NASDAQ:UDMY

Udemy (UDMY) Stock Forecast, Price & News

$9.09

+0.19 (+2.13%)

(As of 09/25/2023 ET)

Compare

Today's Range: $8.82
▼
$9.22
50-Day Range: $8.90
▼
$11.81
52-Week Range: $8.17
▼
$17.26

Volume: 364,352 shs
Average Volume: 543,400 shs
Market Capitalization: $1.37 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $13.50

Udemy MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.63 Rating Score
Upside/Downside: 48.5% Upside
$13.50 Price Target
Short Interest: Healthy
5.86% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: -0.12
Based on 7 Articles This Week
Insider Trading: Selling Shares
$1.68 M Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.72) to ($0.51) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.09 out of 5 stars

Computer And Technology Sector

379th out of 587 stocks

Educational Services Industry

17th out of 22 stocks

3.3

Analyst's Opinion

Consensus Rating
Udemy has received a consensus rating of Moderate Buy. The company's average rating score is 2.63, and is based on 5 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $13.50, Udemy has a forecasted upside of 48.5% from its current price of $9.09.
Amount of Analyst Coverage
Udemy has only been the subject of 2 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
5.86% of the float of Udemy has been sold short.
Short Interest Ratio / Days to Cover
Udemy has a short interest ratio ("days to cover") of 6.7.
Change versus previous month
Short interest in Udemy has recently decreased by 6.06%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Udemy does not currently pay a dividend.
Dividend Growth
Udemy does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for UDMY.

2.2

News and Social Media Coverage

News Sentiment
Udemy has a news sentiment score of -0.12. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.55 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for Udemy this week, compared to 3 articles on an average week.
Search Interest
1 people have searched for UDMY on MarketBeat in the last 30 days.
MarketBeat Follows
4 people have added Udemy to their MarketBeat watchlist in the last 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Udemy insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,684,155.00 in company stock.
Percentage Held by Insiders
Only 6.20% of the stock of Udemy is held by insiders.
Percentage Held by Institutions
76.75% of the stock of Udemy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Udemy are expected to grow in the coming year, from ($0.72) to ($0.51) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Udemy is -7.77, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Udemy is -7.77, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Udemy has a P/B Ratio of 3.79. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Udemy (NASDAQ:UDMY) Stock

Udemy, Inc. operates a marketplace platform for learning skills in the United States and internationally. The company offers technical and business skills, and personal development courses for individual learners and enterprise customers. Its platform provides 59 million learners with access to approximately 2,00,000 courses through direct-to-consumer or Udemy Business offerings in approximately 75 languages. The company's courses offer learning objectives, such as reskilling or upskilling in technology and business, and soft skills, as well as learners receive access to interactive learning tools comprising quizzes, exercises, and instructor questions-and-answers. Udemy, Inc. was incorporated in 2010 and is headquartered in San Francisco, California.

UDMY Price History

30 days | 90 days | 365 days | Advanced Chart

UDMY Stock News Headlines

September 15, 2023 | msn.com

8 Ways to Enhance Progressive Muscle Relaxation With Technology

September 10, 2023 | finance.yahoo.com

Insider Sell: Udemy Inc's President and CEO Gregory Brown Sells 10,000 Shares

September 26, 2023 | Behind the Markets (Ad)

The single greatest medical breakthrough of all time?

We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.

September 5, 2023 | msn.com

1 Overlooked Stock Pick for the AI Revolution

August 25, 2023 | finance.yahoo.com

Udemy (NASDAQ:UDMY) Is In A Strong Position To Grow Its Business

August 24, 2023 | technews.tmcnet.com

Udemy to Present at Citi's 2023 Global Technology Conference

August 23, 2023 | finance.yahoo.com

Udemy to Present at Citi’s 2023 Global Technology Conference

August 23, 2023 | msn.com

Beyond books: How libraries across Southeast Texas serve as critical spaces

September 26, 2023 | Behind the Markets (Ad)

The single greatest medical breakthrough of all time?

