Coursera (NYSE:COUR) Given Overweight Rating at Cantor Fitzgerald

Cantor Fitzgerald reissued their overweight rating on shares of Coursera (NYSE:COUR) in a report released on Thursday,Benzinga reports. The brokerage currently has a $13.00 price target on the stock.

Several other analysts have also recently issued reports on COUR. Zacks Research cut shares of Coursera from a “strong-buy” rating to a “hold” rating in a report on Monday, August 18th. Wall Street Zen raised shares of Coursera from a “hold” rating to a “buy” rating in a report on Saturday, July 26th. Morgan Stanley upped their price target on shares of Coursera from $11.00 to $12.00 and gave the company an “equal weight” rating in a report on Friday, July 25th. Needham & Company LLC reaffirmed a “buy” rating and issued a $11.00 price target on shares of Coursera in a report on Monday, July 21st. Finally, Scotiabank upped their price target on shares of Coursera from $9.00 to $11.00 and gave the company a “sector perform” rating in a report on Friday, July 25th. Seven investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $11.40.

Coursera Price Performance

NYSE:COUR opened at $10.87 on Thursday. The firm has a 50-day moving average of $10.79 and a two-hundred day moving average of $8.91. The stock has a market cap of $1.75 billion, a P/E ratio of -32.94 and a beta of 1.40. Coursera has a 1-year low of $5.76 and a 1-year high of $13.56.

Coursera (NYSE:COUR) last posted its quarterly earnings data on Thursday, July 24th. The company reported $0.12 earnings per share for the quarter, beating analysts’ consensus estimates of $0.09 by $0.03. The company had revenue of $187.10 million during the quarter, compared to analysts’ expectations of $180.52 million. Coursera had a negative net margin of 7.05% and a negative return on equity of 5.16%. The firm’s revenue for the quarter was up 9.9% on a year-over-year basis. During the same period in the prior year, the company posted $0.09 EPS. Coursera has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, equities analysts expect that Coursera will post -0.28 earnings per share for the current year.

Insider Buying and Selling

In related news, CFO Kenneth R. Hahn sold 29,636 shares of the stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $11.97, for a total transaction of $354,742.92. Following the sale, the chief financial officer owned 954,047 shares in the company, valued at $11,419,942.59. This represents a 3.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Michele M. Meyers sold 2,500 shares of the stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $11.94, for a total transaction of $29,850.00. Following the sale, the chief accounting officer owned 241,295 shares in the company, valued at approximately $2,881,062.30. This trade represents a 1.03% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 189,631 shares of company stock worth $2,225,604 over the last quarter. 16.80% of the stock is owned by company insiders.

Institutional Investors Weigh In On Coursera

Institutional investors and hedge funds have recently bought and sold shares of the business. ProShare Advisors LLC raised its stake in Coursera by 49.0% during the fourth quarter. ProShare Advisors LLC now owns 38,746 shares of the company’s stock worth $329,000 after acquiring an additional 12,749 shares during the period. Blueshift Asset Management LLC acquired a new stake in shares of Coursera in the 1st quarter worth about $1,299,000. Vanguard Group Inc. increased its holdings in shares of Coursera by 1.3% in the 1st quarter. Vanguard Group Inc. now owns 12,306,979 shares of the company’s stock worth $81,964,000 after acquiring an additional 159,820 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in shares of Coursera by 3.6% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,041,051 shares of the company’s stock worth $6,933,000 after acquiring an additional 35,981 shares during the period. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in shares of Coursera by 34.8% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 13,649 shares of the company’s stock worth $91,000 after acquiring an additional 3,521 shares during the period. Institutional investors and hedge funds own 89.55% of the company’s stock.

Coursera Company Profile

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.