Coursera (COUR) to Release Earnings on Thursday

Coursera (NYSE:COUR - Get Free Report) is expected to be announcing its Q4 2024 earnings results after the market closes on Thursday, January 30th. Analysts expect the company to announce earnings of $0.04 per share and revenue of $176.43 million for the quarter. Parties interested in registering for the company's conference call can do so using this link.

Coursera Stock Performance

NYSE:COUR traded down $1.10 during mid-day trading on Thursday, hitting $8.48. The stock had a trading volume of 4,490,996 shares, compared to its average volume of 1,620,359. Coursera has a twelve month low of $6.29 and a twelve month high of $20.56. The company's 50 day simple moving average is $8.43 and its 200 day simple moving average is $7.99. The stock has a market cap of $1.34 billion, a price-to-earnings ratio of -16.63 and a beta of 1.44.

Insider Buying and Selling at Coursera

In other news, SVP Alan B. Cardenas sold 6,102 shares of the firm's stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $6.83, for a total value of $41,676.66. Following the sale, the senior vice president now directly owns 194,082 shares in the company, valued at approximately $1,325,580.06. This trade represents a 3.05 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 16.30% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on COUR shares. Cantor Fitzgerald restated an "overweight" rating and set a $10.00 price objective on shares of Coursera in a report on Thursday, December 5th. KeyCorp decreased their price objective on Coursera from $12.00 to $11.00 and set an "overweight" rating on the stock in a report on Friday, October 25th. Telsey Advisory Group reissued an "outperform" rating and set a $15.00 target price on shares of Coursera in a report on Tuesday. BMO Capital Markets decreased their price target on shares of Coursera from $10.00 to $9.00 and set an "outperform" rating on the stock in a research note on Friday, October 25th. Finally, Royal Bank of Canada dropped their price objective on shares of Coursera from $18.00 to $10.00 and set an "outperform" rating for the company in a research note on Friday, October 25th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $10.27.

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.