August 22, 2023 | msn.com

I make up to $6,000 a month selling Udemy courses for virtual assistants. Here's how I got started.

August 21, 2023 | msn.com

Free library resources: How Rosenberg Library in Galveston County helps people beyond books

August 17, 2023 | finance.yahoo.com

Generative AI and Professional Tech Certification Courses Continue to Dominate Emerging Skills Demand for Professionals Globally

August 10, 2023 | finance.yahoo.com

Udemy, Inc. (NASDAQ:UDMY) Q2 2023 Earnings Call Transcript

August 10, 2023 | seekingalpha.com

Udemy, Inc. 2023 Q2 - Results - Earnings Call Presentation

August 10, 2023 | msn.com

Udemy: Guidance Revised Downwards, But EBITDA Growth Still Strong

August 9, 2023 | yahoo.com

This Udemy Flash Sale Gets You The Coolest Courses Online Starting At Just $16.99

August 7, 2023 | markets.businessinsider.com

Udemy Inc (UDMY) Receives a Rating Update from a Top Analyst

August 5, 2023 | finance.yahoo.com

Breakeven On The Horizon For Udemy, Inc. (NASDAQ:UDMY)

August 4, 2023 | markets.businessinsider.com

Piper Sandler Reaffirms Their Hold Rating on Udemy Inc (UDMY)

August 4, 2023 | markets.businessinsider.com

Analysts Offer Insights on Technology Companies: Schrodinger (SDGR) and Udemy Inc (UDMY)

August 4, 2023 | finance.yahoo.com

Udemy, Inc. (UDMY) Reports Q2 Earnings: What Key Metrics Have to Say

August 3, 2023 | theglobeandmail.com

Udemy (NASDAQ:UDMY) Beats Q2 Sales Targets But Quarterly Guidance Underwhelms

August 3, 2023 | finance.yahoo.com

Udemy, Inc. (UDMY) Reports Q2 Loss, Tops Revenue Estimates

August 3, 2023 | finance.yahoo.com

Udemy Reports Second Quarter 2023 Results

August 3, 2023 | markets.businessinsider.com

Here's what Wall Street expects from Udemy's earnings report

August 3, 2023 | benzinga.com

A Preview Of Udemy's Earnings

August 1, 2023 | msn.com

12 Great Udemy Courses That Can Help Creators Improve Their Content

See More Headlines

Receive UDMY Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Udemy and its competitors with MarketBeat's FREE daily newsletter.

UDMY Company Calendar

Last Earnings: 8/03/2023
Today: 9/25/2023
Next Earnings (Estimated): 11/01/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Educational services
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:UDMY
CUSIP: N/A
CIK: 1607939
Web: www.udemy.com
Phone: 415-813-1710
Fax: N/A
Employees: 1,678
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $13.50
High Stock Price Forecast: $15.00
Low Stock Price Forecast: $11.00
Forecasted Upside/Downside: +48.5%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.63
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.17)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-153,880,000.00
Net Margins: -24.93%
Pretax Margin: -24.38%
Return on Equity: -45.67%
Return on Assets: -21.27%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.58
Quick Ratio: 1.58

Sales & Book Value

Annual Sales: $629.10 million
Price / Sales: 2.17
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.40 per share
Price / Book: 3.79

Miscellaneous

Outstanding Shares: 150,390,000
Free Float: 141,063,000
Market Cap: $1.37 billion
Optionable: Not Optionable
Beta: 1.80

12 Stocks Corporate Insiders are Abandoning

If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?

Get This Free Report

Key Executives

Mr. Gregory Scott Brown (Age 54)
Pres, CEO & Director
Comp: $784.3k

Ms. Sarah Walter Blanchard (Age 46)
Chief Financial Officer
Comp: $614.18k

Mr. Kenneth Hirschman (Age 55)
Sr. VP Operations, Gen. Counsel & Corp. Sec.

