Udemy, Inc. Common Stock (UDMY)
Udemy, Inc. is an online learning platform that offers a vast array of courses across various subjects, including technology, business, arts, and personal development. Founded in 2010, it enables instructors to create and publish courses accessible to a global audience, facilitating lifelong learning and skill development through its marketplace model.
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As digital learning replaces traditional methods, AI could potentially enhance education by creating personalized learning companions that develop critical thinking, reasoning, and imagination in students, rather than simply providing instant answers.
Udemy's stock price declined in April due to concerns about a potential recession-induced slowdown in non-discretionary spending, as well as the company's CEO change. Analysts expressed worries about Udemy's exposure to large enterprise and international clients, leading to a downgrade and price target reduction.
Although the revenue and EPS for Udemy (UDMY) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Ratings for Udemy (NASDAQ:UDMY) were provided by 7 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic...
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