Udemy, Inc. (UDMY)

NASDAQ: UDMY · IEX Real-Time Price · USD
10.93
-0.21 (-1.89%)
Mar 4, 2024, 3:59 PM EST - Market closed
-1.89%
Market Cap 1.76B
Revenue (ttm) 728.94M
Net Income (ttm) -107.29M
Shares Out 157.17M
EPS (ttm) -0.71
PE Ratio n/a
Forward PE 493.13
Dividend n/a
Ex-Dividend Date n/a
Volume 829,287
Open 11.11
Previous Close 11.14
Day's Range 10.82 - 11.15
52-Week Range 8.17 - 16.01
Beta 2.32
Analysts Buy
Price Target 16.30 (+49.13%)
Earnings Date Feb 14, 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 $16.3, which is an increase of 49.13% from the latest price.

Price Target
$16.3
(49.13% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

6 days 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...

11 days ago - GlobeNewsWire

Udemy Reports Fourth Quarter and Full Year 2023 Results

Hi there, I've included both a Word and PDF version of the release so you can ensure the formatting appears correctly and access all hyperlinks. Thank you!

19 days 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

19 days ago - GlobeNewsWire

Udemy stock got boosted by analysts, massive growth at discounts

Some industries have been overdue for reform for a few years – more like decades, and private education is one of them. The curriculums and teachings that used to work may no longer be valid in today'...

20 days ago - MarketBeat

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...

4 weeks 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 ...

4 weeks 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...

5 weeks 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...

7 weeks 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

2 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...

3 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...

3 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...

3 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...

3 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...

4 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...

4 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...

4 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...

5 months ago - GlobeNewsWire

Udemy and Docker Announce New Partnership to Upskill the Next Generation of Developers

Partnership provides 20 million active Docker developers with access to dedicated learning paths and more than 350 real-time Docker training modules on emerging technologies to prevent widening skills...

5 months ago - GlobeNewsWire

Udemy to Present at Citi's 2023 Global Technology Conference

Fireside chat to be webcast live at 11:30 a.m. PT / 2:30 p.m. ET on September 6 Fireside chat to be webcast live at 11:30 a.m. PT / 2:30 p.m. ET on September 6

6 months ago - GlobeNewsWire

Generative AI and Professional Tech Certification Courses Continue to Dominate Emerging Skills Demand for Professionals Globally

Udemy Q2 Learning Index highlights technical and professional power skills needed to navigate today's rapidly changing workforce Udemy Q2 Learning Index highlights technical and professional power ski...

7 months ago - GlobeNewsWire

Udemy introduces new Badging offering and Integrated Skills Framework to help organizations verify technical skills and future-proof their workforce

Capabilities include curated learning paths with labs and assessments to help professionals prepare for the most sought after technical certifications and badges Capabilities include curated learning ...

7 months ago - GlobeNewsWire

Udemy Appoints Prasad Raje as Chief Product Officer

Veteran technology leader brings entrepreneurial mindset and wealth of experience delivering innovative SaaS products that address customer needs Veteran technology leader brings entrepreneurial minds...

7 months ago - GlobeNewsWire

Udemy to Announce Second Quarter 2023 Results on August 3

SAN FRANCISCO, July 14, 2023 (GLOBE NEWSWIRE) -- Udemy (Nasdaq: UDMY), a company dedicated to improving lives through learning, today announced it will report its second quarter 2023 financial results...

8 months ago - GlobeNewsWire

Udemy Appoints Sohaib Abbasi as Independent Chair of its Board of Directors

Appointment adds extensive enterprise software experience from a seasoned board chairman and former CEO Appointment adds extensive enterprise software experience from a seasoned board chairman and for...

8 months ago - GlobeNewsWire