Udemy (UDMY) Stock Forecast, Price Target & Predictions
UDMY Stock Forecast
Udemy stock forecast is as follows: an average price target of $10.63 (represents a 31.89% upside from UDMY’s last price of $8.06) and a rating consensus of 'Buy', based on 6 wall street analysts offering a 1-year stock forecast.
UDMY Price Target
The average price target for Udemy (UDMY) is $10.63 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $13.00 to $7.50. This represents a potential 31.89% upside from UDMY's last price of $8.06.
UDMY Analyst Ratings
According to 6 Wall Street analysts, Udemy's rating consensus is 'Buy'. The analyst rating breakdown for UDMY stock is 0 'Strong Buy' (0.00%), 4 'Buy' (66.67%), 1 'Hold' (16.67%), 1 'Sell' (16.67%), and 0 'Strong Sell' (0.00%).
Udemy Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 30, 2024 | Brett Knoblauch | Cantor Fitzgerald | $11.00 | $8.01 | 37.33% | 36.48% |
| Sep 27, 2024 | Josh Baer | Morgan Stanley | $7.50 | $7.65 | -1.96% | -6.95% |
| Aug 01, 2024 | Rob Oliver | Robert W. Baird | $11.00 | $9.24 | 19.05% | 36.48% |
| Jul 22, 2024 | Jason Celino | KeyBanc | $13.00 | $8.55 | 52.05% | 61.29% |
| May 03, 2024 | Rob Oliver | Robert W. Baird | $13.00 | $9.89 | 31.45% | 61.29% |
| May 03, 2024 | Jason Celino | KeyBanc | $14.00 | $9.91 | 41.27% | 73.70% |
| Apr 29, 2024 | Brent Thill | Jefferies | $11.00 | $10.18 | 8.06% | 36.48% |
| Jun 02, 2023 | Ryan MacDonald | Needham | $16.00 | $10.68 | 49.81% | 98.51% |
| Jun 06, 2022 | Brent Thill | Jefferies | $15.00 | $13.90 | 7.91% | 86.10% |
| May 05, 2022 | Josh Baer | Morgan Stanley | $17.00 | $10.12 | 67.98% | 110.92% |
| Mar 18, 2022 | Terry Tillman | Truist Financial | $25.00 | $13.28 | 88.25% | 210.17% |
| Jan 17, 2022 | Arvind Ramnani | Piper Sandler | $24.00 | $15.34 | 56.45% | 197.77% |
The latest Udemy stock forecast, released on Oct 30, 2024 by Brett Knoblauch from Cantor Fitzgerald, set a price target of $11.00, which represents a 37.33% increase from the stock price at the time of the forecast ($8.01), and a 36.48% increase from UDMY last price ($8.06).
Udemy Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 7 |
| Avg Price Target | - | $11.00 | $11.50 |
| Last Closing Price | $8.06 | $8.06 | $8.06 |
| Upside/Downside | -100.00% | 36.48% | 42.68% |
In the current month, the average price target of Udemy stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Udemy's last price of $8.06. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 30, 2024 | Cantor Fitzgerald | Overweight | Overweight | Hold |
| Sep 27, 2024 | Morgan Stanley | Underweight | Downgrade | |
| Jul 22, 2024 | KeyBanc | Overweight | Overweight | Hold |
| May 03, 2024 | KeyBanc | Overweight | Overweight | Hold |
| Apr 29, 2024 | Jefferies | Hold | Hold | Hold |
| Apr 04, 2024 | Piper Sandler | Buy | Buy | Hold |
| Apr 04, 2024 | Needham | Buy | Buy | Hold |
| Jun 02, 2023 | Needham | Buy | Buy | Hold |
| Feb 15, 2023 | KeyBanc | Overweight | Overweight | Hold |
| Feb 15, 2023 | Needham | Buy | Buy | Hold |
| Aug 04, 2022 | Piper Sandler | Neutral | Neutral | Hold |
| Jun 06, 2022 | Jefferies | Hold | Hold | Hold |
| Jan 17, 2022 | Piper Sandler | Overweight | Overweight | Hold |
Udemy's last stock rating was published by Cantor Fitzgerald on Oct 30, 2024. The company gave UDMY a "Overweight" rating, the same as its previous rate.
