The price trend for Coursera (COUR - Free Report) has been bearish lately and the stock has lost 7% over the past two weeks. However, the formation of a hammer chart pattern in its last trading session indicates that the stock could witness a trend reversal soon, as bulls might have gained significant control over the price to help it find support.
While the formation of a hammer pattern is a technical indication of nearing a bottom with potential exhaustion of selling pressure, rising optimism among Wall Street analysts about the future earnings of this online learning platform is a solid fundamental factor that enhances the prospects of a trend reversal for the stock.
Understanding Hammer Chart and the Technique to Trade ItThis is one of the popular price patterns in candlestick charting. A minor difference between the opening and closing prices forms a small candle body, and a higher difference between the low of the day and the open or close forms a long lower wick (or vertical line). The length of the lower wick being at least twice the length of the real body, the candle resembles a 'hammer.'
In simple terms, during a downtrend, with bears having absolute control, a stock usually opens lower compared to the previous day's close, and again closes lower. On the day the hammer pattern is formed, maintaining the downtrend, the stock makes a new low. However, after eventually finding support at the low of the day, some amount of buying interest emerges, pushing the stock up to close the session near or slightly above its opening price.
When it occurs at the bottom of a downtrend, this pattern signals that the bears might have lost control over the price. And, the success of bulls in stopping the price from falling further indicates a potential trend reversal.
Hammer candles can occur on any timeframe -- such as one-minute, daily, weekly -- and are utilized by both short-term as well as long-term investors.
Like every technical indicator, the hammer chart pattern has its limitations. Particularly, as the strength of a hammer depends on its placement on the chart, it should always be used in conjunction with other bullish indicators.
Here's What Makes the Trend Reversal More Likely for COURThere has been an upward trend in earnings estimate revisions for COUR lately, which can certainly be considered a bullish indicator on the fundamental side. That's because a positive trend in earnings estimate revisions usually translates into price appreciation in the near term.
Over the last 30 days, the consensus EPS estimate for the current year has increased 181.5%. What it means is that the sell-side analysts covering COUR are majorly in agreement that the company will report better earnings than they predicted earlier.
If this is not enough, you should note that COUR currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises. And stocks carrying a Zacks Rank #1 or 2 usually outperform the market. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Moreover, the Zacks Rank has proven to be an excellent timing indicator, helping investors identify precisely when a company's prospects are beginning to improve. So, for the shares of Coursera, a Zacks Rank of 2 is a more conclusive fundamental indication of a potential turnaround.
Coursera (COUR - Free Report) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 29. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis online learning platform is expected to post quarterly earnings of $0.11 per share in its upcoming report, which represents a year-over-year change of -8.3%.
Revenues are expected to be $294.06 million, up 57.2% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 2933.33% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Coursera?For Coursera, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. This has resulted in an Earnings ESP of 0%.
On the other hand, the stock currently carries a Zacks Rank of #2.
So, this combination makes it difficult to conclusively predict that Coursera will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Coursera would post earnings of $0.09 per share when it actually produced earnings of $0.07, delivering a surprise of -22.22%.
Over the last four quarters, the company has beaten consensus EPS estimates two times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Coursera doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Expected Results of an Industry PlayerAmong the stocks in the Zacks Technology Services industry, Mirion Technologies, Inc. (MIR - Free Report) , is soon expected to post earnings of $0.1 per share for the quarter ended June 2026. This estimate indicates a year-over-year change of -9.1%. This quarter's revenue is expected to be $272.14 million, up 22.1% from the year-ago quarter.
The consensus EPS estimate for Mirion Technologies has been revised 1.6% higher over the last 30 days to the current level. However, a higher Most Accurate Estimate has resulted in an Earnings ESP of +7.84%.
This Earnings ESP, combined with its Zacks Rank #4 (Sell), makes it difficult to conclusively predict that Mirion Technologies will beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates two times.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Coursera, Inc. (NYSE: COUR), a leading global online learning platform, today announced it will release its financial results for the second quarter ended June 30, 2026 after the U.S. stock market closes on Wednesday, July 29, 2026. The company will issue the results via a press release with accompanying consolidated financial information before holding a conference call broadcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time).
Conference Call Details
A live, audio-only webcast of the conference call and earnings release materials will be available to the public on the company’s investor relations website at investor.coursera.com. An archived replay will be accessible in the same location for one year.
Disclosure Information
In compliance with disclosure obligations under Regulation FD, Coursera announces material information to the public through a variety of means, including filings with the Securities and Exchange Commission (“SEC”), press releases, company blog posts, public conference calls, and webcasts, as well as via Coursera’s investor relations website.
About Coursera
Coursera was launched in 2012 by Andrew Ng and Daphne Koller with a mission to provide universal access to world-class learning. Coursera partners with leading university and industry partners to offer a broad catalog of content and credentials, including courses, Specializations, Professional Certificates, and degrees. Coursera’s platform innovations — including AI-powered personalized guide and features, like Role Play and Course Builder, and role-based solutions like Skills Tracks — enable instructors, partners, and companies to deliver scalable, personalized, and verified learning. Institutions worldwide rely on Coursera to upskill and reskill their employees, students, and citizens in high-demand fields such as GenAI, data science, technology, and business, while learners globally turn to Coursera to master the skills they need to advance their careers. Coursera is a Delaware public benefit corporation and a B Corp. Coursera recently combined with Udemy to create one of the world’s most comprehensive skills development platforms.
