Skip to main content

Market Overview

Coursera Analysts Boost Their Forecasts After Upbeat Q2 Results

Share:
Coursera Analysts Boost Their Forecasts After Upbeat Q2 Results

Coursera, Inc. (NYSE:COUR) posted better-than-expected second-quarter results after Thursday’s closing bell.

Coursera reported quarterly earnings of 12 cents per share, which beat the analyst consensus estimate of nine cents. Quarterly revenue clocked in at $187.1 million, which beat the Street estimate of $180.48 million.

"Coursera's market opportunity continues to expand with the global demand to embrace new technology and skills. This quarter, we attracted more than seven million new learners looking to master emerging skills that can advance their careers," said Coursera CEO Greg Hart.

Coursera raised its full year 2025 revenue outlook by $17 million to a range of $738 to $746 million.

Coursera shares gained 1.3% to close at $9.08 on Thursday.

These analysts made changes to their price targets on Coursera following earnings announcement.

  • Needham analyst Ryan MacDonald maintained Coursera with a Buy and raised the price target from $11 to $14.
  • B of A Securities analyst Nafeesa Gupta upgraded Coursera from Underperform to Neutral and raised the price target from $7 to $12.
  • Telsey Advisory Group analyst Sarang Vora maintained the stock with an Outperform rating and raised the price target from $12 to $14.
  • Keybanc analyst Bradley Thomas maintained Coursera with an Overweight rating and boosted the price target from $11 to $12.
  • Morgan Stanley analyst Josh Baer maintained the stock with an Equal-Weight rating and raised the price target from $11 to $12.
  • Cantor Fitzgerald analyst Yi Fu Lee maintained the stock with an Overweight rating and lifted the price target from $10 to $13.

Considering buying COUR stock? Here’s what analysts think:

Read This Next:

Photo via Shutterstock

Latest Ratings for COUR

DateFirmActionFromTo
Feb 2022Raymond JamesMaintainsOutperform
Feb 2022Telsey Advisory GroupMaintainsOutperform
Feb 2022KeybancMaintainsOverweight

View More Analyst Ratings for COUR

View the Latest Analyst Ratings

 

Related Articles (COUR)

View Comments and Join the Discussion!

Posted-In: PT ChangesEarnings News Price Target Markets Analyst Ratings Trading Ideas

Latest Ratings

StockFirmActionPT
SEDGB of A SecuritiesMaintains411.0
PTLOPiper SandlerMaintains28.0
AOUTLake StreetMaintains26.0
RAPTPiper SandlerMaintains52.0
OCXLake StreetMaintains6.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com