Udemy (UDMY) Stock Forecast, Price Target & Predictions
UDMY Stock Forecast
Udemy stock forecast is as follows: an average price target of $16.71 (represents a 107.06% upside from UDMY’s last price of $8.07) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.
UDMY Price Target
The average price target for Udemy (UDMY) is $16.71 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $25.00 to $11.00. This represents a potential 107.06% upside from UDMY's last price of $8.07.
UDMY Analyst Ratings
According to 4 Wall Street analysts, Udemy's rating consensus is 'Buy'. The analyst rating breakdown for UDMY stock is 0 'Strong Buy' (0.00%), 3 'Buy' (75.00%), 1 'Hold' (25.00%), 0 'Sell' (0.00%), 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 |
|---|---|---|---|---|---|---|
| Aug 01, 2024 | Rob Oliver | Robert W. Baird | $11.00 | $9.24 | 19.05% | 36.31% |
| Jul 22, 2024 | Jason Celino | KeyBanc | $13.00 | $8.55 | 52.05% | 61.09% |
| May 03, 2024 | Rob Oliver | Robert W. Baird | $13.00 | $9.89 | 31.45% | 61.09% |
| May 03, 2024 | Jason Celino | KeyBanc | $14.00 | $9.91 | 41.27% | 73.48% |
| Apr 29, 2024 | Brent Thill | Jefferies | $11.00 | $10.18 | 8.06% | 36.31% |
| Jun 02, 2023 | Ryan MacDonald | Needham | $16.00 | $10.68 | 49.81% | 98.27% |
| Jun 06, 2022 | Brent Thill | Jefferies | $15.00 | $13.90 | 7.91% | 85.87% |
| May 05, 2022 | Josh Baer | Morgan Stanley | $17.00 | $10.12 | 67.98% | 110.66% |
| Mar 18, 2022 | Terry Tillman | Truist Financial | $25.00 | $13.28 | 88.25% | 209.79% |
| Jan 17, 2022 | Arvind Ramnani | Piper Sandler | $24.00 | $15.34 | 56.45% | 197.40% |
The latest Udemy stock forecast, released on Aug 01, 2024 by Rob Oliver from Robert W. Baird, set a price target of $11.00, which represents a 19.05% increase from the stock price at the time of the forecast ($9.24), and a 36.31% increase from UDMY last price ($8.07).
Udemy Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 5 |
| Avg Price Target | - | $12.00 | $12.40 |
| Last Closing Price | $8.07 | $8.07 | $8.07 |
| Upside/Downside | -100.00% | 48.70% | 53.66% |
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 $8.07. 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 |
|---|---|---|---|---|
| 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 | Needham | Buy | Buy | Hold |
| Feb 15, 2023 | KeyBanc | Overweight | Overweight | Hold |
| Aug 04, 2022 | Piper Sandler | Neutral | Neutral | Hold |
| Jun 06, 2022 | Jefferies | Hold | Hold | Hold |
Udemy's last stock rating was published by KeyBanc on Jul 22, 2024. The company gave UDMY a "Overweight" rating, the same as its previous rate.
Udemy Financial Forecast
Udemy Revenue Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $189.54M | $184.72M | $178.24M | $176.43M | $165.33M | $158.43M | - | $152.22M | $137.95M | $129.56M |
| Avg Forecast | $218.17M | $211.72M | $209.83M | $209.20M | $195.83M | $192.73M | $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 | $219.24M | $212.76M | $210.86M | $210.24M | $196.80M | $193.01M | $195.16M | $195.87M | $187.23M | $179.36M | $173.97M | $171.77M | $166.52M | $156.78M | $149.96M | $150.01M | $135.58M | $128.87M |
| Low Forecast | $216.98M | $210.56M | $208.68M | $208.06M | $194.76M | $192.26M | $193.15M | $193.85M | $185.32M | $177.53M | $172.17M | $170.00M | $164.80M | $155.16M | $149.96M | $144.42M | $130.52M | $124.06M |
