Coursera (NYSE:COUR) Downgraded by Wall Street Zen to “Hold”

Coursera (NYSE:COUR) was downgraded by analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued on Saturday, Wall Street Zen reports.

Several other research firms also recently weighed in on COUR. The Goldman Sachs Group decreased their price target on shares of Coursera from $6.50 to $5.00 and set a “neutral” rating on the stock in a research report on Friday. BMO Capital Markets cut their price objective on shares of Coursera from $8.00 to $6.00 and set an “outperform” rating for the company in a research report on Monday, October 5th. Royal Bank Of Canada reduced 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. Weiss Ratings cut Coursera from a “sell (d-)” rating to a “sell (e+)” rating in a report on Wednesday, October 14th. Finally, Scotiabank lowered their target price on Coursera from $7.00 to $4.50 and set a “sector perform” rating on the stock in a research report on Friday. Five research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Coursera currently has an average rating of “Hold” and a consensus target price of $6.36.

Coursera Stock Down 25.1%

NYSE COUR opened at $3.49 on Friday. The company has a 50-day moving average price of $5.27 and a 200-day moving average price of $5.69. Coursera has a 52 week low of $3.45 and a 52 week high of $8.89. The firm has a market capitalization of $922.76 million, a P/E ratio of -4.85, a PEG ratio of 0.48 and a beta of 1.24.

Coursera (NYSE:COUR) last posted its quarterly earnings data on Thursday, October 29th. The company reported $0.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.03. The company had revenue of $376.70 million for the quarter, compared to the consensus estimate of $368.52 million. Coursera had a negative net margin of 14.35% and a positive return on equity of 3.47%. The firm’s revenue was up 94.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.10 earnings per share. As a group, equities research analysts anticipate that Coursera will post 0.20 EPS for the current year.

Insider Activity at Coursera

In other news, major shareholder Pale Fire Capital Se acquired 1,332,742 shares of Coursera stock in a transaction on Friday, September 25th. The shares were acquired at an average price of $5.06 per share, with a total value of $6,743,674.52. Following the purchase, the insider directly owned 27,806,415 shares in the company, valued at $140,700,459.90. The trade was a 5.03% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Alan B. Cardenas sold 9,139 shares of the company’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $5.71, for a total value of $52,183.69. Following the sale, the senior vice president directly owned 236,237 shares in the company, valued at $1,348,913.27. This trade represents a 3.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 16.30% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Coursera

Large investors have recently bought and sold shares of the business. Pinnacle Wealth Planning Services Inc. increased its stake in shares of Coursera by 440.6% during the third quarter. Pinnacle Wealth Planning Services Inc. now owns 28,220 shares of the company’s stock valued at $140,000 after buying an additional 23,000 shares during the period. Total Clarity Wealth Management Inc. purchased a new stake in Coursera in the third quarter worth about $178,000. Inspire Investing LLC lifted its stake in Coursera by 5.1% in the third quarter. Inspire Investing LLC now owns 126,131 shares of the company’s stock worth $626,000 after acquiring an additional 6,099 shares during the period. SBI Securities Co. Ltd. grew its holdings in Coursera by 28.4% during the 3rd quarter. SBI Securities Co. Ltd. now owns 15,532 shares of the company’s stock worth $77,000 after acquiring an additional 3,435 shares in the last quarter. Finally, Counterpoint Mutual Funds LLC bought a new position in Coursera during the 3rd quarter worth about $551,000. Institutional investors own 89.55% of the company’s stock.

Key Headlines Impacting Coursera

Here are the key news stories impacting Coursera this week:

• Positive Sentiment: Coursera reported third-quarter revenue of approximately $377 million and adjusted earnings of $0.21 per share, exceeding consensus estimates. Revenue increased 94% year over year, while earnings more than doubled from $0.10 per share in the prior-year quarter. Coursera Q3 Earnings and Revenues Beat Estimates
• Positive Sentiment: Management expects more than $150 million in gross cost savings by year-end as integration efforts progress, supporting the potential for margin expansion and operating efficiencies. Coursera Q4 Revenue and Cost Savings Outlook
• Positive Sentiment: Unusual options activity saw traders purchase 5,405 call options, roughly 247% above average call volume, indicating heightened speculative interest and potential bullish positioning.

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.