Udemy, Inc. operates a platform for teaching and learning skills in the United States and internationally. The company offers technical and business skills, and personal development courses for individual learners and enterprise customers. Its platform allows to access approximately 183,000 courses in 75 languages. The company was incorporated in 2010 and is headquartered in San Francisco, California.
IPO Year: 2021
Exchange: NASDAQ
Website: udemy.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/5/2025 | $9.00 | Underweight → Equal-Weight | Morgan Stanley |
| 4/7/2025 | $7.00 | Buy → Hold | Truist |
| 3/12/2025 | Outperform → Mkt Perform | William Blair | |
| 12/5/2024 | $10.00 | Sector Outperform | Scotiabank |
| 9/27/2024 | $10.00 → $7.50 | Equal-Weight → Underweight | Morgan Stanley |
| 8/8/2024 | $12.00 | Buy | Canaccord Genuity |
| 8/1/2024 | $8.50 | Buy → Neutral | BofA Securities |
| 10/19/2023 | $13.00 | Buy | BofA Securities |
| 7/18/2022 | $13.00 → $11.00 | Overweight → Neutral | Piper Sandler |
| 3/30/2022 | $22.00 | Overweight | Cantor Fitzgerald |
New packages help professionals and organizations upskill and reskill in AI to drive business outcomes Udemy (NASDAQ:UDMY), a leading AI-powered skills development platform, today announced a suite of new AI Packages designed to help organizations and professionals develop AI fluency. The new packages provide end-to-end skills development to accelerate an organization's AI transformation, underscoring Udemy's position as a trusted upskilling and reskilling partner to nearly 80 million learners and more than 17,000 organizations across the globe. "At Udemy, we believe that building the right AI skills, sharpening them over time, and keeping them up to date is the key to driving stronger
Human capital management technology leader, Ozzie Goldschmied, brings over 30 years of industry experience to accelerate Udemy's next chapter of global growth Founder Eren Bali transitions to Head of Innovation role focused on product vision and AI advancement Udemy (NASDAQ:UDMY), a leading AI-powered skills development platform with nearly 80 million users globally, announced today that Ozzie Goldschmied has been appointed Chief Technology Officer ("CTO"), effective immediately. Simultaneously, founder Eren Bali will transition to a newly created role as Head of Innovation, where he will focus on driving forward the company's product strategy with an emphasis on innovation and artifici
Together, the global job site and skills development platform will empower professionals to navigate their career journeys in the era of skills-based hiring Udemy (NASDAQ:UDMY), a leading AI-powered reskilling platform, and Indeed, the world's #1 job site and a leading job matching and hiring platform, today announced a partnership designed to create a seamless career pathway, empowering professionals to build in-demand skills to successfully secure top job opportunities. The collaboration offers professionals worldwide access to a curated ecosystem where newly acquired skills translate into targeted career opportunities. Udemy learners will receive special pricing for career services t
New facility enhances financial flexibility to invest in future growth initiatives Udemy (NASDAQ:UDMY), a leading AI-powered skills development platform with nearly 80 million users globally, today announced the closing of a new $200 million senior secured revolving credit facility ("the Facility"). The Facility, which matures on May 30, 2030, provides Udemy with enhanced financial flexibility to support its long-term strategic growth initiatives. The credit line remains undrawn at closing. Udemy enters into the agreement with no outstanding debt and a robust liquidity profile, including more than $350 million in cash, cash equivalents, and marketable securities as of March 31, 2025.
