Udemy, Inc. (UDMY)
NASDAQ: UDMY · Real-Time Price · USD
7.90
+0.14 (1.80%)
Dec 20, 2024, 4:00 PM EST - Market closed
Udemy Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Udemy stock have an average target of 10.95, with a low estimate of 7.50 and a high estimate of 13. The average target predicts an increase of 38.61% from the current stock price of 7.90.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Udemy stock from 10 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 2 | 2 | 2 |
| Buy | 3 | 3 | 3 | 3 | 3 | 4 |
| Hold | 4 | 4 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 10 | 9 | 9 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Buy Initiates $10 | Buy | Initiates | $10 | +26.58% | Dec 5, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Maintains $18 → $11 | Buy | Maintains | $18 → $11 | +39.24% | Oct 30, 2024 |
| Needham | Needham | Strong Buy Maintains $15 → $11 | Strong Buy | Maintains | $15 → $11 | +39.24% | Oct 30, 2024 |
| Morgan Stanley | Morgan Stanley | Hold → Sell Downgrades $10 → $7.5 | Hold → Sell | Downgrades | $10 → $7.5 | -5.06% | Sep 27, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $15 → $10 | Strong Buy | Maintains | $15 → $10 | +26.58% | Aug 2, 2024 |
Financial Forecast
Revenue This Year
796.97M
from 728.94M
Increased by 9.33%
Revenue Next Year
823.96M
from 796.97M
Increased by 3.39%
EPS This Year
0.12
from -0.71
EPS Next Year
0.38
from 0.12
Increased by 219.12%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 822.0M | 883.7M | 950.0M | ||
| Avg | 797.0M | 824.0M | 890.8M | ||
| Low | 763.9M | 778.7M | 814.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.8% | 10.9% | 15.3% | ||
| Avg | 9.3% | 3.4% | 8.1% | ||
| Low | 4.8% | -2.3% | -1.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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 | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.