Research Analysts Set Expectations for Udemy FY2025 Earnings

Udemy, Inc. (NASDAQ:UDMY) – Investment analysts at Cantor Fitzgerald boosted their FY2025 earnings estimates for Udemy in a research note issued on Thursday, May 1st. Cantor Fitzgerald analyst Y. Lee now forecasts that the company will post earnings per share of ($0.09) for the year, up from their prior estimate of ($0.17). Cantor Fitzgerald has a “Overweight” rating and a $9.00 price objective on the stock. The consensus estimate for Udemy’s current full-year earnings is ($0.09) per share.

A number of other research firms also recently issued reports on UDMY. Truist Financial reissued a “hold” rating and issued a $7.00 price objective (down from $10.00) on shares of Udemy in a research report on Monday, April 7th. JPMorgan Chase & Co. lowered their price objective on Udemy from $11.00 to $8.00 and set a “neutral” rating for the company in a report on Thursday, April 24th. William Blair lowered shares of Udemy from an “outperform” rating to a “market perform” rating in a report on Wednesday, March 12th. Needham & Company LLC restated a “buy” rating and set a $11.00 price target on shares of Udemy in a research report on Thursday. Finally, Robert W. Baird lowered their target price on Udemy from $13.00 to $11.00 and set an “outperform” rating on the stock in a research report on Thursday. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, Udemy currently has a consensus rating of “Moderate Buy” and a consensus target price of $9.86.

Udemy Stock Up 1.1 %

Shares of NASDAQ UDMY opened at $6.49 on Monday. The stock has a market capitalization of $965.26 million, a PE ratio of -11.39 and a beta of 1.81. The firm has a fifty day moving average of $7.62 and a 200-day moving average of $8.03. Udemy has a 52-week low of $5.68 and a 52-week high of $10.61.

Udemy (NASDAQ:UDMY) last posted its quarterly earnings data on Wednesday, April 30th. The company reported $0.12 EPS for the quarter, beating analysts’ consensus estimates of $0.10 by $0.02. Udemy had a negative net margin of 10.84% and a negative return on equity of 27.93%. The company had revenue of $200.30 million during the quarter, compared to the consensus estimate of $197.19 million. During the same quarter in the prior year, the company posted $0.03 EPS. The company’s quarterly revenue was up 1.8% compared to the same quarter last year.

Insider Activity

In related news, Director Heather Hiles sold 14,840 shares of the business’s stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $9.81, for a total transaction of $145,580.40. Following the transaction, the director now owns 42,667 shares of the company’s stock, valued at approximately $418,563.27. The trade was a 25.81 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CTO Eren Bali sold 10,000 shares of the stock in a transaction on Friday, March 14th. The shares were sold at an average price of $8.02, for a total transaction of $80,200.00. Following the completion of the sale, the chief technology officer now directly owns 2,146,050 shares of the company’s stock, valued at approximately $17,211,321. This trade represents a 0.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 105,168 shares of company stock worth $952,186 in the last ninety days. Corporate insiders own 3.20% of the company’s stock.

Institutional Trading of Udemy

A number of hedge funds have recently modified their holdings of the company. SBI Securities Co. Ltd. bought a new stake in shares of Udemy in the 4th quarter valued at approximately $31,000. Quarry LP acquired a new position in Udemy during the 4th quarter worth $34,000. Vega Investment Solutions bought a new position in Udemy in the fourth quarter valued at about $46,000. GAMMA Investing LLC grew its position in shares of Udemy by 558.3% during the 1st quarter. GAMMA Investing LLC now owns 6,945 shares of the company’s stock worth $54,000 after buying an additional 5,890 shares during the period. Finally, Nisa Investment Advisors LLC lifted its holdings in Udemy by 496.7% in the fourth quarter. Nisa Investment Advisors LLC now owns 7,220 shares of the company’s stock valued at $59,000 after buying an additional 6,010 shares during the period. Institutional investors own 79.48% of the company’s stock.

About Udemy

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.