AI-powered simulations help build soft skills mastery through real-time coaching on key scenarios like interviews, communication, conflict resolution, and feedback delivery First AI-powered solution enabling organizations and creators to rapidly deliver and personalize interactive learning with AI Udemy (NASDAQ:UDMY), a leading AI-powered reskilling platform, today announced the launch of Role Play, a new AI-powered offering that helps learners develop real-world soft skills through immersive, instructor-designed conversation simulations. Role Play also enables organizations to design custom scenarios based on their specific business challenges, delivering personalized and contextual le
New Studio sparks a wave of experiments in modality, personalization, and skill building for the AI era Udemy (NASDAQ:UDMY), a leading AI-powered reskilling platform, today announced the launch of the Udemy Innovation Studio, a major milestone in the company's evolution from an online marketplace to a skills-first platform built for the age of AI. The Innovation Studio was created to fast-track the development and deployment of new AI capabilities across Udemy's two-sided platform, connecting millions of learners with a global community of expert content creators. It enables Udemy to rapidly prototype, test, and scale personalized, immersive, and outcome-oriented skilling experiences for
Fireside chat to be webcast live at 8:40 a.m. ET on May 14 Udemy (NASDAQ:UDMY), a leading AI-powered reskilling platform, today announced that Chief Executive Officer Hugo Sarrazin will participate in a fireside chat session during the 53rd Annual J.P. Morgan Global Technology, Media, and Communications Conference. On Wednesday, May 14, 2025 at 8:40 a.m. ET, a live webcast of the fireside chat discussion will be available through the "Events & Presentations" section of Udemy's investor relations website at https://investors.udemy.com/. An archived replay of the webcast will be available for approximately 30 days following the event. About Udemy Udemy (NASDAQ:UDMY) transforms lives throu
Exceeds high end of guidance ranges for Revenue and Adjusted EBITDA Launches Career Accelerators, AI-powered subscription learning paths to fast-track professional growth Udemy (NASDAQ:UDMY), a leading AI-powered reskilling platform, today reported results for the three-month period ended March 31, 2025. Udemy has provided a supplemental deck with earnings highlights, which is available for download on the "Quarterly Results" section of the Investor Relations website. Financial Results and Key Operating Data Summary (in millions, except customers, percentages, and basis points) Three Months Ended March 31, Change 2025 2024 YoY Revenue
Experienced SaaS executive to lead global customer success, support and operations, scaling global customer loyalty and strengthening focus on voice of the customer. Udemy (NASDAQ:UDMY), a leading online skills marketplace and learning platform, today announced the appointment of Neeracha Taychakhoonavudh as the company's first-ever Chief Customer Experience Officer (CCO). In this newly created role, Taychakhoonavudh will lead Udemy's Global Customer Success and Customer Operations teams, overseeing enterprise customer adoption, expansion and retention strategies to meet the evolving needs of the company's diverse, worldwide customer base. She will report directly to Udemy President & CEO
Conference call to be webcast live at 2 p.m. PT / 5 p.m. ET Udemy (NASDAQ:UDMY), a leading online skills marketplace and learning platform, today announced it will report its first quarter 2025 financial results after the close of market on Wednesday, April 30, 2025. Udemy will host a live conference call and webcast to discuss the results that afternoon at 2 p.m. PT / 5 p.m. ET. All earnings materials, including a link to the live webcast and recorded replay of the conference call, will be available on the "Quarterly Results" section of Udemy's Investor Relations website at https://investors.udemy.com/. The live call may also be accessed toll-free via telephone at (833) 630-1963 domestic
Morgan Stanley upgraded Udemy from Underweight to Equal-Weight and set a new price target of $9.00
Truist downgraded Udemy from Buy to Hold and set a new price target of $7.00
William Blair downgraded Udemy from Outperform to Mkt Perform
Scotiabank initiated coverage of Udemy with a rating of Sector Outperform and set a new price target of $10.00
Morgan Stanley downgraded Udemy from Equal-Weight to Underweight and set a new price target of $7.50 from $10.00 previously
Canaccord Genuity initiated coverage of Udemy with a rating of Buy and set a new price target of $12.00
BofA Securities downgraded Udemy from Buy to Neutral and set a new price target of $8.50
