UDMY - Udemy, Inc. Stock Price, Fair Value and News

10.18USD+0.27 (+2.72%)Market Closed

Market Summary

USD10.18+0.27

Market Closed

2.72%

UDMY Alerts

1 major insider sales recently.

UDMY Stock Price

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UDMY RSI Chart

UDMY Valuation

Market Cap

1.6B

Price/Earnings (Trailing)

-15

Price/Sales (Trailing)

2.21

EV/EBITDA

-16.65

Price/Free Cashflow

-610.29

UDMY Price/Sales (Trailing)

UDMY Profitability

EBT Margin

-14.22%

Return on Equity

-30.06%

Return on Assets

-14.48%

Free Cashflow Yield

-0.16%

UDMY Fundamentals

UDMY Revenue

Revenue (TTM)

728.9M

Rev. Growth (Yr)

14.65%

Rev. Growth (Qtr)

2.61%

UDMY Earnings

Earnings (TTM)

-107.3M

Earnings Growth (Yr)

61.18%

Earnings Growth (Qtr)

-20.76%

Breaking Down UDMY Revenue

Last 7 days

2.6%

Last 30 days

-8.1%

Last 90 days

-29.2%

Trailing 12 Months

16.6%

How does UDMY drawdown profile look like?

UDMY Financial Health

Current Ratio

1.66

UDMY Investor Care

Shares Dilution (1Y)

8.50%

Diluted EPS (TTM)

-0.71

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	653.3M	678.4M	704.7M	728.9M
2022	543.3M	570.3M	599.2M	629.1M
2021	451.3M	472.8M	494.2M	515.7M
2020	0	0	353.1M	429.9M
2019	0	0	0	276.3M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Udemy, Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 01, 2024	bali eren	sold	-164,400	10.96	-15,000	-
Mar 31, 2024	abbasi sohaib	acquired	-	-	2,276	-
Mar 31, 2024	paterson lydia	acquired	-	-	1,366	-
Mar 15, 2024	hirschman kenneth	acquired	-	-	42,857	general counsel
Mar 15, 2024	brown gregory scott	acquired	-	-	207,142	president and ceo
Mar 15, 2024	bali eren	sold	-164,550	10.97	-15,000	-
Mar 15, 2024	brown gregory scott	sold (taxes)	-328,478	10.95	-29,998	president and ceo
Mar 15, 2024	blanchard sarah	sold (taxes)	-143,576	10.95	-13,112	chief financial officer
Mar 15, 2024	raje prasad	acquired	-	-	53,571	chief product officer
Mar 15, 2024	venugopal venu	sold (taxes)	-138,408	10.95	-12,640	chief technology officer

Which funds bought or sold UDMY recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 25, 2024	Bank of New York Mellon Corp	reduced	-11.27	-1,571,620	3,069,690	-%
Apr 25, 2024	Seven Post Investment Office LP	new	-	207,676	207,676	0.05%
Apr 25, 2024	SIMPLEX TRADING, LLC	sold off	-100	-13,000	-	-%
Apr 25, 2024	Lindbrook Capital, LLC	unchanged	-	-319	933	-%
Apr 25, 2024	Zurcher Kantonalbank (Zurich Cantonalbank)	unchanged	-	-52,136	152,655	-%
Apr 24, 2024	Assenagon Asset Management S.A.	new	-	636,203	636,203	-%
Apr 23, 2024	AMALGAMATED BANK	reduced	-76.53	-155,000	33,000	-%
Apr 23, 2024	Summit Trail Advisors, LLC	added	90.48	114,824	388,286	0.01%
Apr 23, 2024	Venturi Wealth Management, LLC	unchanged	-	-11,262	32,973	-%
Apr 22, 2024	Raymond James Financial Services Advisors, Inc.	new	-	217,075	217,075	-%

Are Funds Buying or Selling UDMY?

Are funds buying UDMY calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own UDMY

No. of Funds

UDMY Alerts

1 major insider sales recently.

