NASDAQ:UDMY Udemy (UDMY) Stock Forecast, Price & News $10.72 +0.40 (+3.88%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$10.45▼$10.8450-Day Range$8.44▼$10.7252-Week Range$8.17▼$17.26Volume690,458 shsAverage Volume645,154 shsMarket Capitalization$1.57 billionP/E RatioN/ADividend YieldN/APrice Target$13.88 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Udemy MarketRank™ ForecastAnalyst RatingModerate Buy2.63 Rating ScoreUpside/Downside29.4% Upside$13.88 Price TargetShort InterestBearish5.68% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.02Based on 17 Articles This WeekInsider TradingSelling Shares$1.19 M 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.1.94 out of 5 starsComputer And Technology Sector405th out of 609 stocksEducational Services Industry17th out of 24 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 $13.88, Udemy has a forecasted upside of 29.4% from its current price of $10.72.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 1.1 News and Social Media Coverage News SentimentUdemy has a news sentiment score of -0.02. 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 0.52 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 17 news articles for Udemy this week, compared to 4 articles on an average week. 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 $1,189,133.00 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 -8.86, 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 -8.86, 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 4.85. 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 HeadlinesJune 2, 2023 | msn.comAnalyst Reaffirms Buy Rating on Udemy as Strategic Partnerships Boost GrowthJune 2, 2023 | americanbankingnews.comUdemy, Inc. (NASDAQ:UDMY) Insider Stephanie Stapleton Sudbury Sells 1,798 SharesJune 4, 2023 | Legacy Research (Affiliate) (Ad)The “Amazon Secret Royalty Program” Can Help Anyone Retire Like RoyaltyA unique type of investment could help you make more money than you will need for the rest of your life. It’s what we call the “Amazon secret royalty program.” It’s an income stream that allows you to collect $1,000s… $10,000s… or more every year! Learn how to collect your first payout before June 13th.June 2, 2023 | americanbankingnews.comInsider Selling: Udemy, Inc. (NASDAQ:UDMY) SVP Sells $44,866.80 in StockJune 2, 2023 | americanbankingnews.comUdemy, Inc. (NASDAQ:UDMY) CEO Sells $308,985.60 in StockJune 1, 2023 | markets.businessinsider.comThe Latest Analyst Ratings for UdemyJune 1, 2023 | americanbankingnews.comVenu Venugopal Sells 7,152 Shares of Udemy, Inc. (NASDAQ:UDMY) StockJune 1, 2023 | americanbankingnews.comSarah Blanchard Sells 36,543 Shares of Udemy, Inc. (NASDAQ:UDMY) StockJune 4, 2023 | Legacy Research (Affiliate) (Ad)The “Amazon Secret Royalty Program” Can Help Anyone Retire Like RoyaltyA unique type of investment could help you make more money than you will need for the rest of your life. It’s what we call the “Amazon secret royalty program.” It’s an income stream that allows you to collect $1,000s… $10,000s… or more every year! Learn how to collect your first payout before June 13th.June 1, 2023 | americanbankingnews.comUdemy, Inc. (NASDAQ:UDMY) Receives $14.00 Consensus Target Price from AnalystsMay 31, 2023 | yahoo.comUdemy vs. Coursera: Which Online Course Platform Should You Choose?May 31, 2023 | msn.comUdemy: Continues To Gain Share, And AI Is Not A RiskMay 30, 2023 | technews.tmcnet.comUdemy to Present at Baird's Global Consumer, Technology & Services ConferenceMay 30, 2023 | finance.yahoo.comUdemy to Present at Baird’s Global Consumer, Technology & Services ConferenceMay 26, 2023 | msn.comLearn beyond your degree with this online learning appMay 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 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 $11.00See More Headlines UDMY Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart UDMY Company Calendar Last Earnings12/07/2021Today6/04/2023Next 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 Phone415-813-1710FaxN/AEmployees1,678Year FoundedN/APrice Target and Rating Average Stock Price Forecast$13.88 High Stock Price Forecast$16.00 Low Stock Price Forecast$11.00 Forecasted Upside/Downside+29.4%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 / Sales2.50 Cash FlowN/A Price / Cash FlowN/A Book Value$2.21 per share Price / Book4.85Miscellaneous Outstanding Shares146,770,000Free Float89,239,000Market Cap$1.57 billion OptionableNot Optionable Beta1.76 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:ARCEE2open ParentNYSE:ETWOCTSNYSE:CTSindie SemiconductorNASDAQ:INDIView All CompetitorsInsiders & InstitutionsPrelude Capital Management LLCBought 26,239 shares on 6/1/2023Ownership: 0.018%Gregory Scott BrownSold 31,920 sharesTotal: $308,985.60 ($9.68/share)Sarah BlanchardSold 36,543 sharesTotal: $353,736.24 ($9.68/share)Venu VenugopalSold 7,152 sharesTotal: $69,231.36 ($9.68/share)Kenneth HirschmanSold 4,635 sharesTotal: $44,866.80 ($9.68/share)View All Insider TransactionsView 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 "buy" UDMY shares. View UDMY analyst ratings or view top-rated stocks. What is Udemy's stock price forecast for 2023? 8 brokers have issued 1 year price objectives for Udemy's shares. Their UDMY share price forecasts range from $11.00 to $16.00. On average, they predict the company's stock price to reach $13.88 in the next twelve months. This suggests a possible upside of 29.4% 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 beginning of the year. Since then, UDMY shares have increased by 1.6% and is now trading at $10.72. View the best growth stocks for 2023 here. Are investors shorting Udemy? Udemy saw a increase in short interest in the month of 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 daily 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 for the quarter, hitting the consensus estimate of ($0.04). The company had revenue of $129.60 million for the quarter, compared to analyst estimates of $125.59 million. Udemy had a negative trailing twelve-month return on equity of 45.38% and a negative net margin of 26.45%. The firm's revenue for the quarter was up 9.5% compared to the same quarter last year. During the same quarter in the previous 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 updated its second quarter 2023 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share (EPS) 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 IPO 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 many different 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, 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 $10.72. How much money does Udemy make? Udemy (NASDAQ:UDMY) has a market capitalization of $1.57 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 phone at 415-813-1710 or via email at investors@udemy.com. This page (NASDAQ:UDMY) was last updated on 6/4/2023 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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