Udemy Financial Forecast
Udemy Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $189.54M | $184.72M | $178.24M | $176.43M | $165.33M | $158.43M | $153.11M | $152.22M | $137.95M | $129.56M |
| Avg Forecast | $219.63M | $215.85M | $214.30M | $214.87M | $202.04M | $202.71M | $200.57M | $201.65M | $194.72M | $192.69M | $194.20M | $194.91M | $186.04M | $178.26M | $173.11M | $170.93M | $165.71M | $156.01M | $149.96M | $146.55M | $132.45M | $125.89M |
| High Forecast | $221.48M | $217.67M | $216.10M | $216.68M | $203.74M | $204.42M | $202.26M | $202.70M | $196.42M | $193.12M | $194.20M | $194.91M | $187.23M | $179.36M | $174.57M | $172.37M | $167.10M | $156.01M | $149.96M | $146.55M | $132.45M | $125.89M |
| Low Forecast | $217.87M | $214.12M | $212.58M | $213.15M | $200.42M | $201.08M | $198.96M | $200.90M | $192.92M | $192.27M | $194.20M | $194.91M | $185.32M | $177.53M | $171.72M | $169.56M | $164.38M | $156.01M | $149.96M | $146.55M | $132.45M | $125.89M |
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 8 | 4 | 3 | 4 | 7 | 10 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.04% | 1.03% | 1.03% | 1.00% | 1.02% | 1.02% | 1.04% | 1.04% | 1.03% |
Udemy's average Quarter revenue forecast for Mar 24 based on 4 analysts is $194.91M, with a low forecast of $194.91M, and a high forecast of $194.91M. UDMY's average Quarter revenue forecast represents a 2.83% increase compared to the company's last Quarter revenue of $189.54M (Dec 23).
Udemy EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 8 | 4 | 3 | 4 | 7 | 10 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $-19.14M | $-21.50M | $-27.46M | $-21.23M | $-54.10M | $-37.84M | $-23.29M | $-20.35M | $-32.88M | $-5.80M |
| Avg Forecast | $-35.03M | $-34.43M | $-34.18M | $-34.27M | $-32.22M | $-32.33M | $-31.99M | $-32.16M | $-31.06M | $-30.73M | $-30.97M | $-31.09M | $-29.67M | $-28.43M | $-27.61M | $-27.26M | $-26.43M | $-25.01M | $-24.04M | $-32.23M | $-24.66M | $-20.18M |
| High Forecast | $-34.75M | $-34.15M | $-33.90M | $-33.99M | $-31.96M | $-32.07M | $-31.73M | $-32.04M | $-30.77M | $-30.66M | $-30.97M | $-31.09M | $-29.56M | $-28.31M | $-27.39M | $-27.04M | $-26.22M | $-25.01M | $-24.04M | $-25.79M | $-19.73M | $-20.18M |
| Low Forecast | $-35.32M | $-34.72M | $-34.47M | $-34.56M | $-32.49M | $-32.60M | $-32.26M | $-32.33M | $-31.33M | $-30.80M | $-30.97M | $-31.09M | $-29.86M | $-28.61M | $-27.84M | $-27.49M | $-26.65M | $-25.01M | $-24.04M | $-38.68M | $-29.59M | $-20.18M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.65% | 0.76% | 0.99% | 0.78% | 2.05% | 1.51% | 0.97% | 0.63% | 1.33% | 0.29% |
undefined analysts predict UDMY's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Udemy's previous annual EBITDA (undefined) of $NaN.
Udemy Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 8 | 4 | 3 | 4 | 7 | 10 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-20.25M | $-16.77M | $-25.73M | $-44.54M | $-52.15M | $-46.69M | $-29.38M | $-25.65M | $-38.88M | $-9.26M |
| Avg Forecast | - | - | - | - | $14.62M | $14.04M | $12.09M | $11.86M | $9.46M | $1.75M | $-1.61M | $-1.67M | $-2.69M | $-2.83M | $-11.19M | $-20.81M | $-33.65M | $-26.78M | $-25.21M | $-32.98M | $-29.16M | $-4.26M |
| High Forecast | - | - | - | - | $14.78M | $14.20M | $12.22M | $13.17M | $14.87M | $1.85M | $-1.59M | $-1.65M | $-2.66M | $-2.80M | $-11.07M | $-20.59M | $-33.30M | $-26.78M | $-25.21M | $-26.38M | $-23.33M | $-4.26M |
| Low Forecast | - | - | - | - | $14.47M | $13.90M | $11.96M | $10.54M | $6.76M | $1.66M | $-1.63M | $-1.69M | $-2.72M | $-2.87M | $-11.31M | $-21.03M | $-34.02M | $-26.78M | $-25.21M | $-39.57M | $-35.00M | $-4.26M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 7.53% | 5.92% | 2.30% | 2.14% | 1.55% | 1.74% | 1.17% | 0.78% | 1.33% | 2.17% |
Udemy's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. UDMY's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).
