
Udemy (UDMY) Stock Forecast & Price Target
Udemy (UDMY) Analyst Ratings
Bulls say
Udemy Inc. demonstrated positive financial momentum with its Enterprise segment achieving a 5.0% year-over-year revenue growth to $132.8 million, now contributing 67.9% of total revenue, indicating strong customer adoption and large deal activity. The Consumer segment also showed resilience, with gross margins expanding by 300 basis points year-over-year to 57.0% driven by the growth of the consumer subscription segment, which now represents 19% of its revenues. Additionally, Udemy's adjusted EBITDA exceeded expectations at $24.3 million, driven by revenue growth and operational efficiency, reflecting the company's ability to adapt and thrive within a competitive learning marketplace.
Bears say
Udemy Inc has reported a 9.2% year-over-year decline in Consumer revenue for the third quarter, which casts doubt on the stability of this segment despite beating estimates. The company is facing challenges with Net Dollar Retention Rate (NDRR) dropping to 93%, as upsells take longer than usual, indicating potential difficulties in revenue generation from existing customers. Moreover, the fourth-quarter revenue guidance forecasts a 3-5% year-over-year decline, with Consumer revenues expected to decrease in the high teens, reflecting an overall pressured outlook for Udemy's financial performance.
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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