Market Summary
USD2.38-0.17
Market Closed-6.67%
TWOU Stock Price
TWOU RSI Chart
TWOU Valuation
TWOU Price/Sales (Trailing)
TWOU Profitability
TWOU Fundamentals
TWOU Revenue
TWOU Earnings
Price Action
52 Week Range
13.15
(Low)(High)
Last 7 days
-14.7%
Last 30 days
-12.4%
Last 90 days
-31.3%
Trailing 12 Months
-62%
TWOU Financial Health
TWOU Investor Care
Historical Charts for Stock Metrics
Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
Get all data in R, Python etc through our Historical Stock Data APIs
Latest Insider Trading transactions for TWOU
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-08-17 | McCullough Aaron | bought | 143,498 | 3.14 | 45,700 | chief product officer |
2023-07-11 | McCullough Aaron | acquired | - | - | 215,054 | chief product officer |
2023-07-03 | Lalljie Paul S | sold (taxes) | -41,595 | 3.86 | -10,776 | chief financial officer |
2023-07-03 | Norden Matthew J. | sold (taxes) | -19,172 | 3.86 | -4,967 | chief legal officer |
2023-07-03 | Paucek Christopher J | sold (taxes) | -137,953 | 3.86 | -35,739 | chief executive officer |
2023-07-03 | Mokkarala Harsha | sold (taxes) | -22,079 | 3.86 | -5,720 | chief revenue officer |
2023-05-05 | HALEY TIMOTHY M | acquired | - | - | 21,246 | - |
2023-05-05 | STAVIS ROBERT M | acquired | - | - | 21,246 | - |
2023-05-05 | Peters Gregory K | acquired | - | - | 5,312 | - |
2023-05-05 | MAEDER PAUL A | acquired | - | - | 21,246 | - |
Which funds bought or sold TWOU recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-09-12 | Farther Finance Advisors, LLC | sold off | -100 | -30,476 | - | -% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -4.76 | -292,832 | 373,146 | -% |
2023-08-21 | OSAIC HOLDINGS, INC. | reduced | -8.74 | -50,685 | 59,237 | -% |
2023-08-16 | Nuveen Asset Management, LLC | reduced | -59.88 | -1,044,350 | 322,646 | -% |
2023-08-15 | ALLIANCEBERNSTEIN L.P. | reduced | -1.68 | -261,694 | 359,101 | -% |
2023-08-15 | PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | unchanged | - | -261,000 | 373,000 | -% |
2023-08-15 | LAZARD ASSET MANAGEMENT LLC | sold off | -100 | -211,000 | - | -% |
2023-08-15 | Caxton Associates LP | sold off | -100 | -151,440 | - | -% |
2023-08-15 | WELLS FARGO & COMPANY/MN | added | 44.13 | -33,679 | 187,822 | -% |
2023-08-15 | GOLDMAN SACHS GROUP INC | reduced | -40.4 | -2,936,000 | 1,585,440 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Schedule 13G FIlings of 2U
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 14, 2023 | arrowmark colorado holdings llc | 0.00% | 2,650 | SC 13G/A | |
| Feb 14, 2023 | greenvale capital llp | 6.2% | 4,847,164 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 9.45% | 7,388,597 | SC 13G/A | |
| Feb 08, 2023 | morgan stanley | 6.4% | 5,034,281 | SC 13G | |
| Feb 03, 2023 | sumitomo mitsui trust holdings, inc. | 7.05% | 5,517,725 | SC 13G/A | |
| Feb 03, 2023 | blackrock inc. | 8.0% | 6,220,507 | SC 13G/A | |
| Sep 12, 2022 | arrowmark colorado holdings llc | 3.48% | 2,699,310 | SC 13G/A | |
| Feb 14, 2022 | nikko asset management americas, inc. | 7.0% | 5,273,261 | SC 13G/A | |
| Feb 14, 2022 | arrowmark colorado holdings llc | 10.34% | 7,796,784 | SC 13G/A | |
| Feb 11, 2022 | greenvale capital llp | 6.5% | 4,900,000 | SC 13G |
Recent SEC filings of 2U
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Aug 21, 2023 | 4 | Insider Trading | |
| Aug 08, 2023 | 8-K | Current Report | |
| Aug 08, 2023 | 10-Q | Quarterly Report | |
| Jul 27, 2023 | 8-K | Current Report | |
| Jul 13, 2023 | 4 | Insider Trading | |
| Jul 13, 2023 | 3 | Insider Trading | |
| Jul 11, 2023 | S-8 | Employee Benefits Plan | |
| Jul 05, 2023 | 4 | Insider Trading | |
| Jul 05, 2023 | 4 | Insider Trading | |
| Jul 05, 2023 | 4 | Insider Trading |
TWOU Fair Value
Loading...
