Coursera, Inc. (NYSE:COUR) Receives $11.40 Average Price Target from Brokerages

Key Points

• Coursera, Inc. has received a consensus rating of "Hold" from fourteen brokerage firms, with an average twelve-month target price of $11.40.
• Recent analyst reports show mixed ratings for Coursera, with one firm upgrading it to "buy" and others maintaining hold or overweight ratings, resulting in price targets ranging from $12.00 to $13.00.
• In its latest quarterly report, Coursera outperformed earnings expectations, reporting $0.12 EPS, and achieved a revenue of $187.10 million, a 9.9% year-over-year increase.

Shares of Coursera, Inc. (NYSE:COUR - Get Free Report) have been assigned an average rating of "Hold" from the fourteen ratings firms that are covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, six have given a hold rating and seven have given a buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $11.4038.

A number of analysts recently commented on the company. Wall Street Zen raised Coursera from a "hold" rating to a "buy" rating in a research note on Saturday, July 26th. Bank of America raised Coursera from an "underperform" rating to a "neutral" rating and raised their price target for the stock from $7.00 to $12.00 in a research note on Friday, July 25th. Royal Bank Of Canada raised their price objective on Coursera from $10.00 to $13.00 and gave the company an "outperform" rating in a research report on Friday, July 25th. Zacks Research lowered Coursera from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 18th. Finally, KeyCorp reissued an "overweight" rating and set a $12.00 price objective (up previously from $11.00) on shares of Coursera in a research report on Friday, July 25th.

Coursera Stock Performance

COUR stock traded up $0.27 on Friday, reaching $11.33. The company's stock had a trading volume of 1,689,735 shares, compared to its average volume of 2,278,671. The business has a fifty day simple moving average of $10.98 and a two-hundred day simple moving average of $9.00. Coursera has a 12-month low of $5.76 and a 12-month high of $13.56. The firm has a market cap of $1.83 billion, a PE ratio of -34.33 and a beta of 1.40.

Coursera (NYSE:COUR - Get Free Report) last announced its quarterly earnings results on Thursday, July 24th. The company reported $0.12 EPS for the quarter, topping analysts' consensus estimates of $0.09 by $0.03. Coursera had a negative return on equity of 5.16% and a negative net margin of 7.05%.The company had revenue of $187.10 million during the quarter, compared to analyst estimates of $180.52 million. During the same quarter last year, the firm posted $0.09 earnings per share. The firm's revenue was up 9.9% on a year-over-year basis. Coursera has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, research analysts anticipate that Coursera will post -0.28 earnings per share for the current fiscal year.

Insider Buying and Selling at Coursera

In other Coursera news, CAO Michele M. Meyers sold 12,500 shares of the firm's stock in a transaction on Friday, July 25th. The stock was sold at an average price of $11.60, for a total transaction of $145,000.00. Following the completion of the transaction, the chief accounting officer owned 253,351 shares of the company's stock, valued at approximately $2,938,871.60. This trade represents a 4.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Alan B. Cardenas sold 24,631 shares of the firm's stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $11.14, for a total value of $274,389.34. Following the transaction, the senior vice president directly owned 258,526 shares of the company's stock, valued at $2,879,979.64. This represents a 8.70% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 189,631 shares of company stock valued at $2,225,604. 16.80% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Coursera

Large investors have recently modified their holdings of the stock. Nisa Investment Advisors LLC raised its position in shares of Coursera by 102.9% in the 2nd quarter. Nisa Investment Advisors LLC now owns 3,652 shares of the company's stock worth $32,000 after purchasing an additional 1,852 shares during the last quarter. State of Wyoming raised its position in shares of Coursera by 959.1% in the 4th quarter. State of Wyoming now owns 3,887 shares of the company's stock worth $33,000 after purchasing an additional 3,520 shares during the last quarter. Quarry LP raised its position in shares of Coursera by 1,848.6% in the 1st quarter. Quarry LP now owns 4,131 shares of the company's stock worth $28,000 after purchasing an additional 3,919 shares during the last quarter. Daiwa Securities Group Inc. raised its position in shares of Coursera by 163.7% in the 2nd quarter. Daiwa Securities Group Inc. now owns 7,330 shares of the company's stock worth $64,000 after purchasing an additional 4,550 shares during the last quarter. Finally, Pale Fire Capital SE purchased a new position in shares of Coursera in the 1st quarter worth about $67,000. Hedge funds and other institutional investors own 89.55% 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.