Investors looking for stocks in the Technology Services sector might want to consider either Coursera (COUR - Free Report) or Amplitude, Inc. (AMPL - Free Report) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.
We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight stocks with specific traits.
Coursera has a Zacks Rank of #2 (Buy), while Amplitude, Inc. has a Zacks Rank of #3 (Hold) right now. The Zacks Rank favors stocks that have recently seen positive revisions to their earnings estimates, so investors should rest assured that COUR has an improving earnings outlook. But this is just one factor that value investors are interested in.
Value investors also try to analyze a wide range of traditional figures and metrics to help determine whether a company is undervalued at its current share price levels.
Our Value category grades stocks based on a number of key metrics, including the tried-and-true P/E ratio, the P/S ratio, earnings yield, and cash flow per share, as well as a variety of other fundamentals that value investors frequently use.
COUR currently has a forward P/E ratio of 9.60, while AMPL has a forward P/E of 205.54. We also note that COUR has a PEG ratio of 0.23. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. AMPL currently has a PEG ratio of 4.95.
Another notable valuation metric for COUR is its P/B ratio of 1.53. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. For comparison, AMPL has a P/B of 4.63.
These metrics, and several others, help COUR earn a Value grade of B, while AMPL has been given a Value grade of D.
COUR is currently sporting an improving earnings outlook, which makes it stick out in our Zacks Rank model. And, based on the above valuation metrics, we feel that COUR is likely the superior value option right now.
Coursera (COUR - Free Report) closed the last trading session at $5.71, gaining 6.9% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $7.91 indicates a 38.5% upside potential.
The mean estimate comprises 11 short-term price targets with a standard deviation of $1.5. While the lowest estimate of $5.50 indicates a 3.7% decline from the current price level, the most optimistic analyst expects the stock to surge 75.1% to reach $10.00. It's very important to note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts.
While the consensus price target is a much-coveted metric for investors, solely banking on this metric to make an investment decision may not be wise at all. That's because the ability and unbiasedness of analysts in setting price targets have long been questionable.
However, an impressive consensus price target is not the only factor that indicates a potential upside in COUR. This view is strengthened by the agreement among analysts that the company will report better earnings than what they estimated earlier. Though a positive trend in earnings estimate revisions doesn't give any idea as to how much the stock could surge, it has proven effective in predicting an upside.
Price, Consensus and EPS Surprise
Here's What You May Not Know About Analysts' Price TargetsAccording to researchers at several universities across the globe, a price target is one of many pieces of information about a stock that misleads investors far more often than it guides. In fact, empirical research shows that price targets set by several analysts, irrespective of the extent of agreement, rarely indicate where the price of a stock could actually be heading.
While Wall Street analysts have deep knowledge of a company's fundamentals and the sensitivity of its business to economic and industry issues, many of them tend to set overly optimistic price targets. Are you wondering why?
They usually do that to drum up interest in shares of companies that their firms either have existing business relationships with or are looking to be associated with. In other words, business incentives of firms covering a stock often result in inflated price targets set by analysts.
However, a tight clustering of price targets, which is represented by a low standard deviation, indicates that analysts have a high degree of agreement about the direction and magnitude of a stock's price movement. While that doesn't necessarily mean the stock will hit the average price target, it could be a good starting point for further research aimed at identifying the potential fundamental driving forces.
That said, while investors should not entirely ignore price targets, making an investment decision solely based on them could lead to disappointing ROI. So, price targets should always be treated with a high degree of skepticism.
Why COUR Could Witness a Solid UpsideThere has been increasing optimism among analysts lately about the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher. And that could be a legitimate reason to expect an upside in the stock. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
Over the last 30 days, the Zacks Consensus Estimate for the current year has increased 181.5%, as four estimates have moved higher compared to no negative revision.
Moreover, COUR currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than 4,000 stocks that we rank based on four factors related to earnings estimates. Given an impressive externally-audited track record, this is a more conclusive indication of the stock's potential upside in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Therefore, while the consensus price target may not be a reliable indicator of how much COUR could gain, the direction of price movement it implies does appear to be a good guide.
Coursera gets a buy rating for my initial coverage, as a compelling growth idea driven by the Udemy merger and potential synergies. While not a dividend payer, Coursera has performed well in operating cashflow trends, and had a low D/E pre-merger, as did Udemy. COUR showed a steady growth trend of new learners over time.
Investors interested in Technology Services stocks are likely familiar with Coursera (COUR) and Amplitude, Inc. (AMPL). But which of these two stocks presents investors with the better value opportunity right now?
Coursera (COUR - Free Report) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.
The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.
The power of a changing earnings picture in determining near-term stock price movements makes the Zacks rating system highly useful for individual investors, since it can be difficult to make decisions based on rating upgrades by Wall Street analysts. These are mostly driven by subjective factors that are hard to see and measure in real time.
