Coursera, Inc. (NYSE:COUR – Free Report) – Cantor Fitzgerald issued their FY2025 EPS estimates for Coursera in a research note issued to investors on Tuesday, January 21st. Cantor Fitzgerald analyst Y. Lee forecasts that the company will post earnings per share of ($0.50) for the year. Cantor Fitzgerald currently has a “Overweight” rating and a $10.00 price objective on the stock. The consensus estimate for Coursera’s current full-year earnings is ($0.38) per share.
A number of other analysts have also weighed in on COUR. Needham & Company LLC cut their price objective on Coursera from $15.00 to $11.00 and set a “buy” rating on the stock in a research report on Friday, October 25th. Royal Bank of Canada cut their price target on Coursera from $18.00 to $10.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. Telsey Advisory Group reiterated an “outperform” rating and issued a $18.00 price objective on shares of Coursera in a research note on Monday, October 21st. KeyCorp cut their target price on shares of Coursera from $12.00 to $11.00 and set an “overweight” rating on the stock in a research note on Friday, October 25th. Finally, Scotiabank started coverage on shares of Coursera in a research note on Thursday, December 5th. They issued a “sector perform” rating and a $9.00 price target for the company. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Coursera currently has a consensus rating of “Moderate Buy” and an average target price of $10.52.
Coursera Trading Up 3.3 %
COUR opened at $8.56 on Thursday. The firm has a market cap of $1.36 billion, a price-to-earnings ratio of -16.78 and a beta of 1.44. The stock’s 50-day moving average price is $8.23 and its 200 day moving average price is $7.92. Coursera has a 12-month low of $6.29 and a 12-month high of $20.73.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of the business. The Manufacturers Life Insurance Company boosted its stake in shares of Coursera by 1.8% during the second quarter. The Manufacturers Life Insurance Company now owns 70,457 shares of the company’s stock worth $504,000 after buying an additional 1,276 shares during the period. Pitcairn Co. lifted its position in Coursera by 16.9% during the 3rd quarter. Pitcairn Co. now owns 13,655 shares of the company’s stock worth $108,000 after acquiring an additional 1,971 shares during the period. FMR LLC grew its stake in shares of Coursera by 67.6% in the 3rd quarter. FMR LLC now owns 6,574 shares of the company’s stock valued at $52,000 after purchasing an additional 2,651 shares during the last quarter. Harbor Capital Advisors Inc. grew its stake in shares of Coursera by 11.2% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 26,424 shares of the company’s stock valued at $210,000 after purchasing an additional 2,658 shares during the last quarter. Finally, CWM LLC increased its holdings in shares of Coursera by 82.3% in the third quarter. CWM LLC now owns 7,128 shares of the company’s stock valued at $57,000 after purchasing an additional 3,217 shares during the period. 89.55% of the stock is owned by hedge funds and other institutional investors.
Insider Activity
In related news, SVP Alan B. Cardenas sold 6,102 shares of the company’s stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $6.83, for a total value 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 $1,325,580.06. This represents a 3.05 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 16.30% of the company’s stock.
About Coursera
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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