Unveiling Udemy, Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	caledonia (private) investments pty ltd	6.16%	9,439,495	SC 13G/A
Feb 13, 2024	vanguard group inc	6.10%	9,355,870	SC 13G
Feb 09, 2024	insight holdings group, llc	0.6%	984,909	SC 13G/A
Feb 14, 2023	caledonia (private) investments pty ltd	5.48%	7,737,740	SC 13G
Feb 14, 2023	stripes holdings, llc	2.44%	3,451,905	SC 13G/A
Feb 14, 2023	norwest venture partners xii, lp	4.4%	6,229,466	SC 13G/A
Feb 14, 2022	prosus n.v.	12.3%	17,120,840	SC 13G
Feb 14, 2022	norwest venture partners xii, lp	8.97%	12,458,934	SC 13G
Feb 14, 2022	stripes holdings, llc	4.97%	6,903,905	SC 13G
Feb 10, 2022	grace software cross fund holdings, llc	0.8%	1,088,764	SC 13G

Recent SEC filings of Udemy, Inc.

View All Filings

Date Filed	Form Type	Document
Apr 12, 2024	ARS	ARS
Apr 11, 2024	DEF 14A	DEF 14A
Apr 11, 2024	DEFA14A	DEFA14A
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Mar 19, 2024	4	Insider Trading
Mar 19, 2024	4	Insider Trading
Mar 19, 2024	4	Insider Trading
Mar 19, 2024	4	Insider Trading

Peers (Alternatives to Udemy, Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MID-CAP
LOPE	4.0B	960.9M	-2.17%	14.28%	19.34	4.12	5.44%	11.07%
GHC	3.3B	4.4B	-5.18%	23.05%	16.19	0.75	12.50%	206.04%
STRA	3.0B	1.2B	16.32%	34.40%	29.31	2.55	9.72%	169.91%
LRN	2.9B	2.0B	5.97%	57.76%	15.7	1.46	9.97%	65.59%
LAUR	2.3B	1.5B	2.00%	20.44%	21.67	1.57	19.48%	55.00%
COUR	1.9B	635.8M	-14.85%	14.31%	-16.13	2.96	21.39%	33.53%
SMALL-CAP
ATGE	1.9B	1.5B	-4.07%	22.30%	16.41	1.3	3.69%	-68.86%
CHGG	733.0M	716.3M	-6.07%	-60.73%	40.32	1.02	-6.60%	-93.18%
LINC	320.8M	378.1M	-2.70%	69.75%	12.34	0.85	8.55%	105.78%
APEI	250.3M	600.5M	-2.72%	135.97%	-4.7	0.42	-0.95%	53.67%

