Coursera, Inc. (NYSE:COUR – Get Free Report)’s stock price was up 9.4% during mid-day trading on Monday after Zacks Research upgraded the stock from a hold rating to a strong-buy rating. The stock traded as high as $3.77 and last traded at $3.7950. Approximately 4,113,561 shares traded hands during trading, a decline of 33% from the average daily volume of 6,100,749 shares. The stock had previously closed at $3.47.
Other equities analysts have also issued research reports about the company. Royal Bank Of Canada dropped their price objective on Coursera from $7.00 to $5.00 and set an “outperform” rating for the company in a research note on Friday, October 30th. KeyCorp downgraded Coursera from an “overweight” rating to a “sector weight” rating in a research note on Friday, October 30th. Needham & Company LLC lowered their price target on Coursera from $10.00 to $6.00 and set a “buy” rating on the stock in a report on Friday, October 30th. Telsey Advisory Group dropped their price target on Coursera from $10.00 to $7.00 and set an “outperform” rating for the company in a research note on Friday, October 30th. Finally, Scotiabank cut their price objective on shares of Coursera from $7.00 to $4.50 and set a “sector perform” rating for the company in a report on Friday, October 30th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $6.36.
Get Our Latest Analysis on COUR
Insider Buying and Selling at Coursera
In other Coursera news, major shareholder Pale Fire Capital Se bought 1,332,742 shares of the firm’s stock in a transaction dated Friday, September 25th. The stock was acquired at an average cost of $5.06 per share, for a total transaction of $6,743,674.52. Following the completion of the transaction, the insider owned 27,806,415 shares in the company, valued at $140,700,459.90. This trade represents a 5.03% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Alan Cardenas sold 9,139 shares of the business’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $5.71, for a total transaction of $52,183.69. Following the completion of the sale, the senior vice president directly owned 236,237 shares of the company’s stock, valued at approximately $1,348,913.27. This trade represents a 3.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 29,752 shares of company stock worth $141,853 over the last 90 days. Company insiders own 16.30% of the company’s stock.
Coursera News Roundup
Here are the key news stories impacting Coursera this week:
- Positive Sentiment: Zacks Research upgraded Coursera from “Hold” to “Strong Buy,” a more optimistic recommendation that may bolster investor sentiment. Zacks Research ratings
- Neutral Sentiment: A Goldman Sachs “Hold” rating points to a wait-and-see stance rather than a strong near-term endorsement. Goldman Sachs rating
- Neutral Sentiment: An article argues COUR may be 53% undervalued, but also notes sales growth alongside widening losses, leaving the valuation case dependent on future profitability. Article on sales, losses, and valuation
- Negative Sentiment: CEO Gregory Hart sold 10,305 shares for about $37,000, a 0.67% reduction in his direct holdings. The sale is relatively small, and he still owns more than 1.5 million shares, but insider selling may weigh on sentiment. Insider sale report
- Negative Sentiment: Analyst expectations remain cautious: Coursera’s consensus price target was reportedly cut nearly 30% to $5.67, while KeyCorp maintained “Sector Weight” and projected a FY2027 loss of $0.22 per share. Price target report
Institutional Investors Weigh In On Coursera
Hedge funds and other institutional investors have recently bought and sold shares of the company. Bank of America Corp DE purchased a new stake in shares of Coursera in the 2nd quarter valued at about $7,887,000. Deutsche Bank AG acquired a new position in shares of Coursera in the 2nd quarter valued at $9,848,000. OMERS ADMINISTRATION Corp acquired a new position in shares of Coursera in the 2nd quarter valued at $1,579,000. Readystate Asset Management LP grew its position in Coursera by 259.2% during the 2nd quarter. Readystate Asset Management LP now owns 4,027,181 shares of the company’s stock worth $22,713,000 after purchasing an additional 2,906,101 shares during the last quarter. Finally, Great Lakes Advisors LLC purchased a new stake in shares of Coursera in the second quarter valued at about $3,262,000. Hedge funds and other institutional investors own 89.55% of the company’s stock.
Coursera Price Performance
The firm’s 50 day moving average price is $5.18 and its two-hundred day moving average price is $5.67. The firm has a market cap of $1.04 billion, a price-to-earnings ratio of -5.45, a P/E/G ratio of 1.19 and a beta of 1.26.
Coursera (NYSE:COUR – Get Free Report) last issued its quarterly earnings results on Thursday, October 29th. The company reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.03. The firm had revenue of $376.70 million during the quarter, compared to the consensus estimate of $368.52 million. Coursera had a positive return on equity of 3.47% and a negative net margin of 14.35%. The company’s revenue for the quarter was up 94.0% on a year-over-year basis. During the same period last year, the company earned $0.10 earnings per share. On average, analysts anticipate that Coursera, Inc. will post 0.16 earnings per share for the current year.
Coursera Company Profile
Coursera, Inc is an online learning platform that provides access to courses, professional certificates, guided projects, and degree programs. The company works with universities, colleges, and industry partners to offer content in areas such as business, technology, data science, computer science, and personal development.
Coursera serves individual learners, businesses, governments, and academic institutions in countries around the world. Its enterprise and government offerings support employee training, workforce development, and large-scale education initiatives, while its consumer platform allows learners to enroll in individual courses or broader credential and degree programs.
Coursera was founded in 2012 by computer-science professors Andrew Ng and Daphne Koller.
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