Udemy, Inc. (UDMY)

NASDAQ: UDMY · Real-Time Price · USD
7.84
-0.20 (-2.49%)
At close: Nov 4, 2024, 4:00 PM
7.89
+0.05 (0.64%)
After-hours: Nov 4, 2024, 4:16 PM EST
-2.49%
Market Cap 1.14B
Revenue (ttm) 776.17M
Net Income (ttm) -95.67M
Shares Out 145.90M
EPS (ttm) -0.62
PE Ratio n/a
Forward PE 24.99
Dividend n/a
Ex-Dividend Date n/a
Volume 805,667
Open 8.00
Previous Close 8.04
Day's Range 7.81 - 8.21
52-Week Range 6.67 - 16.01
Beta 1.95
Analysts Buy
Price Target 11.06 (+41.07%)
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]

IPO Date Oct 29, 2021
Employees 1,443
Stock Exchange NASDAQ
Ticker Symbol UDMY
Full Company Profile

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 Statements

Analyst 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 41.07% from the latest price.

Price Target
$11.06
(41.07% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

5 days ago - Business Wire

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...

6 days ago - Seeking Alpha

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...

11 days ago - Business Wire

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...

13 days ago - Business Wire

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...

25 days ago - GlobeNewsWire

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...

26 days ago - Business Wire

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.

5 weeks ago - Benzinga

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...

5 weeks ago - Invezz

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...

7 weeks ago - Business Wire

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 ...

7 weeks ago - Business Wire

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...

2 months ago - Business Wire

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'...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

3 months ago - Seeking Alpha

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...

3 months ago - Business Wire

Creative Media & Community Trust Corporation Reports 2024 Second Quarter Results

DALLAS--(BUSINESS WIRE)--CMCT announces Q2 2024 earnings.

Other symbols: HCKT
3 months ago - Business Wire

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 ...

3 months ago - Business Wire

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...

Other symbols: CHGG
3 months ago - Market Watch

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.

Other symbols: TDOCWDC
3 months ago - Benzinga

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...

3 months ago - Seeking Alpha

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...

3 months ago - Market Watch

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...

3 months ago - GlobeNewsWire

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...

3 months ago - Business Wire

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...

Other symbols: WAB
3 months ago - Business Wire

McLaren Racing Executives Share Advanced Leadership and Wellness Skills in New Course on Udemy

SAN FRANCISCO--(BUSINESS WIRE)--Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, today announced the launch of the first-of-its-kind course led by senior executives at ...

3 months ago - Business Wire