Shares of Coursera, Inc. (NYSE:COUR – Get Free Report) have earned a consensus recommendation of “Moderate Buy” from the twelve analysts that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating, eight have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $14.73.
A number of equities research analysts recently issued reports on the company. The Goldman Sachs Group dropped their target price on Coursera from $10.50 to $9.00 and set a “sell” rating on the stock in a research report on Friday, July 26th. Royal Bank of Canada reiterated an “outperform” rating and issued a $18.00 price objective on shares of Coursera in a report on Friday, July 26th. BMO Capital Markets increased their target price on shares of Coursera from $10.00 to $11.00 and gave the stock an “outperform” rating in a report on Friday, July 26th. KeyCorp lowered their price target on shares of Coursera from $14.00 to $12.00 and set an “overweight” rating on the stock in a research note on Monday, July 22nd. Finally, Cantor Fitzgerald raised shares of Coursera to a “strong-buy” rating in a research report on Tuesday, August 13th.
View Our Latest Stock Analysis on Coursera
Insider Buying and Selling
Hedge Funds Weigh In On Coursera
A number of large investors have recently made changes to their positions in the company. Natixis bought a new stake in Coursera in the 1st quarter valued at $35,000. CWM LLC increased its position in Coursera by 7,568.6% during the 2nd quarter. CWM LLC now owns 3,911 shares of the company’s stock worth $28,000 after buying an additional 3,860 shares during the period. Covestor Ltd lifted its holdings in shares of Coursera by 72.9% during the first quarter. Covestor Ltd now owns 4,378 shares of the company’s stock worth $61,000 after buying an additional 1,846 shares in the last quarter. nVerses Capital LLC boosted its position in shares of Coursera by 26.1% in the second quarter. nVerses Capital LLC now owns 8,700 shares of the company’s stock valued at $62,000 after acquiring an additional 1,800 shares during the period. Finally, LGT Group Foundation acquired a new position in shares of Coursera in the second quarter valued at about $73,000. Institutional investors own 89.55% of the company’s stock.
Coursera Stock Up 2.2 %
Coursera stock opened at $7.97 on Friday. The company has a 50 day moving average of $8.08 and a 200-day moving average of $9.25. Coursera has a twelve month low of $6.35 and a twelve month high of $21.26. The stock has a market capitalization of $1.25 billion, a PE ratio of -11.55 and a beta of 1.42.
Coursera (NYSE:COUR – Get Free Report) last announced its earnings results on Thursday, July 25th. The company reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates of $0.01 by $0.08. Coursera had a negative net margin of 14.35% and a negative return on equity of 13.92%. The firm had revenue of $170.30 million during the quarter, compared to analyst estimates of $164.67 million. During the same period in the prior year, the business earned ($0.20) EPS. The company’s revenue for the quarter was up 10.8% compared to the same quarter last year. Equities analysts anticipate that Coursera will post -0.44 EPS for the current fiscal year.
Coursera Company Profile
Coursera, Inc operates an online educational content platform in the United States, Europe, Africa, the Asia Pacific, the Middle East, and internationally. It operates in three segments: Consumer, Enterprise, and Degrees. The company offers guided projects, courses, and specializations, as well as online degrees; and certificates for entry-level professional, non-entry level professional, university, and MasterTrack.
Read More
- Five stocks we like better than Coursera
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- Rocket Lab Stock Soars: Should Investors Chase the Rally?
- Canadian Penny Stocks: Can They Make You Rich?
- KB Home Slips After Earnings: What’s Next for Homebuilders?
- Dividend Screener: How to Evaluate Dividend Stocks Before Buying
- Micron Stock Soars as AI Demand Fuels Big Q4 Earnings Beat
Receive News & Ratings for Coursera Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Coursera and related companies with MarketBeat.com's FREE daily email newsletter.