FY2026 EPS Forecast for Coveo Solutions Decreased by Analyst

Coveo Solutions Inc. (TSE:CVO) – Equities researchers at Stifel Canada reduced their FY2026 earnings per share estimates for shares of Coveo Solutions in a note issued to investors on Sunday, October 27th. Stifel Canada analyst S. Sukumar now anticipates that the company will earn $0.23 per share for the year, down from their prior forecast of $0.24. The consensus estimate for Coveo Solutions’ current full-year earnings is ($0.21) per share.

CVO has been the topic of several other research reports. BMO Capital Markets reduced their price target on shares of Coveo Solutions from C$10.50 to C$10.00 in a report on Thursday, August 8th. Canaccord Genuity Group reduced their target price on Coveo Solutions from C$12.00 to C$11.00 and set a “buy” rating on the stock in a research note on Monday, July 15th. TD Securities dropped their price target on Coveo Solutions from C$12.00 to C$11.00 and set a “buy” rating for the company in a research report on Thursday, August 8th. Royal Bank of Canada reduced their price objective on Coveo Solutions from C$13.00 to C$11.00 in a research report on Thursday, August 8th. Finally, Stifel Nicolaus dropped their price objective on Coveo Solutions from C$12.00 to C$10.00 in a research report on Thursday, August 8th. Eight research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of C$10.94.

Coveo Solutions Price Performance

Coveo Solutions stock opened at C$5.25 on Wednesday. The company has a quick ratio of 3.14, a current ratio of 1.71 and a debt-to-equity ratio of 6.05. The firm’s 50-day simple moving average is C$5.88 and its 200 day simple moving average is C$7.02. Coveo Solutions has a 52 week low of C$5.07 and a 52 week high of C$12.48. The firm has a market capitalization of C$282.61 million, a PE ratio of -17.43, a P/E/G ratio of 0.09 and a beta of 0.75.

Coveo Solutions (TSE:CVO) last posted its earnings results on Wednesday, August 7th. The company reported C($0.08) EPS for the quarter, missing analysts’ consensus estimates of C($0.04) by C($0.04). Coveo Solutions had a negative return on equity of 13.95% and a negative net margin of 17.81%. The firm had revenue of C$44.08 million for the quarter, compared to analysts’ expectations of C$43.87 million.

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.