Udemy (UDMY) Expected to Announce Quarterly Earnings on Wednesday

Udemy (NASDAQ:UDMY) is expected to be announcing its Q1 2025 earnings results after the market closes on Wednesday, April 30th. Analysts expect the company to announce earnings of $0.10 per share and revenue of $197.19 million for the quarter. Udemy has set its FY 2025 guidance at EPS and its Q1 2025 guidance at EPS.

Udemy (NASDAQ:UDMY) last issued its quarterly earnings results on Thursday, February 13th. The company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.10). The business had revenue of $199.94 million for the quarter, compared to the consensus estimate of $194.70 million. Udemy had a negative net margin of 10.84% and a negative return on equity of 27.93%. On average, analysts expect Udemy to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Udemy Stock Performance

UDMY stock opened at $6.96 on Monday. Udemy has a one year low of $5.68 and a one year high of $11.60. The company has a market capitalization of $1.03 billion, a PE ratio of -12.21 and a beta of 1.81. The company’s 50 day moving average price is $7.94 and its two-hundred day moving average price is $8.08.

Wall Street Analyst Weigh In

Several research firms have issued reports on UDMY. Morgan Stanley cut their price target on shares of Udemy from $9.00 to $7.00 and set an “underweight” rating for the company in a research report on Wednesday, April 16th. JPMorgan Chase & Co. reduced their price target on Udemy from $11.00 to $8.00 and set a “neutral” rating on the stock in a research report on Thursday. Canaccord Genuity Group boosted their price objective on Udemy from $12.00 to $14.00 and gave the company a “buy” rating in a research report on Friday, February 14th. Truist Financial restated a “hold” rating and issued a $7.00 target price (down previously from $10.00) on shares of Udemy in a report on Monday, April 7th. Finally, William Blair cut shares of Udemy from an “outperform” rating to a “market perform” rating in a research report on Wednesday, March 12th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat.com, Udemy has an average rating of “Hold” and a consensus target price of $10.29.

Insiders Place Their Bets

In other Udemy news, CTO Eren Bali sold 10,000 shares of Udemy stock in a transaction on Friday, March 14th. The shares were sold at an average price of $8.02, for a total value of $80,200.00. Following the sale, the chief technology officer now directly owns 2,146,050 shares in the company, valued at approximately $17,211,321. The trade was a 0.46 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Heather Hiles sold 14,840 shares of Udemy stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $9.81, for a total value of $145,580.40. Following the completion of the sale, the director now directly owns 42,667 shares in the company, valued at $418,563.27. This trade represents a 25.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 105,168 shares of company stock worth $952,186 over the last three months. 3.20% of the stock is currently owned by company insiders.

Udemy Company Profile

Udemy, Inc, a learning company, that operates a marketplace platform for learning skills in the United States and internationally. The company offers skill acquisition, development, and validation courses for organizations and individuals, through direct-to-consumer or Udemy Business offerings in various languages.