NASDAQ:UDMY Udemy (UDMY) Stock Forecast, Price & News $9.94 +0.37 (+3.87%) (As of 05/26/2023 ET) Add Compare Share Share Today's Range$9.46▼$10.0350-Day Range$8.44▼$9.9452-Week Range$8.17▼$17.26Volume839,448 shsAverage Volume716,420 shsMarket Capitalization$1.46 billionP/E RatioN/ADividend YieldN/APrice Target$14.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Udemy MarketRank™ ForecastAnalyst RatingModerate Buy2.63 Rating ScoreUpside/Downside40.8% Upside$14.00 Price TargetShort InterestBearish5.68% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.81Based on 4 Articles This WeekInsider TradingSelling Shares$394,908 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.72) to ($0.48) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.05 out of 5 starsComputer And Technology Sector344th out of 623 stocksEducational Services Industry14th out of 23 stocks 3.3 Analyst's Opinion Consensus RatingUdemy has received a consensus rating of 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/DownsideAccording to analysts' consensus price target of $14.00, Udemy has a forecasted upside of 40.8% from its current price of $9.94.Amount of Analyst CoverageUdemy has only been the subject of 2 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.68% of the float of Udemy has been sold short.Short Interest Ratio / Days to CoverUdemy has a short interest ratio ("days to cover") of 5.3.Change versus previous monthShort interest in Udemy has recently increased by 48.70%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldUdemy does not currently pay a dividend.Dividend GrowthUdemy does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for UDMY. Previous Next 2.1 News and Social Media Coverage News SentimentUdemy has a news sentiment score of 0.81. 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 higher news sentiment than the 0.57 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Udemy this week, compared to 4 articles on an average week.MarketBeat FollowsOnly 1 people have added Udemy to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn 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 $394,908.00 in company stock.Percentage Held by Insiders39.20% of the stock of Udemy is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions73.26% of the stock of Udemy is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Udemy are expected to grow in the coming year, from ($0.72) to ($0.48) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Udemy is -8.21, 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. SectorThe P/E ratio of Udemy is -8.21, 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 RatioUdemy has a P/B Ratio of 4.50. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Udemy (NASDAQ:UDMY) StockUdemy, Inc. operates a marketplace platform for teaching and 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 49 million learners with access to approximately 180,000 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.Read More 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. Email Address UDMY Stock News HeadlinesMay 1, 2023 | marketbeat.comDuolingo Speaking Volumes: Forms Bullish Chart Ahead of Earnings (UDMY)Language learning platform Duolingo is expected to report a revenue increase of 38% in Q1. Analysts are eyeing a profit this year for the first time.May 26, 2023 | msn.comLearn beyond your degree with this online learning appMay 28, 2023 | Behind the Markets (Ad)NOTICE: Your retirement is in immediate dangerSoon you may be forced to spend your afternoons packing grocery bags at Walmart instead of going to the park with your grandchildren. Why? Because not only could your money be worth even less than it already is now, but certain stocks and cryptocurrencies could drop by 80%. Even your social security check could be worth 21% less! Learn how to protect your retirement here >>>May 21, 2023 | fool.comUdemy (NASDAQ: UDMY)May 19, 2023 | reuters.comUdemy Coupons 2023May 17, 2023 | marketwatch.comBlended E-learning Market