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TSX · Software - Infrastructure · CAD

Coveo Solutions Inc. (CVO.TO) Stock Analysis

Coveo Solutions Inc. (CVO.TO) is a Software - Infrastructure stock listed on TSX and quoted in Canadian Dollar.

Last Updated: October 21, 2026

CVO.TO

CA$4.89

+CA$0.07 (+1.45%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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CVO.TO Key Statistics

As of Oct 21, 2026
Trading
Open
CA$4.86
Previous Close
CA$4.82
Day's Range
4.83–4.97
52-Week Range
3.59–8.34
Volume
228.15K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
1.14
Valuation
Market Cap
CA$454.46M
P/E Ratio
unprofitable
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
38.50
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
3.00
EPS (ttm)Profit attributable to each share over the last twelve months.
−0.29
Financials (FY)
Revenue (FY)
CA$148.34M+11.31%
Net Income (FY)
−CA$28.88M
Profit marginThe share of revenue left as profit after all costs and taxes.
−12.98%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
52.95M
1-Year Return
−36.08%
Dividend and dates
Earnings Date
October 29, 2026
Avg Volume
192.31K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, CVO.TO closed at CA$4.89, −36.08% over 1 year.

Coveo Solutions Inc. (CVO.TO) has a market capitalization of CA$454.46M.

In fiscal 2025, CVO.TO reported revenue of CA$148.34M.

CVO.TO Stock Return by Calendar Year

Coveo Solutions Inc. (CVO.TO) return since Nov 2021: what CA$10,000 became

1 year
CA$10,000 CA$6,392
−36.08%
3 years
CA$10,000 CA$4,622
−53.78%
Since Nov 2021
CA$10,000 CA$3,019
−69.81%

If you had invested CA$10,000 in Coveo Solutions Inc. (CVO.TO) at the close on November 18, 2021, the earliest close on record here, it would have been worth CA$3,019 at the close on October 21, 2026: −69.81% in total, −21.60% a year, over a partial period shorter than 10 years. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−26.13%
2025+3.76%
2024−33.54%
2023+5.73%
2022−44.97%
2021 (partial year)+1.85%

As of October 21, 2026.

CVO.TO Revenue and Earnings by Fiscal Year

FY ends March
Fiscal yearRevenueNet incomeNet margin
2025CA$148.34M−CA$28.88M−19.5%
2024CA$133.27M−CA$13.75M−10.3%
2023CA$126.09M−CA$23.61M−18.7%
2022CA$112.00M−CA$39.73M−35.5%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025CA$148.34MCA$115.67M−CA$27.44M−CA$28.88M−19.5%
2024CA$133.27MCA$104.88M−CA$23.03M−CA$13.75M−10.3%
2023CA$126.09MCA$98.45M−CA$29.70M−CA$23.61M−18.7%
2022CA$112.00MCA$85.33M−CA$44.42M−CA$39.73M−35.5%

Annual figures as reported, in the company's reporting currency. As of March 31, 2026.

CVO.TO Valuation vs Software - Infrastructure Median

Median of 182 stocks
MetricCVO.TOSoftware - Infrastructure medianvs median
P/S ratio3.003.278% below
Profit margin−12.98%2.53%15.5 pts below

Medians across 182 Software - Infrastructure stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Analysis

Data-derived

Company Overview

The market values Coveo Solutions Inc. (CVO.TO) at CA$454.46M. The company sits in the Technology sector, in the Software - Infrastructure industry. Headcount on file is 748.

The most recent close on file for CVO.TO is CA$4.89, dated October 21, 2026. That is +CA$0.07 (+1.45%) against the previous close. Over the past 52 weeks the price has ranged from CA$3.59 to CA$8.34. The latest close sits 36.21% above that 52-week low.

Financial Health

In fiscal 2025, Coveo Solutions Inc. reported revenue of CA$148.34M. Against the prior fiscal year total of CA$133.27M, that is a change of +11.31%. The same year closed with a net loss of CA$28.88M. The reported profit margin is −12.98%. That is 15.5 percentage points below the Software - Infrastructure median of 2.53%. Earnings per share on a trailing basis come to −0.29.

Across the 4 fiscal years on file, revenue moves from CA$112.00M in 2022 to CA$148.34M in 2025. Of those 4 years, 0 report positive net income.

Valuation Assessment

No trailing P/E applies: the last reported earnings figure is negative. The forward P/E on file is 38.5. The price-to-sales ratio is 3. On price-to-sales that is 8.09% below the Software - Infrastructure median of 3.27. The medians here are taken across 182 Software - Infrastructure companies that report the metric.

The reported beta is 1.14. Daily returns over the trailing 4 years annualize to a volatility of 54.18%. The trailing one-year total return is −36.08%. Measured over 3 years, that is −22.68% a year compounded.

Growth & Income

The record shows no dividend for CVO.TO.

So far in 2026 the total return is −26.13%. The strongest complete calendar year on file is 2023 at +5.73%; the weakest is 2022 at −44.97%. Of the 4 complete calendar years on file, 2 finished higher.

Peer Comparison

Coveo Solutions Inc. (CVO.TO) operates in the Software - Infrastructure industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Coveo Solutions Inc. CVO.TO CA$454.46M —
Microsoft Corporation MSFT $3.96T 29.7
Palantir Technologies Inc. PLTR $484.74B 173.9
Oracle Corporation ORCL $391.46B 20.2

Market caps are shown in each company's own trading currency, without conversion, and the peers are listed in order of these unconverted figures.

The Software - Infrastructure industry average P/E ratio is 30.2x. Coveo Solutions Inc. has no P/E ratio because it is not currently profitable.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Coveo Solutions Inc.

Coveo Solutions Inc. provides software-as-a-service artificial intelligence (AI) platform in Canada, the United States, and internationally. The company offers Coveo AI-Relevance Platform that powers search, recommendations, and generative AI, and agentic experiences across commerce, customer service, website, and workplace applications. Its AI-Relevance platform includes Coveo Relevance Generative Answering (CRGA) capability integrates large language models technology with Coveo's platform to feed generative AI with a common, secure unified index, and real-time content. The company serves high tech, healthcare, manufacturing, financial services, retail, and telecommunication industries. The company was formerly known as Copernic Business Solutions Inc. and changed its name to Coveo Solutions Inc. in October 2004. Coveo Solutions Inc. was incorporated in 2004 and is headquartered in Québec, Canada.

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