UdemyUDMY
Market Cap: $1.17B
About: Udemy Inc operates a marketplace platform at the center of a vibrant knowledge network. The Company operates under two operating and reportable segments Consumer and Enterprise, out of which the Enterprise segment derives the maximum revenue. Geographically, the company derives maximum revenue from North America. The company leverages data, technology, and insights for effective learning experiences. It helps individuals and organizations to possess effective skill acquisition and development with flexibility.
Employees: 1,443
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
67% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 33
49% more call options, than puts
Call options by funds: $1.13M | Put options by funds: $755K
8.93% more ownership
Funds ownership: 78.98% [Q1] → 87.9% (+8.93%) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 9 [Q1] → 9 (+0) [Q2]
4% less funds holding
Funds holding: 141 [Q1] → 136 (-5) [Q2]
15% less capital invested
Capital invested by funds: $1.37B [Q1] → $1.16B (-$209M) [Q2]
17% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 29
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Canaccord Genuity | 54%upside $12 | Buy Initiated | 8 Aug 2024 |
Truist Securities Terry Tillman 65% 1-year accuracy 28 / 43 met price target | 29%upside $10 | Buy Maintained | 2 Aug 2024 |
Needham Ryan MacDonald 61% 1-year accuracy 44 / 72 met price target | 93%upside $15 | Buy Reiterated | 1 Aug 2024 |
Cantor Fitzgerald Brett Knoblauch 27% 1-year accuracy 22 / 81 met price target | 132%upside $18 | Overweight Maintained | 1 Aug 2024 |
Baird Rob Oliver 51% 1-year accuracy 19 / 37 met price target | 42%upside $11 | Outperform Maintained | 1 Aug 2024 |
Financial journalist opinion
Based on 4 articles about UDMY published over the past 30 days