As such, the Zacks rating upgrade for Coursera is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price.
Most Powerful Force Impacting Stock PricesThe change in a company's future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term price movement of its stock. That's partly because of the influence of institutional investors that use earnings and earnings estimates for calculating the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their transaction of large amounts of shares then leads to price movement for the stock.
For Coursera, rising earnings estimates and the consequent rating upgrade fundamentally mean an improvement in the company's underlying business. And investors' appreciation of this improving business trend should push the stock higher.
Harnessing the Power of Earnings Estimate RevisionsAs empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, tracking such revisions for making an investment decision could be truly rewarding. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.
The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>> .
Earnings Estimate Revisions for CourseraThis online learning platform is expected to earn $0.55 per share for the fiscal year ending December 2026, which represents no year-over-year change.
Analysts have been steadily raising their estimates for Coursera. Over the past three months, the Zacks Consensus Estimate for the company has increased 106.3%.
Bottom LineUnlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of "buy" and "sell" ratings for its entire universe of more than 4,000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a "Strong Buy" rating and the next 15% get a "Buy" rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.
You can learn more about the Zacks Rank here >>>
The upgrade of Coursera to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.
Coursera (COUR - Free Report) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.
Analysts' growing optimism on the earnings prospects of this online learning platform is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. This insight is at the core of our stock rating tool -- the Zacks Rank.
The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008.
For Coursera, strong agreement among the covering analysts in revising earnings estimates upward has resulted in meaningful improvement in consensus estimates for the next quarter and full year.
The chart below shows the evolution of forward 12-month Zacks Consensus EPS estimate:
12 Month EPS
Current-Quarter Estimate RevisionsFor the current quarter, the company is expected to earn $0.10 per share, which is a change of -16.7% from the year-ago reported number.
Over the last 30 days, the Zacks Consensus Estimate for Coursera has increased 25% because three estimates have moved higher compared to no negative revisions.
Current-Year Estimate RevisionsFor the full year, the company is expected to earn $0.55 per share, representing a year-over-year change of +41.0%.
In terms of estimate revisions, the trend for the current year also appears quite encouraging for Coursera. Over the past month, three estimates have moved higher compared to no negative revisions, helping the consensus estimate increase 108.89%.
Favorable Zacks RankThanks to promising estimate revisions, Coursera currently carries a Zacks Rank #2 (Buy). The Zacks Rank is a tried-and-tested rating tool that helps investors effectively harness the power of earnings estimate revisions and make the right investment decision.
You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Our research shows that stocks with Zacks Rank #1 (Strong Buy) and 2 (Buy) significantly outperform the S&P 500.
Bottom LineCoursera shares have added 8.5% over the past four weeks, suggesting that investors are betting on its impressive estimate revisions. So, you may consider adding it to your portfolio right away to benefit from its earnings growth prospects.
Coursera (COUR - Free Report) closed the last trading session at $5.76, gaining 8.5% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $7.91 indicates a 37.3% upside potential.
The average comprises 11 short-term price targets ranging from a low of $5.50 to a high of $10.00, with a standard deviation of $1.5. While the lowest estimate indicates a decline of 4.5% from the current price level, the most optimistic estimate points to a 73.6% upside. More than the range, one should note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts.
While the consensus price target is a much-coveted metric for investors, solely banking on this metric to make an investment decision may not be wise at all. That's because the ability and unbiasedness of analysts in setting price targets have long been questionable.
But, for COUR, an impressive average price target is not the only indicator of a potential upside. Strong agreement among analysts about the company's ability to report better earnings than they predicted earlier strengthens this view. While a positive trend in earnings estimate revisions doesn't gauge how much a stock could gain, it has proven to be powerful in predicting an upside.
Price, Consensus and EPS Surprise
Here's What You May Not Know About Analysts' Price TargetsAccording to researchers at several universities across the globe, a price target is one of many pieces of information about a stock that misleads investors far more often than it guides. In fact, empirical research shows that price targets set by several analysts, irrespective of the extent of agreement, rarely indicate where the price of a stock could actually be heading.
While Wall Street analysts have deep knowledge of a company's fundamentals and the sensitivity of its business to economic and industry issues, many of them tend to set overly optimistic price targets. Are you wondering why?
They usually do that to drum up interest in shares of companies that their firms either have existing business relationships with or are looking to be associated with. In other words, business incentives of firms covering a stock often result in inflated price targets set by analysts.
However, a tight clustering of price targets, which is represented by a low standard deviation, indicates that analysts have a high degree of agreement about the direction and magnitude of a stock's price movement. While that doesn't necessarily mean the stock will hit the average price target, it could be a good starting point for further research aimed at identifying the potential fundamental driving forces.
That said, while investors should not entirely ignore price targets, making an investment decision solely based on them could lead to disappointing ROI. So, price targets should always be treated with a high degree of skepticism.
Here's Why There Could be Plenty of Upside Left in COURAnalysts' growing optimism over the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher, could be a legitimate reason to expect an upside in the stock. That's because empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
Over the last 30 days, the Zacks Consensus Estimate for the current year has increased 108.9%, as three estimates have moved higher compared to no negative revision.
