Udemy Inc (NASDAQ:UDMY) shares, rose in value on Friday, March 28, with the stock price down by -3.02% to the previous day’s close as strong demand from buyers drove the stock to $8.02.
Actively observing the price movement in the last trading, the stock closed the session at $8.27, falling within a range of $7.935 and $8.38. The value of beta (5-year monthly) was 1.762. Referring to stock’s 52-week performance, its high was $11.60, and the low was $6.67. On the whole, UDMY has fluctuated by -16.46% over the past month.
With the market capitalization of Udemy Inc currently standing at about $1.18 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-12.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 796.26M, with a low estimate of 195M and a high estimate of 199M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 197.35M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that UDMY’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of UDMY currently trading nearly -7.97% and -6.01% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 38.03, while the 7-day volatility ratio is showing 4.08% which for the 30-day chart, stands at 4.87%. Furthermore, Udemy Inc (UDMY)’s beta value is 1.79, and its average true range (ATR) is 0.41.
A comparison of Udemy Inc (UDMY) with its peers suggests the former has fared considerably weaker in the market. UDMY showed an intraday change of -3.02% in last session, and over the past year, it shrunk by -27.09%%.
Data on historical trading for Udemy Inc (NASDAQ:UDMY) indicates that the trading volumes over the past 10 days have averaged 1.11 and over the past 3 months, they’ve averaged 1.21 million. According to company’s latest data on outstanding shares, there are 147.48 million shares outstanding.
Nearly 47.40% of Udemy Inc’s shares belong to company insiders and institutional investors own 41.56% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 4.17 million shares as on 2025-03-14, resulting in a short ratio of 2.07. According to the data, the short interest in Udemy Inc (UDMY) stood at 468.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 6.01 million. The stock has fallen by -2.55% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the UDMY stock heading into the next quarter.
