Udemy (UDMY) Expected to Announce Earnings on Wednesday

Udemy (NASDAQ:UDMY - Get Free Report) is projected to release its Q2 2025 earnings data after the market closes on Wednesday, July 30th. Analysts expect Udemy to post earnings of $0.12 per share and revenue of $196.74 million for the quarter. Udemy has set its Q2 2025 guidance at EPS.

Udemy (NASDAQ:UDMY - Get Free Report) last announced its earnings results on Wednesday, April 30th. The company reported $0.12 EPS for the quarter, beating analysts' consensus estimates of $0.10 by $0.02. Udemy had a negative return on equity of 22.68% and a negative net margin of 8.70%. The business had revenue of $200.30 million during the quarter, compared to analysts' expectations of $197.19 million. During the same quarter in the prior year, the firm earned $0.03 earnings per share. The business's revenue was up 1.8% compared to the same quarter last year. On average, analysts expect Udemy to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Udemy Price Performance

Shares of Udemy stock opened at $7.03 on Wednesday. The business has a 50 day simple moving average of $7.08 and a two-hundred day simple moving average of $7.59. Udemy has a 12 month low of $5.68 and a 12 month high of $10.61. The stock has a market capitalization of $1.05 billion, a P/E ratio of -15.28 and a beta of 1.77.

Insider Activity at Udemy

In related news, CFO Sarah Blanchard sold 25,000 shares of Udemy stock in a transaction that occurred on Friday, June 13th. The stock was sold at an average price of $6.99, for a total transaction of $174,750.00. Following the completion of the transaction, the chief financial officer directly owned 1,077,097 shares in the company, valued at $7,528,908.03. The trade was a 2.27% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Hugo Sarrazin acquired 22,695 shares of the business's stock in a transaction that occurred on Wednesday, May 21st. The shares were bought at an average price of $6.91 per share, with a total value of $156,822.45. Following the completion of the transaction, the chief executive officer directly owned 47,580 shares in the company, valued at approximately $328,777.80. The trade was a 91.20% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have purchased a total of 47,580 shares of company stock valued at $330,894 over the last 90 days. Insiders own 3.20% of the company's stock.

Institutional Trading of Udemy

A number of institutional investors and hedge funds have recently made changes to their positions in UDMY. Millennium Management LLC boosted its position in Udemy by 5.0% during the 1st quarter. Millennium Management LLC now owns 753,782 shares of the company's stock worth $5,849,000 after purchasing an additional 35,577 shares during the period. Goldman Sachs Group Inc. boosted its position in Udemy by 45.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 658,603 shares of the company's stock worth $5,111,000 after purchasing an additional 205,104 shares during the period. AQR Capital Management LLC boosted its position in Udemy by 217.6% during the 1st quarter. AQR Capital Management LLC now owns 205,212 shares of the company's stock worth $1,592,000 after purchasing an additional 140,597 shares during the period. Jane Street Group LLC boosted its position in Udemy by 116.6% during the 1st quarter. Jane Street Group LLC now owns 143,497 shares of the company's stock worth $1,114,000 after purchasing an additional 77,260 shares during the period. Finally, Focus Partners Wealth boosted its position in Udemy by 1.9% during the 1st quarter. Focus Partners Wealth now owns 79,437 shares of the company's stock worth $616,000 after purchasing an additional 1,468 shares during the period. 79.48% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the company. Wall Street Zen lowered Udemy from a "strong-buy" rating to a "buy" rating in a research report on Saturday, July 12th. JPMorgan Chase & Co. lowered their price objective on Udemy from $11.00 to $8.00 and set a "neutral" rating for the company in a research report on Thursday, April 24th. Cantor Fitzgerald lowered their price objective on Udemy from $11.00 to $9.00 and set an "overweight" rating for the company in a research report on Thursday, May 1st. Canaccord Genuity Group lowered their price objective on Udemy from $14.00 to $12.00 and set a "buy" rating for the company in a research report on Thursday, May 1st. Finally, Truist Financial reiterated a "hold" rating and issued a $7.00 price objective (down from $10.00) on shares of Udemy in a research report on Monday, April 7th. Five equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $9.75.

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.

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