What is KeyCorp’s Estimate for Udemy FY2025 Earnings?

Udemy, Inc. (NASDAQ:UDMY) – Equities research analysts at KeyCorp issued their FY2025 earnings per share (EPS) estimates for shares of Udemy in a report issued on Monday, January 12th. KeyCorp analyst forecasts that the company will post earnings per share of $0.01 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.

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

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

Udemy Price Performance

NASDAQ:UDMY opened at $5.01 on Thursday. The firm’s 50-day moving average price is $5.42 and its 200-day moving average price is $6.34. The company has a market capitalization of $733.36 million, a PE ratio of -166.94 and a beta of 1.73. Udemy has a 1-year low of $4.86 and a 1-year high of $10.61.

Hedge Funds Weigh In On Udemy

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Focus Partners Wealth grew its stake in shares of Udemy by 1.9% in the first quarter. Focus Partners Wealth now owns 79,437 shares of the company’s stock worth $616,000 after acquiring an additional 1,468 shares during the period. Rhumbline Advisers grew its position in Udemy by 1.2% in the 1st quarter. Rhumbline Advisers now owns 132,289 shares of the company’s stock worth $1,027,000 after purchasing an additional 1,613 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Udemy by 4.6% during the 1st 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 last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of Udemy by 5.4% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 50,299 shares of the company’s stock valued at $354,000 after buying an additional 2,597 shares during the period. Finally, Stoneridge Investment Partners LLC boosted its stake in shares of Udemy by 8.6% in the 3rd quarter. Stoneridge Investment Partners LLC now owns 44,447 shares of the company’s stock worth $312,000 after buying an additional 3,535 shares during the last quarter. Institutional investors own 79.48% of the company’s stock.

Insider Activity

In related news, CFO Sarah Blanchard sold 25,000 shares of the stock in a transaction on Monday, December 15th. The stock was 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. This trade represents a 2.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 2.10% of the stock is currently owned by insiders.

About Udemy

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.