Coursera, Inc. (NYSE:COUR – Free Report) – Equities researchers at Cantor Fitzgerald lifted their FY2025 earnings per share (EPS) estimates for shares of Coursera in a research report issued to clients and investors on Monday, February 3rd. Cantor Fitzgerald analyst Y. Lee now forecasts that the company will post earnings per share of ($0.35) for the year, up from their prior forecast of ($0.50). 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 ($0.35) per share.
A number of other equities research analysts have also recently issued reports on the stock. Scotiabank initiated coverage on shares of Coursera in a research report on Thursday, December 5th. They set a “sector perform” rating and a $9.00 target price for the company. Telsey Advisory Group reiterated an “outperform” rating and issued a $15.00 target price on shares of Coursera in a research note on Tuesday, January 28th. KeyCorp cut their target price on shares of Coursera from $12.00 to $11.00 and set an “overweight” rating for the company in a research note on Friday, October 25th. BMO Capital Markets decreased their price target on Coursera from $10.00 to $9.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. Finally, UBS Group lifted their price objective on Coursera from $7.50 to $8.50 and gave the company a “neutral” rating in a research report on Friday, January 31st. One analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $10.13.
Coursera Stock Down 3.2 %
Shares of COUR opened at $7.69 on Wednesday. The stock’s 50-day moving average price is $8.46 and its 200 day moving average price is $8.01. The firm has a market capitalization of $1.22 billion, a price-to-earnings ratio of -14.78 and a beta of 1.42. Coursera has a 12-month low of $6.29 and a 12-month high of $18.25.
Insider Buying and Selling at Coursera
In other news, SVP Alan B. Cardenas sold 6,102 shares of the firm’s stock in a transaction on 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 transaction, the senior vice president now directly owns 194,082 shares of the company’s stock, valued at $1,325,580.06. This trade represents a 3.05 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 15.90% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Coursera by 61.6% in the 3rd 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 lifted its position in Coursera by 994.7% in the third quarter. Senvest Management LLC now owns 642,806 shares of the company’s stock valued at $5,104,000 after purchasing an additional 584,085 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. bought a new stake in Coursera in the third quarter valued at approximately $3,090,000. Arthedge Capital Management LLC increased its stake in shares of Coursera by 105.8% in the third quarter. Arthedge Capital Management LLC now owns 625,980 shares of the company’s stock worth $4,970,000 after buying an additional 321,830 shares during the period. Finally, Franklin Resources Inc. purchased a new stake in Coursera during the 3rd quarter valued at $1,651,000. Hedge funds and other institutional investors own 89.55% of the company’s stock.
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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