Udemy FY2025 EPS Forecast Increased by Cantor Fitzgerald

Key Points

• Cantor Fitzgerald has increased its FY2025 earnings estimate for Udemy to ($0.01) per share, up from a prior estimate of ($0.09), maintaining an "Overweight" rating with a $10.00 target price.
• Udemy recently reported earnings of $0.16 EPS for the last quarter, surpassing analysts' expectations of $0.12 EPS, with quarterly revenue up 2.8% year-over-year.
• While several firms have adjusted their ratings and target prices, the overall consensus rating for Udemy is a "Moderate Buy" with an average target price of $10.00.

Udemy, Inc. (NASDAQ:UDMY - Free Report) - Analysts at Cantor Fitzgerald raised their FY2025 EPS estimates for shares of Udemy in a research note issued to investors on Thursday, July 31st. Cantor Fitzgerald analyst Y. Lee now anticipates that the company will earn ($0.01) per share for the year, up from their prior forecast of ($0.09). Cantor Fitzgerald has a "Overweight" rating and a $10.00 price objective on the stock. The consensus estimate for Udemy's current full-year earnings is ($0.09) per share. Cantor Fitzgerald also issued estimates for Udemy's FY2026 earnings at $0.06 EPS.

Udemy (NASDAQ:UDMY - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.04. The business had revenue of $199.88 million during the quarter, compared to analysts' expectations of $196.74 million. Udemy had a negative net margin of 3.85% and a negative return on equity of 5.19%. The business's revenue was up 2.8% on a year-over-year basis. During the same period last year, the firm posted ($0.04) earnings per share.

A number of other equities research analysts also recently issued reports on UDMY. Needham & Company LLC reiterated a "buy" rating and issued a $11.00 target price on shares of Udemy in a research report on Thursday, July 31st. JPMorgan Chase & Co. decreased their price target on shares of Udemy from $11.00 to $8.00 and set a "neutral" rating on the stock in a research report on Thursday, April 24th. Morgan Stanley raised shares of Udemy from an "underweight" rating to an "equal weight" rating and lifted their price target for the company from $7.00 to $9.00 in a report on Thursday, June 5th. Wall Street Zen raised shares of Udemy from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 2nd. Finally, Robert W. Baird decreased their price objective on shares of Udemy from $13.00 to $11.00 and set an "outperform" rating for the company in a report on Thursday, May 1st. Four analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $10.00.

Udemy Stock Down 6.7%

NASDAQ:UDMY traded down $0.51 during trading hours on Monday, reaching $7.05. 979,280 shares of the company's stock were exchanged, compared to its average volume of 1,237,623. The company has a market capitalization of $1.06 billion, a P/E ratio of -33.55 and a beta of 1.78. Udemy has a 12 month low of $5.68 and a 12 month high of $10.61. The business's 50-day simple moving average is $7.14 and its two-hundred day simple moving average is $7.50.

Institutional Trading of Udemy

Institutional investors have recently made changes to their positions in the stock. Quarry LP purchased a new stake in Udemy in the fourth quarter worth $34,000. Vega Investment Solutions purchased a new position in Udemy during the fourth quarter valued at $46,000. GAMMA Investing LLC boosted its holdings in shares of Udemy by 558.3% during the 1st quarter. GAMMA Investing LLC now owns 6,945 shares of the company's stock valued at $54,000 after buying an additional 5,890 shares in the last quarter. New York State Teachers Retirement System bought a new stake in shares of Udemy during the 2nd quarter valued at $58,000. Finally, State of Wyoming bought a new stake in shares of Udemy during the 4th quarter valued at $59,000. Hedge funds and other institutional investors own 79.48% of the company's stock.

Insider Activity at Udemy

In related news, CEO Hugo Sarrazin acquired 22,695 shares of the firm's stock in a transaction that occurred on Wednesday, May 21st. The shares were bought at an average cost of $6.91 per share, for a total transaction of $156,822.45. Following the completion of the transaction, the chief executive officer owned 47,580 shares in the company, valued at approximately $328,777.80. This trade represents a 91.20% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Sarah Blanchard sold 25,000 shares of the stock in a transaction that occurred on Friday, June 13th. The shares were sold at an average price of $6.99, for a total transaction of $174,750.00. Following the transaction, the chief financial officer owned 1,077,097 shares in the company, valued at $7,528,908.03. The trade was a 2.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders purchased 47,580 shares of company stock worth $330,894. 2.10% of the stock is owned by company insiders.

About Udemy

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.