Cantor Fitzgerald Predicts Stronger Earnings for Coursera

Coursera, Inc. (NYSE:COURFree Report) – Equities research analysts at Cantor Fitzgerald increased their FY2025 earnings estimates for Coursera in a research note issued on Monday, February 3rd. Cantor Fitzgerald analyst Y. Lee now forecasts that the company will post earnings per share of ($0.35) for the year, up from their previous estimate of ($0.50). Cantor Fitzgerald currently has a “Overweight” rating and a $10.00 price objective on the stock. The consensus estimate for Coursera’s current full-year earnings is ($0.35) per share.

Several other research analysts also recently commented on the stock. Scotiabank initiated coverage on shares of Coursera in a research note on Thursday, December 5th. They issued a “sector perform” rating and a $9.00 target price on the stock. Royal Bank of Canada reaffirmed an “outperform” rating and set a $10.00 price objective on shares of Coursera in a research note on Friday, January 31st. JPMorgan Chase & Co. started coverage on shares of Coursera in a report on Monday, November 25th. They set a “neutral” rating and a $8.00 target price for the company. UBS Group boosted their price target on Coursera from $7.50 to $8.50 and gave the company a “neutral” rating in a report on Friday, January 31st. Finally, KeyCorp cut their price objective on Coursera from $12.00 to $11.00 and set an “overweight” rating on the stock in a research report on Friday, October 25th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $10.13.

Get Our Latest Analysis on Coursera

Coursera Stock Up 1.6 %

Shares of Coursera stock opened at $7.94 on Wednesday. Coursera has a one year low of $6.29 and a one year high of $18.25. The business’s 50 day simple moving average is $8.47 and its two-hundred day simple moving average is $8.01.

Insider Buying and Selling

In other Coursera news, SVP Alan B. Cardenas sold 6,102 shares of Coursera stock in a transaction on Monday, November 18th. The stock was sold at an average price of $6.83, for a total transaction of $41,676.66. Following the completion of the transaction, the senior vice president now owns 194,082 shares in the company, valued at approximately $1,325,580.06. The trade was a 3.05 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 15.90% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Coursera

Several large investors have recently modified their holdings of COUR. FMR LLC increased its stake in Coursera by 67.6% during the 3rd quarter. FMR LLC now owns 6,574 shares of the company’s stock valued at $52,000 after purchasing an additional 2,651 shares in the last quarter. CWM LLC increased its position in shares of Coursera by 82.3% during the third quarter. CWM LLC now owns 7,128 shares of the company’s stock valued at $57,000 after acquiring an additional 3,217 shares in the last quarter. KBC Group NV raised its holdings in Coursera by 90.7% in the 4th quarter. KBC Group NV now owns 9,203 shares of the company’s stock worth $78,000 after acquiring an additional 4,376 shares during the last quarter. Versor Investments LP purchased a new position in Coursera in the 3rd quarter worth approximately $106,000. Finally, New York State Teachers Retirement System bought a new position in Coursera in the 4th quarter valued at approximately $107,000. Hedge funds and other institutional investors own 89.55% of the company’s stock.

About Coursera

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Coursera Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Coursera and related companies with MarketBeat.com's FREE daily email newsletter.