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
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 41.07% from the current stock price of 7.84.
Analyst Consensus: Buy
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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 3 | 3 | 3 | 2 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 4 | 4 | 4 | 4 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 10 | 10 | 10 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Maintains $18 → $11 | Buy | Maintains | $18 → $11 | +40.31% | Oct 30, 2024 |
| Needham | Needham | Strong Buy Maintains $15 → $11 | Strong Buy | Maintains | $15 → $11 | +40.31% | Oct 30, 2024 |
| Morgan Stanley | Morgan Stanley | Hold → Sell Downgrades $10 → $7.5 | Hold → Sell | Downgrades | $10 → $7.5 | -4.34% | Sep 27, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $15 → $10 | Strong Buy | Maintains | $15 → $10 | +27.55% | Aug 2, 2024 |
| Needham | Needham | Strong Buy Reiterates $15 | Strong Buy | Reiterates | $15 | +91.33% | Aug 1, 2024 |
Financial Forecast
Revenue This Year
796.99M
from 728.94M
Increased by 9.34%
Revenue Next Year
830.18M
from 796.99M
Increased by 4.16%
EPS This Year
0.11
from -0.71
EPS Next Year
0.37
from 0.11
Increased by 249.52%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 823.8M | 906.0M | 983.0M | |
| Avg | 797.0M | 830.2M | 903.3M | |
| Low | 763.9M | 779.9M | 831.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 13.0% | 13.7% | 18.4% | |
| Avg | 9.3% | 4.2% | 8.8% | |
| Low | 4.8% | -2.1% | 0.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.17 | 0.50 | 0.85 |
| Avg | 0.11 | 0.37 | 0.64 |
| Low | -0.02 | 0.25 | 0.49 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 375.1% | 129.1% |
| Avg | - | 249.5% | 73.3% |
| Low | - | 131.0% | 32.2% |
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.