| # Analysts | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 7 | 10 | 9 | 9 | 8 | 8 | 4 | 3 | 6 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | 1.02% | 1.04% | 1.03% | 1.03% | 1.00% | 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 $193.85M, and a high forecast of $195.87M. 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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 7 | 10 | 9 | 9 | 8 | 8 | 4 | 3 | 6 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | $-19.14M | $-21.50M | $-27.46M | $-21.23M | $-54.10M | $-37.84M | - | $-20.35M | $-32.88M | $-5.80M |
| Avg Forecast | $-34.98M | $-33.94M | $-33.64M | $-33.54M | $-31.39M | $-30.90M | $-31.13M | $-31.25M | $-29.82M | $-28.58M | $-27.75M | $-27.40M | $-26.56M | $-25.01M | $-24.04M | $-32.23M | $-24.66M | $-20.18M |
| High Forecast | $-34.78M | $-33.76M | $-33.45M | $-33.36M | $-31.22M | $-30.82M | $-30.96M | $-31.08M | $-29.71M | $-28.46M | $-27.60M | $-27.25M | $-26.42M | $-24.87M | $-24.04M | $-25.79M | $-19.73M | $-19.89M |
| Low Forecast | $-35.15M | $-34.11M | $-33.80M | $-33.70M | $-31.55M | $-30.94M | $-31.29M | $-31.40M | $-30.02M | $-28.75M | $-27.89M | $-27.54M | $-26.70M | $-25.13M | $-24.04M | $-38.68M | $-29.59M | $-20.66M |
| Surprise % | - | - | - | - | - | - | - | - | 0.64% | 0.75% | 0.99% | 0.77% | 2.04% | 1.51% | - | 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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 7 | 10 | 9 | 9 | 8 | 8 | 4 | 3 | 6 | 4 |
| Net Income | - | - | - | - | - | - | - | - | $-20.25M | $-16.77M | $-25.73M | $-44.54M | $-52.15M | $-46.69M | - | $-25.65M | $-38.88M | $-9.26M |
| Avg Forecast | $14.53M | $13.39M | $10.99M | $9.72M | $3.56M | $1.80M | $-1.65M | $-1.71M | $-2.76M | $-2.91M | $-11.48M | $-21.34M | $-34.51M | $-26.78M | $-25.80M | $-32.98M | $-29.16M | $-4.32M |
| High Forecast | $14.63M | $13.47M | $11.06M | $9.78M | $3.59M | $5.39M | $-1.64M | $-1.70M | $-2.74M | $-2.89M | $-11.39M | $-21.19M | $-34.27M | $-26.59M | $-25.80M | $-26.38M | $-23.33M | $-4.24M |
| Low Forecast | $14.43M | $13.29M | $10.91M | $9.65M | $3.54M | $-3.59M | $-1.66M | $-1.72M | $-2.78M | $-2.93M | $-11.55M | $-21.47M | $-34.74M | $-26.95M | $-25.80M | $-39.57M | $-35.00M | $-4.45M |
| Surprise % | - | - | - | - | - | - | - | - | 7.34% | 5.77% | 2.24% | 2.09% | 1.51% | 1.74% | - | 0.78% | 1.33% | 2.14% |
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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 7 | 10 | 9 | 9 | 8 | 8 | 4 | 3 | 6 | 4 |
| SG&A | - | - | - | - | - | - | - | - | $105.78M | $98.65M | $99.99M | $105.99M | $115.47M | $104.54M | - | $88.53M | $93.07M | $64.42M |
| Avg Forecast | $127.81M | $124.03M | $122.92M | $122.56M | $114.72M | $112.91M | $113.77M | $114.19M | $108.99M | $104.43M | $101.42M | $100.14M | $97.08M | $91.40M | $87.85M | $113.83M | $69.80M | $73.75M |
| High Forecast | $128.44M | $124.64M | $123.53M | $123.16M | $115.29M | $113.07M | $114.33M | $114.75M | $109.69M | $105.08M | $101.92M | $100.63M | $97.56M | $91.85M | $87.85M | $136.59M | $83.76M | $75.50M |
| Low Forecast | $127.11M | $123.36M | $122.25M | $121.89M | $114.10M | $112.63M | $113.15M | $113.56M | $108.57M | $104.00M | $100.86M | $99.59M | $96.55M | $90.90M | $87.85M | $91.06M | $55.84M | $72.68M |
| Surprise % | - | - | - | - | - | - | - | - | 0.97% | 0.94% | 0.99% | 1.06% | 1.19% | 1.14% | - | 0.78% | 1.33% | 0.87% |
Udemy's average Quarter SG&A projection for Mar 24 is $114.19M, based on 4 Wall Street analysts, with a range of $113.56M to $114.75M. The forecast indicates a 7.95% rise compared to UDMY last annual SG&A of $105.78M (Dec 23).