Moreover, COUR currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than 4,000 stocks that we rank based on four factors related to earnings estimates. Given an impressive externally-audited track record, this is a more conclusive indication of the stock's potential upside in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Therefore, while the consensus price target may not be a reliable indicator of how much COUR could gain, the direction of price movement it implies does appear to be a good guide.
Coursera (COUR) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Coursera, Inc. (NYSE: COUR), a leading global online learning platform, has posted materials for today’s supplemental post-merger modeling call to its investor relations website at investor.coursera.com.
Conference Call Details
As previously announced, Coursera will hold a conference call where the company’s chief financial officer, Mike Foley, will provide an overview of the combined company’s full year 2026 financial profile following the close of its merger with Udemy, Inc. on May 11, 2026. Prepared remarks will be followed by an analyst question-and-answer session today, June 23, 2026, at 5:30 a.m. Pacific Time (8:30 a.m. Eastern Time).
A live, audio-only webcast of the conference call and supplemental materials can be found on our investor relations page at investor.coursera.com. For those unable to listen to the broadcast live, an archived replay will be accessible in the same location for one year.
Disclosure Information
In compliance with disclosure obligations under Regulation FD, Coursera announces material information to the public through a variety of means, including filings with the Securities and Exchange Commission (“SEC”), press releases, company blog posts, public conference calls, and webcasts, as well as via Coursera’s investor relations website.
About Coursera
Coursera was launched in 2012 by Andrew Ng and Daphne Koller with a mission to provide universal access to world-class learning. Coursera partners with leading university and industry partners to offer a broad catalog of content and credentials, including courses, Specializations, Professional Certificates, and degrees. Coursera’s platform innovations — including AI-powered personalized guide and features, like Role Play and Course Builder, and role-based solutions like Skills Tracks — enable instructors, partners, and companies to deliver scalable, personalized, and verified learning. Institutions worldwide rely on Coursera to upskill and reskill their employees, students, and citizens in high-demand fields such as GenAI, data science, technology, and business, while learners globally turn to Coursera to master the skills they need to advance their careers. Coursera is a Delaware public benefit corporation and a B Corp. Coursera recently combined with Udemy to create one of the world’s most comprehensive skills development platforms.
Coursera, Inc. (NYSE: COUR), a leading global online learning platform, has posted materials for today’s supplemental post-merger modeling call to its investor relations website at investor.coursera.com.
Conference Call Details
As previously announced, Coursera will hold a conference call where the company’s chief financial officer, Mike Foley, will provide an overview of the combined company’s full year 2026 financial profile following the close of its merger with Udemy, Inc. on May 11, 2026. Prepared remarks will be followed by an analyst question-and-answer session today, June 23, 2026, at 5:30 a.m. Pacific Time (8:30 a.m. Eastern Time).
A live, audio-only webcast of the conference call and supplemental materials can be found on our investor relations page at investor.coursera.com. For those unable to listen to the broadcast live, an archived replay will be accessible in the same location for one year.
Disclosure Information
In compliance with disclosure obligations under Regulation FD, Coursera announces material information to the public through a variety of means, including filings with the Securities and Exchange Commission (“SEC”), press releases, company blog posts, public conference calls, and webcasts, as well as via Coursera’s investor relations website.
About Coursera
Coursera was launched in 2012 by Andrew Ng and Daphne Koller with a mission to provide universal access to world-class learning. Coursera partners with leading university and industry partners to offer a broad catalog of content and credentials, including courses, Specializations, Professional Certificates, and degrees. Coursera’s platform innovations — including AI-powered personalized guide and features, like Role Play and Course Builder, and role-based solutions like Skills Tracks — enable instructors, partners, and companies to deliver scalable, personalized, and verified learning. Institutions worldwide rely on Coursera to upskill and reskill their employees, students, and citizens in high-demand fields such as GenAI, data science, technology, and business, while learners globally turn to Coursera to master the skills they need to advance their careers. Coursera is a Delaware public benefit corporation and a B Corp. Coursera recently combined with Udemy to create one of the world’s most comprehensive skills development platforms.
Source Code: COUR-IR
View source version on businesswire.com: https://www.businesswire.com/news/home/20260623736875/en/
Round led by Lumira Ventures and Roche Venture Fund with new investment from Sanofi June 18, 2026 08:00 ET | Source: COUR Pharma
CHICAGO, June 18, 2026 (GLOBE NEWSWIRE) -- COUR Pharma, a clinical-stage biotechnology company developing first-in-class, antigen-specific immune tolerance therapies for autoimmune diseases, announced today it has closed a $50 million Series B funding round led by existing investors Lumira Ventures and Roche Venture Fund with participation from new investor, Sanofi. Existing investors including Alpha Wave Ventures, Pfizer Ventures, Angelini Ventures, and T1D Fund: A Breakthrough T1D Venture also participated, demonstrating continued conviction in COUR's tolerance platform.
