Udemy and Indeed partner for career advancement

SAN FRANCISCO - Udemy (NASDAQ: UDMY), an AI-powered skills development platform with a market capitalization of $1.12 billion and impressive gross profit margins of 63%, has announced a partnership with Indeed, the world’s top job site, to offer professionals a pathway for career advancement through skills-based hiring. This collaboration aims to connect learning and employment by providing access to educational content and career services. According to InvestingPro analysis, Udemy appears undervalued at current levels, suggesting potential upside for investors interested in the education technology sector.

Professionals worldwide will benefit from this strategic alliance, which allows them to develop in-demand technical and soft skills with a 30-day free access to Udemy’s Personal Plan. This includes over 12,000 courses covering a variety of subjects necessary for career growth. Additionally, Udemy’s Personal Plan offers 800 courses focused on AI-related skills, preparing job seekers for the evolving demands of the job market. The company’s revenue grew by 5.43% in the last twelve months, reflecting strong market demand for its services. For deeper insights into Udemy’s growth metrics and financial health, check out the comprehensive Pro Research Report available on InvestingPro.

Udemy has also introduced Career Accelerators to its subscription, which are designed to help learners acquire practical skills for sought-after roles like Data Scientist and Full Stack Web Developer. These accelerators combine top-rated courses, hands-on projects, and interview preparation.

On the hiring side, Indeed users can now apply for jobs that match the skills and certifications obtained through Udemy courses, potentially increasing their chances of securing interviews. For U.S. professionals, Indeed will offer special pricing on Career Services, including resume reviews and career counseling, to enhance their job applications.

The partnership between Udemy and Indeed reflects a shared commitment to helping professionals navigate the challenges of AI reshaping job roles and the importance of continuous learning in career development. This initiative is expected to shape a workforce ready for future challenges by bridging the gap between skill acquisition and employment opportunities. With analysts expecting profitability this year and a strong balance sheet showing more cash than debt, Udemy appears well-positioned to execute its growth strategy. InvestingPro subscribers have access to 12 additional key insights about Udemy’s financial outlook and market position.

Information about this partnership is based on a press release statement.

In other recent news, Udemy reported first-quarter 2025 earnings that exceeded expectations, with an earnings per share (EPS) of $0.12, surpassing the forecasted $0.10. The company’s revenue reached $200.3 million, slightly above the projected $197.3 million, marking the first time Udemy’s quarterly revenue exceeded $200 million. Additionally, Udemy Business Annual Recurring Revenue (ARR) grew by 8% year-over-year, highlighting the company’s robust enterprise customer base. In another development, Udemy secured a $200 million senior secured revolving credit facility to support its long-term growth initiatives. This credit line remains undrawn and reflects Udemy’s strong financial health, as evidenced by its substantial liquidity reserves. Furthermore, Canaccord Genuity recently adjusted its outlook on Udemy, reducing the price target to $12 from $14 while maintaining a Buy rating. The firm expressed confidence in Udemy’s strategic initiatives, despite the company’s cautious revenue forecast for FY25 due to macroeconomic uncertainties. Lastly, Udemy launched an AI-powered feature called Role Play, designed to enhance soft skills through realistic conversation simulations, further demonstrating the company’s commitment to innovation in the reskilling market.

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