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Coveo Solutions ( (TSE:CVO) ) has provided an announcement.
Coveo Solutions has reported a robust start to its fiscal year 2026, with a notable reacceleration in growth driven by its core platform and generative AI solutions. The company achieved a 16% growth rate for its core platform and saw generative AI solutions contribute to approximately 50% of new business. Coveo’s strategic relationship with SAP has been significantly expanded, positioning it as a key AI partner and enhancing its market leadership. Despite a net loss of $15.1 million, Coveo’s cash flow from operating activities improved significantly, reflecting strong business momentum and customer adoption across diverse regions and use cases.
The most recent analyst rating on (TSE:CVO) stock is a Buy with a C$10.00 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 shows potential due to strong revenue and cash flow growth, and a positive strategic shift. However, overvaluation concerns and ongoing profitability challenges weigh down the overall score.
To see Spark’s full report on TSE:CVO stock, click here.
More about Coveo Solutions
Coveo is a leader in AI-Relevance, specializing in delivering advanced search and generative experiences that enhance business outcomes across various points of interaction. The company focuses on improving commerce outcomes and supporting AI transformations for enterprises, with a strong emphasis on partnerships with strategic players like SAP.
Average Trading Volume: 138,341
Technical Sentiment Signal: Buy
Current Market Cap: C$881.7M
For detailed information about CVO stock, go to TipRanks’ Stock Analysis page.