Udemy, Inc. (UDMY)
Market Cap | 1.10B |
Revenue (ttm) | 776.17M |
Net Income (ttm) | -95.67M |
Shares Out | 145.90M |
EPS (ttm) | -0.62 |
PE Ratio | n/a |
Forward PE | 23.76 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 557,540 |
Open | 7.52 |
Previous Close | 7.55 |
Day's Range | 7.40 - 7.61 |
52-Week Range | 6.67 - 16.01 |
Beta | 1.95 |
Analysts | Buy |
Price Target | 11.06 (+46.49%) |
Earnings Date | Oct 29, 2024 |
About UDMY
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. Its courses provide learning objectives, such as reskilling or upskilling in technology, business, soft skills, and personal development, as well as learners receive access to interactive learning tools comprising quizzes, exercises... [Read more]
Financial Performance
In 2023, Udemy's revenue was $728.94 million, an increase of 15.87% compared to the previous year's $629.10 million. Losses were -$107.29 million, -30.27% less than in 2022.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for UDMY stock is "Buy." The 12-month stock price forecast is $11.06, which is an increase of 46.49% from the latest price.
News
Udemy's Annual Report Finds Enterprises Are Leveraging GenAI to Maximize Productivity and Unblock Human-Powered Upskilling
SAN FRANCISCO--(BUSINESS WIRE)--Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, today released its 2025 Global Learning & Skills Trends Report. Leveraging data from ne...
Udemy's Inaugural Learning Excellence Awards Honor Six Organizations Excelling in Skills-Best Practices
SAN FRANCISCO--(BUSINESS WIRE)--Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, announced the winners of its first global Udemy Learning Excellence Awards. This awards...
Udemy, Inc. (UDMY) Q3 2024 Earnings Call Transcript
Udemy, Inc. (NASDAQ:UDMY) Q3 2024 Earnings Conference Call October 29, 2024 5:00 PM ET Corporate Participants Dennis Walsh - Vice President, Investor Relations Greg Brown - Chief Executive Officer Sa...
New Data Reveals Global Workforce is Prioritizing Skills to Enhance Productivity, Leadership, and GenAI Automation
SAN FRANCISCO--(BUSINESS WIRE)--Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, today unveiled its Q3 2024 Global Workplace Learning Index, highlighting emerging profe...
Udemy Launches Game-Changing AI Capabilities to Transform How Enterprises Learn and Grow
SAN FRANCISCO--(BUSINESS WIRE)--Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, today announced a new suite of AI capabilities to help organizations create more dynami...
Udemy to Announce Third Quarter 2024 Results on October 29
SAN FRANCISCO, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, today announced it will report its third quarter 2024 financial result...
Udemy Announces New Regional Hub in Mexico to Support Global Expansion and Enhance Learning Experiences
MEXICO CITY--(BUSINESS WIRE)--Udemy, a leading online skills marketplace and learning platform, today announced its plans to open a new office in Mexico City, Mexico. In response to the significant de...
Udemy Downgrade: Analyst Warns Of Negative Risk/Reward Profile While Demand Is Weak
Morgan Stanley analyst Josh Baer downgraded Udemy, Inc. UDMY to Underweight from Equal Weight, lowering the price forecast to $7.50 from $10.
Morgan Stanley downgrades Udemy to Underweight: is more trouble ahead?
Morgan Stanley has downgraded Udemy Inc (NASDAQ: UDMY) to ‘Underweight' from ‘Neutral' and reduced its price target to $7.50 from $10, implying a potential downside of 7% from the current trading pric...
ISG Software Research Recognizes Udemy as #1 Overall Learning Solution, Bestows Digital Innovation Award for Effective Skills Development
SAN FRANCISCO--(BUSINESS WIRE)--Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, today announced that it has been recognized with the highest grade for Overall Learning...
