Company enters into agreement with its debtholders to eliminate over 50% of its debt and infuse approximately $110 million of new capital into the business, enabling 2U to invest further in its mission
All educational programs and services to continue seamlessly with no interruption for partners or learners
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/13/2024 | Buy → Hold | Needham | |
| 11/10/2023 | Outperform → Mkt Perform | Barrington Research | |
| 11/10/2023 | $5.30 → $1.50 | Overweight → Neutral | Cantor Fitzgerald |
| 8/9/2023 | $12.00 → $4.00 | Outperform → Neutral | Robert W. Baird |
| 4/27/2023 | $7.40 | Neutral → Overweight | Cantor Fitzgerald |
| 11/22/2022 | $8.00 | Neutral | Credit Suisse |
| 11/8/2022 | $8.00 → $7.00 | Underweight → Neutral | Piper Sandler |
| 7/25/2022 | $11.00 | Outperform → Neutral | Macquarie |
Company enters into agreement with its debtholders to eliminate over 50% of its debt and infuse approximately $110 million of new capital into the business, enabling 2U to invest further in its mission All educational programs and services to continue seamlessly with no interruption for partners or learners LANHAM, Md., July 25, 2024 /PRNewswire/ -- 2U, Inc. ("2U" or the "Company"), a global leader in online education, today announced that it has initiated a financial transaction to strengthen its balance sheet and position the Company to advance its mission of making high-quality education accessible to learners around the world. The Company has entered into a Restructuring Support Agreemen
LANHAM, Md., June 10, 2024 /PRNewswire/ -- 2U, Inc. (NASDAQ:TWOU), a leading online education platform company, today announced that it will proceed with a 1-for-30 reverse stock split ("Reverse Stock Split") of its outstanding shares of common stock (the "Common Stock") following approval by its Board of Directors. This ratio is within the range approved by stockholders at the annual meeting of 2U shareholders held on May 20, 2024. The Reverse Stock Split is expected to become effective at 5 p.m., Eastern Time, on June 13, 2024. 2U expects the Common Stock will begin trading on a post-split basis at the market open on June 14, 2024 under the symbol "TWOU" with the new CUSIP number 90214J 20
New degrees in teaching, speech pathology, and educational leadership designed to address critical workforce gaps, connect aspiring educators and health practitioners with high-quality training MALIBU, Calif. and LANHAM, Md. , May 16, 2024 /PRNewswire/ -- Pepperdine University and 2U, Inc. (NASDAQ:TWOU), a global leader in education technology and the company behind the online learning platform edX, today announced a significant expansion of their partnership with the development of six new online degree programs, many in licensure-based fields, including: a Master of Science in Education, a Master of Arts in Teaching, three doctoral programs in education, and a Master of Science in Speech-L
LANHAM, Md., May 2, 2024 /PRNewswire/ -- 2U, Inc. (NASDAQ:TWOU), a leading online education platform company, today reported financial and operating results for the quarter ended March 31, 2024. "With our leading position in the education industry, 2U has a significant opportunity to respond to and support the current technology moment, where advances in generative AI are driving strong demand for workforce development," said Paul Lalljie, Chief Executive Officer of 2U. "In order to make the most of this opportunity, we are focused on ensuring that we have the right operating model, an effective and efficient organization and cost structure, the right products, and a balance sheet that provi
LANHAM, Md., April 23, 2024 /PRNewswire/ -- 2U, Inc. (NASDAQ:TWOU) announced today that it will report its first quarter 2024 financial and operational results on Thursday, May 2, 2024. Paul Lalljie, Chief Executive Officer, and Matthew Norden, Chief Financial Officer, will hold an audio webcast and conference call at 4:30 p.m. ET to discuss the results. To pre-register, click here. To access the live webcast, visit investor.2u.com. To participate in the conference call by telephone from the U.S., dial 1-888-330-2446 (toll-free), or from outside the U.S., dial 1-240-789-2732 (toll), and provide conference ID number 1153388. A recording of the webcast will be posted to 2U's Investor Relations
LANHAM, Md., Feb. 12, 2024 /PRNewswire/ -- 2U, Inc. (NASDAQ:TWOU), a leading online education platform company, today reported financial and operating results for the quarter and full-year ended December 31, 2023. "I am proud to lead 2U through the next chapter of its journey," said Paul Lalljie, Chief Executive Officer of 2U. "We finished the year with strong performance, particularly in our executive education business, and a new organizational structure designed to enhance transparency and alignment across the company. We are resetting and enhancing our operations with renewed financial discipline. Looking ahead, we believe this renewed focus, along with our market-proven offerings, robus
4 - 2U, Inc. (0001459417) (Issuer)
4 - 2U, Inc. (0001459417) (Issuer)
4 - 2U, Inc. (0001459417) (Issuer)
Needham downgraded 2U from Buy to Hold
Barrington Research downgraded 2U from Outperform to Mkt Perform
Cantor Fitzgerald downgraded 2U from Overweight to Neutral and set a new price target of $1.50 from $5.30 previously
10-Q - 2U, Inc. (0001459417) (Filer)
8-K - 2U, Inc. (0001459417) (Filer)
8-K - 2U, Inc. (0001459417) (Filer)
SC 13G/A - 2U, Inc. (0001459417) (Subject)
SC 13G/A - 2U, Inc. (0001459417) (Subject)
SC 13G/A - 2U, Inc. (0001459417) (Subject)
Paul Lalljie Appointed CEO, Joins Board of Directors; Matthew Norden Appointed CFO Christopher "Chip" Paucek Departing as CEO and Member of the Board of Directors, Becoming Special Advisor LANHAM, Md., Nov. 17, 2023 /PRNewswire/ -- 2U, Inc. (NASDAQ:TWOU), a leading online education platform company, today announced a change of leadership to spearhead the next stage of its evolution as it focuses on improving operational efficiency and delivering profitable growth and cash flow. The Board of Directors has appointed Paul Lalljie, the company's current Chief Financial Officer, to succeed Christopher "Chip" Paucek as Chief Executive Officer and as a member of the Board of Directors, effective im