
Udemy, Inc. (NASDAQ:UDMY - Free Report) - Cantor Fitzgerald issued their FY2026 earnings per share estimates for shares of Udemy in a report issued on Monday, June 9th. Cantor Fitzgerald analyst Y. Lee anticipates that the company will earn ($0.01) per share for the year. Cantor Fitzgerald has a "Overweight" rating and a $9.00 price objective on the stock. The consensus estimate for Udemy's current full-year earnings is ($0.09) per share.
Several other research analysts have also issued reports on UDMY. William Blair lowered shares of Udemy from an "outperform" rating to a "market perform" rating in a research report on Wednesday, March 12th. Robert W. Baird dropped their price target on Udemy from $13.00 to $11.00 and set an "outperform" rating for the company in a research note on Thursday, May 1st. Wall Street Zen upgraded Udemy from a "buy" rating to a "strong-buy" rating in a research report on Saturday, June 7th. Truist Financial restated a "hold" rating and issued a $7.00 target price (down previously from $10.00) on shares of Udemy in a research report on Monday, April 7th. Finally, Needham & Company LLC reaffirmed a "buy" rating and issued a $11.00 target price on shares of Udemy in a research note on Thursday, May 1st. Five investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $10.05.
Check Out Our Latest Report on Udemy
Udemy Price Performance
UDMY stock traded down $0.25 during midday trading on Tuesday, reaching $6.90. The company had a trading volume of 1,466,360 shares, compared to its average volume of 983,977. The firm has a 50-day moving average price of $6.84 and a 200-day moving average price of $7.82. The company has a market capitalization of $1.03 billion, a P/E ratio of -12.11 and a beta of 1.81. Udemy has a 1 year low of $5.68 and a 1 year high of $10.61.
Udemy (NASDAQ:UDMY - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.10 by $0.02. The company had revenue of $200.30 million during the quarter, compared to analyst estimates of $197.19 million. Udemy had a negative return on equity of 27.93% and a negative net margin of 10.84%. Udemy's revenue was up 1.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.03 earnings per share.
Institutional Investors Weigh In On Udemy
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. bought a new position in shares of Udemy during the fourth quarter valued at about $31,000. Deutsche Bank AG increased its holdings in Udemy by 100.8% during the 4th quarter. Deutsche Bank AG now owns 112,775 shares of the company's stock valued at $928,000 after purchasing an additional 56,619 shares during the period. BNP Paribas Financial Markets bought a new position in Udemy during the 4th quarter valued at approximately $716,000. Cornerstone Investment Partners LLC purchased a new stake in Udemy in the 4th quarter worth approximately $219,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Udemy by 17.9% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 181,864 shares of the company's stock worth $1,497,000 after buying an additional 27,673 shares during the period. 79.48% of the stock is currently owned by institutional investors.
Insiders Place Their Bets
In related news, CEO Hugo Sarrazin acquired 5,432 shares of the company's stock in a transaction dated Thursday, May 15th. The stock was purchased at an average price of $6.99 per share, with a total value of $37,969.68. Following the completion of the purchase, the chief executive officer now owns 8,832 shares in the company, valued at $61,735.68. This trade represents a 159.76% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have purchased 47,580 shares of company stock valued at $330,894 in the last ninety days. Company insiders own 2.10% of the company's stock.
About Udemy
(
Get Free Report)
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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