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How to Buy Udemy Stock

Udemy Inc

Udemy, Inc. operates a marketplace platform for teaching and learning skills in the United States and internationally.

Udemy stock last closed at $11.08, up 0.73% from the previous day, and has increased 29.14% in one year. It has overperformed other stocks in the Education & Training Services industry by 0.07 percentage points. Udemy stock is currently +35.62% from its 52-week low of $8.17, and -30.79% from its 52-week high of $16.01.

There are currently 158.09M shares of UDMY outstanding. The market capitalization of UDMY is $1.75B. In the past 24 hours, 549,455 UDMY shares were traded.

How to Buy Udemy Stock

Wondering how to invest in Udemy stock? Here's how.
  1. Choose where to buy Udemy stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you choose where to buy Udemy stock.
  2. Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Deposit money your brokerage account: Select your method of payment and add your details.
  4. Analyze Udemy stock: The Udemy ticker symbol is UDMY. Is Udemy stock a good investment? Should you buy shares of UDMY? How do UDMY's underlying business fundamentals look? Do top analysts think Udemy is a good buy? Why has UDMY's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if UDMY is a good stock to buy).
  5. Place your UDMY trade: Decide if you will purchase UDMY shares at the current market price or use a limit order to purchase UDMY stock at a specific price.
  6. Get updates on your investment in UDMY: Create a watchlist to important notifications about your new investment in Udemy stock.

Step 1: Choose where to buy Udemy stock

You need a brokerage account to access the NASDAQ market and buy UDMY shares.

A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Open your brokerage account

Now that you've picked your brokerage, the next step is to fill out some personal details so you can buy UDMY today.

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Step 3: Deposit money your brokerage account

Now that you've finished signing up on the greatest app to buy stocks, you need to deposit funds:

Check out the video below for more details transferring funds into your new investment account.

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Step 4: Analyze Udemy stock

Once you have selected the best place to buy Udemy stock, it's very important to research their stock before you invest, so you actually comprehend the risk as well as the upside.

Udemy stock quick numbers

UDMY Price
$11.08
1w %
-1.77%
1y %
29.14%
5y %
N/A
P/E
-15.61x
P/B
4.91x
P/S
2.28x
PEG
N/A
Revenue
$728.94M
Earnings
-$107.29M
Fore. Rev. Growth
12.09%
Fore. Earn. Growth
N/A
Market Cap
$1.75B
Next Earnings
May 1, 2024
Next Dividend
N/A

UDMY Due Diligence Checks

WallStreetZen was created to help part-time investors do better fundamental analysis.

You can see all of the due diligence checks on UDMY's stock page.

Is UDMY stock overvalued?

Analysts use many financial metrics, analyses, models, and charts to gauge UDMY's fair value.

Using relative valuations metrics:

  • UDMY may be overvalued based on its P/B ratio of 4.91x, relative to Education & Training Services industry P/B ratio of 2.08x

You can do more valuation analysis on UDMY's stock here.

UDMY Financial Overview

Passed Health Checks:

  • UDMY has cash burn of 15071000. It has enough cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than short-term liabilities on the UDMY balance sheet.
  • UDMY has $480.27M in cash and short term investments. This is sufficient to cover its annual cash burn of $15.07M.
  • There are more short-term assets than long-term liabilities on the UDMY balance sheet.
  • UDMY profit margin has gone up from -24.5% to -14.7% in the past year.

Failed Health Checks:

  • UDMY has a relatively high debt to equity ratio of 1.08.

Is Udemy stock a Buy, Hold, or Sell, according to analysts?

Out of 6 Equities analysts who give ratings on UDMY, the consensus analyst rating on UDMY is a Strong Buy

It's important to note that analyst forecasts are not stock recommendations, nor are they investment advice.

Most Recent UDMY Analyst Forecasts

Josh Baer, a top 44% analyst from Morgan Stanley maintains UDMY with a hold rating and raises their UDMY price target from $12.00 to $15.00, on Nov 7, 2023.

Curtis Nagle, a top 14% analyst from Bank of America reinstates UDMY with a strong buy rating and announces their UDMY price target of $13.00, on Oct 19, 2023.

You can dig deeper into what analysts are saying on the Udemy stock forecast page.

UDMY Trading Indicators

SMA10
11.07
SMA20
11.08
SMA50
12.25
SMA100
13.15
SMA200
11.69
MACD
-0.28
MACD Signal
-0.37
MACD Histogram
0.09
RSI
41.62
Stochastic %K
22.49
Stochastic %D
26.64
StochRSI %K
55.19
StochRSI %D
55.57

How is UDMY performing as a company?

Last year, UDMY revenue was $728.94M. Over the last four year, UDMY's revenue has grown by 27.44% per year. This was faster than the Education & Training Services industry average of 10.67%.

Learn more about UDMY's earnings and revenue performance here.

What are UDMY insiders up to?

Over the last year, executives and large shareholders at UDMY have sold more shares than they have bought.

Eren Bali, Director of UDMY, was the latest UDMY insider to sell. They sold $164,550.00 worth of UDMY stock on Mar 15, 2024.

Learn more about who owns UDMY shares here.

Can I get consistent income from UDMY stock?

No, Udemy doesn't provide an income stream by paying out dividends.

UDMY Social Trading Data

One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to find out what other investors have to say.

Step 5: Place your UDMY trade

You have two main order types:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are mostly sufficient.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a specific dollar amount, use a limit order.

Click the Open button and your broker will execute your order.

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Step 6: Get updates on your investment in UDMY

Now that you own some shares in UDMY, you'll want to keep up with your shares.

Add UDMY to a watchlist to keep track of your UDMY stock.

UDMY Feed

How to Buy Stock in Udemy

To summarize, here are the 6 steps you need to take to buy Udemy stock right now:

  1. Choose where to buy Udemy stock
  2. Open your brokerage account
  3. Deposit money your brokerage account
  4. Analyze Udemy stock
  5. Place your UDMY trade
  6. Get updates on your investment in UDMY

If you require a place to buy stocks, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep track of your investment in Udemy, hit the button below to create your watchlist.

NASDAQ: UDMY
$11.08+0.08 (+0.73%)
Updated Mar 27, 2024
Open eToro Account
NASDAQ: UDMY
$11.08+0.08 (+0.73%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one Udemy share?

As of Mar 27, 2024, it costs $11.08 to buy one share of Udemy stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $5, you can buy 0.451 shares of UDMY.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Udemy stock?

According to 6 Wall Street analysts who monitor Udemy, their consensus recommendation is to buy Udemy stock.

What is the best way to buy Udemy stock?

One way to place an order for Udemy stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.