I am downgrading ON24 stock to a neutral rating on weak Q3 results, which saw a -7% y/y decline in revenue. ON24's ARR is also stubbornly declining, and the company's promises for ARR stabilization ...

ON24 continues to lose revenue, failing to stabilize its core business despite management's claims and a bargain valuation. The company's product is niche and uncompetitive versus larger rivals like ...