Coursera (COUR) Stock Forecast & Price Target

Coursera is supported by a powerful multi-segment model, with Consumer driving scale and brand awareness while Enterprise and higher education deepen recurring demand and lower customer acquisition costs. Its 1Q26 results showed 9.1% revenue growth to $195.7 million, 56.6% gross margin, and $13.5 million of adjusted EBITDA, while $789.8 million of cash and no debt provide flexibility. The Udemy combination strengthens the outlook through faster-than-expected $115 million-plus synergy capture, higher margin expansion toward ~13% in FY26, and a broader, more defensible learning platform with cross-sell opportunities across a largely non-overlapping customer base.

Coursera is exposed to a crowded competitive set, including 2U, Udacity, edX, LinkedIn Learning, and Pluralsight, which can pressure customer growth, retention, and pricing across its Consumer and Enterprise businesses. Its reliance on universities and corporate partners for most content means any slowdown in partner creation or availability would weaken the platform’s value proposition and create revenue headwinds, while privacy regulation could raise CAC by limiting data-driven personalization and paid-content targeting. Added concerns around OPM revenue-share regulation, international risk, the company’s PBC/b-corp structure, and potential integration issues from the Udemy acquisition further cloud the sustainability of growth.