The proceeds will be used to support the clinical advancement of CNP-103, an investigational therapy developed using COUR’s proprietary nanoparticle platform for antigen-specific immune tolerance. CNP-103 is being evaluated in an active Phase 2 randomized, double-blind, placebo-controlled trial (NCT06783309) to assess its safety, tolerability, pharmacodynamics, and efficacy in adolescents and adults ages 12-35 who have been diagnosed with type 1 diabetes (T1D) within the last six months. CNP-103 encapsulates four recombinant proteins which can reprogram the inflammatory autoimmune response directed toward islet cell destruction. Notably, these proteins are believed to cover >95% of known antigens driving T1D. By inducing tolerance to these proteins, COUR aims to prevent further islet cell destruction and maintain insulin production at a clinically important level while potentially reversing dysglycemia.
“New technological innovations have transformed the management of type 1 diabetes, yet the standard of care remains focused on controlling blood glucose rather than addressing the underlying autoimmune disease,” said Dannielle Appelhans, President and Chief Executive Officer of COUR Pharma. “Our clinically validated antigen-specific immune tolerance platform has the potential to change the treatment paradigm for T1D through a disease-modifying approach that is designed to protect insulin-producing cells from immune-mediated damage. We are excited to continue building evidence for the potential of immune tolerance therapies across autoimmune diseases.”
With the prioritization of evaluating CNP-103 in T1D, COUR is seeking partners for the clinical development of CNP-104 in primary biliary cholangitis and CNP-106 in myasthenia gravis.
About COUR Pharma
COUR Pharma is a clinical-stage biotechnology company developing first-in-class antigen-specific immune tolerance therapies for autoimmune diseases. COUR’s therapies are developed using a proprietary antigen-specific immune tolerance nanoparticle platform. COUR nanoparticles encapsulate disease-specific antigens and have been designed with specific features to mimic the anti-inflammatory nature of apoptotic cells. COUR’s nanoparticles work to address the complexity of autoimmunity at its source, reprogramming upstream pathways to induce tolerance toward specific, disease-relevant autoantigens. Data from multiple clinical and preclinical programs have demonstrated the ability of COUR’s product candidates to induce antigen-specific immune tolerance, with the potential to treat a wide range of autoimmune diseases.
For more information, please visit www.courpharma.com.
Contacts
For Investor Relations
Brian Bock, Chief Financial Officer [email protected]
Insight Holdings Group, LLC, one of several affiliated entities within the Insight Partners family of funds -- which collectively carry a 10% owner designation for Coursera (COUR +0.19%) -- reported the indirect sale of 78,628 shares of common stock for a transaction value of approximately $447,000 on May 18, 2026, according to an SEC Form 4 filing.
Transaction summaryMetricValueShares sold78,628Shares sold (indirect)78,628Transaction value$447,000Post-transaction shares (direct)0Post-transaction shares (indirect)0Post-transaction value (direct ownership)$0Transaction value based on SEC Form 4 reported price ($5.69); post-transaction value is $0.00 as of May 18, 2026, since all shares were disposed of.
Key questionsWhat proportion of Insight Holdings Group, LLC’s Coursera position was affected by this transaction?
The sale represented 100% of the reporting entity's indirect holdings in Coursera common stock -- both its indirect position and total reported position were reduced to zero as of May 18, 2026.Did the transaction involve direct or indirect ownership, and what does this imply?
All 78,628 shares were held and sold via indirect ownership. There were no direct holdings before or after the transaction, meaning the entity's exposure was held through affiliated funds or vehicles rather than through a personal or direct account.How does the transaction value relate to Coursera’s trading price at the time?
Shares were sold at approximately $5.69 per share, resulting in a total transaction value of approximately $447,000.Company overviewMetricValueMarket cap$1.5 billionRevenue (TTM)$773.9 millionNet income (TTM)-$63.7 million1-year price change*-37.2%* 1-year price change calculated using June 12, 2026, as the reference date.
Company snapshotCoursera, Inc. is a global online learning platform -- originally launched in 2012 -- that partners with universities and industry leaders to deliver accessible education at scale. As of May 2026, Coursera completed its merger with Udemy, Inc., creating a combined platform serving approximately 290 million learners worldwide.
Offers online courses, professional certificates, degree programs, and enterprise workforce training across disciplines, including data science, business, computer science, and health.Serves individual learners, higher education institutions, and enterprise clients; generates revenue through course enrollments, certification fees, institutional partnerships, and subscription offerings.What this transaction means for investorsGiven the timing of Insight Partners’ sale, this is an interesting transaction. On the surface, seeing an Insight Partners affiliate quietly sell off its entire remaining position is the kind of thing that can make investors nervous. But this is less a vote of no-confidence and more likely a routine portfolio exit by a venture-stage investor that has been unwinding a long-held position over time.
Insight Partners is a technology-focused venture and private equity firm, and Coursera has been in its portfolio since before the company's IPO. Importantly, this filing covers only one entity within the broader Insight Partners family -- Insight Holdings Group, LLC -- which held just 78,628 shares before the sale. Other Insight-affiliated funds continue to hold tens of millions of Coursera shares, as reflected in a separate Form 4 filed the same day. So while this particular entity has fully exited its position, Insight Partners as a whole remains a substantial Coursera shareholder.
