NASDAQ:UDMY

Udemy (UDMY) Stock Price, News & Analysis

$10.21
-0.01 (-0.10%)
(As of 04/23/2024 ET)
Today's Range
$10.15
$10.41
50-Day Range
$9.89
$14.01
52-Week Range
$8.17
$16.01
Volume
456,111 shs
Average Volume
901,982 shs
Market Capitalization
$1.56 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$14.78

Udemy MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
44.7% Upside
$14.78 Price Target
Short Interest
Healthy
5.73% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.39mentions of Udemy in the last 14 days
Based on 14 Articles This Week
Insider Trading
Selling Shares
$570,044 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.47) to ($0.34) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.22 out of 5 stars

Computer And Technology Sector

279th out of 583 stocks

Educational Services Industry

13th out of 21 stocks

UDMY stock logo

About Udemy Stock (NASDAQ:UDMY)

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. Its courses provide learning objectives, such as reskilling or upskilling in technology, business, soft skills, and personal development, as well as learners receive access to interactive learning tools comprising quizzes, exercises, and instructor questions-and-answers. The company was incorporated in 2010 and is headquartered in San Francisco, California.

UDMY Stock Price History

UDMY Stock News Headlines

The "Smart Money" Is Ready for May 1st Are You?
Former Wall Street VP: "Buy This Stock Now" Five of America's Most Successful Investors Bought Shares in The Same Company.
99 Work at Home Career Ideas
The "Smart Money" Is Ready for May 1st Are You?
Former Wall Street VP: "Buy This Stock Now" Five of America's Most Successful Investors Bought Shares in The Same Company.
‘Govt must support EdTech startups’
Udemy (NASDAQ:UDMY) PT Lowered to $13.00
Udemy hosts conference call for investors
Udemy to Announce First Quarter 2024 Results on May 2
In-Depth Examination Of 7 Analyst Recommendations For Udemy
See More Headlines
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Company Calendar

Last Earnings
2/14/2024
Today
4/23/2024
Next Earnings (Confirmed)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Educational services
Sub-Industry
N/A
Current Symbol
NASDAQ:UDMY
Fax
N/A
Employees
1,443
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$14.78
High Stock Price Target
$20.00
Low Stock Price Target
$12.00
Potential Upside/Downside
+44.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
9 Analysts

Profitability

Net Income
$-107,290,000.00
Pretax Margin
-14.22%

Debt

Sales & Book Value

Annual Sales
$728.94 million
Book Value
$2.33 per share

Miscellaneous

Free Float
148,353,000
Market Cap
$1.56 billion
Optionable
Optionable
Beta
2.14
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Key Executives

  • Mr. Gregory Scott Brown (Age 55)
    President, CEO & Director
    Comp: $784.3k
  • Ms. Sarah Walter Blanchard (Age 47)
    Chief Financial Officer
    Comp: $614.18k
  • Mr. Velayudhan Venugopal (Age 63)
    Chief Technology Officer
    Comp: $562.36k
  • Mr. Dennis J. Walsh
    Vice President of Investor Relations
  • Mr. Kenneth Hirschman (Age 56)
    General Counsel & Corporate Secretary
  • Ms. Genefa Murphy Ph.D.
    Chief Marketing Officer
  • Ms. Karen Fascenda (Age 57)
    Chief People Officer
  • Mr. Richard Qiu (Age 61)
    President of New Ventures
  • Ms. Melissa Daimler
    Chief Learning Officer
  • Mr. Scott Rogers
    Senior Vice President of Supply Strategy

UDMY Stock Analysis - Frequently Asked Questions

Should I buy or sell Udemy stock right now?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Udemy in the last year. There are currently 3 hold ratings and 6 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 target for 2024?

9 Wall Street analysts have issued 1 year target prices for Udemy's shares. Their UDMY share price targets range from $12.00 to $20.00. On average, they predict the company's stock price to reach $14.78 in the next twelve months. This suggests a possible upside of 44.7% 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 2024?

Udemy's stock was trading at $14.73 at the beginning of 2024. Since then, UDMY stock has decreased by 30.7% and is now trading at $10.21.
View the best growth stocks for 2024 here
.

When is Udemy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our UDMY earnings forecast
.

How can I listen to Udemy's earnings call?

Udemy will be holding an earnings conference call on Thursday, May 2nd at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Udemy's earnings last quarter?

Udemy, Inc. (NASDAQ:UDMY) released its quarterly earnings data on Wednesday, February, 14th. The company reported ($0.12) earnings per share for the quarter, beating the consensus estimate of ($0.16) by $0.04. The company earned $189.55 million during the quarter, compared to analysts' expectations of $185.71 million. Udemy had a negative net margin of 14.72% and a negative trailing twelve-month return on equity of 27.31%.

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 updated its first quarter 2024 earnings guidance on Wednesday, February, 14th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $193.0 million-$196.0 million, compared to the consensus revenue estimate of $200.3 million.

When did Udemy IPO?

Udemy (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.

Who are Udemy's major shareholders?

Udemy's stock is owned by many different retail and institutional investors. Top institutional investors include Summit Trail Advisors LLC (0.02%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:UDMY) was last updated on 4/24/2024 by MarketBeat.com Staff

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