Udemy, Inc. (UDMY)
NASDAQ: UDMY · IEX Real-Time Price · USD
8.30
-0.34 (-3.94%)
At close: Jul 5, 2024, 4:00 PM
8.58
+0.27 (3.31%)
After-hours: Jul 5, 2024, 7:53 PM EDT
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 67.47% from the current stock price of 8.30.
Analyst Consensus: Buy
* Price targets were last updated on May 3, 2024.
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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 3 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 2 | 3 | 3 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 10 | 10 | 11 | 11 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $20 | Buy | Reiterates | $20 | +140.96% | May 3, 2024 |
| Needham | Needham | Strong Buy Reiterates $15 | Strong Buy | Reiterates | $15 | +80.72% | May 3, 2024 |
| Keybanc | Keybanc | Buy Maintains $15 → $14 | Buy | Maintains | $15 → $14 | +68.67% | May 3, 2024 |
| Baird | Baird | Buy Maintains $15 → $13 | Buy | Maintains | $15 → $13 | +56.63% | May 3, 2024 |
| Jefferies | Jefferies | Hold Maintains $14 → $11 | Hold | Maintains | $14 → $11 | +32.53% | Apr 29, 2024 |
Financial Forecast
Revenue This Year
815.19M
from 728.94M
Increased by 11.83%
Revenue Next Year
925.09M
from 815.19M
Increased by 13.48%
EPS This Year
0.08
from -0.71
EPS Next Year
0.26
from 0.08
Increased by 216.63%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 841.1M | 978.8M | 1.1B | 1.1B |
| Avg | 815.2M | 925.1M | 1.1B | 1.0B |
| Low | 781.3M | 877.3M | 1.0B | 994.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 15.4% | 20.1% | 22.0% | -0.5% |
| Avg | 11.8% | 13.5% | 15.7% | -3.3% |
| Low | 7.2% | 7.6% | 8.3% | -7.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.13 | 0.39 | 0.66 |
| Avg | 0.08 | 0.26 | 0.55 |
| Low | 0.01 | 0.16 | 0.45 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 373.5% | 154.4% |
| Avg | - | 216.6% | 114.4% |
| Low | - | 92.2% | 74.5% |
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.