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Coveo Solutions TSX:CVO Stock Report

Last Price

CA$8.47

Market Cap

CA$936.9m

7D

6.5%

1Y

28.5%

Updated

19 May, 2024

Data

Company Financials +

Coveo Solutions Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Coveo Solutions
Historical stock prices
Current Share PriceCA$8.47
52 Week HighCA$12.48
52 Week LowCA$6.26
Beta1.03
1 Month Change-6.20%
3 Month Change-22.51%
1 Year Change28.53%
3 Year Changen/a
5 Year Changen/a
Change since IPO-47.72%

Recent News & Updates

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

Recent updates

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
7D6.5%-0.01%0.9%
1Y28.5%26.1%10.8%

Return vs Industry: CVO exceeded the Canadian Software industry which returned 26% over the past year.

Return vs Market: CVO exceeded the Canadian Market which returned 10.8% over the past year.

Price Volatility

Is CVO's price volatile compared to industry and market?
CVO volatility
CVO Average Weekly Movement5.6%
Software Industry Average Movement9.1%
Market Average Movement8.9%
10% most volatile stocks in CA Market17.8%
10% least volatile stocks in CA Market3.0%

Stable Share Price: CVO's share price has been volatile over the past 3 months.

Volatility Over Time: CVO's weekly volatility (6%) 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. 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. Its Relevance Generative Answering capability unifies LLM technology with its platform, ensuring scalable relevance, factuality, and traceable data sources, as well as addresses the unique challenges of deploying generative AI for enterprise use cases, enabling global brands to achieve tangible financial value through digital experiences.

Coveo Solutions Inc. Fundamentals Summary

How do Coveo Solutions's earnings and revenue compare to its market cap?
CVO fundamental statistics
Market capCA$936.94m
Earnings (TTM)-CA$36.46m
Revenue (TTM)CA$166.87m

5.6x

P/S Ratio

-25.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CVO income statement (TTM)
RevenueUS$122.62m
Cost of RevenueUS$27.41m
Gross ProfitUS$95.21m
Other ExpensesUS$122.00m
Earnings-US$26.79m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Jun 03, 2024

Earnings per share (EPS)-0.24
Gross Margin77.64%
Net Profit Margin-21.85%
Debt/Equity Ratio0%

How did CVO perform over the long term?

See historical performance and comparison
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