NASDAQ:UDMY

Udemy (UDMY) Stock Price, News & Analysis

$10.08
-0.11 (-1.08%)
(As of 05/7/2024 ET)
Today's Range
$9.91
$10.19
50-Day Range
$9.89
$11.30
52-Week Range
$8.46
$16.01
Volume
999,622 shs
Average Volume
935,548 shs
Market Capitalization
$1.54 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$13.90

Udemy MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
37.9% Upside
$13.90 Price Target
Short Interest
Healthy
4.93% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.33mentions of Udemy in the last 14 days
Based on 29 Articles This Week
Insider Trading
Selling Shares
$514,884 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.47) to ($0.35) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.76 out of 5 stars

Computer And Technology Sector

195th out of 589 stocks

Educational Services Industry

8th out of 22 stocks

UDMY stock logo

About Udemy Stock (NASDAQ:UDMY)

Udemy, Inc., a learning company, that operates a marketplace platform for learning skills in the United States and internationally. The company offers skill acquisition, development, and validation courses for organizations and individuals, through direct-to-consumer or Udemy Business offerings in various languages. Its courses provide learning objectives, such as reskilling or upskilling in technology, business, soft skills, and personal development, as well as learners receive access to interactive learning tools comprising quizzes, exercises, and instructor questions-and-answers. The company was incorporated in 2010 and is headquartered in San Francisco, California.

UDMY Stock Price History

UDMY Stock News Headlines

Duolingo Speaks the Language of Growth for Investors (UDMY)
Duolingo reported strong first quarter earnings and upbeat guidance, which is likely to translate into a bullish reversal for DUOL stock
The Next Nvidia?
The Next Nvidia? Wall Street legend has just uncovered one tiny Maryland company that could become the next Nvidia. Few in the media are talking about this story yet… but in the next 6 months that’s all they’ll talk about.
KeyCorp Cuts Udemy (NASDAQ:UDMY) Price Target to $14.00
The Gold Grab of the Century
When central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.
Udemy (NASDAQ:UDMY) PT Lowered to $13.00
Udemy (NASDAQ:UDMY) Shares Gap Up to $9.89
Why Are Udemy (UDMY) Shares Soaring Today
Udemy (NASDAQ:UDMY) PT Lowered to $11.00
20 Cheapest Countries to Study Abroad
See More Headlines
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Company Calendar

Last Earnings
2/14/2024
Today
5/07/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Educational services
Sub-Industry
N/A
Current Symbol
NASDAQ:UDMY
Fax
N/A
Employees
1,443
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$13.90
High Stock Price Target
$20.00
Low Stock Price Target
$11.00
Potential Upside/Downside
+37.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
10 Analysts

Profitability

Net Income
$-107,290,000.00
Pretax Margin
-14.22%

Debt

Sales & Book Value

Annual Sales
$749.35 million
Book Value
$2.33 per share

Miscellaneous

Free Float
148,353,000
Market Cap
$1.54 billion
Optionable
Optionable
Beta
2.12
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Key Executives

  • Mr. Gregory Scott Brown (Age 55)
    President, CEO & Director
    Comp: $784.3k
  • Ms. Sarah Walter Blanchard (Age 47)
    Chief Financial Officer
    Comp: $614.18k
  • Mr. Velayudhan Venugopal (Age 63)
    Chief Technology Officer
    Comp: $562.36k
  • Mr. Dennis J. Walsh
    Vice President of Investor Relations
  • Mr. Kenneth Hirschman (Age 56)
    General Counsel & Corporate Secretary
  • Ms. Genefa Murphy Ph.D.
    Chief Marketing Officer
  • Ms. Karen Fascenda (Age 57)
    Chief People Officer
  • Mr. Richard Qiu (Age 61)
    President of New Ventures
  • Ms. Melissa Daimler
    Chief Learning Officer
  • Mr. Scott Rogers
    Senior Vice President of Supply Strategy

UDMY Stock Analysis - Frequently Asked Questions

Should I buy or sell Udemy stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Udemy in the last year. There are currently 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" UDMY shares.
View UDMY analyst ratings
or view top-rated stocks.

What is Udemy's stock price target for 2024?

10 analysts have issued 12 month price targets for Udemy's stock. Their UDMY share price targets range from $11.00 to $20.00. On average, they expect the company's stock price to reach $13.90 in the next year. This suggests a possible upside of 37.9% from the stock's current price.
View analysts price targets for UDMY
or view top-rated stocks among Wall Street analysts.

How have UDMY shares performed in 2024?

Udemy's stock was trading at $14.73 on January 1st, 2024. Since then, UDMY shares have decreased by 31.6% and is now trading at $10.08.
View the best growth stocks for 2024 here
.

Are investors shorting Udemy?

Udemy saw a drop in short interest in the month of April. As of April 15th, there was short interest totaling 3,880,000 shares, a drop of 14.0% from the March 31st total of 4,510,000 shares. Based on an average daily trading volume, of 879,600 shares, the short-interest ratio is presently 4.4 days. Currently, 4.9% of the company's stock are short sold.
View Udemy's Short Interest
.

When is Udemy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our UDMY earnings forecast
.

How were Udemy's earnings last quarter?

Udemy, Inc. (NASDAQ:UDMY) announced its earnings results on Wednesday, February, 14th. The company reported ($0.12) earnings per share for the quarter, beating the consensus estimate of ($0.16) by $0.04. The firm had revenue of $189.55 million for the quarter, compared to the consensus estimate of $185.71 million. Udemy had a negative trailing twelve-month return on equity of 22.29% and a negative net margin of 10.82%.

What ETFs hold Udemy's stock?

ETFs with the largest weight of Udemy (NASDAQ:UDMY) stock in their portfolio include Global X Education ETF (EDUT).Gen Z ETF (ZGEN).

What guidance has Udemy issued on next quarter's earnings?

Udemy updated its second quarter 2024 earnings guidance on Friday, May, 3rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $192.0 million-$195.0 million, compared to the consensus revenue estimate of $195.6 million.

When did Udemy IPO?

Udemy (UDMY) raised $406 million in an IPO on Friday, October 29th 2021. The company issued 14,500,000 shares at $27.00-$29.00 per share.

Who are Udemy's major shareholders?

Udemy's stock is owned by many different retail and institutional investors. Top institutional shareholders include Swiss National Bank (0.09%), SpiderRock Advisors LLC (0.04%), Assenagon Asset Management S.A. (0.04%), Mirae Asset Global Investments Co. Ltd. (0.02%), Summit Trail Advisors LLC (0.02%) and Seven Post Investment Office LP (0.01%). Insiders that own company stock include Eren Bali, Gregg Coccari, Gregory Scott Brown, Kenneth Hirschman, Prasad Gune, Richard Qiu, Sarah Blanchard, Stephanie Stapleton Sudbury and Venu Venugopal.
View institutional ownership trends
.

How do I buy shares of Udemy?

Shares of UDMY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:UDMY) was last updated on 5/8/2024 by MarketBeat.com Staff

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