Coveo Solutions Future Growth

Future criteria checks 1/6

Coveo Solutions is forecast to grow earnings and revenue by 14.8% and 11.4% per annum respectively. EPS is expected to grow by 28.8% per annum. Return on equity is forecast to be 5.4% in 3 years.

Key information

14.8%

Earnings growth rate

28.8%

EPS growth rate

Software earnings growth30.0%
Revenue growth rate11.4%
Future return on equity5.4%
Analyst coverage

Good

Last updated04 Dec 2024

Recent future growth updates

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

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

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

Earnings and Revenue Growth Forecasts

TSX:CVO - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/2027171-20N/A122
3/31/2026153-1314179
3/31/2025134-169119
9/30/2024129-2267N/A
6/30/2024128-2356N/A
3/31/2024126-2434N/A
12/31/2023123-27-9-8N/A
9/30/2023119-31-5-4N/A
6/30/2023116-34-8-7N/A
3/31/2023112-40-8-6N/A
12/31/2022108-52-12-11N/A
9/30/2022103384-22-21N/A
6/30/202295333-30-27N/A
3/31/202286418-38-35N/A
12/31/20217853-26-23N/A
9/30/202172-475-18-15N/A
6/30/202168-470-7-3N/A
3/31/202165-60026N/A
3/31/202055-62-19-12N/A
3/31/201944-134-3-3N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CVO is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: CVO is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: CVO is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: CVO's revenue (11.4% per year) is forecast to grow faster than the Canadian market (7.3% per year).

High Growth Revenue: CVO's revenue (11.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CVO's Return on Equity is forecast to be low in 3 years time (5.4%).


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 14:41
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

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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