Coursera (NYSE:COUR) Stock Gets Downgrade from Wall Street Zen

Coursera (NYSE:COUR) was downgraded by analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued on Saturday, Wall Street Zen reports.

Several other equities analysts have also issued reports on the company. JPMorgan Chase & Co. lowered Coursera from an “overweight” rating to a “neutral” rating and cut their target price for the company from $8.00 to $5.00 in a research note on Friday. Weiss Ratings cut shares of Coursera from a “sell (d-)” rating to a “sell (e+)” rating in a report on Wednesday, October 14th. Telsey Advisory Group lowered their price target on shares of Coursera from $10.00 to $7.00 and set an “outperform” rating on the stock in a report on Friday. KeyCorp downgraded shares of Coursera from an “overweight” rating to a “sector weight” rating in a research report on Friday. Finally, BMO Capital Markets reduced their price objective on shares of Coursera from $8.00 to $6.00 and set an “outperform” rating for the company in a research note on Monday, October 5th. Five equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $6.36.

Coursera Trading Down 25.1%

Shares of NYSE:COUR opened at $3.49 on Friday. Coursera has a 12-month low of $3.45 and a 12-month high of $8.89. The business’s fifty day simple moving average is $5.27 and its 200-day simple moving average is $5.69. The company has a market capitalization of $922.76 million, a PE ratio of -4.85, a P/E/G ratio of 0.48 and a beta of 1.24.

Coursera (NYSE:COUR) last released its quarterly earnings results on Thursday, October 29th. The company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.18 by $0.03. The firm had revenue of $376.70 million during the quarter, compared to analyst estimates of $368.52 million. Coursera had a positive return on equity of 3.47% and a negative net margin of 14.35%. The business’s revenue for the quarter was up 94.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.10 EPS. Research analysts predict that Coursera will post 0.20 EPS for the current year.

Insider Activity at Coursera

In other Coursera news, SVP Alan B. Cardenas sold 9,139 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $5.71, for a total transaction of $52,183.69. Following the sale, the senior vice president owned 236,237 shares of the company’s stock, valued at approximately $1,348,913.27. The trade was a 3.72% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Gregory M. Hart sold 10,308 shares of the company’s stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $5.11, for a total transaction of $52,673.88. Following the transaction, the chief executive officer owned 1,539,003 shares in the company, valued at $7,864,305.33. The trade was a 0.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 16.30% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Coursera

A number of large investors have recently made changes to their positions in COUR. Versant Capital Management Inc grew its holdings in shares of Coursera by 63.2% during the 2nd quarter. Versant Capital Management Inc now owns 5,555 shares of the company’s stock worth $31,000 after purchasing an additional 2,152 shares during the period. Edgestream Partners L.P. increased its position in Coursera by 5.1% during the 1st quarter. Edgestream Partners L.P. now owns 50,568 shares of the company’s stock worth $294,000 after purchasing an additional 2,435 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in Coursera by 54.2% in the third quarter. Farther Finance Advisors LLC now owns 7,602 shares of the company’s stock valued at $38,000 after buying an additional 2,672 shares during the period. Allworth Financial LP raised its holdings in Coursera by 68.6% in the second quarter. Allworth Financial LP now owns 7,052 shares of the company’s stock valued at $40,000 after buying an additional 2,870 shares during the period. Finally, SBI Securities Co. Ltd. raised its holdings in Coursera by 28.4% in the third quarter. SBI Securities Co. Ltd. now owns 15,532 shares of the company’s stock valued at $77,000 after buying an additional 3,435 shares during the period. 89.55% of the stock is owned by hedge funds and other institutional investors.

Coursera News Summary

Here are the key news stories impacting Coursera this week:

• Positive Sentiment: Coursera reported third-quarter revenue of approximately $377 million and adjusted earnings of $0.21 per share, exceeding consensus estimates. Revenue increased 94% year over year, while earnings more than doubled from $0.10 per share in the prior-year quarter. Coursera Q3 Earnings and Revenues Beat Estimates
• Positive Sentiment: Management expects more than $150 million in gross cost savings by year-end as integration efforts progress, supporting the potential for margin expansion and operating efficiencies. Coursera Q4 Revenue and Cost Savings Outlook
• Positive Sentiment: Unusual options activity saw traders purchase 5,405 call options, roughly 247% above average call volume, indicating heightened speculative interest and potential bullish positioning.

About Coursera

Coursera, Inc is an online learning platform that provides access to courses, professional certificates, guided projects, and degree programs. The company works with universities, colleges, and industry partners to offer content in areas such as business, technology, data science, computer science, and personal development.

Coursera serves individual learners, businesses, governments, and academic institutions in countries around the world. Its enterprise and government offerings support employee training, workforce development, and large-scale education initiatives, while its consumer platform allows learners to enroll in individual courses or broader credential and degree programs.

Coursera was founded in 2012 by computer-science professors Andrew Ng and Daphne Koller.