
Udemy (UDMY) Stock Forecast & Price Target
Udemy (UDMY) Analyst Ratings
Bulls say
Udemy Inc. demonstrated robust performance in its Enterprise segment, with revenue growth of 5.0% year-over-year, reaching $132.8 million, thereby accounting for 67.9% of total revenues. The Consumer segment also showed promising trends, with gross margins expanding by 300 basis points year-over-year to 57.0%, propelled by an 8% growth in the consumer subscription business, which signifies a healthy shift in revenue composition. Additionally, Udemy reported adjusted EBITDA of $24.3 million, exceeding expectations and reflecting strong operational efficiency and revenue performance.
Bears say
Udemy Inc. has experienced a notable decline in consumer revenues, with a 9.2% year-over-year decrease in the third quarter, reflecting challenges in stabilizing this segment amidst a transition to a subscription-based model. The company's guidance for fourth-quarter revenues indicates a decrease of 3-5% year-over-year, which falls short of consensus expectations and signals potential headwinds in enterprise growth due to slowed new deal conversions. Additionally, the lowering of future profitability estimates suggests concerns about sustained revenue growth and the impact of planned product investments, contributing to a negative outlook on Udemy's stock.
This aggregate rating is based on analysts' research of Udemy and is not a guaranteed prediction by Public.com or investment advice.
Udemy (UDMY) Analyst Forecast & Price Prediction
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