BofA Securities resumed coverage of Udemy with a rating of Buy and set a new price target of $13.00
Piper Sandler downgraded Udemy from Overweight to Neutral and set a new price target of $11.00 from $13.00 previously
Cantor Fitzgerald initiated coverage of Udemy with a rating of Overweight and set a new price target of $22.00
Exceeds high end of guidance ranges for Revenue and Adjusted EBITDA Launches Career Accelerators, AI-powered subscription learning paths to fast-track professional growth Udemy (NASDAQ:UDMY), a leading AI-powered reskilling platform, today reported results for the three-month period ended March 31, 2025. Udemy has provided a supplemental deck with earnings highlights, which is available for download on the "Quarterly Results" section of the Investor Relations website. Financial Results and Key Operating Data Summary (in millions, except customers, percentages, and basis points) Three Months Ended March 31, Change 2025 2024 YoY Revenue
Conference call to be webcast live at 2 p.m. PT / 5 p.m. ET Udemy (NASDAQ:UDMY), a leading online skills marketplace and learning platform, today announced it will report its first quarter 2025 financial results after the close of market on Wednesday, April 30, 2025. Udemy will host a live conference call and webcast to discuss the results that afternoon at 2 p.m. PT / 5 p.m. ET. All earnings materials, including a link to the live webcast and recorded replay of the conference call, will be available on the "Quarterly Results" section of Udemy's Investor Relations website at https://investors.udemy.com/. The live call may also be accessed toll-free via telephone at (833) 630-1963 domestic
Closes year with strong performance, driven by 18% full year Enterprise revenue growth Delivers record Adjusted EBITDA and completes $150 million share repurchase program Udemy (NASDAQ:UDMY), a leading online skills marketplace and learning platform, today reported results for the three- and twelve-month periods ended December 31, 2024. Udemy has provided a supplemental deck with earnings highlights, which is available for download on the "Quarterly Results" section of the Investor Relations website. Financial Results and Key Operating Data Summary (in millions, except customers, percentages, and basis points) Three Months Ended December 31,
Conference call to be webcast live at 2 p.m. PT / 5 p.m. ET Udemy (NASDAQ:UDMY), a leading online skills marketplace and learning platform, today announced it will report its fourth quarter and full year 2024 financial results after the close of market on Thursday, February 13, 2025. Udemy will host a live conference call and webcast to discuss the results that afternoon at 2 p.m. PT / 5 p.m. ET. All earnings materials, including a link to the live webcast and recorded replay of the conference call, will be available on the "Quarterly Results" section of Udemy's Investor Relations website at https://investors.udemy.com/. The live call may also be accessed toll-free via telephone at (833
Delivered stronger-than-expected profitability driven by disciplined approach to operational efficiency Surpassed $500 million in Udemy Business Annual Recurring Revenue Raises Full Year 2024 Outlook SAN FRANCISCO, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Udemy (NASDAQ:UDMY), a leading online skills marketplace and learning platform, today reported results for the three-month period ended September 30, 2024. Udemy has provided a supplemental deck with earnings highlights, which is available for download on the "Quarterly Results" section of the Investor Relations website. Third Quarter 2024 Financial Results and Key Operating Data Summary(in millions, except customers, percentages, and basis
SAN FRANCISCO, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Udemy (NASDAQ:UDMY), a leading online skills marketplace and learning platform, today announced it will report its third quarter 2024 financial results after the close of market on Tuesday, October 29, 2024. Udemy will host a live conference call and webcast to discuss the results that afternoon at 2 p.m. PT / 5 p.m. ET. All earnings materials, including a link to the live webcast and recorded replay of the conference call, will be available on the "Quarterly Results" section of Udemy's Investor Relations website at https://investors.udemy.com/. The live call may also be accessed toll-free via telephone at (833) 630-1963 domestically and