New Article Published in Cell Describes the Safe and Effective Delivery of DNA and RNA Using Proteolipid Vehicles
EDMONTON, Alberta--(BUSINESS WIRE)--Entos® Pharmaceuticals (Entos), a clinical-stage genetic medicines company committed to using its Fusogenix™ PLV™ technology to develop cures and improve the lives ...
New Research Finds 65% of Generation Z is Eager for Professional Development and Career Growth, Challenging Stereotypes Toward Newest Members of the Workforce
SAN FRANCISCO--(BUSINESS WIRE)--Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, today released a new research report, Gen Z in the Workplace: Welcoming the Next Genera...
Udemy Founder Eren Bali Returns as Chief Technology Officer
SAN FRANCISCO--(BUSINESS WIRE)--Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, today announced that Eren Bali, who co-founded Udemy in 2010 and served as the company'...
Udemy Introduces Enhanced Offering to Elevate Critical Skills for Growing Businesses
SAN FRANCISCO--(BUSINESS WIRE)--Udemy, a leading online skills marketplace and learning platform, today announced a new self-serve toolkit, which seeks to help thousands of small- and medium-sized bus...
Udemy: Focusing On Margin Improvement Over Growth
Shares have fallen nearly 25% after Q2 earnings, where management lowered its full-year revenue guidance by $21 million. Margin guidance for this year remains unchanged, with management anticipating s...
Soft Skills and Technology Certification Preparation Courses Are Surging as Organizations Shift to Skills-Based Talent Management Practices
SAN FRANCISCO--(BUSINESS WIRE)--Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, today released its Q2 2024 Global Workplace Learning Index. This quarterly report provi...
Creative Media & Community Trust Corporation Reports 2024 Second Quarter Results
DALLAS--(BUSINESS WIRE)--CMCT announces Q2 2024 earnings.
Udemy Collaborates with Republic Polytechnic to Offer 27,000 SkillsFuture Credit Eligible Courses on Essential Skills
SINGAPORE--(BUSINESS WIRE)--Udemy, a leading online skills marketplace and learning platform, today announced that it will be making learning more accessible for millions of Singaporeans by providing ...
Chegg follows Udemy in calling for tougher times ahead for edtech companies
Shares of Chegg Inc. dropped more than 17% in the after-hours session Monday after the edtech company reported better-than-expected second-quarter results but guided for lower revenue in the current q...
Western Digital, Udemy, Teladoc Health And Other Big Stocks Moving Lower In Thursday's Pre-Market Session
U.S. stock futures were mixed this morning, with the Dow futures falling around 0.1% on Thursday.
Udemy, Inc. (UDMY) Q2 2024 Earnings Call Transcript
Udemy, Inc. (NASDAQ:UDMY) Q2 2024 Results Conference Call July 31, 2024 5:00 PM ET Company Participants Dennis Walsh - Vice President, Investor Relations Greg Brown - Chief Executive Officer Sarah Bl...
Udemy shifts focus to larger businesses as quarterly losses mount
Shares of Udemy Inc. tanked more than 14% in the after-hours session Wednesday after the online education company said it was switching gears toward large businesses as quarterly losses piled up and g...
Udemy Reports Second Quarter 2024 Results
Delivered Q2 revenue at the high-end of guidance and exceeded Adjusted EBITDA expectations Udemy Business revenue increased 19% year-over-year, including the negative impact of 2 percentage points fro...
Udemy Helps Learners Remain at the Forefront of Emerging Generative AI Skills with New Content
SAN FRANCISCO--(BUSINESS WIRE)--Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, today announced the launch of a new course, “Ultimate AWS Certified AI Practitioner AIF...
Climate Vault Helps Advance Innovative Carbon Removal Projects with the Potential to Capture Up to 15,000 Metric Tons of CO2
CHICAGO--(BUSINESS WIRE)--Climate Vault, Inc. today announced its Tech Chamber, led by former U.S. Energy Secretary Ernest Moniz, selected Carbon Lockdown and Octavia Carbon for its 2023 Carbon Dioxid...