What may be more meaningful to long-term investors is what's happening at the company itself. Coursera just completed its merger with Udemy in May 2026, uniting two of the world's largest online learning platforms into a single organization serving roughly 290 million learners and 18,000 enterprise customers. The same day as this filing, Coursera's board announced a $500 million share repurchase program -- a meaningful signal of leadership's confidence in the company's balance sheet and future cash generation. On the financial front, Coursera reported Q1 2026 revenue of approximately $196 million, up 9% year over year, including its fourth consecutive quarter of double-digit growth in the Consumer segment. The company also reaffirmed its full-year 2026 revenue guidance of $805 to $815 million. The Udemy integration brings meaningful scale, though investors will want to watch how smoothly the combined business executes going forward.
For investors, the key takeaway is that this sale reflects one fund exiting a legacy position, not a broader signal that Insight Partners has lost faith in Coursera. Other Insight-affiliated entities continued to hold approximately 28.4 million Coursera shares as reported in a separate filing -- a significant remaining stake by any measure. With the Udemy merger now complete and a $500 million buyback authorized, the more interesting story is how the combined company will perform from here.
A stark and compelling divergence is unfolding in the market for Coursera NYSE: COUR. On the surface, the story appears straightforwardly bearish. The online learning platform’s stock closed at $5.52 at the end of March’s last trading week, marking a sharp 5.65% drop for the week. This places it uncomfortably close to its 52-week low of $5.47, reinforcing a narrative of investor skepticism that has plagued the EdTech sector. For many, this price action is a clear signal to stay away.
Coursera Today
$5.34 +0.02 (+0.28%)
As of 04:00 PM Eastern
This is a fair market value price provided by Massive. Learn more.
52-Week Range$5.00▼
$13.56Price Target$9.50
But beneath the surface, in the complex world of stock derivatives, a very different story is unfolding. It is here that sophisticated traders often place their most strategic and forward-looking bets. During the same period that Coursera’s stock price was reaching 52-week lows, call option volume on Coursera jumped an astronomical 1,591% above its daily average.
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A sudden flood of this much capital should rarely be seen as random noise; it is more likely than not a powerful and concentrated bet that the stock’s price is poised for a significant move higher.
This raises a critical question for investors: What do these traders see that the broader market is currently missing?
Why This Options Spike Is a High-Stakes Signal Such a dramatic spike in options activity is rarely a coincidence; it is often a leading indicator of a stock's future direction. A call option gives its holder the right to buy a stock at a predetermined price, making it a direct bet on the share price increasing. The key advantage for a trader is leverage, the ability to control a large block of stock for a small upfront cost, amplifying potential gains.
What makes the Coursera signal so potent is the focus on volume. While open interest shows the total number of existing contracts, a massive surge in volume indicates that new money is urgently entering the trade. The sheer scale of this activity suggests it is the work of large institutions or smart money. These players deploy significant capital based on deep research, and their movements are closely watched for clues about a company's future. When they move this decisively, it often precedes a major corporate event or a fundamental shift in market perception that is not yet public knowledge.
The One-Two Punch: Catalysts for a Comeback The institutional bet on Coursera appears to be grounded in two powerful and transformative catalysts that could fundamentally reshape Coursera's financial future and force a market re-rating.
The most visible catalyst is the pending all-stock merger with Udemy NASDAQ: UDMY. This transaction is set to create a true titan in the online education industry. The combined company would boast a massive global user base of approximately 300 million learners and generate pro forma revenue of roughly $1.5 billion. Strategically, it combines Coursera’s strength in high-end, university-accredited content with Udemy’s vast library of practical, expert-led vocational skills, covering the entire learning spectrum.
More importantly for investors, the deal is structured to drive significant profitability. Management is targeting $115 million in annual run-rate cost savings, a figure that would dramatically improve the new entity's margins and bottom line. The unusual options activity could be a sign that sophisticated traders are positioning ahead of positive news related to the merger, such as faster-than-expected regulatory approval or an upward revision to those cost-savings targets.
The Market Is Missing the AI Transformation While the market may still see Coursera as a simple content platform, it is rapidly evolving into an artificial intelligence (AI) native technology company. Its vast and unique dataset, gathered from the learning patterns, quiz results, and skill mastery of 197 million users, provides a powerful and defensible moat for training its proprietary AI models.
Coursera is actively deploying AI through new features such as personalized coaching tools and deepening its partnerships with industry leaders like Google and Anthropic. The demand for these skills is exploding, with learners enrolling in Coursera's generative AI courses at a rate of 15 per minute in 2025. The bullish bets could be anticipating a watershed moment for this strategy, perhaps a major new AI-driven product launch that forces Wall Street to re-evaluate Coursera not as a legacy education company but as a key player in the global AI reskilling movement.
Finding Value Where Others See Risk Coursera’s stock price performance has been poor recently, and that is more than just an investor concern; it is a critical part of the newly bullish thesis. With a market capitalization under $1 billion, the company's valuation appears disconnected from its global scale and future potential. Coursera trades at a price-to-sales ratio of just 1.23. Compared to many other platform-based technology companies, this metric suggests the stock may be significantly undervalued.
