Coursera (NYSE:COUR) Given New $5.00 Price Target at The Goldman Sachs Group

Coursera (NYSE:COUR) had its price objective lowered by The Goldman Sachs Group from $6.50 to $5.00 in a report released on Friday,Benzinga reports. The firm currently has a neutral rating on the stock.

Several other research analysts have also issued reports on the stock. Royal Bank Of Canada lowered their price target on shares of Coursera from $7.00 to $5.00 and set an “outperform” rating for the company in a report on Friday. BMO Capital Markets reduced their price objective on shares of Coursera from $8.00 to $6.00 and set an “outperform” rating on the stock in a research note on Monday, October 5th. Needham & Company LLC decreased their price objective on shares of Coursera from $10.00 to $6.00 and set a “buy” rating for the company in a research report on Friday. Zacks Research downgraded shares of Coursera from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 24th. Finally, Wall Street Zen raised shares of Coursera from a “hold” rating to a “buy” rating in a research note on Saturday, September 19th. Five equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $6.36.

Coursera Trading Down 25.1%

Shares of COUR opened at $3.49 on Friday. The company has a market capitalization of $922.76 million, a PE ratio of -4.85, a PEG ratio of 0.48 and a beta of 1.24. Coursera has a 12 month low of $3.45 and a 12 month high of $8.89. The stock’s 50-day moving average price is $5.27 and its two-hundred day moving average price is $5.69.

Coursera (NYSE:COUR) last released its quarterly earnings results on Thursday, October 29th. The company reported $0.21 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.03. The firm had revenue of $376.70 million for the quarter, compared to analyst estimates of $368.52 million. Coursera had a positive return on equity of 3.47% and a negative net margin of 14.35%. The business’s revenue was up 94.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.10 EPS. Equities research analysts predict that Coursera will post 0.20 EPS for the current fiscal year.

Insiders Place Their Bets

In other Coursera news, major shareholder Pale Fire Capital Se purchased 1,000,000 shares of the business’s stock in a transaction on Tuesday, September 29th. The shares were purchased at an average cost of $4.61 per share, for a total transaction of $4,610,000.00. Following the acquisition, the insider owned 28,806,415 shares of the company’s stock, valued at approximately $132,797,573.15. This represents a 3.60% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Alan B. Cardenas sold 9,139 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $5.71, for a total transaction of $52,183.69. Following the sale, the senior vice president directly owned 236,237 shares of the company’s stock, valued at approximately $1,348,913.27. This trade represents a 3.72% decrease in their position. The SEC filing for this sale provides additional information. 16.30% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of COUR. Optiver Holding B.V. acquired a new stake in shares of Coursera in the 1st quarter valued at about $31,000. Versant Capital Management Inc raised its stake in Coursera by 63.2% during the 2nd quarter. Versant Capital Management Inc now owns 5,555 shares of the company’s stock worth $31,000 after buying an additional 2,152 shares during the period. IFP Advisors Inc boosted its holdings in Coursera by 299.7% in the second quarter. IFP Advisors Inc now owns 5,912 shares of the company’s stock worth $33,000 after acquiring an additional 4,433 shares in the last quarter. Allworth Financial LP bought a new position in Coursera in the second quarter worth approximately $40,000. Finally, Farther Finance Advisors LLC boosted its holdings in Coursera by 54.2% in the third quarter. Farther Finance Advisors LLC now owns 7,602 shares of the company’s stock worth $38,000 after acquiring an additional 2,672 shares in the last quarter. 89.55% of the stock is owned by institutional investors.

Coursera News Summary

Here are the key news stories impacting Coursera this week:

• Positive Sentiment: Coursera reported third-quarter revenue of approximately $377 million and adjusted earnings of $0.21 per share, exceeding consensus estimates. Revenue increased 94% year over year, while earnings more than doubled from $0.10 per share in the prior-year quarter. Coursera Q3 Earnings and Revenues Beat Estimates
• Positive Sentiment: Management expects more than $150 million in gross cost savings by year-end as integration efforts progress, supporting the potential for margin expansion and operating efficiencies. Coursera Q4 Revenue and Cost Savings Outlook
• Positive Sentiment: Unusual options activity saw traders purchase 5,405 call options, roughly 247% above average call volume, indicating heightened speculative interest and potential bullish positioning.

About Coursera

Coursera, Inc is an online learning platform that provides access to courses, professional certificates, guided projects, and degree programs. The company works with universities, colleges, and industry partners to offer content in areas such as business, technology, data science, computer science, and personal development.

Coursera serves individual learners, businesses, governments, and academic institutions in countries around the world. Its enterprise and government offerings support employee training, workforce development, and large-scale education initiatives, while its consumer platform allows learners to enroll in individual courses or broader credential and degree programs.

Coursera was founded in 2012 by computer-science professors Andrew Ng and Daphne Koller.