Delivered Q2 revenue at the high-end of guidance and exceeded Adjusted EBITDA expectations Udemy Business revenue increased 19% year-over-year, including the negative impact of 2 percentage points from changes in FX rates Surpassed milestone of one billion course enrollments since inception Announced strategic shift to focus on the highest-growth large enterprise customers which we expect to accelerate operational efficiency initiatives and drive significant margin expansion Targeting $130 to $150 million of Adjusted EBITDA for full year 2026 SAN FRANCISCO, July 31, 2024 (GLOBE NEWSWIRE) -- Udemy (NASDAQ:UDMY), a leading online skills marketplace and learning platform, today reported
SAN FRANCISCO, July 12, 2024 (GLOBE NEWSWIRE) -- Udemy (NASDAQ:UDMY), a leading online skills marketplace and learning platform, today announced it will report its second quarter 2024 financial results after the close of market on Wednesday, July 31, 2024. Udemy will host a live conference call and webcast to discuss the results that afternoon at 2 p.m. PT / 5 p.m. ET. A link to the live webcast and recorded replay of the conference call will be available on the "Quarterly Results" section of Udemy's Investor Relations website at https://investors.udemy.com/. The live call may also be accessed toll-free via telephone at (833) 630-1963 domestically and (412) 317-5702 internationally. The a
Udemy Business revenue grew 24% year-over-year Company now has more than 16,000 enterprise customers around the world Board authorizes $50 million expansion of share repurchase program to $150 million SAN FRANCISCO, May 02, 2024 (GLOBE NEWSWIRE) -- Udemy (NASDAQ:UDMY), a leading online skills marketplace and learning platform, today reported results for the three-month period ended March 31, 2024. First Quarter 2024 Financial Results and Key Operating Data Summary(in millions, except customers, percentages and basis points) Three Months Ended March 31, % Change 2024 2023 YoYRevenue $196.8 $176.4 12 %Gross Profit $120.6 $99.7 21 %Gross Margin 61 % 57 % 400 bpsNon-GAAP Gross
SAN FRANCISCO, April 12, 2024 (GLOBE NEWSWIRE) -- Udemy (NASDAQ:UDMY), a leading online skills marketplace and learning platform, today announced it will report its first quarter 2024 financial results after the close of market on Thursday, May 2, 2024. Udemy will host a live conference call and webcast to discuss the results that afternoon at 2 p.m. PT / 5 p.m. ET. A link to the live webcast and recorded replay of the conference call will be available on the "Quarterly Results" section of Udemy's Investor Relations website at https://investors.udemy.com/. The live call may also be accessed toll-free via telephone at (833) 630-1963 domestically and (412) 317-5702 internationally. The arch
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Human capital management technology leader, Ozzie Goldschmied, brings over 30 years of industry experience to accelerate Udemy's next chapter of global growth Founder Eren Bali transitions to Head of Innovation role focused on product vision and AI advancement Udemy (NASDAQ:UDMY), a leading AI-powered skills development platform with nearly 80 million users globally, announced today that Ozzie Goldschmied has been appointed Chief Technology Officer ("CTO"), effective immediately. Simultaneously, founder Eren Bali will transition to a newly created role as Head of Innovation, where he will focus on driving forward the company's product strategy with an emphasis on innovation and artifici
Experienced SaaS executive to lead global customer success, support and operations, scaling global customer loyalty and strengthening focus on voice of the customer. Udemy (NASDAQ:UDMY), a leading online skills marketplace and learning platform, today announced the appointment of Neeracha Taychakhoonavudh as the company's first-ever Chief Customer Experience Officer (CCO). In this newly created role, Taychakhoonavudh will lead Udemy's Global Customer Success and Customer Operations teams, overseeing enterprise customer adoption, expansion and retention strategies to meet the evolving needs of the company's diverse, worldwide customer base. She will report directly to Udemy President & CEO
Experienced SaaS and AI veteran to lead Udemy through its next phase of growth Company reaffirms financial outlook provided on February 13, 2025 Udemy (NASDAQ:UDMY), a leading online skills marketplace and learning platform, today announced the appointment of Hugo Sarrazin as President, Chief Executive Officer, and a member of the Board of Directors, effective immediately. Sarrazin will succeed Greg Brown, who, after four years of leadership at Udemy, will be transitioning to pursue new opportunities. Brown will continue to serve as a non-executive advisor through the end of the year to ensure a smooth transition. Udemy also announced that it is reaffirming its financial outlook provided
