Udemy Inc (NASDAQ:UDMY) price on Friday, April 11, fall -3.17% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $6.10.
A look at the stock’s price movement, the close in the last trading session was $6.30, moving within a range at $5.97 and $6.35. The beta value (5-Year monthly) was 1.81. Turning to its 52-week performance, $11.60 and $5.68 were the 52-week high and 52-week low respectively. Overall, UDMY moved -22.88% over the past month.
Udemy Inc’s market cap currently stands at around $905.76 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-12.
Analysts have a consensus estimate of 197.19M for the company’s revenue for the quarter, with a low and high estimate of 195M and 199M respectively. The average forecast suggests up to a 0.17% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 795.42M, representing a 1.13% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that UDMY is a 100% Sell. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
4 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 3 recommend UDMY as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
UDMY’s current price about -20.33% and -26.87% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 31.99, while 7-day volatility ratio is 11.95% and 6.34% in the 30-day chart. Further, Udemy Inc (UDMY) has a beta value of 1.84, and an average true range (ATR) of 0.54. Analysts have given the company’s stock an average 52-week price target of $11, forecast between a low of $11 and high of $11. Looking at the price targets, the low is -80.33% off current price level while to achieve the yearly target high, price needs to move -80.33%. Nonetheless, investors will most likely welcome a -80.33% jump to $11 which is the analysts’ median price.
If we refocus on Udemy Inc (NASDAQ:UDMY), historical trading data shows that trading volumes averaged 1.41 over the past 10 days and 1.32 million over the past 3 months. The company’s latest data on shares outstanding shows there are 147.48 million shares.
The 47.41% of Udemy Inc’s shares are in the hands of company insiders while institutional holders own 41.33% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 4.17 million on 2025-03-14, giving us a short ratio of 2.07. The data shows that as of 2025-03-14 short interest in Udemy Inc (UDMY) stood at 468.0 of shares outstanding, with shares short falling to 6.01 million registered in 2025-02-14. Current price change has pushed the stock -25.88% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the UDMY stock continues to rise going into the next quarter.
