Coveo Solutions Reports Record Fourth Quarter Performance and Strategic Shift

The latest announcement is out from Coveo Solutions ( (TSE:CVO) ).

Coveo Solutions announced its financial results for the fourth quarter and fiscal year 2025, highlighting the best fourth-quarter new business performance in its history and a significant increase in generative AI customers. The company reported a 6% increase in total revenue to $133.3 million for FY25, with a notable 11% growth in its core platform’s SaaS subscription revenue. Despite a net loss of $13.8 million, Coveo achieved positive cash flows from operating activities of $11.1 million, reflecting a strategic focus on its core platform and the deprecation of the Qubit Platform. This strategic shift is expected to enhance growth and operational efficiency, positioning Coveo for continued innovation and customer excellence in fiscal year 2026.

The most recent analyst rating on (TSE:CVO) stock is a Buy with a C$12.00 price target. To see the full list of analyst forecasts on Coveo Solutions stock, see the TSE:CVO Stock Forecast page.

Spark’s Take on TSE:CVO Stock

According to Spark, TipRanks’ AI Analyst, TSE:CVO is a Neutral.

Coveo Solutions’ stock score reflects a company with strong revenue growth and a solid balance sheet but facing profitability challenges. The recent corporate events and leadership changes provide a positive outlook, while technical indicators suggest cautious market sentiment. The valuation remains unattractive due to negative earnings, impacting the overall score.

To see Spark’s full report on TSE:CVO stock, click here.

More about Coveo Solutions

Coveo Solutions is a leader in AI-Relevance, providing best-in-class search and generative experiences that enhance business outcomes across various points of experience. The company focuses on AI Search as a crucial component of overall AI strategies, catering to businesses seeking tangible results and clear ROI from their AI investments.

Average Trading Volume: 106,823

Technical Sentiment Signal: Buy

Current Market Cap: C$675.6M

Find detailed analytics on CVO stock on TipRanks’ Stock Analysis page.