Peers (Alternatives to 2U)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
MSFT | 2.4T | 211.9B | -0.34% | 32.68% | 32.82 | 11.21 | 6.88% | -0.52% |
ORCL | 299.7B | 51.0B | -3.19% | 66.57% | 31.97 | 5.88 | 15.41% | 61.40% |
ADBE | 234.3B | 18.4B | 2.94% | 84.08% | 48.28 | 12.72 | 10.40% | -0.72% |
CRM | 203.4B | 33.1B | 1.91% | 42.21% | 128.89 | 6.15 | 14.81% | 194.40% |
ZM | 20.4B | 4.5B | 2.27% | -10.75% | 144.16 | 4.58 | 3.92% | -85.69% |
AZPN | - | - | 6.28% | -9.18% | - | - | - | - |
| MID-CAP | ||||||||
MANH | 12.5B | 848.2M | 8.36% | 49.82% | 85.66 | 14.74 | 19.21% | 23.01% |
GWRE | 7.5B | 905.3M | 14.53% | 50.63% | -48.14 | 8.25 | 11.41% | -3.11% |
APPN | 3.1B | 506.6M | -3.17% | -3.38% | -19.95 | 6.21 | 20.13% | -27.36% |
| SMALL-CAP | ||||||||
ZUO | 1.2B | 415.3M | -14.61% | 14.34% | -6.22 | 2.8 | 11.66% | -68.02% |
YEXT | 775.3M | 403.2M | -26.56% | 32.06% | -32.36 | 1.92 | 0.77% | 74.48% |
UPLD | 130.6M | 309.9M | 60.32% | -54.23% | -0.71 | 0.42 | -0.26% | -219.50% |
2U News
Returns for TWOU
Cumulative Returns on TWOU
-31.4%
7-Year Cumulative Returns
-49.3%
5-Year Cumulative Returns
-57.2%
3-Year Cumulative Returns
Risks for TWOU
What is the probability of a big loss on TWOU?
100%
Probability that 2U stock will be more than 20% underwater in next one year
100%
Probability that 2U stock will be more than 30% underwater in next one year.
86.9%
Probability that 2U stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does TWOU drawdown profile look like?
Y-axis is the maximum loss one would have experienced if 2U was unfortunately bought at previous high price.
Drawdowns
Financials for 2U
Income Statement (Last 12 Months)
| Income Statement (Last 12 Months) | ||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Revenue | -2.0% | 928,880,000 | 948,255,000 | 963,080,000 | 970,655,000 | 970,793,000 | 966,538,000 | 945,682,000 | 917,352,000 | 886,049,000 | 831,527,000 | 774,533,000 | 722,417,000 | 675,142,000 | 627,916,000 | 574,671,000 | 526,588,000 | 479,753,000 | 441,715,000 | 411,769,000 | 383,352,000 | 346,639,000 |
| S&GA Expenses | -5.2% | 370,872,000 | 391,340,000 | 422,147,000 | 451,558,000 | 475,547,000 | 473,841,000 | 456,096,000 | 438,731,000 | 420,499,000 | 404,196,000 | 390,174,000 | 379,788,000 | 373,241,000 | 364,649,000 | 342,395,000 | 309,264,000 | 276,291,000 | 244,918,000 | 221,015,000 | 209,682,000 | 190,445,000 |
| EBITDA | 100.0% | - | -60,913,000 | -132,667,000 | -190,933,000 | -131,740,000 | -214,412,000 | -137,261,000 | -86,988,000 | -71,887,000 | -117,424,000 | -131,982,000 | -144,229,000 | -231,435,000 | -215,146,000 | -182,993,000 | - | - | - | - | - | - |
| EBITDA Margin | 100.0% | - | -0.06 | -0.14 | -0.20 | -0.14 | -0.22 | -0.15 | -0.09 | -0.08 | -0.14 | -0.17 | -0.20 | -0.34 | -0.34 | -0.32 | - | - | - | - | - | - |
| Interest Expenses | 6.0% | 70,311,000 | 66,301,000 | 62,234,000 | 61,917,000 | 62,949,000 | 57,231,000 | 51,222,000 | 40,756,000 | 31,375,000 | 29,705,000 | 27,317,000 | 24,864,000 | 22,951,000 | 18,857,000 | 13,419,000 | 8,157,000 | 2,533,000 | 136,000 | 108,000 | 131,000 | 140,000 |