Coursera, Inc. (COUR) Price Chart for Friday, June, 12, 2026
This depressed valuation does two things. First, it makes Coursera an attractive target for a private equity buyout or a strategic acquisition by a larger technology firm seeking an established entry point into the lucrative EdTech market.
Second, and perhaps most importantly, it explains why options are the weapon of choice for this bullish bet. The stock’s low price allows institutions to use call options to control a massive number of shares for a fraction of the cost, creating the potential for explosive returns if a positive catalyst materializes. The stock is a coiled spring, and sophisticated traders appear to be betting that the market tension will be released soon.
Connecting the Dots When the options market sends a signal this strong, astute investors take notice. The 1,591% surge in call volume is an undeniable footprint left by institutional capital, suggesting a powerful conviction that a significant positive event is on the horizon. While past insider selling has been a point of caution, the combination of high institutional ownership at nearly 90% and this new wave of bullish bets indicates that the smart money sees a turning point.
The catalyst remains hidden for now, but the possibilities are clear. This appears to be a moment of inflection. Investors should now be closely monitoring three key areas: any new SEC filings related to the Udemy merger, official company announcements about its AI platform and partnerships, and any emerging rumors of a buyout offer. The options market is not always right, but a 1,591% surge in call volume is not random noise. Something is drawing institutional capital into Coursera, and the answer may surface soon.
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JPMorgan Chase & Co. lessened its position in Coursera, Inc. (NYSE:COUR – Free Report) by 73.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 218,303 shares of the company’s stock after selling 591,643 shares during the period. JPMorgan Chase & Co. owned about 0.13% of Coursera worth $2,556,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also modified their holdings of the company. Vanguard Group Inc. raised its holdings in Coursera by 2.6% in the 3rd quarter. Vanguard Group Inc. now owns 13,921,600 shares of the company’s stock valued at $163,022,000 after acquiring an additional 357,264 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in shares of Coursera by 341.6% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 2,955,723 shares of the company’s stock worth $34,612,000 after purchasing an additional 2,286,395 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Coursera by 5.9% during the third quarter. Dimensional Fund Advisors LP now owns 2,704,855 shares of the company’s stock worth $31,679,000 after purchasing an additional 151,000 shares during the last quarter. Lazard Asset Management LLC grew its position in shares of Coursera by 84.2% in the third quarter. Lazard Asset Management LLC now owns 2,319,515 shares of the company’s stock valued at $27,162,000 after purchasing an additional 1,060,288 shares during the period. Finally, Qube Research & Technologies Ltd grew its position in shares of Coursera by 6.6% in the second quarter. Qube Research & Technologies Ltd now owns 1,883,396 shares of the company’s stock valued at $16,499,000 after purchasing an additional 115,898 shares during the period. Hedge funds and other institutional investors own 89.55% of the company’s stock.
Wall Street Analysts Forecast Growth Several research firms recently weighed in on COUR. The Goldman Sachs Group reduced their target price on Coursera from $9.00 to $6.00 and set a “sell” rating on the stock in a research report on Saturday, February 7th. Royal Bank Of Canada dropped their price objective on shares of Coursera from $11.00 to $8.00 and set an “outperform” rating for the company in a research note on Friday, February 6th. Telsey Advisory Group reiterated an “outperform” rating and set a $14.00 price objective on shares of Coursera in a report on Friday, February 6th. Needham & Company LLC reissued a “buy” rating and issued a $10.00 target price on shares of Coursera in a research report on Friday, February 6th. Finally, BMO Capital Markets restated an “outperform” rating and issued a $8.00 target price on shares of Coursera in a report on Friday, February 6th. Eight investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $10.62.
View Our Latest Stock Report on Coursera
Insider Buying and Selling In other Coursera news, SVP Alan B. Cardenas sold 9,710 shares of the business’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $5.92, for a total transaction of $57,483.20. Following the transaction, the senior vice president owned 217,876 shares in the company, valued at $1,289,825.92. The trade was a 4.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 16.80% of the stock is owned by company insiders.
Coursera Stock Down 0.2% COUR opened at $5.90 on Monday. Coursera, Inc. has a 52-week low of $5.47 and a 52-week high of $13.56. The company has a 50 day moving average of $6.04 and a two-hundred day moving average of $7.73. The company has a market cap of $998.76 million, a P/E ratio of -19.03 and a beta of 1.35.
Coursera (NYSE:COUR – Get Free Report) last issued its earnings results on Thursday, February 5th. The company reported $0.06 EPS for the quarter, meeting analysts’ consensus estimates of $0.06. Coursera had a negative net margin of 6.73% and a negative return on equity of 5.17%. The business had revenue of $196.90 million for the quarter, compared to the consensus estimate of $191.83 million. During the same quarter last year, the firm posted $0.08 EPS. The business’s revenue for the quarter was up 9.9% compared to the same quarter last year. Research analysts anticipate that Coursera, Inc. will post -0.28 earnings per share for the current year.