Udemy, Inc. News

Latest updates

Udemy, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)															(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2019Q4
Revenue	2.6%	189,545,000	184,722,000	178,240,000	176,430,000	165,330,000	158,432,000	153,112,000	152,223,000	135,451,000	129,563,000	126,093,000	124,550,000	121,493,000	118,436,000	-
Gross Profit	2.2%	109,850,000	107,458,000	102,302,000	99,729,000	91,340,000	89,352,000	87,300,000	85,785,000	71,329,000	71,577,000	70,100,000	66,627,000	-	69,510,000	-
Operating Expenses	5.1%	135,510,000	128,954,000	129,764,000	147,006,000	145,436,000	132,603,000	115,827,000	111,101,000	112,274,000	81,127,000	81,074,000	83,065,000	-	66,986,000	-
S&GA Expenses	8.8%	83,218,000	76,492,000	77,371,000	79,657,000	88,558,000	77,490,000	68,421,000	66,878,000	70,624,000	52,258,000	50,902,000	53,239,000	-	46,045,000	-
R&D Expenses	-2.6%	29,506,000	30,307,000	29,635,000	30,887,000	29,961,000	28,062,000	23,963,000	22,570,000	19,208,500	16,703,000	14,783,000	15,413,000	-	11,945,000	-
EBITDA Margin	31.4%	-0.11	-0.16	-0.21	-0.23	-0.21	-0.20	-0.15	-0.13	-0.12	-0.11	-0.09	-0.14	-0.15	-0.15	-
Interest Expenses	-56.5%	54,000	124,000	80,000	488,000	356,000	1,018,000	8,000	2,000	148,000	61,000	4,000	53,000	-	64,000	-
Income Taxes	-10.1%	729,000	811,000	1,056,000	1,057,000	1,135,000	511,000	308,000	332,000	669,000	-545,000	154,000	905,000	-	495,000	-
Earnings Before Taxes	-22.3%	-19,519,000	-15,956,000	-24,679,000	-43,487,000	-51,018,000	-46,182,000	-29,072,000	-25,317,000	-40,715,000	-9,807,000	-11,237,000	-17,084,000	-	2,360,000	-
EBT Margin	25.9%	-0.14	-0.19	-0.24	-0.26	-0.24	-0.24	-0.18	-0.16	-0.15	-0.13	-0.11	-0.16	-0.17	-0.17	-
Net Income	-20.8%	-20,248,000	-16,767,000	-25,735,000	-44,544,000	-52,153,000	-46,693,000	-29,380,000	-25,649,000	-41,384,000	-9,262,000	-11,391,000	-17,989,000	-	1,865,000	-
Net Income Margin	25.5%	-0.15	-0.20	-0.25	-0.26	-0.24	-0.24	-0.19	-0.16	-0.16	-0.13	-0.11	-0.17	-0.18	-0.18	-
Free Cashflow	-165.1%	-7,465,000	11,475,000	13,348,000	-19,995,000	-30,852,000	-14,535,000	-3,003,000	-14,131,000	1,536,000	-5,378,000	6,094,000	-14,691,000	18,032,000	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet											(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2020Q4
Assets	0.6%	741	736	722	717	738	730	746	739	740	290	282
Current Assets	1.7%	632	622	605	595	615	608	622	617	642	206	237
Cash Equivalents	-6.8%	306	328	323	276	314	428	512	511	534	130	178
Net PPE	-10.9%	4.00	5.00	5.00	6.00	7.00	8.00	8.00	9.00	10.00	11.00	9.00
Goodwill	0%	13.00	13.00	13.00	13.00	13.00	13.00	13.00	13.00	13.00	13.00	-
Liabilities	-1.6%	384	391	389	392	398	374	371	358	350	282	269
Current Liabilities	-1.6%	380	386	384	383	387	358	354	340	341	277	264
Shareholder's Equity	3.2%	357	346	333	325	339	357	375	381	390	-	-260
Retained Earnings	-2.9%	-719	-699	-682	-656	-612	-560	-513	-484	-458	-417	-378
Additional Paid-In Capital	3.0%	1,077	1,045	1,016	982	952	917	889	865	848	150	118
Shares Outstanding	3.0%	157	153	150	147	145	140	140	139	55.00	38.00	33.00
Float	-	-	-	939	-	-	-	804	-	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)															(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2019Q4
Cashflow From Operations	-162.3%	-7,268	11,667	13,491	-19,895	-30,685	-13,837	-2,460	-13,975	2,317	-3,935	8,272	-13,758	-	-	-
Share Based Compensation	-1.6%	23,118	23,484	23,161	26,283	28,250	24,969	14,732	13,342	10,976	7,220	5,972	10,512	-	-	-
Cashflow From Investing	-101.8%	-20,980	-10,396	25,723	-19,319	-88,550	-72,335	-4,065	-8,277	-13,882	-29,020	-5,569	-4,222	-	-	-
Cashflow From Financing	72.7%	6,161	3,567	8,287	1,180	4,993	1,954	7,736	72.00	415,255	-65.00	1,203	2,241	-	-	-

UDMY Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Revenue	$ 728,937	$ 629,097	$ 515,657
Cost of revenue	309,598	275,320	236,024
Gross profit	419,339	353,777	279,633
Operating expenses
Sales and marketing	316,738	301,347	227,023
Research and development	120,335	104,556	66,107
General and administrative	93,898	99,064	64,410
Restructuring charges	10,263	0	0
Total operating expenses	541,234	504,967	357,540
Loss from operations	(121,895)	(151,190)	(77,907)
Other income (expense)
Interest income	20,670	5,548	204
Interest expense	(518)	(1,251)	(220)
Other expense, net	(1,898)	(4,696)	(920)
Total other income (expense), net	18,254	(399)	(936)
Net loss before taxes	(103,641)	(151,589)	(78,843)
Income tax provision	(3,653)	(2,286)	(1,183)
Net loss attributable to common stockholders	(107,294)	(153,875)	(80,026)
Net loss attributable to common stockholders	$ (107,294)	$ (153,875)	$ (80,026)
Net loss per share attributable to common stockholders
Basic (in dollars per share)	$ (0.71)	$ (1.09)	$ (1.46)
Diluted (in dollars per share)	$ (0.71)	$ (1.09)	$ (1.46)
Weighted-average shares used in computing net loss per share attributable to common stockholders
Basic (in shares)	150,098,776	140,873,504	54,972,827
Diluted (in shares)	150,098,776	140,873,504	54,972,827

