Coursera (NYSE:COUR) Given Overweight Rating at Cantor Fitzgerald

Key Points

• Cantor Fitzgerald has reissued an "overweight" rating for Coursera (NYSE:COUR) with a target price of $13.00, suggesting a potential upside of 23.52% from its previous close.
• The company recently reported quarterly earnings with $0.12 per share, beating analysts' expectations of $0.09, alongside a revenue increase of 9.9% year-over-year.
• Insider activity has seen significant stock sales, with key executives selling over 189,000 shares totaling about $2.23 million in the last 90 days, amidst fluctuating analyst ratings on the stock.

Coursera (NYSE:COUR - Get Free Report)'s stock had its "overweight" rating reissued by stock analysts at Cantor Fitzgerald in a research note issued on Thursday,Benzinga reports. They presently have a $13.00 target price on the stock. Cantor Fitzgerald's target price would indicate a potential upside of 23.52% from the company's previous close.

A number of other equities analysts have also commented on COUR. Royal Bank Of Canada increased their price target on Coursera from $10.00 to $13.00 and gave the company an "outperform" rating in a research note on Friday, July 25th. Needham & Company LLC reissued a "buy" rating and set a $11.00 price target on shares of Coursera in a research note on Monday, July 21st. Zacks Research lowered Coursera from a "strong-buy" rating to a "hold" rating in a research note on Monday, August 18th. Wall Street Zen raised Coursera from a "hold" rating to a "buy" rating in a research note on Saturday, July 26th. Finally, UBS Group increased their price target on Coursera from $8.50 to $10.00 and gave the company a "neutral" rating in a research note on Friday, July 25th. Seven research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $11.40.

Coursera Stock Down 11.9%

NYSE COUR opened at $10.53 on Thursday. The firm has a market cap of $1.70 billion, a price-to-earnings ratio of -31.89 and a beta of 1.40. The business has a 50-day moving average price of $10.74 and a 200-day moving average price of $8.89. Coursera has a twelve month low of $5.76 and a twelve month high of $13.56.

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

Insider Activity

In related news, CFO Kenneth R. Hahn sold 29,636 shares of the firm's stock in a transaction that occurred on Tuesday, September 9th. The stock was sold at an average price of $11.97, for a total transaction of $354,742.92. Following the completion of the sale, the chief financial officer directly owned 954,047 shares of the company's stock, valued at approximately $11,419,942.59. This trade represents a 3.01% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Michele M. Meyers sold 2,500 shares of the firm's stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $11.94, for a total value of $29,850.00. Following the sale, the chief accounting officer directly owned 241,295 shares of the company's stock, valued at $2,881,062.30. This represents a 1.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 189,631 shares of company stock valued at $2,225,604 in the last ninety days. Insiders own 16.80% of the company's stock.

Institutional Investors Weigh In On Coursera

Institutional investors and hedge funds have recently bought and sold shares of the company. Nisa Investment Advisors LLC raised its position in Coursera by 102.9% during the 2nd quarter. Nisa Investment Advisors LLC now owns 3,652 shares of the company's stock valued at $32,000 after purchasing an additional 1,852 shares in the last quarter. State of Wyoming increased its holdings in shares of Coursera by 959.1% in the 4th quarter. State of Wyoming now owns 3,887 shares of the company's stock valued at $33,000 after acquiring an additional 3,520 shares during the period. Quarry LP increased its holdings in shares of Coursera by 1,848.6% in the 1st quarter. Quarry LP now owns 4,131 shares of the company's stock valued at $28,000 after acquiring an additional 3,919 shares during the period. Daiwa Securities Group Inc. increased its holdings 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 valued at $64,000 after acquiring an additional 4,550 shares during the period. Finally, Pale Fire Capital SE purchased a new position in shares of Coursera in the 1st quarter valued at $67,000. 89.55% of the stock is owned by institutional investors.

About Coursera

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.

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