Udemy FY2025 EPS Estimate Increased by Cantor Fitzgerald

Udemy, Inc. (NASDAQ:UDMY) – Research analysts at Cantor Fitzgerald upped their FY2025 earnings estimates for shares of Udemy in a report issued on Thursday, October 30th. Cantor Fitzgerald analyst Y. Lee now anticipates that the company will post earnings per share of $0.02 for the year, up from their prior forecast of ($0.01). 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.

Other analysts have also issued research reports about the company. Weiss Ratings reissued a “sell (e+)” rating on shares of Udemy in a research report on Wednesday, October 8th. Canaccord Genuity Group reissued a “buy” rating and issued a $12.00 target price on shares of Udemy in a research report on Thursday. KeyCorp cut their target price on Udemy from $11.00 to $9.00 and set an “overweight” rating on the stock in a research report on Thursday. Zacks Research raised Udemy from a “hold” rating to a “strong-buy” rating in a research report on Thursday. Finally, Needham & Company LLC reissued a “buy” rating and issued a $11.00 target price on shares of Udemy in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $9.67.

Udemy Stock Up 1.2%

Shares of NASDAQ UDMY opened at $5.70 on Monday. The firm has a market cap of $834.37 million, a price-to-earnings ratio of -189.94 and a beta of 1.74. Udemy has a 52-week low of $5.59 and a 52-week high of $10.61. The business’s 50 day moving average is $6.83 and its two-hundred day moving average is $6.93.

Udemy (NASDAQ:UDMY) last announced its quarterly earnings results on Wednesday, October 29th. The company reported $0.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.10 by $0.03. The business had revenue of $195.68 million during the quarter, compared to the consensus estimate of $193.09 million. Udemy had a negative net margin of 0.47% and a positive return on equity of 2.11%. The business’s revenue was up .1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.07 EPS. Udemy has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS.

Udemy announced that its Board of Directors has authorized a share repurchase plan on Wednesday, September 10th that authorizes the company to repurchase $50.00 million in shares. This repurchase authorization authorizes the company to purchase up to 5% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s board of directors believes its shares are undervalued.

Insider Activity at Udemy

In related news, CFO Sarah Blanchard sold 25,000 shares of the business’s stock in a transaction on Monday, September 15th. The shares were sold at an average price of $7.08, for a total transaction of $177,000.00. Following the completion of the transaction, the chief financial officer owned 1,287,953 shares in the company, valued at approximately $9,118,707.24. The trade was a 1.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 3.20% of the company’s stock.

Hedge Funds Weigh In On Udemy

Institutional investors and hedge funds have recently modified their holdings of the company. State of Alaska Department of Revenue acquired a new position in shares of Udemy during the third quarter worth $56,000. Osaic Holdings Inc. purchased a new stake in Udemy in the second quarter valued at $56,000. New York State Teachers Retirement System purchased a new stake in Udemy in the second quarter valued at $58,000. Prudential Financial Inc. purchased a new stake in Udemy in the second quarter valued at $79,000. Finally, Hsbc Holdings PLC purchased a new stake in Udemy in the first quarter valued at $82,000. Institutional investors and hedge funds own 79.48% of the company’s stock.

Udemy Company Profile

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.