| Earnings Before Taxes | -44.0% | -361,400,000 | -250,972,000 | -323,054,000 | -378,791,000 | -317,485,000 | -276,427,000 | -195,962,000 | -165,544,000 | -157,831,000 | -202,403,000 | -217,998,000 | -225,933,000 | -313,615,000 | -293,748,000 | -255,082,000 | -204,384,000 | -74,344,000 | -49,593,000 | -43,197,000 | -48,183,000 | -53,538,000 |
| EBT Margin | 100.0% | - | -0.26 | -0.34 | -0.39 | -0.33 | -0.29 | -0.21 | -0.18 | -0.18 | -0.24 | -0.28 | -0.31 | -0.46 | -0.47 | -0.44 | - | - | - | - | - | - |
| Net Income | -44.2% | -361,235,000 | -250,433,000 | -322,151,000 | -377,569,000 | -316,003,000 | -274,982,000 | -194,766,000 | -165,162,000 | -157,606,000 | -201,942,000 | -216,484,000 | -223,411,000 | -311,969,000 | -273,774,000 | -235,222,000 | -185,806,000 | -54,638,000 | -45,013,000 | -38,330,000 | -42,653,000 | -47,448,000 |
| Net Income Margin | 100.0% | - | -0.26 | -0.33 | -0.39 | -0.33 | -0.28 | -0.21 | -0.18 | -0.18 | -0.24 | -0.28 | -0.31 | -0.46 | -0.44 | -0.41 | - | - | - | - | - | - |
| Free Cashflow | -100.0% | - | 27,263,000 | -828,000 | -29,548,000 | 210,000 | -36,486,000 | -27,862,000 | 26,928,000 | 29,339,000 | 42,175,000 | 23,087,000 | 19,198,000 | -20,209,000 | -42,002,000 | -65,395,000 | - | - | - | - | - | - |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Assets | -10.8% | 1,538 | 1,725 | 1,811 | 1,910 | 2,033 | 2,073 | 2,109 | 2,033 | 2,049 | 1,556 | 1,544 | 1,553 | 1,233 | 1,182 | 1,187 | 1,214 | 1,332 | 864 | 807 | 811 | 825 |
| Current Assets | -12.4% | 226 | 258 | 322 | 395 | 419 | 429 | 394 | 1,115 | 1,136 | 638 | 605 | 636 | 325 | 275 | 261 | 295 | 348 | 522 | 522 | 532 | 554 |
| Cash Equivalents | -43.4% | 53.00 | 94.00 | 168 | 170 | 238 | 234 | 250 | 951 | 971 | 505 | 519 | 500 | 213 | 157 | 190 | 171 | 233 | 424 | 450 | 442 | 489 |
| Net PPE | -3.3% | 43.00 | 44.00 | 46.00 | 46.00 | 51.00 | 50.00 | 49.00 | 48.00 | 50.00 | 51.00 | 53.00 | 54.00 | 55.00 | 56.00 | 58.00 | 56.00 | 57.00 | 54.00 | 52.00 | 52.00 | 50.00 |
| Goodwill | -2.7% | 713 | 732 | 735 | 733 | 788 | 805 | 835 | 414 | 417 | 415 | 416 | 408 | 406 | 405 | 418 | 414 | 489 | 61.00 | 62.00 | 63.00 | 65.00 |
| Liabilities | -1.6% | 1,245 | 1,266 | 1,309 | 1,416 | 1,428 | 1,420 | 1,280 | 1,154 | 1,132 | 645 | 603 | 601 | 553 | 526 | 476 | 481 | 471 | 170 | 102 | 119 | 132 |
| Current Liabilities | -5.8% | 296 | 314 | 279 | 383 | 404 | 392 | 334 | 300 | 292 | 275 | 237 | 247 | 213 | 203 | 156 | 165 | 159 | 102 | 68.00 | 84.00 | 97.00 |
| LT Debt, Non Current | 0.2% | 856 | 854 | 929 | 928 | 928 | 927 | 845 | 743 | 742 | 280 | 273 | 268 | 263 | 245 | 247 | 246 | 245 | - | 4.00 | - | - |
| Shareholder's Equity | -36.1% | 294 | 460 | 502 | 494 | 606 | 653 | 829 | 879 | 917 | 910 | 941 | 952 | 679 | 656 | 711 | 733 | 861 | 695 | 705 | 692 | 693 |
| Retained Earnings | -14.1% | -1,407 | -1,234 | -1,179 | -1,168 | -1,046 | -983 | -890 | -823 | -763 | -741 | -695 | -658 | -605 | -539 | -479 | -434 | -293 | -265 | -244 | -249 | -239 |
