Coursera (NYSE:COUR) Receives Overweight Rating from Cantor Fitzgerald

Cantor Fitzgerald reaffirmed their overweight rating on shares of Coursera (NYSE:COUR) in a report issued on Thursday,Benzinga reports. The firm currently has a $13.00 target price on the stock.

COUR has been the subject of a number of other research reports. Bank of America upgraded shares of Coursera from an “underperform” rating to a “neutral” rating and upped their price objective for the stock from $7.00 to $12.00 in a research report on Friday, July 25th. KeyCorp reaffirmed an “overweight” rating and issued a $12.00 price objective (up previously from $11.00) on shares of Coursera in a report on Friday, July 25th. Zacks Research lowered Coursera from a “strong-buy” rating to a “hold” rating in a report on Monday, August 18th. Scotiabank lifted their price objective on Coursera from $9.00 to $11.00 and gave the company a “sector perform” rating in a report on Friday, July 25th. Finally, Wall Street Zen raised Coursera from a “hold” rating to a “buy” rating in a report on Saturday, July 26th. Seven research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $11.40.

Coursera Price Performance

Shares of NYSE:COUR opened at $10.87 on Thursday. The stock has a market cap of $1.75 billion, a P/E ratio of -32.94 and a beta of 1.40. The firm has a fifty day moving average price of $10.79 and a 200 day moving average price of $8.91. Coursera has a 1-year low of $5.76 and a 1-year high of $13.56.

Coursera (NYSE:COUR) last announced its quarterly earnings data on Thursday, July 24th. The company reported $0.12 EPS for the quarter, topping analysts’ consensus estimates of $0.09 by $0.03. The company had revenue of $187.10 million during the quarter, compared to the consensus estimate of $180.52 million. Coursera had a negative net margin of 7.05% and a negative return on equity of 5.16%. Coursera’s quarterly revenue was up 9.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.09 EPS. Coursera has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Sell-side analysts expect that Coursera will post -0.28 EPS for the current fiscal year.

Insider Activity

In other Coursera news, CAO Michele M. Meyers sold 12,500 shares of the firm’s stock in a transaction dated Friday, July 25th. The shares were sold at an average price of $11.60, for a total transaction of $145,000.00. Following the completion of the transaction, the chief accounting officer directly owned 253,351 shares in the company, valued at approximately $2,938,871.60. This trade represents a 4.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Alan B. Cardenas sold 24,631 shares of Coursera stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $11.14, for a total value of $274,389.34. Following the transaction, the senior vice president owned 258,526 shares of the company’s stock, valued at $2,879,979.64. This represents a 8.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 189,631 shares of company stock worth $2,225,604 in the last 90 days. 16.80% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Coursera

A number of institutional investors have recently bought and sold shares of the stock. Northern Trust Corp increased its holdings in shares of Coursera by 12.7% during the 4th quarter. Northern Trust Corp now owns 1,280,107 shares of the company’s stock worth $10,881,000 after buying an additional 144,577 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in shares of Coursera by 253.1% during the 4th quarter. Ameriprise Financial Inc. now owns 1,424,354 shares of the company’s stock worth $12,107,000 after buying an additional 1,020,969 shares during the last quarter. Ethic Inc. purchased a new stake in Coursera during the fourth quarter worth approximately $102,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Coursera by 1.8% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 101,948 shares of the company’s stock worth $867,000 after buying an additional 1,785 shares during the period. Finally, ProShare Advisors LLC grew its stake in Coursera by 49.0% during the fourth quarter. ProShare Advisors LLC now owns 38,746 shares of the company’s stock worth $329,000 after buying an additional 12,749 shares during the period. 89.55% of the stock is currently owned by hedge funds and other institutional investors.

About Coursera

Coursera, Inc operates an online educational content platform in the United States, Europe, Africa, the Asia Pacific, the Middle East, and internationally. It operates in three segments: Consumer, Enterprise, and Degrees. The company offers guided projects, courses, and specializations, as well as online degrees; and certificates for entry-level professional, non-entry level professional, university, and MasterTrack.