Growth, Business Overview 2023, and Forecast to 2030 | Udemy, IndonesiaX, MathCloud,May 15, 2023 | finance.yahoo.comShareholders in Udemy (NASDAQ:UDMY) are in the red if they invested a year agoMay 12, 2023 | marketwatch.comOnline Music Courses Market by Trends, Demand and Opportunities to 2030 -Berklee, Udemy, Future Learn, Skill ShareMay 28, 2023 | Legacy Research (Affiliate) (Ad)Sell every Stock except ONE Markets are down...But Jeff Clark couldn't care less because he ignores almost every stock in the market except ONE. He lives financially free trading this One Stock Once per month...May 12, 2023 | marketwatch.comUdemy to Present at J.P. Morgan's 51st Annual Global Technology, Media and Communications ConferenceMay 12, 2023 | msn.comLooking Into Udemy's Return On Capital EmployedMay 11, 2023 | marketwatch.comOnline Courses Market Share, Industry Size, Growth, Opportunities and Forecast to 2030 | Linkedin Learning, Pluralsight, Udemy, UdacityMay 11, 2023 | marketwatch.comOnline Programming Courses Market Trends, Size and Chances of Technological Development 2023 to 2030 | EDX, Udemy, Coursera, Harvard UniversityMay 11, 2023 | msn.comUdemy: A Differentiated Player In The E-Learning SpaceMay 11, 2023 | finance.yahoo.comUdemy to Present at J.P. Morgan’s 51st Annual Global Technology, Media and Communications ConferenceMay 7, 2023 | americanbankingnews.comRobert W. Baird Cuts Udemy (NASDAQ:UDMY) Price Target to $11.00May 7, 2023 | americanbankingnews.comUdemy (NASDAQ:UDMY) PT Lowered to $13.00 at Truist FinancialMay 7, 2023 | americanbankingnews.comUdemy, Inc. (NASDAQ:UDMY) Receives Average Rating of "Moderate Buy" from AnalystsMay 7, 2023 | seekingalpha.comUdemy, Inc. 2023 Q1 - Results - Earnings Call PresentationMay 6, 2023 | americanbankingnews.comUdemy, Inc. (NASDAQ:UDMY) Director Sells $135,150.00 in StockMay 4, 2023 | americanbankingnews.comUdemy (NASDAQ:UDMY) Price Target Cut to $16.00 by Analysts at Cantor FitzgeraldMay 3, 2023 | finance.yahoo.comUdemy, Inc. (UDMY) Reports Q1 Loss, Tops Revenue EstimatesMay 3, 2023 | finance.yahoo.comUdemy, Inc. (UDMY) Q1 Earnings: How Key Metrics Compare to Wall Street EstimatesMay 3, 2023 | finance.yahoo.comUdemy Reports First Quarter 2023 ResultsMay 1, 2023 | americanbankingnews.comUdemy (UDMY) Set to Announce Quarterly Earnings on WednesdayApril 27, 2023 | finance.yahoo.comChatGPT is the Most In-Demand Workplace Skill in Q1 2023April 23, 2023 | ca.finance.yahoo.comUdemy, Inc. (UDMY) Interactive Stock Chart - Yahoo FinanceSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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. Email Address UDMY Company Calendar Last Earnings12/07/2021Today5/28/2023Next Earnings (Estimated)8/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Educational services Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:UDMY CUSIPN/A CIK1607939 Webwww.udemy.com PhoneN/AFaxN/AEmployees1,678Year FoundedN/APrice Target and Rating Average Stock Price Forecast$14.00 High Stock Price Forecast$16.00 Low Stock Price Forecast$11.00 Forecasted Upside/Downside+40.8%Consensus RatingModerate Buy Rating Score (0-4)2.63 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)($1.21) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-153,880,000.00 Net Margins-26.45% Pretax Margin-25.99% Return on Equity-45.38% Return on Assets-21.61% Debt Debt-to-Equity RatioN/A Current Ratio1.56 Quick Ratio1.56 Sales & Book Value Annual Sales$629.10 million Price / Sales2.32 Cash FlowN/A Price / Cash FlowN/A Book Value$2.21 per share Price / Book4.50Miscellaneous Outstanding Shares146,770,000Free Float89,239,000Market Cap$1.46 billion OptionableNot Optionable Beta1.75 Key ExecutivesMr. Gregg Andrew Coccari (Age 70)Chairperson of the Board of Directors, Pres & CEO Comp: $834.07kMs. Sarah Walter Blanchard (Age 46)Chief Financial Officer Comp: $492.27kMr. Velayudhan Venugopal (Age 62)Chief Technology Officer Comp: $562.36kMr. Kenneth HirschmanSr. VP Operations, Gen. Counsel & Sec.Mr. Dennis J. WalshVP of Investor