Udemy (UDMY) Projected to Post Earnings on Wednesday

Udemy (NASDAQ:UDMY - Get Free Report) is anticipated to release its Q1 2025 earnings data after the market closes on Wednesday, April 30th. Analysts expect the company to announce earnings of $0.10 per share and revenue of $197.19 million for the quarter. Udemy has set its FY 2025 guidance at EPS and its Q1 2025 guidance at EPS.

Udemy (NASDAQ:UDMY - Get Free Report) last posted its earnings results on Thursday, February 13th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.07 by ($0.10). The business had revenue of $199.94 million for the quarter, compared to analyst estimates of $194.70 million. Udemy had a negative return on equity of 27.93% and a negative net margin of 10.84%. On average, analysts expect Udemy to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Udemy Stock Up 3.5 %

Shares of UDMY stock opened at $6.22 on Wednesday. Udemy has a fifty-two week low of $5.68 and a fifty-two week high of $11.60. The firm's 50 day moving average price is $8.13 and its two-hundred day moving average price is $8.09. The stock has a market cap of $923.58 million, a price-to-earnings ratio of -10.91 and a beta of 1.81.

Analysts Set New Price Targets

Several brokerages recently issued reports on UDMY. Needham & Company LLC reiterated a "buy" rating and issued a $11.00 price target on shares of Udemy in a report on Wednesday, March 12th. Morgan Stanley lowered their target price on Udemy from $9.00 to $7.00 and set an "underweight" rating for the company in a research note on Wednesday, April 16th. William Blair lowered Udemy from an "outperform" rating to a "market perform" rating in a research report on Wednesday, March 12th. Canaccord Genuity Group increased their price objective on shares of Udemy from $12.00 to $14.00 and gave the company a "buy" rating in a research report on Friday, February 14th. Finally, Truist Financial reissued a "hold" rating and set a $7.00 target price (down from $10.00) on shares of Udemy in a research report on Monday, April 7th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and seven have issued a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $10.50.

Insider Transactions at Udemy

In other news, CTO Eren Bali sold 10,000 shares of Udemy stock in a transaction dated Friday, March 14th. The shares were sold at an average price of $8.02, for a total value of $80,200.00. Following the completion of the transaction, the chief technology officer now directly owns 2,146,050 shares of the company's stock, valued at approximately $17,211,321. The trade was a 0.46 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Heather Hiles sold 14,840 shares of the stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $9.81, for a total transaction of $145,580.40. Following the sale, the director now owns 42,667 shares in the company, valued at approximately $418,563.27. This trade represents a 25.81 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 105,168 shares of company stock worth $952,186. 3.20% of the stock is currently owned by corporate insiders.

Udemy Company Profile

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.

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