Cantor Fitzgerald Issues Positive Outlook for Udemy Earnings

Udemy, Inc. (NASDAQ:UDMY) – Equities research analysts at Cantor Fitzgerald increased their FY2025 earnings estimates for shares of Udemy in a report released on Thursday, July 31st. Cantor Fitzgerald analyst Y. Lee now forecasts that the company will post earnings of ($0.01) per share for the year, up from their prior estimate of ($0.09). Cantor Fitzgerald currently has a “Overweight” rating and a $10.00 target price on the stock. The consensus estimate for Udemy’s current full-year earnings is ($0.09) per share. Cantor Fitzgerald also issued estimates for Udemy’s FY2026 earnings at $0.06 EPS.

A number of other research firms also recently commented on UDMY. JPMorgan Chase & Co. lowered their target price on Udemy from $11.00 to $8.00 and set a “neutral” rating for the company in a research report on Thursday, April 24th. Morgan Stanley upgraded Udemy from an “underweight” rating to an “equal weight” rating and increased their target price for the company from $7.00 to $9.00 in a research report on Thursday, June 5th. Robert W. Baird lowered their price target on Udemy from $13.00 to $11.00 and set an “outperform” rating for the company in a research report on Thursday, May 1st. Truist Financial restated a “hold” rating and issued a $7.00 price target (down from $10.00) on shares of Udemy in a research report on Monday, April 7th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $11.00 target price on shares of Udemy in a research note on Thursday. Four investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Udemy presently has a consensus rating of “Moderate Buy” and an average target price of $10.00.

Udemy Trading Down 4.5%

Udemy stock opened at $7.27 on Monday. The firm has a 50 day moving average of $7.12 and a 200 day moving average of $7.51. The firm has a market capitalization of $1.09 billion, a price-to-earnings ratio of -34.62 and a beta of 1.78. Udemy has a 12-month low of $5.68 and a 12-month high of $10.61.

Udemy (NASDAQ:UDMY) last announced its earnings results on Wednesday, July 30th. The company reported $0.16 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.04. The firm had revenue of $199.88 million for the quarter, compared to analysts’ expectations of $196.74 million. Udemy had a negative net margin of 3.85% and a negative return on equity of 5.19%. The company’s quarterly revenue was up 2.8% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.04) EPS.

Insider Activity

In other Udemy news, CEO Hugo Sarrazin purchased 22,695 shares of the stock in a transaction on Wednesday, May 21st. The stock was acquired at an average price of $6.91 per share, with a total value of $156,822.45. Following the completion of the acquisition, the chief executive officer owned 47,580 shares in the company, valued at $328,777.80. The trade was a 91.20% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Sarah Blanchard sold 25,000 shares of Udemy stock in a transaction dated Friday, June 13th. The stock was sold at an average price of $6.99, for a total value of $174,750.00. Following the sale, the chief financial officer directly owned 1,077,097 shares of the company’s stock, valued at $7,528,908.03. This trade represents a 2.27% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders acquired 47,580 shares of company stock valued at $330,894. Corporate insiders own 3.20% of the company’s stock.

Institutional Investors Weigh In On Udemy

A number of institutional investors and hedge funds have recently modified their holdings of the company. Focus Partners Wealth raised its position in Udemy by 1.9% during the first quarter. Focus Partners Wealth now owns 79,437 shares of the company’s stock valued at $616,000 after acquiring an additional 1,468 shares in the last quarter. Rhumbline Advisers raised its position in Udemy by 1.2% during the first quarter. Rhumbline Advisers now owns 132,289 shares of the company’s stock valued at $1,027,000 after acquiring an additional 1,613 shares in the last quarter. HighTower Advisors LLC raised its position in Udemy by 7.8% during the first quarter. HighTower Advisors LLC now owns 22,551 shares of the company’s stock valued at $175,000 after acquiring an additional 1,641 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Udemy by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 54,071 shares of the company’s stock valued at $420,000 after acquiring an additional 2,399 shares in the last quarter. Finally, MetLife Investment Management LLC raised its position in Udemy by 6.2% during the fourth quarter. MetLife Investment Management LLC now owns 59,465 shares of the company’s stock valued at $489,000 after acquiring an additional 3,450 shares in the last quarter. Institutional investors and hedge funds 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.