Mr. Velayudhan Venugopal (Age 62)
Chief Technology Officer

Mr. Dennis J. Walsh
VP of Investor Relations

Ms. Genefa Murphy Ph.D.
Chief Marketing Officer

Ms. Karen Fascenda (Age 56)
Chief People Officer

Mr. Richard Qiu (Age 60)
Pres of New Ventures

Ms. Melissa Daimler
Chief Learning Officer

Mr. Scott Rogers
Sr. VP of Supply Strategy

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

UDMY Stock - Frequently Asked Questions

Should I buy or sell Udemy stock right now?: 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Udemy in the last twelve months. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" UDMY shares.
View UDMY analyst ratings or view top-rated stocks.
What is Udemy's stock price forecast for 2023?: 8 Wall Street analysts have issued 12 month target prices for Udemy's stock. Their UDMY share price forecasts range from $11.00 to $15.00. On average, they anticipate the company's share price to reach $13.50 in the next year. This suggests a possible upside of 48.5% from the stock's current price.
View analysts price targets for UDMY or view top-rated stocks among Wall Street analysts.
How have UDMY shares performed in 2023?: Udemy's stock was trading at $10.55 at the start of the year. Since then, UDMY stock has decreased by 13.8% and is now trading at $9.09.
View the best growth stocks for 2023 here.
When is Udemy's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our UDMY earnings forecast.
How were Udemy's earnings last quarter?: Udemy, Inc. (NASDAQ:UDMY) issued its quarterly earnings data on Thursday, August, 3rd. The company reported ($0.16) earnings per share for the quarter, topping analysts' consensus estimates of ($0.20) by $0.04. The firm had revenue of $178.24 million for the quarter, compared to analyst estimates of $172.96 million. Udemy had a negative net margin of 24.93% and a negative trailing twelve-month return on equity of 45.67%.
What ETFs hold Udemy's stock?: ETFs with the largest weight of Udemy (NASDAQ:UDMY) stock in their portfolio include Global X Education ETF (EDUT).Gen Z ETF (ZGEN).
What guidance has Udemy issued on next quarter's earnings?: Udemy issued an update on its third quarter 2023 earnings guidance on Thursday, August, 3rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $176.00 million-$180.00 million, compared to the consensus revenue estimate of $180.45 million.

When did Udemy IPO?: (UDMY) raised $406 million in an initial public offering on Friday, October 29th 2021. The company issued 14,500,000 shares at a price of $27.00-$29.00 per share.
What is Udemy's stock symbol?: Udemy trades on the NASDAQ under the ticker symbol "UDMY."
Who are Udemy's major shareholders?: Udemy's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (3.53%), Invenomic Capital Management LP (1.35%), Geode Capital Management LLC (1.08%), State Street Corp (0.98%), Granahan Investment Management LLC (0.93%) and Northern Trust Corp (0.48%). Insiders that own company stock include Eren Bali, Gregg Coccari, Gregory Scott Brown, Kenneth Hirschman, Prasad Gune, Richard Qiu, Sarah Blanchard, Stephanie Stapleton Sudbury and Venu Venugopal.
View institutional ownership trends.
How do I buy shares of Udemy?: Shares of UDMY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Udemy's stock price today?: One share of UDMY stock can currently be purchased for approximately $9.09.
How much money does Udemy make?: Udemy (NASDAQ:UDMY) has a market capitalization of $1.37 billion and generates $629.10 million in revenue each year. The company earns $-153,880,000.00 in net income (profit) each year or ($1.17) on an earnings per share basis.
How many employees does Udemy have?: The company employs 1,678 workers across the globe.
How can I contact Udemy?: The official website for the company is www.udemy.com. The company can be reached via phone at 415-813-1710 or via email at investors@udemy.com.

This page (NASDAQ:UDMY) was last updated on 9/26/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial