Coursera (NYSE:COUR) Receives “Outperform” Rating from Telsey Advisory Group

Telsey Advisory Group restated their outperform rating on shares of Coursera (NYSE:COUR) in a report published on Friday,Benzinga reports. They currently have a $14.00 price target on the stock.

Several other brokerages have also recently commented on COUR. Bank of America upgraded Coursera from an “underperform” rating to a “neutral” rating and upped their target price for the company from $7.00 to $12.00 in a report on Friday, July 25th. Zacks Research downgraded shares of Coursera from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 18th. Morgan Stanley increased their price objective on shares of Coursera from $11.00 to $12.00 and gave the stock an “equal weight” rating in a research report on Friday, July 25th. JPMorgan Chase & Co. lifted their target price on shares of Coursera from $8.00 to $9.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 16th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and set a $13.00 price target on shares of Coursera in a research report on Thursday, September 11th. Seven research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $11.40.

Coursera Stock Down 8.4%

NYSE COUR opened at $10.27 on Friday. The company has a market capitalization of $1.66 billion, a price-to-earnings ratio of -31.11 and a beta of 1.40. Coursera has a twelve month low of $5.76 and a twelve month high of $13.56. The stock has a fifty day simple moving average of $11.60 and a 200 day simple moving average of $9.38.

Coursera (NYSE:COUR) last announced its earnings results on Thursday, July 24th. The company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.09 by $0.03. The firm had revenue of $187.10 million for the quarter, compared to the consensus estimate of $180.52 million. Coursera had a negative return on equity of 5.16% and a negative net margin of 7.05%.The business’s quarterly revenue was up 9.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.09 EPS. Coursera has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Research analysts expect that Coursera will post -0.28 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Coursera news, CFO Kenneth R. Hahn sold 75,000 shares of the firm’s stock in a transaction on Thursday, August 14th. The shares were sold at an average price of $11.87, for a total value of $890,250.00. Following the completion of the sale, the chief financial officer directly owned 1,075,853 shares in the company, valued at approximately $12,770,375.11. This trade represents a 6.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Michele M. Meyers sold 12,500 shares of Coursera stock in a transaction on Friday, July 25th. The shares were sold at an average price of $11.60, for a total transaction of $145,000.00. Following the completion of the sale, the chief accounting officer directly owned 253,351 shares of the company’s stock, valued at approximately $2,938,871.60. This trade represents a 4.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 193,131 shares of company stock valued at $2,265,189 over the last ninety days. 16.80% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Coursera

Several large investors have recently added to or reduced their stakes in the business. Quarry LP lifted its stake in Coursera by 1,848.6% during the 1st quarter. Quarry LP now owns 4,131 shares of the company’s stock valued at $28,000 after acquiring an additional 3,919 shares in the last quarter. Nisa Investment Advisors LLC lifted its holdings in Coursera by 102.9% during the second quarter. Nisa Investment Advisors LLC now owns 3,652 shares of the company’s stock worth $32,000 after acquiring an additional 1,852 shares during the period. State of Wyoming lifted its holdings in Coursera by 85.9% during the first quarter. State of Wyoming now owns 7,227 shares of the company’s stock worth $48,000 after acquiring an additional 3,340 shares during the period. Daiwa Securities Group Inc. boosted its position in Coursera by 163.7% in the second quarter. Daiwa Securities Group Inc. now owns 7,330 shares of the company’s stock worth $64,000 after purchasing an additional 4,550 shares during the last quarter. Finally, Pale Fire Capital SE bought a new position in Coursera in the 1st quarter valued at $67,000. Institutional investors own 89.55% of the company’s stock.

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.