Cantor Fitzgerald Boosts Earnings Estimates for Coursera

Coursera, Inc. (NYSE:COUR - Free Report) - Equities researchers at Cantor Fitzgerald raised their FY2025 EPS estimates for shares of Coursera in a research report issued on Monday, February 3rd. Cantor Fitzgerald analyst Y. Lee now anticipates that the company will post earnings per share of ($0.35) for the year, up from their prior forecast of ($0.50). Cantor Fitzgerald currently has a "Overweight" rating and a $10.00 price objective on the stock. The consensus estimate for Coursera's current full-year earnings is ($0.28) per share.

Several other equities research analysts have also recently weighed in on the stock. UBS Group upped their price target on shares of Coursera from $7.50 to $8.50 and gave the stock a "neutral" rating in a research report on Friday, January 31st. Morgan Stanley lowered their price objective on Coursera from $15.00 to $10.00 and set an "overweight" rating for the company in a research report on Friday, October 25th. Needham & Company LLC restated a "buy" rating and set a $11.00 price target on shares of Coursera in a research note on Monday, January 27th. Scotiabank started coverage on shares of Coursera in a research note on Thursday, December 5th. They set a "sector perform" rating and a $9.00 price target on the stock. Finally, BMO Capital Markets cut their target price on Coursera from $10.00 to $9.00 and set an "outperform" rating on the stock in a research report on Friday, October 25th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, Coursera currently has a consensus rating of "Moderate Buy" and a consensus target price of $10.13.

Coursera Price Performance

Shares of COUR stock traded up $0.34 during mid-day trading on Wednesday, hitting $8.04. The stock had a trading volume of 2,748,985 shares, compared to its average volume of 2,000,429. The firm's 50-day moving average is $8.45 and its two-hundred day moving average is $8.01. The firm has a market capitalization of $1.27 billion, a P/E ratio of -15.45 and a beta of 1.42. Coursera has a 12-month low of $6.29 and a 12-month high of $18.22.

Institutional Investors Weigh In On Coursera

Several institutional investors have recently modified their holdings of the company. The Manufacturers Life Insurance Company boosted its stake in Coursera by 1.8% in the second quarter. The Manufacturers Life Insurance Company now owns 70,457 shares of the company's stock valued at $504,000 after acquiring an additional 1,276 shares in the last quarter. Pitcairn Co. boosted its holdings in shares of Coursera by 16.9% in the third quarter. Pitcairn Co. now owns 13,655 shares of the company's stock valued at $108,000 after acquiring an additional 1,971 shares during the period. Waterfront Wealth Inc. boosted its holdings in shares of Coursera by 1.7% in the fourth quarter. Waterfront Wealth Inc. now owns 156,411 shares of the company's stock valued at $1,329,000 after acquiring an additional 2,543 shares during the period. New York State Common Retirement Fund increased its holdings in shares of Coursera by 6.4% in the 4th quarter. New York State Common Retirement Fund now owns 42,368 shares of the company's stock valued at $360,000 after acquiring an additional 2,552 shares during the period. Finally, FMR LLC raised its position in Coursera by 67.6% in the 3rd quarter. FMR LLC now owns 6,574 shares of the company's stock valued at $52,000 after purchasing an additional 2,651 shares during the last quarter. 89.55% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Coursera

In other Coursera news, SVP Alan B. Cardenas sold 6,102 shares of the stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $6.83, for a total value of $41,676.66. Following the sale, the senior vice president now owns 194,082 shares of the company's stock, valued at $1,325,580.06. This trade represents a 3.05 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 16.30% of the company's stock.

Coursera Company Profile

Coursera, Inc operates an online educational content platform in the United States, Europe, Africa, the Asia Pacific, the Middle East, and internationally. It operates in three segments: Consumer, Enterprise, and Degrees. The company offers guided projects, courses, and specializations, as well as online degrees; and certificates for entry-level professional, non-entry level professional, university, and MasterTrack.