Coursera's (COUR) "Overweight" Rating Reiterated at Cantor Fitzgerald

Key Points

• Cantor Fitzgerald has reaffirmed an "overweight" rating for Coursera (COUR), setting a price target of $13.00, which suggests a potential upside of 34.83% from the stock's previous close.
• Coursera's stock recently traded at $9.64, down 8.7%, following a quarterly earnings report that exceeded revenue expectations with $194.20 million.
• Insider trading shows key executives have sold shares, indicating a 1.47% and 8.70% decrease in ownership by CAO and SVP, respectively, raising questions about insider confidence.

Coursera (NYSE:COUR - Get Free Report)'s stock had its "overweight" rating reaffirmed by equities research analysts at Cantor Fitzgerald in a report issued on Friday,Benzinga reports. They presently have a $13.00 price objective on the stock. Cantor Fitzgerald's price objective would indicate a potential upside of 34.83% from the stock's previous close.

A number of other analysts also recently issued reports on COUR. Bank of America raised shares of Coursera from an "underperform" rating to a "neutral" rating and lifted their price objective for the stock from $7.00 to $12.00 in a report on Friday, July 25th. JPMorgan Chase & Co. upped their price objective on shares of Coursera from $8.00 to $9.00 and gave the stock a "neutral" rating in a report on Wednesday, July 16th. Weiss Ratings reissued a "sell (d-)" rating on shares of Coursera in a research report on Wednesday, October 8th. UBS Group increased their price objective on Coursera from $8.50 to $10.00 and gave the company a "neutral" rating in a research report on Friday, July 25th. Finally, Morgan Stanley upped their price objective on Coursera from $11.00 to $12.00 and gave the company an "equal weight" rating in a research report on Friday, July 25th. Seven research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Coursera presently has a consensus rating of "Hold" and an average target price of $11.71.

Coursera Trading Down 8.7%

Shares of NYSE:COUR traded down $0.92 during mid-day trading on Friday, hitting $9.64. 1,935,122 shares of the company traded hands, compared to its average volume of 2,314,411. The stock has a market cap of $1.56 billion, a P/E ratio of -29.39 and a beta of 1.40. The stock has a 50-day moving average price of $11.07 and a two-hundred day moving average price of $9.68. Coursera has a 12-month low of $5.76 and a 12-month high of $13.56.

Coursera (NYSE:COUR - Get Free Report) last posted its quarterly earnings data on Thursday, October 23rd. The company reported $0.10 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.01. Coursera had a negative return on equity of 5.16% and a negative net margin of 7.05%.The business had revenue of $194.20 million for the quarter, compared to analysts' expectations of $190.33 million. During the same quarter in the previous year, the firm earned $0.10 earnings per share. The business's revenue was up 10.3% on a year-over-year basis. Coursera has set its Q4 2025 guidance at EPS. As a group, analysts expect that Coursera will post -0.28 earnings per share for the current year.

Insiders Place Their Bets

In other news, CAO Michele M. Meyers sold 3,500 shares of the firm's stock in a transaction on Thursday, October 16th. The stock was sold at an average price of $10.27, for a total transaction of $35,945.00. Following the transaction, the chief accounting officer owned 234,295 shares in the company, valued at approximately $2,406,209.65. This trade represents a 1.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Alan B. Cardenas sold 24,631 shares of the company's stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $11.14, for a total transaction of $274,389.34. Following the completion of the sale, the senior vice president directly owned 258,526 shares of the company's stock, valued at approximately $2,879,979.64. This trade represents a 8.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 184,131 shares of company stock worth $2,156,134. 16.80% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Coursera

A number of hedge funds have recently made changes to their positions in COUR. Quarry LP grew its stake in Coursera by 1,848.6% in the first quarter. Quarry LP now owns 4,131 shares of the company's stock valued at $28,000 after purchasing an additional 3,919 shares during the last quarter. Nisa Investment Advisors LLC lifted its position in Coursera by 102.9% during the second quarter. Nisa Investment Advisors LLC now owns 3,652 shares of the company's stock valued at $32,000 after acquiring an additional 1,852 shares during the last quarter. State of Wyoming grew its holdings in Coursera by 85.9% in the first quarter. State of Wyoming now owns 7,227 shares of the company's stock worth $48,000 after purchasing an additional 3,340 shares during the last quarter. Daiwa Securities Group Inc. increased its position in shares of Coursera by 163.7% during the second 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 in the last quarter. Finally, Pale Fire Capital SE purchased a new stake in shares of Coursera during the 1st quarter valued at $67,000. 89.55% of the stock is currently owned by hedge funds and other 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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