| Additional Paid-In Capital | 0.7% | 1,728 | 1,716 | 1,701 | 1,684 | 1,668 | 1,645 | 1,736 | 1,715 | 1,688 | 1,662 | 1,647 | 1,630 | 1,306 | 1,219 | 1,197 | 1,180 | 1,161 | 969 | 958 | 948 | 937 |
| Shares Outstanding | 1.7% | 81.00 | 80.00 | 78.00 | 78.00 | 77.00 | 76.00 | 76.00 | 75.00 | 74.00 | 74.00 | 72.00 | 69.00 | 64.00 | 64.00 | 64.00 | 63.00 | 61.00 | 58.00 | 56.00 | 58.00 | 54.00 |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Cashflow From Operations | -143.0% | -16.53 | 38.00 | 11.00 | -16.38 | 13.00 | -25.77 | -18.07 | 33.00 | 34.00 | 47.00 | 30.00 | 27.00 | -10.67 | -29.31 | -51.97 | -62.74 | -30.87 | -16.82 | -3.12 | 8.00 | -3.96 |
| Share Based Compensation | -16.2% | 59.00 | 70.00 | 80.00 | 86.00 | 95.00 | 97.00 | 98.00 | 93.00 | 90.00 | 86.00 | 82.00 | 79.00 | 74.00 | 63.00 | 52.00 | 43.00 | 35.00 | 34.00 | 31.00 | 30.00 | 29.00 |
| Cashflow From Investing | 11.5% | -59.20 | -66.86 | -69.35 | -834 | -833 | -792 | -793 | -29.59 | -27.09 | -65.28 | -69.32 | -68.68 | -80.54 | -476 | -451 | -452 | -465 | -72.83 | -102 | -99.98 | -168 |
| Cashflow From Financing | -1.5% | -95.86 | -94.47 | -6.92 | 90.00 | 91.00 | 549 | 545 | 449 | 750 | 364 | 368 | 371 | 72.00 | 241 | 245 | 245 | 241 | 333 | 333 | 332 | 524 |
TWOU Income Statement
2023-06-30Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
| Income Statement [Abstract] | ||||
| Total revenue | $ 222,089 | $ 241,464 | $ 460,593 | $ 494,793 |
| Costs and expenses | ||||
| Curriculum and teaching | 34,102 | 32,145 | 66,942 | 65,375 |
| Servicing and support | 33,585 | 37,061 | 69,694 | 76,685 |
| Technology and content development | 44,250 | 45,616 | 89,734 | 96,673 |
| Marketing and sales | 95,882 | 116,350 | 196,057 | 247,332 |
| General and administrative | 32,657 | 41,523 | 71,907 | 91,758 |
| Restructuring charges | 3,622 | 16,753 | 8,497 | 17,540 |
| Impairment charges | 134,117 | 0 | 134,117 | 58,782 |
| Total costs and expenses | 378,215 | 289,448 | 636,948 | 654,145 |
| Loss from operations | (156,126) | (47,984) | (176,355) | (159,352) |
| Interest income | 371 | 241 | 736 | 498 |
| Interest expense | (17,916) | (13,906) | (35,873) | (27,796) |
| Debt modification expense and loss on debt extinguishment | 0 | 0 | (16,735) | 0 |
| Other income (expense), net | 227 | (1,367) | 834 | (2,397) |
| Loss before income taxes | (173,444) | (63,016) | (227,393) | (189,047) |
| Income tax (expense) benefit | (210) | 164 | (323) | 415 |
| Net loss | $ (173,654) | $ (62,852) | $ (227,716) | $ (188,632) |
| Net loss per share, basic (in dollars per share) | $ (2.16) | $ (0.82) | $ (2.85) | $ (2.46) |
| Net loss per share, diluted (in dollars per share) | $ (2.16) | $ (0.82) | $ (2.85) | $ (2.46) |
| Weighted-average shares of common stock outstanding, basic (in shares) | 80,560,755 | 77,059,157 | 79,939,048 | 76,667,681 |
| Weighted-average shares of common stock outstanding, diluted (in shares) | 80,560,755 | 77,059,157 | 79,939,048 | 76,667,681 |
| Other comprehensive loss | ||||
| Foreign currency translation adjustments, net of tax of $0 for all periods presented | $ (4,001) | $ (7,674) | $ (7,304) | $ (345) |
