Udemy, Inc. (UDMY)
NASDAQ: UDMY · IEX Real-Time Price · USD
9.97
+0.08 (0.81%)
Apr 16, 2024, 4:00 PM EDT - Market closed

Udemy Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for Udemy stock have an average target of 16.3, with a low estimate of 12 and a high estimate of 28. The average target predicts an increase of 63.49% from the current stock price of 9.97.

Analyst Consensus: Buy
Target Low Average Median High
Price $12 $16.3 $15 $28
Change +20.36% +63.49% +50.45% +180.84%

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 Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 444444
Buy 333333
Hold 222333
Sell 000000
Strong Sell 000000
Total 999101010

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Needham
Needham
Strong Buy
Reiterates
$15
Strong Buy Reiterates $15 +50.45% Apr 4, 2024
Baird
Baird
Buy
Maintains
$15$17
Buy Maintains $15$17 +70.51% Feb 15, 2024
JP Morgan
JP Morgan
Hold
Maintains
$11$12
Hold Maintains $11$12 +20.36% Feb 15, 2024
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Reiterates
$20
Buy Reiterates $20 +100.60% Feb 15, 2024
Piper Sandler
Piper Sandler
Hold
Reiterates
$13
Hold Reiterates $13 +30.39% Feb 15, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
818.59M
from 728.94M
Increased by 12.30%
Revenue Next Year
933.50M
from 818.59M
Increased by 14.04%
EPS This Year
0.02
from -0.71
EPS Next Year
0.22
from 0.02
Increased by 1,213.75%
Year 20192020202120222023202420252026
Revenue
276.33M429.90M515.66M629.10M728.94M818.59M933.50M1.03B
Revenue Growth
-55.58%19.95%22.00%15.87%12.30%14.04%10.34%
EPS
-2.57-2.33-1.46-1.09-0.710.020.220.52
EPS Growth
------1,213.75%132.07%
No. Analysts -----15145
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 847.8M 992.5M 1.1B
Avg 818.6M 933.5M 1.0B
Low 777.8M 835.8M 910.3M

Revenue Growth

Revenue Growth 202420252026
High
16.3%
21.2%
20.9%
Avg
12.3%
14.0%
10.3%
Low
6.7%
2.1%
-2.5%

EPS Forecast

EPS 202420252026
High 0.13 0.38 0.58
Avg 0.02 0.22 0.52
Low -0.08 0.07 0.45

EPS Growth

EPS Growth 202420252026
High -
2,135.2%
160.4%
Avg -
1,213.8%
132.1%
Low -
305.6%
102.9%
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.