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Investing.com - Cantor Fitzgerald raised its price target on Udemy Inc (NASDAQ:UDMY) to $10.00 from $9.00 on Thursday, while maintaining an Overweight rating on the online learning platform. The company, currently trading at $7.72 with a market capitalization of $1.04 billion, has attracted positive attention from analysts, with InvestingPro data showing 8 analysts recently revising their earnings estimates upward.
The price target increase follows what the investment firm described as "early signs of the turnaround action plan ’Udemy 2.0’ success" under new CEO Hugo Sarrazin’s leadership.
Udemy completed the first half of 2025 "in a stabilizing fashion," exceeding FactSet consensus expectations on revenue, operating income/margin, adjusted EBITDA/margin and free cash flow/margin, according to Cantor Fitzgerald.
The firm noted that Sarrazin has been "ultra productive" since taking charge, executing strategic priorities outlined in the previous quarter.
Early indications of success include an uptick in the recurring subscription model, better channel partner ecosystem engagement, and progress on transforming Udemy into an "AI-powered skills acceleration platform," Cantor Fitzgerald reported.
In other recent news, Udemy Inc. reported impressive earnings for the second quarter of 2025. The company achieved an earnings per share (EPS) of $0.16, surpassing the analysts’ forecast of $0.12. Additionally, Udemy’s revenue reached $200 million, exceeding the projected $196.79 million. These results highlight a robust financial performance for the period. Despite these positive earnings and revenue figures, the company’s stock saw a slight decline during regular trading hours. This decline, however, was followed by a modest increase in aftermarket trading. The recent developments underscore Udemy’s ability to outperform market expectations.
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