Should I buy or sell Udemy stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Udemy in the last twelve months. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street 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 research analysts have issued 12 month price targets for Udemy's stock. Their UDMY share price targets range from $12.00 to $20.00. On average, they anticipate the company's stock price to reach $15.00 in the next twelve months. This suggests a possible upside of 51.7% 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 the year. Since then, UDMY shares have decreased by 32.9% and is now trading at $9.89. 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) posted its quarterly earnings data on Wednesday, February, 14th. The company reported ($0.12) earnings per share for the quarter, beating analysts' consensus estimates of ($0.16) by $0.04. The firm earned $189.55 million during the quarter, compared to the consensus estimate 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 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.

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.

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 .

NASDAQ:UDMY

Udemy (UDMY) Stock Price, News & Analysis

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$9.89

-0.12 (-1.20%)

(As of 04/15/2024 ET)

Compare

Today's Range: $9.70
▼
$9.97
50-Day Range: $9.89
▼
$14.47
52-Week Range: $8.17
▼
$16.01

Volume: 689,612 shs
Average Volume: 623,292 shs
Market Capitalization: $1.52 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $15.00

Get Udemy alerts:

Udemy MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 51.7% Upside
$15.00 Price Target
Short Interest: Healthy
5.73% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.06
Based on 6 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.

3.40 out of 5 stars

Computer And Technology Sector

269th out of 591 stocks

Educational Services Industry

13th out of 21 stocks

4.3

Analyst's Opinion

Consensus Rating
Udemy has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 6 buy ratings, 3 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Udemy has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
5.73% 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 4.8.
Change versus previous month
Short interest in Udemy has recently decreased by 5.85%, 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.

2.8

News and Social Media Coverage

News Sentiment
Udemy has a news sentiment score of 1.06. 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 0.59 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Udemy this week, compared to 4 articles on an average week.
Search Interest
Only 1 people have searched for UDMY on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Udemy to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 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 $570,044.00 in company stock.
Percentage Held by Insiders
Only 6.20% of the stock of Udemy is held by insiders.
Percentage Held by Institutions
79.48% 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 ($0.47) to ($0.34) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Udemy is -13.74, 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 -13.74, 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 4.24. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

UDMY Stock News Headlines

April 3, 2024 | insidertrades.com

Insider Selling: Udemy, Inc. (NASDAQ:UDMY) Director Sells 15,000 Shares of Stock

March 17, 2024 | insidertrades.com

Insider Selling: Udemy, Inc. (NASDAQ:UDMY) CEO Sells 10,000 Shares of Stock

April 16, 2024 | InvestorPlace (Ad)

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A little-known investment analyst whose performance beat out 15,000+ other experts in 2020 has identified an opportunity in the A.I. space. He's calling it A.I.'s perfect storm.

April 16, 2024 | americanbankingnews.com

Udemy, Inc. (NASDAQ:UDMY) Receives Consensus Rating of "Moderate Buy" from Analysts

April 12, 2024 | globenewswire.com

Udemy to Announce First Quarter 2024 Results on May 2

April 11, 2024 | tmcnet.com

Gurobi to Launch Free Massive Open Online Course (MOOC) on Optimization for Data Scientists

April 10, 2024 | finance.yahoo.com

Consumer Subscription Stocks Q4 In Review: Udemy (NASDAQ:UDMY) Vs Peers

April 6, 2024 | msn.com

27 of the best AI and ChatGPT courses you can take online for free

April 16, 2024 | InvestorPlace (Ad)

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April 4, 2024 | msn.com

The Best $20 (or Less) I Spent on Financial Education & How It’s Still Paying Off

April 4, 2024 | techrepublic.com

This Comprehensive Python Bundle Offers 14 Courses for $40

April 4, 2024 | markets.businessinsider.com

Buy Rating Affirmed for Udemy Inc on Innovative GenAI-driven Learning Solutions and Market Trends

April 4, 2024 | markets.businessinsider.com

In-Depth Examination Of 7 Analyst Recommendations For Udemy

April 4, 2024 | forbes.com

Why On-Demand Learning Is Limited And What To Pursue Instead

April 3, 2024 | techcrunch.com

HAX at TechCrunch Early Stage 2024: Empowering hard tech founders

April 3, 2024 | yahoo.com

Male patient in custody after triple stabbing at Buffalo Psychiatric Center

April 3, 2024 | techcrunch.com

Fisker’s Ocean SUV investigated for doors that won’t open

April 3, 2024 | msn.com

5 Little-Known Ways to Earn Income From Your Hobbies

April 2, 2024 | finance.yahoo.com

Udemy Inc (UDMY) Director Eren Bali Sells 15,000 Shares

April 2, 2024 | news.yahoo.com

World Central Kitchen founder José Andrés criticises Israel over aid workers' deaths

April 2, 2024 | msn.com

Open source foundations unite on common standards for EU’s Cyber Resilience Act

April 2, 2024 | yahoo.com

Modal raises $25M to train corporate workers on data and AI

April 2, 2024 | techcrunch.com

Anthropic researchers wear down AI ethics with repeated questions

April 2, 2024 | msn.com

GenAI and Tech Skills Lead Surge in Workplace Learning, Udemy Q4 2023 Index Shows

April 2, 2024 | forbes.com

Selective Universities Won’t Be Disrupted

March 28, 2024 | finance.yahoo.com

Syndio Names Doug Aspland Chief Revenue Officer

See More Headlines

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Company Calendar

Last Earnings: 2/14/2024
Today: 4/16/2024
Next Earnings (Confirmed): 5/02/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Educational services
Sub-Industry: N/A
Current Symbol: NASDAQ:UDMY
CUSIP: N/A
CIK: 1607939
Web: www.udemy.com
Phone: 415-813-1710
Fax: N/A
Employees: 1,443
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $15.00
High Stock Price Target: $20.00
Low Stock Price Target: $12.00
Potential Upside/Downside: +51.7%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 9 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.72)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-107,290,000.00
Net Margins: -14.72%
Pretax Margin: -14.22%
Return on Equity: -27.31%
Return on Assets: -12.74%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.66
Quick Ratio: 1.66

Sales & Book Value

Annual Sales: $728.94 million
Price / Sales: 2.08
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.33 per share
Price / Book: 4.24

Miscellaneous

Outstanding Shares: 153,260,000
Free Float: 143,755,000
Market Cap: $1.52 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

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

UDMY Stock Analysis - Frequently Asked Questions

Should I buy or sell Udemy stock right now?: 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Udemy in the last twelve months. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street 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 research analysts have issued 12 month price targets for Udemy's stock. Their UDMY share price targets range from $12.00 to $20.00. On average, they anticipate the company's stock price to reach $15.00 in the next twelve months. This suggests a possible upside of 51.7% 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 the year. Since then, UDMY shares have decreased by 32.9% and is now trading at $9.89.
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) posted its quarterly earnings data on Wednesday, February, 14th. The company reported ($0.12) earnings per share for the quarter, beating analysts' consensus estimates of ($0.16) by $0.04. The firm earned $189.55 million during the quarter, compared to the consensus estimate 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 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.
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 4/16/2024 by MarketBeat.com Staff

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Udemy (UDMY) Stock Price, News & Analysis

Udemy MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Udemy Stock (NASDAQ:UDMY)

UDMY Stock Price History

UDMY Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

UDMY Stock Analysis - Frequently Asked Questions

Overall MarketRank^™