Marylou Maco brings more than 30 years of experience in driving revenue growth and expanding market share Debra Chrapaty brings 20 years of deep expertise in technology leadership and AI-powered innovation Udemy (NASDAQ:UDMY), a leading online skills marketplace and learning platform, today announced that Avaya Chief Revenue and Customer Experience Officer, Marylou Maco, and Toast Chief Technology Officer, Debra Chrapaty, have been appointed to its Board of Directors. "We are excited to welcome two experienced leaders, Marylou Maco and Debra Chrapaty, to our Board," said Sohaib Abbasi, Chairman of Udemy's Board of Directors. "Marylou and Debra have impressive track records at high-gro
Appointment of co-founder and longtime board member as CTO reflects Udemy's commitment to accelerating the company's product strategy, leading the evolution of learning with AI, and delivering innovation and value to all customers Udemy (NASDAQ:UDMY), a leading online skills marketplace and learning platform, today announced that Eren Bali, who co-founded Udemy in 2010 and served as the company's Chief Executive Officer (CEO) until 2014, has returned as Chief Technology Officer (CTO), effective August 12, 2024. Bali succeeds Venu Venugopal, who has served as Udemy's CTO since May 2019. Venugopal will continue serving in an advisory capacity to ensure a seamless transition. Bali will rep
Seasoned leader with strong track record of scaling enterprise businesses globally and accelerating revenue will oversee next stage of growth for Udemy Business Former Adobe and SAP executive to lead Udemy Business' global go-to-market strategy, expand partnerships and strengthen customer relationships Udemy (NASDAQ:UDMY), a leading online skills marketplace and learning platform, today announced it has appointed Rob Rosenthal as Chief Revenue Officer to lead Udemy Business, effective June 3, 2024. Rosenthal brings over 25 years of experience in the software industry, helping high-growth organizations accelerate revenues while scaling globally. Rosenthal will report directly to Udemy'
SAN FRANCISCO, July 27, 2023 (GLOBE NEWSWIRE) -- Udemy (NASDAQ:UDMY), a company dedicated to improving lives through learning, announced that it has appointed Prasad Raje as Chief Product Officer, effective August 14. In the newly created role, Raje will report directly to Udemy President and CEO Greg Brown and will oversee the design/user experience and product management as the company continues to scale globally, with a focus on accelerating the delivery of innovative, personalized and engaging immersive learning experiences across the platform. "Prasad's proven track record of leading product for high-performing, agile and customer-focused enterprise technology organizations makes him
SAN FRANCISCO, July 13, 2023 (GLOBE NEWSWIRE) -- Udemy (NASDAQ:UDMY), a company dedicated to improving lives through learning, announced that it has appointed Sohaib Abbasi as Independent Chair of its Board of Directors, effective immediately. Abbasi succeeds Jeff Lieberman, who has served as Interim Chair since March 2023. Lieberman will remain on the board as a director. The appointment of an Independent Chair further emphasizes Udemy's ongoing commitment to strong governance and shareholder interests. "Sohaib brings more than 30 years of industry and strategic leadership experience to Udemy's Board," said Udemy's President and CEO, Greg Brown. "As a former CEO and current board directo
SAN FRANCISCO, June 28, 2023 (GLOBE NEWSWIRE) -- Udemy (NASDAQ:UDMY), a company dedicated to improving lives through learning, today announced the appointment of Genefa Murphy to the newly created role of Chief Marketing Officer, effective July 10, 2023. In this role, Murphy will lead Udemy's worldwide marketing organization and will report directly to Udemy's President and CEO, Greg Brown. "I'm thrilled to welcome Genefa to Udemy's leadership team," said Brown. "We are at an exciting inflection point given the growth of our enterprise platform for professional learners and organizations, Udemy Business, which now accounts for more than half of our revenue. Genefa has a proven track rec
Chairman and CEO Gregg Coccari to retire at end of February 2023Udemy Business President Greg Brown promoted to CEO role and will join Board of DirectorsJeff Lieberman to be appointed Interim Chair of the Udemy Board of DirectorsCompany provides updated Q4 2022 outlookUdemy to webcast fireside chat with leadership on Thursday, January 12 SAN FRANCISCO, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Udemy (NASDAQ:UDMY), a leading destination for learning and teaching online, today announced Gregg Coccari will retire from his position as Chief Executive Officer (CEO) and Chairman of the Board, effective February 28, 2023. Additionally, Greg Brown, President of Udemy Business, will succeed Coccari as CEO