Udemy Inc [UDMY] stock prices are down -1.28% to $7.70 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The UDMY shares have gain 3.49% over the last week, with a monthly amount drifted -5.29%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Udemy Inc [NASDAQ: UDMY] stock has seen the most recent analyst activity on December 05, 2024, when Scotiabank initiated its Sector Outperform rating and assigned the stock a price target of $10. Previously, Morgan Stanley downgraded its rating to Underweight on September 27, 2024, and dropped its price target to $7.50. On August 08, 2024, Canaccord Genuity initiated with a Buy rating and assigned a price target of $12 on the stock. BofA Securities downgraded its rating to a Neutral but stick to its price target of $8.50 on August 01, 2024. Piper Sandler downgraded its rating to Neutral for this stock on July 18, 2022, and downed its price target to $11. In a note dated March 30, 2022, Cantor Fitzgerald initiated an Overweight rating and provided a target price of $22 on this stock.
The stock price of Udemy Inc [UDMY] has been fluctuating between $6.67 and $14.74 over the past year. Currently, Wall Street analysts expect the stock to reach $9.83 within the next 12 months. Udemy Inc [NASDAQ: UDMY] shares were valued at $7.70 at the most recent close of the market. An investor can expect a potential return of 27.66% based on the average UDMY price forecast.
Analyzing the UDMY fundamentals
The Udemy Inc [NASDAQ:UDMY] reported sales of 776.17M for trailing twelve months, representing a surge of 5.79%. Gross Profit Margin for this corporation currently stands at 0.61% with Operating Profit Margin at -0.13%, Pretax Profit Margin comes in at -0.12%, and Net Profit Margin reading is -0.12%. To continue investigating profitability, this company’s Return on Assets is posted at -0.16, Equity is -0.35 and Total Capital is -0.5. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.06.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 7.55 points at the first support level, and at 7.41 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.84, and for the 2nd resistance point, it is at 7.99.
Ratios To Look Out For
It’s worth pointing out that Udemy Inc [NASDAQ:UDMY]’s Current Ratio is 1.15. As well, the Quick Ratio is 1.15, while the Cash Ratio is 0.51. Considering the valuation of this stock, the price to sales ratio is 1.45, the price to book ratio is 5.76.
Transactions by insiders
Recent insider trading involved NASPERS LTD, 10% Owner, that happened on Jan 21 ’25 when 3.2 million shares were sold. President and CEO, Brown Gregory Scott completed a deal on Dec 06 ’24 to sell 10000.0 shares. Meanwhile, Director GREGORY S BROWN bought 10000.0 shares on Dec 06 ’24.
