FY2025 Earnings Forecast for Udemy Issued By KeyCorp

Udemy, Inc. (NASDAQ:UDMY) – Equities research analysts at KeyCorp issued their FY2025 EPS estimates for shares of Udemy in a note issued to investors on Monday, January 12th. KeyCorp analyst forecasts that the company will post earnings of $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.

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

Udemy Stock Performance

Shares of UDMY stock opened at $5.19 on Thursday. Udemy has a fifty-two week low of $4.86 and a fifty-two week high of $10.61. The stock’s fifty day moving average price is $5.42 and its two-hundred day moving average price is $6.36. The company has a market cap of $759.71 million, a PE ratio of -172.94 and a beta of 1.73.

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

Insider Buying and Selling

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

Institutional Trading of Udemy

A number of institutional investors and hedge funds have recently bought and sold shares of UDMY. AQR Capital Management LLC lifted its holdings in Udemy by 217.6% during the 1st quarter. AQR Capital Management LLC now owns 205,212 shares of the company’s stock worth $1,592,000 after buying an additional 140,597 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Udemy by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 54,071 shares of the company’s stock valued at $420,000 after buying an additional 2,399 shares during the period. Millennium Management LLC boosted its holdings in shares of Udemy by 5.0% during the 1st quarter. Millennium Management LLC now owns 753,782 shares of the company’s stock worth $5,849,000 after buying an additional 35,577 shares in the last quarter. Goldman Sachs Group Inc. grew its position in shares of Udemy by 45.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 658,603 shares of the company’s stock worth $5,111,000 after buying an additional 205,104 shares during the period. Finally, Jane Street Group LLC increased its stake in shares of Udemy by 116.6% in the 1st quarter. Jane Street Group LLC now owns 143,497 shares of the company’s stock valued at $1,114,000 after acquiring an additional 77,260 shares in the last quarter. 79.48% of the stock is currently owned by institutional investors and hedge funds.

Udemy Company Profile

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.