NASDAQ: UDMY

Udemy Inc Stock Forecast, Predictions & Price Target

The consensus among 6 Wall Street analysts covering (NASDAQ: UDMY) stock is to Buy UDMY stock.

Out of 6 analysts, 3 (50%) are recommending UDMY as a Strong Buy, 1 (16.67%) are recommending UDMY as a Buy, 2 (33.33%) are recommending UDMY as a Hold, 0 (0%) are recommending UDMY as a Sell, and 0 (0%) are recommending UDMY as a Strong Sell.

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(NASDAQ: UDMY) Udemy's forecast annual revenue growth rate of 9.25% is not forecast to beat the US Education & Training Services industry's average forecast revenue growth rate of 12.81%, and while it is forecast to beat the US market's average forecast revenue growth rate of 6.64%.

Udemy's revenue in 2023 is $704,722,000.On average, 7 Wall Street analysts forecast UDMY's revenue for 2023 to be $111,172,732,757, with the lowest UDMY revenue forecast at $111,071,841,990, and the highest UDMY revenue forecast at $111,363,167,914. On average, 7 Wall Street analysts forecast UDMY's revenue for 2024 to be $127,801,616,533, with the lowest UDMY revenue forecast at $126,466,117,163, and the highest UDMY revenue forecast at $128,781,391,617.

In 2025, UDMY is forecast to generate $148,370,300,116 in revenue, with the lowest revenue forecast at $144,804,317,470 and the highest revenue forecast at $151,872,804,377.

According to 6 Wall Street analysts that have issued a 1 year UDMY price target, the average UDMY price target is $14.50, with the highest UDMY stock price forecast at $20.00 and the lowest UDMY stock price forecast at $11.00.

On average, Wall Street analysts predict that Udemy's share price could fall to $14.50 by Nov 7, 2024. The average Udemy stock price prediction forecasts a potential downside of 3.2% from the current UDMY share price of $14.98.

(NASDAQ: UDMY) forecast ROE is N/A, which is considered weak.