| Comprehensive loss | $ (177,655) | $ (70,526) | $ (235,020) | $ (188,977) |
TWOU Balance Sheet
2023-06-30Condensed Consolidated Balance Sheets - USD ($) $ in Thousands | Jun. 30, 2023 | Dec. 31, 2022 |
|---|---|---|
| Current assets | ||
| Cash and cash equivalents | $ 53,301 | $ 167,518 |
| Restricted cash | 13,398 | 15,060 |
| Accounts receivable, net | 87,347 | 62,826 |
| Other receivables, net | 29,685 | 33,813 |
| Prepaid expenses and other assets | 42,131 | 43,090 |
| Total current assets | 225,862 | 322,307 |
| Other receivables, net, non-current | 16,369 | 14,788 |
| Property and equipment, net | 42,691 | 45,855 |
| Right-of-use assets | 67,501 | 72,361 |
| Goodwill | 712,858 | 734,620 |
| Intangible assets, net | 403,440 | 549,755 |
| Other assets, non-current | 69,696 | 71,173 |
| Total assets | 1,538,417 | 1,810,859 |
| Current liabilities | ||
| Accounts payable and accrued expenses | 122,010 | 110,020 |
| Deferred revenue | 107,189 | 90,161 |
| Lease liability | 14,735 | 13,909 |
| Accrued restructuring liability | 2,424 | 6,692 |
| Other current liabilities | 49,477 | 58,210 |
| Total current liabilities | 295,835 | 278,992 |
| Long-term debt | 856,399 | 928,564 |
| Deferred tax liabilities, net | 315 | 282 |
| Lease liability, non-current | 90,404 | 99,709 |
| Other liabilities, non-current | 1,946 | 1,796 |
| Total liabilities | 1,244,899 | 1,309,343 |
| Commitments and contingencies (Note 5) | ||
| Stockholders’ equity | ||
| Preferred stock, $0.001 par value, 5,000,000 shares authorized, none issued | 0 | 0 |
| Common stock, $0.001 par value, 200,000,000 shares authorized, 80,957,654 shares issued and outstanding as of June 30, 2023; 78,334,666 shares issued and outstanding as of December 31, 2022 | 81 | 78 |
| Additional paid-in capital | 1,727,874 | 1,700,855 |
| Accumulated deficit | (1,407,688) | (1,179,972) |
| Accumulated other comprehensive loss | (26,749) | (19,445) |
| Total stockholders’ equity | 293,518 | 501,516 |
| Total liabilities and stockholders’ equity | $ 1,538,417 | $ 1,810,859 |
2U, Inc. operates as an education technology company in the United States and internationally. The company operates through two segments, Degree Program and Alternative Credential. The Degree Program segment provides the technology and services to nonprofit colleges and universities to enable the online delivery of degree programs. This segment targets students seeking an undergraduate or graduate degree. The Alternative Credential segment offers online open courses, executive education programs, technical cources, skills-based boot camps, and micro-credential programs through nonprofit colleges and universities. This segment targets students seeking to reskill or upskill through shorter duration and lower-priced offerings. It also provides a platform that provides front-end and back-end cloud-based SaaS technology and technology-enabled services. The company was formerly known as 2Tor Inc. and changed its name to 2U, Inc. in October 2012. 2U, Inc. was incorporated in 2008 and is headquartered in Lanham, Maryland.