RelationsDevon SwansonSr. Mang. of PRMs. Stacey Zolt HaraSr. VP of Corp. CommunicationsMr. Llibert Argerich (Age 43)Sr. VP of Marketing Mr. Richard QiuPres of New VenturesMr. Gregory Scott Brown (Age 54)Pres of Udemy Bus. More ExecutivesKey CompetitorsCheggNYSE:CHGGArco PlatformNASDAQ:ARCEUltra CleanNASDAQ:UCTTCTSNYSE:CTSEchoStarNASDAQ:SATSView All CompetitorsInsiders & InstitutionsAmeriprise Financial Inc.Bought 39,299 shares on 5/22/2023Ownership: 0.027%Putnam Investments LLCBought 2,494 shares on 5/22/2023Ownership: 0.026%JPMorgan Chase & Co.Bought 17,557 shares on 5/18/2023Ownership: 0.061%New York State Common Retirement FundSold 13,600 shares on 5/18/2023Ownership: 0.025%State Street CorpBought 29,295 shares on 5/16/2023Ownership: 0.889%View All Insider TransactionsView All Institutional Transactions UDMY Stock - Frequently Asked Questions Should I buy or sell Udemy stock right now? 8 Wall Street 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 research analysts is that investors should "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 1 year target prices for Udemy's stock. Their UDMY share price forecasts range from $11.00 to $16.00. On average, they expect the company's stock price to reach $14.00 in the next year. This suggests a possible upside of 40.8% 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 on January 1st, 2023. Since then, UDMY stock has decreased by 5.8% and is now trading at $9.94. View the best growth stocks for 2023 here. Are investors shorting Udemy? Udemy saw a increase in short interest in May. As of May 15th, there was short interest totaling 2,870,000 shares, an increase of 48.7% from the April 30th total of 1,930,000 shares. Based on an average trading volume of 541,400 shares, the days-to-cover ratio is currently 5.3 days. Approximately 5.7% of the company's stock are short sold. View Udemy's Short Interest. When is Udemy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023. View our UDMY earnings forecast. How were Udemy's earnings last quarter? Udemy, Inc. (NASDAQ:UDMY) announced its quarterly earnings results on Tuesday, December, 7th. The company reported ($0.04) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.04). The business had revenue of $129.60 million for the quarter, compared to analyst estimates of $125.59 million. Udemy had a negative net margin of 26.45% and a negative trailing twelve-month return on equity of 45.38%. The company's revenue for the quarter was up 9.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.14 earnings per share. 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), Fidelity Cloud Computing ETF (FCLD).Gen Z ETF (ZGEN), What guidance has Udemy issued on next quarter's earnings? Udemy issued an update on its second quarter 2023 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $172.00 million-$174.00 million, compared to the consensus revenue estimate of $173.68 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 $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 variety of retail and institutional investors. Top institutional shareholders include Caledonia Private Investments Pty Ltd (5.85%), Greenvale Capital LLP (4.39%), BlackRock Inc. (2.99%), Geode Capital Management LLC (0.95%), State Street Corp (0.89%) and Credit Suisse AG (0.53%). Insiders that own company stock include Eren Bali, Gregg Coccari, Gregory Scott Brown, Prasad Gune, Richard Qiu, Sarah Blanchard 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 $9.94. How much money does Udemy make? Udemy (NASDAQ:UDMY) has a market capitalization of $1.46 billion and generates $629.10 million in revenue each year. The company earns $-153,880,000.00 in net income (profit) each year or ($1.21) 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 email at investors@udemy.com. This page (NASDAQ:UDMY) was last updated on 5/28/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Udemy, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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