Coursera (NYSE:COUR) Stock Rating Cut to Neutral at JPMorgan Chase & Co.

Coursera (NYSE:COUR – Get Free Report) was downgraded by research analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a research note issued to investors on Friday, Marketbeat.com reports. They currently have a $5.00 price target on the stock. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 7.74% from the stock’s previous close.

Other equities research analysts have also issued research reports about the company. Needham & Company LLC dropped their price target on Coursera from $10.00 to $6.00 and set a “buy” rating for the company in a research note on Friday. BMO Capital Markets reduced their price objective on Coursera from $8.00 to $6.00 and set an “outperform” rating on the stock in a research report on Monday, October 5th. Weiss Ratings lowered Coursera from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Wednesday, October 14th. Wall Street Zen raised Coursera from a “hold” rating to a “buy” rating in a report on Saturday, September 19th. Finally, Zacks Research downgraded Coursera from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 24th. Five equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $6.90.

Get Our Latest Analysis on COUR

Coursera Stock Performance

Coursera stock opened at $4.64 on Friday. The firm’s fifty day moving average price is $5.32 and its 200-day moving average price is $5.71. The stock has a market cap of $1.23 billion, a P/E ratio of -6.93, a price-to-earnings-growth ratio of 0.49 and a beta of 1.24. Coursera has a fifty-two week low of $4.53 and a fifty-two week high of $8.89.

Coursera (NYSE:COUR – Get Free Report) last posted its quarterly earnings data on Thursday, October 29th. The company reported $0.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.03. The company had revenue of $376.70 million during the quarter, compared to the consensus estimate of $368.52 million. Coursera had a negative net margin of 15.39% and a negative return on equity of 1.72%. The firm’s revenue was up 94.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.10 EPS. On average, analysts predict that Coursera will post 0.20 earnings per share for the current year.

Insider Activity at Coursera

In other Coursera news, CEO Gregory Hart sold 10,308 shares of Coursera stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $5.11, for a total value of $52,673.88. Following the transaction, the chief executive officer directly owned 1,539,003 shares of the company’s stock, valued at $7,864,305.33. The trade was a 0.67% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Alan Cardenas sold 9,139 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $5.71, for a total value of $52,183.69. Following the completion of the sale, the senior vice president owned 236,237 shares of the company’s stock, valued at $1,348,913.27. The trade was a 3.72% decrease in their position. The SEC filing for this sale provides additional information. 16.30% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Coursera

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in COUR. Pinnacle Wealth Planning Services Inc. raised its position in Coursera by 440.6% during the 3rd quarter. Pinnacle Wealth Planning Services Inc. now owns 28,220 shares of the company’s stock valued at $140,000 after purchasing an additional 23,000 shares during the last quarter. Total Clarity Wealth Management Inc. purchased a new position in shares of Coursera during the third quarter valued at approximately $178,000. Inspire Investing LLC increased its stake in shares of Coursera by 5.1% during the third quarter. Inspire Investing LLC now owns 126,131 shares of the company’s stock valued at $626,000 after buying an additional 6,099 shares during the period. SBI Securities Co. Ltd. raised its holdings in shares of Coursera by 28.4% during the third quarter. SBI Securities Co. Ltd. now owns 15,532 shares of the company’s stock valued at $77,000 after acquiring an additional 3,435 shares in the last quarter. Finally, Counterpoint Mutual Funds LLC bought a new position in shares of Coursera during the third quarter valued at approximately $551,000. 89.55% of the stock is currently owned by institutional investors.

Key Coursera News

Here are the key news stories impacting Coursera this week:

  • Positive Sentiment: Coursera reported third-quarter adjusted earnings of $0.21 per share, above analyst estimates ranging from $0.18 to $0.19 and more than double the $0.10 reported a year earlier. Revenue of $376.7 million also exceeded the roughly $368.5 million consensus estimate. Coursera Q3 earnings and revenue beat estimates
  • Positive Sentiment: Management expects the integration program to deliver more than $150 million in gross cost savings by year-end. Investors are also encouraged by reported margin expansion and synergy momentum, which could improve profitability over time. Coursera Q3 earnings call highlights
  • Neutral Sentiment: Third-quarter revenue increased sharply year over year, while the company continued to report a negative net margin and negative return on equity. This indicates strong top-line growth but ongoing profitability challenges. Coursera third-quarter financial results
  • Negative Sentiment: Coursera guided for fourth-quarter revenue of $358 million to $366 million, below its third-quarter result of $376.7 million. The sequential revenue decline raised concerns about near-term growth and overshadowed the earnings and revenue beats, contributing to the stock’s decline. Coursera Q4 revenue outlook and cost savings

Coursera Company Profile

(Get Free Report)

Coursera, Inc is an online learning platform that provides access to courses, professional certificates, guided projects, and degree programs. The company works with universities, colleges, and industry partners to offer content in areas such as business, technology, data science, computer science, and personal development.

Coursera serves individual learners, businesses, governments, and academic institutions in countries around the world. Its enterprise and government offerings support employee training, workforce development, and large-scale education initiatives, while its consumer platform allows learners to enroll in individual courses or broader credential and degree programs.

Coursera was founded in 2012 by computer-science professors Andrew Ng and Daphne Koller.

Further Reading

Analyst Recommendations for Coursera (NYSE:COUR)

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.