6/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Coveo Solutions Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Coveo Solutions
Historical stock prices
Current Share PriceCA$6.87
52 Week HighCA$12.48
52 Week LowCA$5.07
Beta1.12
1 Month Change1.63%
3 Month Change9.39%
1 Year Change-29.47%
3 Year Change-56.52%
5 Year Changen/a
Change since IPO-57.59%

Recent News & Updates

Coveo Solutions Inc.'s (TSE:CVO) Intrinsic Value Is Potentially 68% Above Its Share Price

Dec 11
Coveo Solutions Inc.'s (TSE:CVO) Intrinsic Value Is Potentially 68% Above Its Share Price

Coveo Solutions Inc. (TSE:CVO) Just Released Its Second-Quarter Earnings: Here's What Analysts Think

Nov 07
Coveo Solutions Inc. (TSE:CVO) Just Released Its Second-Quarter Earnings: Here's What Analysts Think

Optimistic Investors Push Coveo Solutions Inc. (TSE:CVO) Shares Up 27% But Growth Is Lacking

Nov 06
Optimistic Investors Push Coveo Solutions Inc. (TSE:CVO) Shares Up 27% But Growth Is Lacking

Recent updates

Coveo Solutions Inc.'s (TSE:CVO) Intrinsic Value Is Potentially 68% Above Its Share Price

Dec 11
Coveo Solutions Inc.'s (TSE:CVO) Intrinsic Value Is Potentially 68% Above Its Share Price

Coveo Solutions Inc. (TSE:CVO) Just Released Its Second-Quarter Earnings: Here's What Analysts Think

Nov 07
Coveo Solutions Inc. (TSE:CVO) Just Released Its Second-Quarter Earnings: Here's What Analysts Think

Optimistic Investors Push Coveo Solutions Inc. (TSE:CVO) Shares Up 27% But Growth Is Lacking

Nov 06
Optimistic Investors Push Coveo Solutions Inc. (TSE:CVO) Shares Up 27% But Growth Is Lacking

Coveo Solutions Inc.'s (TSE:CVO) Popularity With Investors Under Threat As Stock Sinks 27%

Aug 08
Coveo Solutions Inc.'s (TSE:CVO) Popularity With Investors Under Threat As Stock Sinks 27%

CA$11.34: That's What Analysts Think Coveo Solutions Inc. (TSE:CVO) Is Worth After Its Latest Results

Jun 07
CA$11.34: That's What Analysts Think Coveo Solutions Inc. (TSE:CVO) Is Worth After Its Latest Results

We're Not Worried About Coveo Solutions' (TSE:CVO) Cash Burn

Apr 20
We're Not Worried About Coveo Solutions' (TSE:CVO) Cash Burn

Coveo Solutions Inc. (TSE:CVO) Stock Rockets 32% As Investors Are Less Pessimistic Than Expected

Feb 10
Coveo Solutions Inc. (TSE:CVO) Stock Rockets 32% As Investors Are Less Pessimistic Than Expected

We're Interested To See How Coveo Solutions (TSE:CVO) Uses Its Cash Hoard To Grow

Jan 11
We're Interested To See How Coveo Solutions (TSE:CVO) Uses Its Cash Hoard To Grow

Is Now An Opportune Moment To Examine Coveo Solutions Inc. (TSE:CVO)?

Nov 24
Is Now An Opportune Moment To Examine Coveo Solutions Inc. (TSE:CVO)?

We Think Coveo Solutions (TSE:CVO) Can Easily Afford To Drive Business Growth

Oct 09
We Think Coveo Solutions (TSE:CVO) Can Easily Afford To Drive Business Growth

Coveo Solutions Inc. (TSE:CVO) Analysts Are Pretty Bullish On The Stock After Recent Results

Feb 09
Coveo Solutions Inc. (TSE:CVO) Analysts Are Pretty Bullish On The Stock After Recent Results

Shareholder Returns

CVOCA SoftwareCA Market
7D4.2%-4.0%-2.6%
1Y-29.5%29.7%15.2%

Return vs Industry: CVO underperformed the Canadian Software industry which returned 29.5% over the past year.

Return vs Market: CVO underperformed the Canadian Market which returned 15% over the past year.

Price Volatility

Is CVO's price volatile compared to industry and market?
CVO volatility
CVO Average Weekly Movement9.1%
Software Industry Average Movement10.9%
Market Average Movement8.1%
10% most volatile stocks in CA Market17.3%
10% least volatile stocks in CA Market2.9%

Stable Share Price: CVO has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: CVO's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2004743Louis Tetuwww.coveo.com

Coveo Solutions Inc. provides AI platforms that enable individualized, connected, and trusted digital experiences in Canada, the United States, and internationally. Its AI platform powers search, recommendations, and generative answering in digital experiences across commerce, service, website, and workplace applications. Its Coveo Relevance Generative Answering capability integrates LLM technology with Coveo's platform to feed generative AI with a common, secure unified index, and real-time content, helping to drive relevance at scale and consistent factuality with secure sources of truth across all channels.

Coveo Solutions Inc. Fundamentals Summary

How do Coveo Solutions's earnings and revenue compare to its market cap?
CVO fundamental statistics
Market capCA$658.19m
Earnings (TTM)-CA$31.16m
Revenue (TTM)CA$185.81m

3.6x

P/S Ratio

-21.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CVO income statement (TTM)
RevenueUS$129.30m
Cost of RevenueUS$27.97m
Gross ProfitUS$101.33m
Other ExpensesUS$123.01m
Earnings-US$21.68m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.22
Gross Margin78.37%
Net Profit Margin-16.77%
Debt/Equity Ratio0%

How did CVO perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 08:36
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Coveo Solutions Inc. is covered by 10 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Thanos MoschopoulosBMO Capital Markets Equity Research
Koji IkedaBofA Global Research
Douglas TaylorCanaccord Genuity