What is KeyCorp’s Forecast for Udemy FY2025 Earnings?

Udemy, Inc. (NASDAQ:UDMY) – Equities research analysts at KeyCorp issued their FY2025 earnings per share (EPS) estimates for shares of Udemy in a report issued on Monday, January 12th. KeyCorp analyst anticipates that the company will earn $0.01 per share for the year. KeyCorp currently has a “Sector Weight” rating on the stock. The consensus estimate for Udemy’s current full-year earnings is ($0.09) per share.

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

A number of other analysts have also weighed in on the stock. Weiss Ratings restated a “sell (e+)” rating on shares of Udemy in a research report on Wednesday, October 8th. Zacks Research cut Udemy from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 28th. Canaccord Genuity Group lowered Udemy from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $12.00 to $7.00 in a research report on Wednesday, December 17th. Needham & Company LLC reaffirmed a “buy” rating and issued a $11.00 target price on shares of Udemy in a report on Thursday, October 30th. Finally, Wall Street Zen upgraded Udemy from a “buy” rating to a “strong-buy” rating in a research report on Sunday, December 7th. Three investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $9.00.

Udemy Trading Down 1.0%

Shares of Udemy stock opened at $5.14 on Thursday. The firm’s 50 day moving average is $5.42 and its 200 day moving average is $6.36. The firm has a market capitalization of $752.39 million, a PE ratio of -171.28 and a beta of 1.73. Udemy has a 1 year low of $4.86 and a 1 year high of $10.61.

Insider Transactions at Udemy

In other Udemy news, CFO Sarah Blanchard sold 25,000 shares of Udemy stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $5.25, for a total transaction of $131,250.00. Following the transaction, the chief financial officer directly owned 1,208,046 shares of the company’s stock, valued at approximately $6,342,241.50. The trade was a 2.03% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 2.10% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Udemy

Several institutional investors and hedge funds have recently made changes to their positions in UDMY. State of Alaska Department of Revenue bought a new position in shares of Udemy in the 3rd quarter worth $56,000. Osaic Holdings Inc. bought a new position in shares of Udemy in the second quarter valued at $56,000. New York State Teachers Retirement System bought a new position in shares of Udemy in the second quarter valued at $58,000. CIBC Bancorp USA Inc. acquired a new position in shares of Udemy during the third quarter valued at about $73,000. Finally, Prelude Capital Management LLC bought a new stake in shares of Udemy during the third quarter worth about $79,000. Institutional investors own 79.48% of the company’s stock.

About Udemy

Udemy, Inc (NASDAQ: UDMY) operates a leading online learning marketplace that connects learners and instructors across a wide range of subject areas. The company’s platform hosts thousands of self-paced video courses covering technology, business, personal development, creative arts and more. Individual learners can purchase courses on demand, while instructors receive revenue share for teaching content to a global audience.

In addition to its consumer-facing marketplace, Udemy provides enterprise learning solutions under the Udemy for Business brand.