Udemy, Inc. (UDMY)
NASDAQ: UDMY · IEX Real-Time Price · USD
9.94
+0.05 (0.51%)
May 17, 2024, 4:00 PM EDT - Market closed
Udemy Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Udemy stock have an average target of 13.9, with a low estimate of 11 and a high estimate of 20. The average target predicts an increase of 39.84% from the current stock price of 9.94.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Udemy stock from 10 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 3 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 2 | 2 | 3 | 3 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 10 | 10 | 11 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keybanc | Keybanc | Buy Maintains $15 → $14 | Buy | Maintains | $15 → $14 | +40.85% | May 3, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $20 | Buy | Reiterates | $20 | +101.21% | May 3, 2024 |
| Baird | Baird | Buy Maintains $15 → $13 | Buy | Maintains | $15 → $13 | +30.78% | May 3, 2024 |
| Needham | Needham | Strong Buy Reiterates $15 | Strong Buy | Reiterates | $15 | +50.91% | May 3, 2024 |
| Jefferies | Jefferies | Hold Maintains $14 → $11 | Hold | Maintains | $14 → $11 | +10.66% | Apr 29, 2024 |
Financial Forecast
Revenue This Year
818.59M
from 728.94M
Increased by 12.30%
Revenue Next Year
933.50M
from 818.59M
Increased by 14.04%
EPS This Year
0.02
from -0.71
EPS Next Year
0.22
from 0.02
Increased by 1,213.75%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 847.8M | 992.5M | 1.1B | 1.1B |
| Avg | 818.6M | 933.5M | 1.0B | 1.0B |
| Low | 777.8M | 835.8M | 910.3M | 994.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 16.3% | 21.2% | 20.9% | 3.4% |
| Avg | 12.3% | 14.0% | 10.3% | 0.5% |
| Low | 6.7% | 2.1% | -2.5% | -3.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.13 | 0.38 | 0.58 |
| Avg | 0.02 | 0.22 | 0.52 |
| Low | -0.08 | 0.07 | 0.45 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 2,135.2% | 160.4% |
| Avg | - | 1,213.8% | 132.1% |
| Low | - | 305.6% | 102.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.