Coursera (COUR) Expected to Announce Quarterly Earnings on Thursday

Coursera (NYSE:COUR) will likely be releasing its Q4 2024 earnings data after the market closes on Thursday, February 6th. Analysts expect Coursera to post earnings of $0.04 per share and revenue of $176.43 million for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Coursera Stock Performance

NYSE:COUR opened at $7.82 on Tuesday. Coursera has a one year low of $6.29 and a one year high of $18.25. The firm has a market cap of $1.24 billion, a P/E ratio of -15.03 and a beta of 1.42. The firm has a 50-day simple moving average of $8.47 and a 200-day simple moving average of $8.01.

Insider Activity

In other Coursera news, SVP Alan B. Cardenas sold 6,102 shares of the company’s stock in a transaction on Monday, November 18th. The stock was sold at an average price of $6.83, for a total value of $41,676.66. Following the sale, the senior vice president now directly owns 194,082 shares in the company, valued at $1,325,580.06. This represents a 3.05 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 15.90% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Morgan Stanley decreased their target price on shares of Coursera from $15.00 to $10.00 and set an “overweight” rating for the company in a research note on Friday, October 25th. KeyCorp lowered their target price on shares of Coursera from $12.00 to $11.00 and set an “overweight” rating for the company in a research note on Friday, October 25th. Scotiabank initiated coverage on shares of Coursera in a report on Thursday, December 5th. They issued a “sector perform” rating and a $9.00 target price on the stock. BMO Capital Markets cut their price objective on shares of Coursera from $10.00 to $9.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and issued a $15.00 target price on shares of Coursera in a report on Tuesday, January 28th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $10.13.

About Coursera

Coursera, Inc operates an online educational content platform in the United States, Europe, Africa, the Asia Pacific, the Middle East, and internationally. It operates in three segments: Consumer, Enterprise, and Degrees. The company offers guided projects, courses, and specializations, as well as online degrees; and certificates for entry-level professional, non-entry level professional, university, and MasterTrack.