Udemy EPS Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 7 | 10 | 9 | 9 | 8 | 8 | 4 | 3 | 6 | 4 |
| EPS | - | - | - | - | - | - | - | - | $-0.13 | $-0.11 | $-0.17 | $-0.31 | $-0.36 | $-0.33 | - | $-0.18 | $-0.36 | $-0.07 |
| Avg Forecast | $0.10 | $0.09 | $0.07 | $0.06 | $0.02 | $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 | $0.09 | $0.07 | $0.06 | $0.02 | $0.04 | $-0.01 | $-0.01 | $-0.02 | $-0.02 | $-0.07 | $-0.14 | $-0.22 | $-0.17 | $-0.16 | $-0.15 | $-0.23 | $-0.03 |
| Low Forecast | $0.09 | $0.09 | $0.07 | $0.06 | $0.02 | $-0.02 | $-0.01 | $-0.01 | $-0.02 | $-0.02 | $-0.08 | $-0.14 | $-0.23 | $-0.18 | $-0.16 | $-0.16 | $-0.24 | $-0.03 |
| Surprise % | - | - | - | - | - | - | - | - | 7.21% | 5.79% | 2.27% | 2.22% | 1.60% | 1.89% | - | 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 |
|---|---|---|---|---|---|
| CHGG | Chegg | $1.84 | $31.88 | 1632.61% | Hold |
| TWOU | 2U | $1.58 | $15.36 | 872.15% | Hold |
| TAL | TAL Education Group | $7.43 | $21.83 | 193.81% | Buy |
| COUR | Coursera | $7.91 | $19.17 | 142.35% | Buy |
| DAO | Youdao | $3.05 | $6.50 | 113.11% | Buy |
| UDMY | Udemy | $8.07 | $16.71 | 107.06% | Buy |
| STRA | Strategic Education | $94.13 | $127.50 | 35.45% | Buy |
| PRDO | Perdoceo Education | $22.17 | $30.00 | 35.32% | - |
| LINC | Lincoln Educational Services | $12.41 | $14.67 | 18.21% | Buy |
| LOPE | Grand Canyon Education | $143.13 | $166.00 | 15.98% | Buy |
| GOTU | Gaotu Techedu | $2.69 | $2.94 | 9.29% | Buy |
| EDU | New Oriental Education & Technology Group | $59.67 | $62.70 | 5.08% | Buy |
| APEI | American Public Education | $15.67 | $15.50 | -1.08% | Buy |
| LRN | Stride | $82.51 | $66.75 | -19.10% | Buy |
| ATGE | Adtalem Global Education | $72.86 | $49.80 | -31.65% | Buy |
UDMY Forecast FAQ
Is Udemy a good buy?
Yes, according to 4 Wall Street analysts, Udemy (UDMY) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 75.00% of UDMY's total ratings.
What is UDMY's price target?
Udemy (UDMY) average price target is $16.71 with a range of $11 to $25, implying a 107.06% from its last price of $8.07. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Udemy stock go up soon?
According to Wall Street analysts' prediction for UDMY stock, the company can go up by 107.06% (from the last price of $8.07 to the average price target of $16.71), up by 209.79% based on the highest stock price target, and up by 36.31% based on the lowest stock price target.
Can Udemy stock reach $12?
UDMY's average twelve months analyst stock price target of $16.71 supports the claim that Udemy can reach $12 in the near future.
What are Udemy's analysts' financial forecasts?
Udemy's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $777.67M (high $780.84M, low $774.01M), average EBITDA is $-125M (high $-124M, low $-125M), average net income is $2M (high $5.64M, low $-3.435M), average SG&A $455.59M (high $457.44M, low $453.44M), and average EPS is $0.0131 (high $0.0369, low $-0.0224). UDMY's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $848.92M (high $853.1M, low $844.29M), average EBITDA is $-136M (high $-135M, low $-137M), average net income is $48.63M (high $48.94M, low $48.28M), average SG&A $497.33M (high $499.78M, low $494.62M), and average EPS is $0.318 (high $0.32, low $0.316).
Did the UDMY's actual financial results beat the analysts' financial forecasts?
Based on Udemy's last annual report (Dec 2023), the company's revenue was $728.94M, beating the average analysts forecast of $708.34M by 2.91%. Apple's EBITDA was $-87.044M, missing the average prediction of $-114M by -23.35%. The company's net income was $-107M, beating the average estimation of $-38.478M by 178.84%. Apple's SG&A was $409.43M, missing the average forecast of $414.97M by -1.34%. Lastly, the company's EPS was $-0.71, beating the average prediction of $-0.252 by 182.29%. In terms of the last quarterly report (Dec 2023), Udemy's revenue was $189.54M, beating the average analysts' forecast of $186.04M by 1.89%. The company's EBITDA was $-19.141M, missing the average prediction of $-29.824M by -35.82%. Udemy's net income was $-20.248M, beating the average estimation of $-2.759M by 633.85%. The company's SG&A was $105.78M, missing the average forecast of $108.99M by -2.95%. Lastly, the company's EPS was $-0.13, beating the average prediction of $-0.018 by 620.82%