Udemy (UDMY) Expected to Announce Quarterly Earnings on Wednesday

Udemy (NASDAQ:UDMY - Get Free Report) is projected to announce its Q2 2025 earnings results after the market closes on Wednesday, July 30th. Analysts expect the company to announce 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 posted its quarterly earnings data on Wednesday, April 30th. The company reported $0.12 earnings per share for the quarter, topping the consensus estimate 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 firm had revenue of $200.30 million during the quarter, compared to analyst estimates of $197.19 million. During the same period last year, the company posted $0.03 EPS. The business's quarterly revenue was up 1.8% on a year-over-year basis. On average, analysts expect Udemy to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Udemy Stock Performance

Shares of UDMY stock traded up $0.47 during mid-day trading on Friday, hitting $7.45. The company's stock had a trading volume of 3,352,849 shares, compared to its average volume of 1,104,427. The company's fifty day simple moving average is $7.08 and its 200-day simple moving average is $7.56. Udemy has a 52 week low of $5.68 and a 52 week high of $10.61. The company has a market cap of $1.11 billion, a PE ratio of -16.20 and a beta of 1.77.

Insider Buying and Selling

In other Udemy news, CEO Hugo Sarrazin bought 22,695 shares of the business's stock in a transaction dated Wednesday, May 21st. The shares were purchased at an average price of $6.91 per share, for a total transaction of $156,822.45. Following the purchase, the chief executive officer directly owned 47,580 shares of the company's stock, valued at approximately $328,777.80. This represents a 91.20% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Sarah Blanchard sold 25,000 shares of the business's stock in a transaction that occurred on Friday, June 13th. The stock was sold at an average price of $6.99, for a total value of $174,750.00. Following the completion of the transaction, the chief financial officer 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 disclosure for this sale can be found here. Insiders have acquired a total of 47,580 shares of company stock valued at $330,894 over the last three months. Corporate insiders own 2.10% of the company's stock.

Hedge Funds Weigh In On Udemy

A number of hedge funds and other institutional investors have recently modified their holdings of UDMY. Millennium Management LLC lifted its stake in Udemy by 5.0% in the first quarter. Millennium Management LLC now owns 753,782 shares of the company's stock valued at $5,849,000 after purchasing an additional 35,577 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in Udemy by 45.2% in the first quarter. Goldman Sachs Group Inc. now owns 658,603 shares of the company's stock valued at $5,111,000 after purchasing an additional 205,104 shares during the last quarter. AQR Capital Management LLC lifted its stake in Udemy by 217.6% in the first quarter. AQR Capital Management LLC now owns 205,212 shares of the company's stock valued at $1,592,000 after purchasing an additional 140,597 shares during the last quarter. Jane Street Group LLC lifted its stake in Udemy by 116.6% in the first quarter. Jane Street Group LLC now owns 143,497 shares of the company's stock valued at $1,114,000 after purchasing an additional 77,260 shares during the last quarter. Finally, Focus Partners Wealth lifted its stake in Udemy by 1.9% in the first quarter. Focus Partners Wealth now owns 79,437 shares of the company's stock valued at $616,000 after purchasing an additional 1,468 shares during the last quarter. Hedge funds and other institutional investors own 79.48% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Robert W. Baird decreased their target price on Udemy from $13.00 to $11.00 and set an "outperform" rating for the company in a research report on Thursday, May 1st. Morgan Stanley raised Udemy from an "underweight" rating to an "equal weight" rating and boosted their target price for the company from $7.00 to $9.00 in a research report on Thursday, June 5th. Canaccord Genuity Group decreased their target price on Udemy from $14.00 to $12.00 and set a "buy" rating for the company in a research report on Thursday, May 1st. JPMorgan Chase & Co. decreased their target price on Udemy from $11.00 to $8.00 and set a "neutral" rating for the company in a research report on Thursday, April 24th. Finally, Wall Street Zen lowered Udemy from a "strong-buy" rating to a "buy" rating in a research report on Saturday, July 12th. Five research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, Udemy presently has an average rating of "Moderate Buy" and an average target price of $9.75.

Udemy Company Profile

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.