Coursera, Inc. (NYSE:COUR – Free Report) – Equities researchers at Cantor Fitzgerald issued their FY2025 earnings estimates for Coursera in a report issued on Tuesday, January 21st. Cantor Fitzgerald analyst Y. Lee forecasts that the company will earn ($0.50) per share for the year. Cantor Fitzgerald currently has a “Overweight” rating and a $10.00 target price on the stock. The consensus estimate for Coursera’s current full-year earnings is ($0.38) per share.
COUR has been the topic of several other reports. BMO Capital Markets reduced their target price on Coursera from $10.00 to $9.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. KeyCorp decreased their price objective on shares of Coursera from $12.00 to $11.00 and set an “overweight” rating for the company in a research report on Friday, October 25th. Scotiabank assumed coverage on shares of Coursera in a report on Thursday, December 5th. They issued a “sector perform” rating and a $9.00 target price on the stock. JPMorgan Chase & Co. assumed coverage on Coursera in a report on Monday, November 25th. They set a “neutral” rating and a $8.00 price target for the company. Finally, Needham & Company LLC cut their target price on Coursera from $15.00 to $11.00 and set a “buy” rating on the stock in a research report on Friday, October 25th. One research analyst has rated the stock with a sell rating, three have given a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $10.52.
Coursera Stock Down 2.1 %
COUR stock opened at $8.27 on Thursday. The company has a fifty day moving average price of $8.20 and a 200-day moving average price of $7.92. Coursera has a 52-week low of $6.29 and a 52-week high of $20.73.
Institutional Investors Weigh In On Coursera
Institutional investors have recently bought and sold shares of the stock. Millennium Management LLC grew its holdings in shares of Coursera by 67.0% in the second quarter. Millennium Management LLC now owns 2,800,912 shares of the company’s stock valued at $20,055,000 after acquiring an additional 1,123,397 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Coursera by 61.6% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,647,619 shares of the company’s stock worth $13,082,000 after purchasing an additional 628,140 shares during the period. Senvest Management LLC boosted its holdings in Coursera by 994.7% in the 3rd quarter. Senvest Management LLC now owns 642,806 shares of the company’s stock worth $5,104,000 after buying an additional 584,085 shares during the period. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Coursera during the 3rd quarter valued at $3,090,000. Finally, Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in shares of Coursera in the second quarter worth about $2,545,000. Institutional investors own 89.55% of the company’s stock.
Insider Activity at Coursera
In other Coursera news, SVP Alan B. Cardenas sold 6,102 shares of the business’s stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $6.83, for a total transaction of $41,676.66. Following the completion of the sale, the senior vice president now directly owns 194,082 shares of the company’s stock, valued at approximately $1,325,580.06. The trade was a 3.05 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 16.30% of the stock is currently owned by insiders.
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.
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