Udemy, Inc. (UDMY)

NASDAQ: UDMY · IEX Real-Time Price · USD
10.21
-0.01 (-0.10%)
At close: Apr 23, 2024, 4:00 PM
10.13
-0.08 (-0.78%)
After-hours: Apr 23, 2024, 4:07 PM EDT
-0.10%
Market Cap 1.61B
Revenue (ttm) 728.94M
Net Income (ttm) -107.29M
Shares Out 158.09M
EPS (ttm) -0.71
PE Ratio n/a
Forward PE 500.74
Dividend n/a
Ex-Dividend Date n/a
Volume 456,112
Open 10.20
Previous Close 10.22
Day's Range 10.15 - 10.42
52-Week Range 8.17 - 16.01
Beta 2.14
Analysts Buy
Price Target 16.10 (+57.69%)
Earnings Date May 2, 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 10 analysts, the average rating for UDMY stock is "Buy." The 12-month stock price forecast is $16.1, which is an increase of 57.69% from the latest price.

Price Target
$16.1
(57.69% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Earthquakes Announce Udemy as Official Learning and Skills Partner and Official Training Jersey Partner

SAN JOSE, Calif.--(BUSINESS WIRE)--The San Jose Earthquakes (Quakes) announced today a new multi-year partnership with Udemy, a leading online skills marketplace and learning platform, to be their Off...

18 hours ago - Business Wire

Udemy Named to TIME's Inaugural List of the World's Top EdTech Companies in 2024

SAN FRANCISCO--(BUSINESS WIRE)--Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, today announced its inclusion in TIME's inaugural list of the World's Top EdTech Compan...

19 hours ago - Business Wire

Udemy Continues Success in EMEA, Optimising Skills Development and Flexible Learning for Professionals

LONDON--(BUSINESS WIRE)--Udemy announced growth in customer acquisition and strategic partnerships across EMEA.

2 days ago - Business Wire

Udemy to Announce First Quarter 2024 Results on May 2

SAN FRANCISCO, April 12, 2024 (GLOBE NEWSWIRE) -- Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, today announced it will report its first quarter 2024 financial resul...

11 days ago - GlobeNewsWire

New Report Highlights Critical Gap Between Employees and Executives Around Generative AI Leadership Readiness

SAN FRANCISCO--(BUSINESS WIRE)--Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, today announced a new research report, The GenAI Transformation: Perspectives on Leader...

27 days ago - Business Wire

Cloud Native Computing Foundation and Udemy Announce New Partnership to Supercharge the Next Generation of Cloud Native Developers

The partnership seeks to help millions of current and aspiring developers upskill on key Kubernetes disciplines to enhance their level of cloud native proficiency PARIS , March 21, 2024 /PRNewswire/ -...

4 weeks ago - PRNewsWire

Udemy to Host Virtual Product Demonstration and Generative AI Roadmap Preview

Event will include a question-and-answer session with Chief Product Officer Prasad Raje Event will include a question-and-answer session with Chief Product Officer Prasad Raje

4 weeks ago - GlobeNewsWire

Udemy Unveils GenAI Skills Pack, Empowering Leaders and Teams with Unparalleled Competitive Advantage

SAN FRANCISCO--(BUSINESS WIRE)--Udemy launches its GenAI Skills Pack to support organizations globally with the rapid adoption and implementation of in-demand generative AI skills.

5 weeks ago - Business Wire

Udemy to Participate in Two March Investor Conferences

Company to webcast fireside chat sessions from Morgan Stanley's TMT Conference on March 4 and Jefferies' Virtual Online Education/e-Learning Summit on March 11 Company to webcast fireside chat session...

2 months ago - GlobeNewsWire

Global Demand Surges for AI, Leadership, and IT Certification Skills to Drive Better Business Outcomes

SAN FRANCISCO, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Udemy  (Nasdaq: UDMY), a leading online skills marketplace and learning platform, today released its  Q4 2023 Global Workplace Learning Index , a quart...

