Cantor Fitzgerald Forecasts Udemy FY2026 Earnings

Udemy, Inc. (NASDAQ:UDMYFree Report) – Cantor Fitzgerald issued their FY2026 earnings per share estimates for Udemy in a research note issued on Monday, June 9th. Cantor Fitzgerald analyst Y. Lee expects that the company will post earnings of ($0.01) per share for the year. Cantor Fitzgerald currently has a “Overweight” rating and a $9.00 target price on the stock. The consensus estimate for Udemy’s current full-year earnings is ($0.09) per share.

Other equities research analysts have also issued research reports about the stock. Truist Financial reissued a “hold” rating and set a $7.00 target price (down previously from $10.00) on shares of Udemy in a research note on Monday, April 7th. Robert W. Baird dropped their target price on Udemy from $13.00 to $11.00 and set an “outperform” rating on the stock in a research report on Thursday, May 1st. JPMorgan Chase & Co. reduced their price target on Udemy from $11.00 to $8.00 and set a “neutral” rating for the company in a report on Thursday, April 24th. Wall Street Zen upgraded Udemy from a “buy” rating to a “strong-buy” rating in a report on Saturday, June 7th. Finally, Canaccord Genuity Group cut their price objective on shares of Udemy from $14.00 to $12.00 and set a “buy” rating on the stock in a research report on Thursday, May 1st. Five research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $10.05.

Get Our Latest Report on Udemy

Udemy Stock Performance

Shares of UDMY opened at $7.34 on Tuesday. The company has a market capitalization of $1.09 billion, a PE ratio of -12.88 and a beta of 1.81. The company’s 50 day moving average price is $6.80 and its 200 day moving average price is $7.83. Udemy has a 52 week low of $5.68 and a 52 week high of $10.61.

Udemy (NASDAQ:UDMYGet Free Report) last issued its earnings results on Wednesday, April 30th. The company reported $0.12 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.02. The company had revenue of $200.30 million for the quarter, compared to the consensus estimate of $197.19 million. Udemy had a negative return on equity of 27.93% and a negative net margin of 10.84%. The firm’s quarterly revenue was up 1.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.03 EPS.

Insider Buying and Selling at Udemy

In other Udemy news, CTO Eren Bali sold 10,000 shares of the stock in a transaction on Friday, March 14th. The shares were sold at an average price of $8.02, for a total value of $80,200.00. Following the completion of the sale, the chief technology officer now directly owns 2,146,050 shares of the company’s stock, valued at $17,211,321. This represents a 0.46% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Hugo Sarrazin purchased 5,432 shares of the firm’s stock in a transaction on Thursday, May 15th. The stock was bought at an average price of $6.99 per share, for a total transaction of $37,969.68. Following the completion of the transaction, the chief executive officer now directly owns 8,832 shares in the company, valued at approximately $61,735.68. The trade was a 159.76% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders bought 47,580 shares of company stock worth $330,894 over the last ninety days. Company insiders own 2.10% of the company’s stock.

Institutional Investors Weigh In On Udemy

A number of institutional investors have recently added to or reduced their stakes in UDMY. Rhumbline Advisers raised its holdings in Udemy by 1.2% in the 1st quarter. Rhumbline Advisers now owns 132,289 shares of the company’s stock valued at $1,027,000 after acquiring an additional 1,613 shares in the last quarter. Strs Ohio acquired a new position in shares of Udemy in the first quarter valued at $178,000. Focus Partners Wealth lifted its position in 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 purchasing an additional 1,468 shares during the period. Jane Street Group LLC boosted its stake in Udemy by 116.6% during the first quarter. Jane Street Group LLC now owns 143,497 shares of the company’s stock worth $1,114,000 after buying an additional 77,260 shares in the last quarter. Finally, Caxton Associates LLP bought a new stake in Udemy in the 1st quarter valued at $327,000. 79.48% of the stock is owned by institutional investors and hedge funds.

About Udemy

(Get Free Report)

Udemy, Inc, a learning company, that operates a marketplace platform for learning skills in the United States and internationally. The company offers skill acquisition, development, and validation courses for organizations and individuals, through direct-to-consumer or Udemy Business offerings in various languages.

See Also

Receive News & Ratings for Udemy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Udemy and related companies with MarketBeat.com's FREE daily email newsletter.