Udemy SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 8 | 4 | 3 | 4 | 7 | 10 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $105.78M | $98.65M | $99.99M | $105.99M | $115.47M | $104.54M | $91.86M | $88.53M | $93.07M | $64.42M |
| Avg Forecast | $128.74M | $126.53M | $125.61M | $125.95M | $118.43M | $118.82M | $117.57M | $118.20M | $114.14M | $112.95M | $113.84M | $114.25M | $109.05M | $104.49M | $101.47M | $100.19M | $97.13M | $91.40M | $87.85M | $113.83M | $69.80M | $73.75M |
| High Forecast | $129.82M | $127.59M | $126.67M | $127.01M | $119.43M | $119.82M | $118.56M | $118.82M | $115.14M | $113.20M | $113.84M | $114.25M | $109.75M | $105.14M | $102.33M | $101.04M | $97.95M | $91.40M | $87.85M | $136.59M | $83.76M | $73.75M |
| Low Forecast | $127.71M | $125.51M | $124.61M | $124.94M | $117.48M | $117.87M | $116.62M | $117.76M | $113.08M | $112.70M | $113.84M | $114.25M | $108.63M | $104.06M | $100.66M | $99.39M | $96.35M | $91.40M | $87.85M | $91.06M | $55.84M | $73.75M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.97% | 0.94% | 0.99% | 1.06% | 1.19% | 1.14% | 1.05% | 0.78% | 1.33% | 0.87% |
Udemy's average Quarter SG&A projection for Mar 24 is $114.25M, based on 4 Wall Street analysts, with a range of $114.25M to $114.25M. The forecast indicates a 8.01% rise compared to UDMY last annual SG&A of $105.78M (Dec 23).
Udemy EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 8 | 4 | 3 | 4 | 7 | 10 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-0.13 | $-0.11 | $-0.17 | $-0.31 | $-0.36 | $-0.33 | $-0.21 | $-0.18 | $-0.36 | $-0.07 |
| Avg Forecast | - | - | - | - | $0.10 | $0.09 | $0.08 | $0.08 | $0.06 | $0.01 | $-0.01 | $-0.01 | $-0.02 | $-0.02 | $-0.08 | $-0.14 | $-0.23 | $-0.18 | $-0.16 | $-0.15 | $-0.23 | $-0.03 |
| High Forecast | - | - | - | - | $0.10 | $0.10 | $0.08 | $0.09 | $0.10 | $0.01 | $-0.01 | $-0.01 | $-0.02 | $-0.02 | $-0.07 | $-0.14 | $-0.22 | $-0.18 | $-0.16 | $-0.15 | $-0.23 | $-0.03 |
| Low Forecast | - | - | - | - | $0.10 | $0.09 | $0.08 | $0.07 | $0.05 | $0.01 | $-0.01 | $-0.01 | $-0.02 | $-0.02 | $-0.08 | $-0.14 | $-0.23 | $-0.18 | $-0.16 | $-0.15 | $-0.23 | $-0.03 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 7.21% | 5.79% | 2.27% | 2.22% | 1.60% | 1.89% | 1.27% | 1.18% | 1.57% | 2.42% |
According to undefined Wall Street analysts, Udemy's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to UDMY previous annual EPS of $NaN (undefined).
Udemy Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| COUR | Coursera | $8.39 | $16.50 | 96.66% | Buy |
| CHGG | Chegg | $1.58 | $3.06 | 93.67% | Hold |
| TAL | TAL Education Group | $9.77 | $13.40 | 37.15% | Buy |
| UDMY | Udemy | $8.06 | $10.63 | 31.89% | Buy |
| EDU | New Oriental Education & Technology Group | $63.20 | $83.00 | 31.33% | Buy |
| GOTU | Gaotu Techedu | $2.24 | $2.94 | 31.25% | Buy |
| STRA | Strategic Education | $92.81 | $115.00 | 23.91% | Buy |
| PRDO | Perdoceo Education | $26.31 | $30.00 | 14.03% | |
| LOPE | Grand Canyon Education | $163.76 | $166.00 | 1.37% | Buy |
| ATGE | Adtalem Global Education | $90.87 | $89.67 | -1.32% | Buy |
| LINC | Lincoln Educational Services | $15.42 | $14.67 | -4.86% | Buy |
| DAO | Youdao | $6.90 | $6.50 | -5.80% | Buy |
| LRN | Stride | $104.97 | $92.67 | -11.72% | Buy |
| APEI | American Public Education | $21.48 | $15.50 | -27.84% | Buy |