UDMY Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 305,564	$ 313,685
Restricted cash, current	3,329	0
Marketable securities	171,372	151,687
Accounts receivable, net	92,555	104,530
Prepaid expenses and other current assets	20,924	14,878
Deferred contract costs, current	38,584	30,234
Total current assets	632,328	615,014
Property and equipment, net	4,439	7,012
Capitalized software, net	31,388	27,412
Operating lease right-of-use assets	5,691	11,377
Restricted cash, non-current	659	3,629
Deferred contract costs, non-current	35,790	35,411
Strategic investments	10,311	12,104
Intangible assets, net	5,223	9,331
Goodwill	12,646	12,646
Other assets	2,721	3,632
Total assets	741,196	737,568
Current liabilities:
Accounts payable	2,506	14,529
Accrued expenses and other current liabilities	27,778	31,247
Content costs payable	40,277	37,310
Accrued compensation and benefits	24,332	22,882
Operating lease liabilities, current	5,825	7,002
Deferred revenue, current	279,414	273,937
Total current liabilities	380,132	386,907
Operating lease liabilities, non-current	1,124	6,545
Deferred revenue, non-current	3,000	4,342
Other liabilities, non-current	48	464
Total liabilities	384,304	398,258
Note 8 – Commitments and contingencies
Stockholders' equity:
Preferred stock, $0.00001 par value - 50,000,000 shares authorized; zero shares issued and outstanding as of December 31, 2023, and December 31, 2022.	0	0
Common stock, $0.00001 par value - 950,000,000 shares authorized; 157,166,360 and 145,013,786 shares issued and outstanding as of December 31, 2023, and December 31, 2022, respectively.	2	1
Additional paid-in capital	1,076,508	951,946
Accumulated other comprehensive income (loss)	80	(233)
Accumulated deficit	(719,698)	(612,404)
Total stockholders’ equity	356,892	339,310
Total liabilities and stockholders' equity	$ 741,196	$ 737,568

About Udemy, Inc.

Udemy, Inc. operates a marketplace platform for learning skills in the United States and internationally. The company offers technical and business skills, and personal development courses for individual learners and enterprise customers. Its platform provides 59 million learners with access to approximately 2,00,000 courses through direct-to-consumer or Udemy Business offerings in approximately 75 languages. The company's courses offer learning objectives, such as reskilling or upskilling in technology and business, and soft skills, as well as learners receive access to interactive learning tools comprising quizzes, exercises, and instructor questions-and-answers. Udemy, Inc. was incorporated in 2010 and is headquartered in San Francisco, California.

CEO	Mr. Gregory Scott Brown
WEBSITE	udemy.com
INDUSTRY	Education & Training Services
EMPLOYEES	1678

Udemy, Inc. Frequently Asked Questions

What is the ticker symbol for Udemy, Inc.? What does UDMY stand for in stocks?

UDMY is the stock ticker symbol of Udemy, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Udemy, Inc. (UDMY)?

As of Fri Apr 26 2024, market cap of Udemy, Inc. is 1.61 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of UDMY stock?

You can check UDMY's fair value in chart for subscribers.

What is the fair value of UDMY stock?

You can check UDMY's fair value in chart for subscribers. The fair value of Udemy, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Udemy, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for UDMY so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Udemy, Inc. a good stock to buy?

The fair value guage provides a quick view whether UDMY is over valued or under valued. Whether Udemy, Inc. is cheap or expensive depends on the assumptions which impact Udemy, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for UDMY.

What is Udemy, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 26 2024, UDMY's PE ratio (Price to Earnings) is -15 and Price to Sales (PS) ratio is 2.21. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. UDMY PE ratio will change depending on the future growth rate expectations of investors.