2 months ago - GlobeNewsWire

Udemy Reports Fourth Quarter and Full Year 2023 Results

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2 months ago - GlobeNewsWire

Udemy Announces Share Repurchase Program

Program authorizes the purchase of up to $100 million of company stock Program authorizes the purchase of up to $100 million of company stock

2 months ago - GlobeNewsWire

Udemy Announces Generative AI Roadmap For Accelerated, Personalized Skills Development

SAN FRANCISCO, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, today announced a series of generative AI (gen AI)-enabled offerings d...

2 months ago - GlobeNewsWire

ServiceNow Integrates Udemy “Power Skills” Courses into Now Learning to Complement Technology Training

First-of-its-kind “power skills” partnership offers the critical skills needed to succeed in tech The program blends soft skills courses like communication, collaboration and analytical thinking with ...

3 months ago - GlobeNewsWire

Udemy to Announce Fourth Quarter and Full Year 2023 Results on February 14

SAN FRANCISCO, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, today announced it will report its fourth quarter and full year 2023 f...

3 months ago - GlobeNewsWire

Udemy Named to Built In's Annual List of Best Places to Work in 2024

SAN FRANCISCO, Jan. 09, 2024 (GLOBE NEWSWIRE) -- Udemy  (Nasdaq: UDMY), a leading online skills marketplace and learning platform, today announced its inclusion on Built In's prestigious annual list o...

3 months ago - GlobeNewsWire

Udemy to Present at Needham's 2024 Annual Growth Conference

Fireside chat to be webcast live at 7:15 a.m. PT / 10:15 a.m. ET on January 16 Fireside chat to be webcast live at 7:15 a.m. PT / 10:15 a.m. ET on January 16

4 months ago - GlobeNewsWire

Binaryoptions.com Issued a Binary Trading Course on Udemy

Singapore, Singapore--(Newsfile Corp. - December 9, 2023) - Binaryoptions.com is an online resource in the binary trading space. In the latest development, the company announces the launch of its anti...

4 months ago - Newsfile Corp

ChatGPT's First Year: Udemy Data Highlights Unprecedented Global Demand for Generative AI Skills

SAN FRANCISCO, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, today released key insights ahead of the one-year anniversary of the l...

5 months ago - GlobeNewsWire

Udemy Partners with Google Cloud as Inaugural Member of its New Cloud Endorsed Content Program

Partnership seeks to meet the growing demand and upskilling requirements for millions of cloud computing professionals worldwide Partnership seeks to meet the growing demand and upskilling requirement...

5 months ago - GlobeNewsWire

McLaren Racing and Udemy Announce Multi-Series Partnership

SAN FRANCISCO, Nov. 14, 2023 (GLOBE NEWSWIRE) -- McLaren Racing and Udemy (Nasdaq: UDMY) today announced a multi-year partnership spanning the full McLaren physical racing portfolio. In a first-of-its...

5 months ago - GlobeNewsWire

Udemy Reports Third Quarter 2023 Results and Raises Full-Year Outlook

Increased Udemy Business revenue 30% year-over-year Delivered second consecutive quarter of positive adjusted EBITDA Committed to first full year of positive adjusted EBITDA ahead of plan in 2023 Achi...

6 months ago - GlobeNewsWire

Udemy Report Reveals Trends Around the Future of Work, Generative AI and the Shift Toward a Skills-Based Economy

2024 Global Learning & Skills Trends Report shows AI-related skills development on the Udemy Business platform increased 60% year-over-year 2024 Global Learning & Skills Trends Report shows AI-related...

6 months ago - GlobeNewsWire

Udemy Celebrates Global Reach and Impact of Instructors with Documentary-Style Video

SAN FRANCISCO, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Udemy (NASDAQ: UDMY), a company dedicated to improving lives through learning, has launched a new mini documentary-style video that through the story o...

6 months ago - GlobeNewsWire

Udemy to Announce Third Quarter 2023 Results on November 2

SAN FRANCISCO, Oct. 12, 2023 (GLOBE NEWSWIRE) -- Udemy (Nasdaq: UDMY), a company dedicated to transforming lives through learning, today announced it will report its third quarter 2023 financial resul...

6 months ago - GlobeNewsWire