Coursera (NYSE:COUR) Price Target Cut to $4.50 by Analysts at Scotiabank

Coursera (NYSE:COUR) had its price objective reduced by Scotiabank from $7.00 to $4.50 in a research note published on Friday,Benzinga reports. They currently have a sector perform rating on the stock.

COUR has been the topic of a number of other research reports. Wall Street Zen raised Coursera from a “hold” rating to a “buy” rating in a report on Saturday, September 19th. The Goldman Sachs Group reduced their target price on Coursera from $6.50 to $5.00 and set a “neutral” rating for the company in a report on Friday. Weiss Ratings cut Coursera from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Wednesday, October 14th. Royal Bank Of Canada lowered their price target on shares of Coursera from $7.00 to $5.00 and set an “outperform” rating on the stock in a report on Friday. Finally, KeyCorp downgraded shares of Coursera from an “overweight” rating to a “sector weight” rating in a report on Friday. Five equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Coursera currently has a consensus rating of “Hold” and a consensus target price of $6.36.

Coursera Price Performance

Shares of COUR stock opened at $3.49 on Friday. The company’s fifty day simple moving average is $5.27 and its two-hundred day simple moving average is $5.69. Coursera has a 1 year low of $3.45 and a 1 year high of $8.89. The stock has a market capitalization of $922.76 million, a price-to-earnings ratio of -4.85, a PEG ratio of 0.48 and a beta of 1.24.

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

Insider Transactions at Coursera

In other Coursera news, major shareholder Pale Fire Capital Se acquired 1,332,742 shares of the stock in a transaction that occurred on Friday, September 25th. The shares were bought at an average price of $5.06 per share, for a total transaction of $6,743,674.52. Following the completion of the transaction, the insider owned 27,806,415 shares of the company’s stock, valued at approximately $140,700,459.90. This represents a 5.03% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Alan Cardenas sold 9,139 shares of Coursera stock in a transaction on Monday, August 17th. The shares were sold at an average price of $5.71, for a total value of $52,183.69. Following the sale, the senior vice president directly owned 236,237 shares of the company’s stock, valued at $1,348,913.27. This represents a 3.72% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 16.30% of the company’s stock.

Institutional Trading of Coursera

A number of large investors have recently modified their holdings of COUR. Optiver Holding B.V. purchased a new position in shares of Coursera during the first quarter worth about $31,000. Versant Capital Management Inc increased its position in shares of Coursera by 63.2% in the second 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 last quarter. IFP Advisors Inc raised its stake in Coursera by 299.7% in the second quarter. IFP Advisors Inc now owns 5,912 shares of the company’s stock valued at $33,000 after purchasing an additional 4,433 shares in the last quarter. Farther Finance Advisors LLC raised its stake 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 purchasing an additional 2,672 shares in the last quarter. Finally, Allworth Financial LP purchased a new stake in Coursera in the second quarter valued at approximately $40,000. Institutional investors own 89.55% of the company’s stock.

Coursera News Roundup

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.