These Analysts Cut Their Forecasts On Coursera After Q3 Results

Coursera Inc (NYSE:COUR) on Thursday reported upbeat third-quarter financial results and issued fourth-quarter sales guidance below estimates.

Coursera posted adjusted earnings of 21 cents per share, beating market estimates of 18 cents per share. The company’s sales came in at $376.700 million beating expectations of $368.519 million.

Coursera said it sees fourth-quarter sales of $358.000 million to $366.000 million, versus estimates of $372.678 million.

“Organizations are investing at extraordinary scale in AI infrastructure, but the return on that investment depends on the people who know how to use it,” said Greg Hart, Coursera CEO. “Closing that skills gap is the opportunity we are positioning Coursera and Udemy to address, and we are on track to deliver our original 24-month synergy plan in just eight months as we create greater capacity to invest in innovation. Project Helix brings together the complementary strengths of Coursera and Udemy on an AI-native platform designed to deliver more personalized learning, verified skills pathways, and stronger connections between human capabilities and business outcomes.”

Coursera shares fell 7.1% to $4.33 in pre-market trading.

These analysts made changes to their price targets on Coursera following earnings announcement.

• Needham analyst Ryan MacDonald maintained the stock with a Buy and lowered the price target from $10 to $6.
• Keybanc analyst Devin Au downgraded the stock from Overweight to Sector Weight.
• JP Morgan analyst Bryan Smilek downgraded the stock from Overweight to Neutral and cut the price target from $8 to $5.

Considering buying COUR stock? Here’s what analysts think:

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