Udemy, Inc. (UDMY)
NASDAQ: UDMY · Real-Time Price · USD
7.46
-0.10 (-1.26%)
Nov 21, 2024, 12:18 PM EST - Market open

Udemy Stock Forecast

Stock Price Forecast

The 9 analysts with 12-month price forecasts for Udemy stock have an average target of 11.06, with a low estimate of 7.50 and a high estimate of 13. The average target predicts an increase of 48.36% from the current stock price of 7.46.

Analyst Consensus: Buy
Target Low Average Median High
Price $7.50 $11.06 $11 $13
Change +0.60% +48.36% +47.55% +74.38%

Analyst Ratings

The average analyst rating for Udemy stock from 9 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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 433322
Buy 333333
Hold 444333
Sell 000111
Strong Sell 000000
Total 1110101099

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Maintains
$18$11
Buy Maintains $18$11 +47.55% Oct 30, 2024
Needham
Needham
Strong Buy
Maintains
$15$11
Strong Buy Maintains $15$11 +47.55% Oct 30, 2024
Morgan Stanley
Morgan Stanley
Sell
Downgrades
$10$7.5
Sell Downgrades $10$7.5 +0.60% Sep 27, 2024
Truist Securities
Truist Securities
Strong Buy
Maintains
$15$10
Strong Buy Maintains $15$10 +34.14% Aug 2, 2024
Needham
Needham
Strong Buy
Reiterates
$15
Strong Buy Reiterates $15 +101.21% Aug 1, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
796.94M
from 728.94M
Increased by 9.33%
Revenue Next Year
823.81M
from 796.94M
Increased by 3.37%
EPS This Year
0.12
from -0.71
EPS Next Year
0.38
from 0.12
Increased by 219.12%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
276.33M429.90M515.66M629.10M728.94M796.94M823.81M892.06M
Revenue Growth
-55.58%19.95%22.00%15.87%9.33%3.37%8.28%
EPS
-2.57-2.33-1.46-1.09-0.710.120.380.66
EPS Growth
------219.12%73.77%
Forward PE
-----62.9519.7311.35
No. Analysts -----15159
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 822.0M 883.7M 950.0M
Avg 796.9M 823.8M 892.1M
Low 763.9M 778.7M 814.9M

Revenue Growth

Revenue Growth 2024202520262027
High
12.8%
10.9%
15.3%
Avg
9.3%
3.4%
8.3%
Low
4.8%
-2.3%
-1.1%

EPS Forecast

EPS 202420252026
High 0.17 0.50 0.92
Avg 0.12 0.38 0.66
Low 0.08 0.25 0.49

EPS Growth

EPS Growth 202420252026
High -
325.6%
144.2%
Avg -
219.1%
73.8%
Low -
106.9%
29.7%
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.