Coursera Reports First Quarter 2024 Financial Results

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Coursera Inc (COUR) PT Lowered to $21 at Cantor Fitzgerald

April 30, 2024 6:33 AM EDT

Cantor Fitzgerald analyst Brett Knoblauch lowered the price target on Coursera Inc (NYSE: COUR) to $21.00 (from $26.00) while maintaining a Overweight rating.

The analyst comments "We are lowering our FY24/FY25 revenue estimates by 4.5%/4.0% and lowering our adjusted EBITDA estimates by 16.1%/20.6% off... More

Coursera Inc (COUR) PT Lowered to $18 at RBC Capital

April 30, 2024 6:29 AM EDT

RBC Capital analyst Rishi Jaluria lowered the price target on Coursera Inc (NYSE: COUR) to $18.00 (from $25.00) while maintaining a Outperform rating.

The analyst comments "Coursera reported disappointing results, leading shares down 11% AMC. 2024 revenue guidance was lowered by 5% on Consumer demand softening, as... More

Coursera Inc (COUR) PT Lowered to $12 at UBS

April 30, 2024 6:03 AM EDT

UBS analyst Jennifer Swanson Lowe lowered the price target on Coursera Inc (NYSE: COUR) to $12.00 (from $21.00) while maintaining a Neutral rating.

The analyst comments "SoFi reported adjusted net revenue of $581mm (~4% above Street) driven by beats in Lending and Other revenue, while Financial Services and Technology Platform missed. Adjusted EBITDA of $144mm came in... More

Coursera Inc (COUR) PT Lowered to $10.50 at Goldman Sachs

April 30, 2024 5:06 AM EDT

Goldman Sachs analyst Eric Sheridan lowered the price target on Coursera Inc (NYSE: COUR) to $10.50 (from $15.00) while maintaining a Sell rating.

The analyst comments "With Courseras Q1 24 earnings report, management framed a few key themes: 1) Q1 revenue disappointed (which is being extended to forward commentary & guidance) based on elements of lower user funnel... More