Udemy (UDMY)

• Market cap: $1.44B
• 1 day: -0.20%
• 5 days: 15.74%
• 1 month: 25.06%
• 3 months: 29.54%
• 6 months: 18.69%
• Year to date: 18.69%
• 1 year: -8.17%
• 5 years: -64.44%
• 10 years: -64.44%
• Sector: Consumer Discretionary
• Industry: Educational Services

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 Q4 regulatory filings by fund managers ($100M+ AUM)

145% more first-time investments, than exits

New positions opened: 49 | Existing positions closed: 20

113% more call options, than puts

Call options by funds: $1.13M | Put options by funds: $527K

18% more funds holding

Funds holding: 138 [Q3] → 163 (+25) [Q4]

9% more capital invested

Capital invested by funds: $934M [Q3] → $1.01B (+$80.5M) [Q4]

5% more repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 43

0.99% more ownership

Funds ownership: 83.52% [Q3] → 84.51% (+0.99%) [Q4]

13% less funds holding in top 10

Funds holding in top 10: 8 [Q3] → 7 (-1) [Q4]

Research analyst outlook

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

• Low target: $9 8% downside
• Avg. target: $11 12% upside
• High target: $14 43% upside

4 analyst ratings

• positive: 3 75%
• neutral: 0 0%
• negative: 1 25%

Morgan Stanley Josh Baer 53% 1-year accuracy 8 / 15 met price target	8% downside $9	Underweight Maintained	20 Feb 2025
Canaccord Genuity Jason Tilchen 100% 1-year accuracy 7 / 7 met price target	43% upside $14	Buy Maintained	14 Feb 2025
Needham Ryan MacDonald 56% 1-year accuracy 38 / 68 met price target	12% upside $11	Buy Reiterated	14 Feb 2025
Scotiabank Nat Schindler 71% 1-year accuracy 10 / 14 met price target	2% upside $10	Sector Outperform Initiated	5 Dec 2024