Udemy
UDMY

$7.77

4.79%

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

Consumer Discretionary Educational Services

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 6 analysts

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

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Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$10

29%

upside

Avg. target

$13.17

69%

upside

High target

$18

132%

upside

6 analyst ratings

6 positive

100%

0 neutral

0%

0 negative

0%

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

See Analyst Rankings

Financial journalist opinion

Based on 4 articles about UDMY published over the past 30 days

New Research Finds 65% of Generation Z is Eager for Professional Development and Career Growth, Challenging Stereotypes Toward Newest Members of the Workforce

SAN FRANCISCO--(BUSINESS WIRE)--Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, today released a new research report, Gen Z in the Workplace: Welcoming the Next Generation. Recognizing the importance of Generation Z (Gen Z) for the future workforce, the new research based on responses from over 6,500 multi-generational learners challenges many stereotypical perceptions of Gen Z (defined in the report as people born between 1997 and 2012). Often depicted as “lazy.

New Research Finds 65% of Generation Z is Eager for Professional Development and Career Growth, Challenging Stereotypes Toward Newest Members of the Workforce

Udemy Founder Eren Bali Returns as Chief Technology Officer

SAN FRANCISCO--(BUSINESS WIRE)--Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, today announced that Eren Bali, who co-founded Udemy in 2010 and served as the company's Chief Executive Officer (CEO) until 2014, has returned as Chief Technology Officer (CTO), effective August 12, 2024. Bali succeeds Venu Venugopal, who has served as Udemy's CTO since May 2019. Venugopal will continue serving in an advisory capacity to ensure a seamless transition. Bali will repor.

Udemy Founder Eren Bali Returns as Chief Technology Officer

Udemy Introduces Enhanced Offering to Elevate Critical Skills for Growing Businesses

SAN FRANCISCO--(BUSINESS WIRE)--Udemy, a leading online skills marketplace and learning platform, today announced a new self-serve toolkit, which seeks to help thousands of small- and medium-sized businesses (SMBs) accelerate skills acquisition by equipping them with a curated set of course recommendations to thrive in today's digital age. The “Udemy Business Course Collection for Small & Growing Businesses” includes a tailored set of course recommendations across 15 in-demand topics such a.

Udemy Introduces Enhanced Offering to Elevate Critical Skills for Growing Businesses

Udemy: Focusing On Margin Improvement Over Growth

Shares have fallen nearly 25% after Q2 earnings, where management lowered its full-year revenue guidance by $21 million. Margin guidance for this year remains unchanged, with management anticipating substantial margin improvements in the mid-term and aiming to achieve an adjusted EBITDA margin of 20% in 2027. Though I see limited downside given the company's large net cash position and its expectation to reach profitability this year, the outlook for growth remains weak.

Udemy: Focusing On Margin Improvement Over Growth

Soft Skills and Technology Certification Preparation Courses Are Surging as Organizations Shift to Skills-Based Talent Management Practices

SAN FRANCISCO--(BUSINESS WIRE)--Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, today released its Q2 2024 Global Workplace Learning Index. This quarterly report provides insights into which skills are growing in demand and helps organizations stay ahead of the competition worldwide. According to the World Economic Forum, many companies face mounting skills gaps hindering business growth. Coupled with the rapid rise of generative AI (GenAI), skills gaps are beco.

Soft Skills and Technology Certification Preparation Courses Are Surging as Organizations Shift to Skills-Based Talent Management Practices

Creative Media & Community Trust Corporation Reports 2024 Second Quarter Results

DALLAS--(BUSINESS WIRE)--CMCT announces Q2 2024 earnings.

Creative Media & Community Trust Corporation Reports 2024 Second Quarter Results

Udemy Collaborates with Republic Polytechnic to Offer 27,000 SkillsFuture Credit Eligible Courses on Essential Skills

SINGAPORE--(BUSINESS WIRE)--Udemy, a leading online skills marketplace and learning platform, today announced that it will be making learning more accessible for millions of Singaporeans by providing them with flexible and continuous skills development and validation opportunities to optimize their career journeys and help future-proof the nation's workforce. Today, Singaporeans will be able to use their SkillsFuture Credit1 for a 12-month subscription plan for Udemy Business via the MySkillsFu.

Udemy Collaborates with Republic Polytechnic to Offer 27,000 SkillsFuture Credit Eligible Courses on Essential Skills

Chegg follows Udemy in calling for tougher times ahead for edtech companies

Shares of Chegg Inc. dropped more than 17% in the after-hours session Monday after the edtech company reported better-than-expected second-quarter results but guided for lower revenue in the current quarter on the shadow of AI.

Chegg follows Udemy in calling for tougher times ahead for edtech companies

The Motley Fool

Why Udemy Stock Got Hammered Today

Udemy hit its guidance in the most recent quarter but lowered its outlook for the year. The company's subscription enterprise product is still growing, which is encouraging.

Why Udemy Stock Got Hammered Today

Western Digital, Udemy, Teladoc Health And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

U.S. stock futures were mixed this morning, with the Dow futures falling around 0.1% on Thursday.

Western Digital, Udemy, Teladoc Health And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

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