Coursera Company Profile (Free Report)
Coursera, Inc (NYSE:COUR) operates a leading online learning platform that delivers courses, specializations, professional certificates and fully accredited degree programs in collaboration with top universities and industry partners. Founded in 2012 by Stanford University professors Andrew Ng and Daphne Koller, Coursera’s mission is to provide universal access to world-class education and bridge skill gaps in a rapidly evolving job market.
The platform features more than 6,000 offerings created by over 275 academic institutions and corporate entities, spanning fields such as data science, business, technology, health care and the arts.
Featured Stories Five stocks we like better than Coursera Want to see what other hedge funds are holding COUR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Coursera, Inc. (NYSE:COUR – Free Report).
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Coursera (NYSE:COUR – Get Free Report) is projected to announce its Q1 2026 results after the market closes on Thursday, April 23rd. Analysts expect the company to announce earnings of $0.0815 per share and revenue of $195.1690 million for the quarter. Investors can check the company’s upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Thursday, April 23, 2026 at 5:00 PM ET.
Coursera (NYSE:COUR – Get Free Report) last released its quarterly earnings results on Thursday, February 5th. The company reported $0.06 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.06. The company had revenue of $196.90 million during the quarter, compared to the consensus estimate of $191.83 million. Coursera had a negative return on equity of 5.17% and a negative net margin of 6.73%.The firm’s revenue was up 9.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.08 EPS. On average, analysts expect Coursera to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Coursera Stock Performance COUR opened at $6.17 on Thursday. The company has a market cap of $1.04 billion, a PE ratio of -19.89 and a beta of 1.35. The stock has a 50-day moving average of $5.99 and a 200-day moving average of $7.42. Coursera has a 52-week low of $5.22 and a 52-week high of $13.56.
Analysts Set New Price Targets Several analysts have recently issued reports on COUR shares. UBS Group reiterated a “neutral” rating and set a $7.00 price target on shares of Coursera in a research note on Friday, February 6th. KeyCorp decreased their target price on Coursera from $12.00 to $10.00 and set an “overweight” rating for the company in a research note on Friday, February 6th. Wall Street Zen upgraded Coursera from a “hold” rating to a “buy” rating in a research note on Saturday, April 11th. The Goldman Sachs Group decreased their target price on Coursera from $9.00 to $6.00 and set a “sell” rating for the company in a research note on Saturday, February 7th. Finally, JPMorgan Chase & Co. upgraded Coursera from a “neutral” rating to an “overweight” rating and set a $12.00 target price for the company in a research note on Wednesday, December 17th. Eight investment analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $10.62.
View Our Latest Research Report on COUR
Insider Activity In other news, SVP Alan B. Cardenas sold 9,710 shares of the firm’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $5.92, for a total value of $57,483.20. Following the sale, the senior vice president owned 217,876 shares in the company, valued at approximately $1,289,825.92. This trade represents a 4.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 16.80% of the company’s stock.
Institutional Investors Weigh In On Coursera Several hedge funds and other institutional investors have recently modified their holdings of COUR. Royal Bank of Canada increased its position in shares of Coursera by 38.8% during the first quarter. Royal Bank of Canada now owns 55,891 shares of the company’s stock valued at $372,000 after purchasing an additional 15,610 shares during the period. AQR Capital Management LLC lifted its position in Coursera by 36.8% in the first quarter. AQR Capital Management LLC now owns 581,879 shares of the company’s stock worth $3,875,000 after purchasing an additional 156,566 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Coursera by 2.8% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 104,795 shares of the company’s stock worth $698,000 after purchasing an additional 2,847 shares during the period. Dynamic Technology Lab Private Ltd bought a new position in Coursera in the first quarter worth $273,000. Finally, American Century Companies Inc. lifted its position in Coursera by 29.0% in the second quarter. American Century Companies Inc. now owns 277,568 shares of the company’s stock worth $2,431,000 after purchasing an additional 62,371 shares during the period. Institutional investors and hedge funds own 89.55% of the company’s stock.
Coursera Company Profile (Get Free Report)
Coursera, Inc (NYSE:COUR) operates a leading online learning platform that delivers courses, specializations, professional certificates and fully accredited degree programs in collaboration with top universities and industry partners. Founded in 2012 by Stanford University professors Andrew Ng and Daphne Koller, Coursera’s mission is to provide universal access to world-class education and bridge skill gaps in a rapidly evolving job market.
The platform features more than 6,000 offerings created by over 275 academic institutions and corporate entities, spanning fields such as data science, business, technology, health care and the arts.
Further Reading Five stocks we like better than Coursera
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MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Coursera, Inc. (NYSE: COUR), a leading global online learning platform, today announced it will release its financial results for the first quarter ended March 31, 2026 after the U.S. stock market closes on Thursday, April 23, 2026. The company will issue the results via a press release with accompanying consolidated financial information before holding a conference call broadcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time).
Conference Call Details
A live, audio-only webcast of the conference call and earnings release materials will be available to the public on the company’s investor relations website at investor.coursera.com. An archived replay will be accessible in the same location for one year.
Disclosure Information
In compliance with disclosure obligations under Regulation FD, Coursera announces material information to the public through a variety of means, including filings with the Securities and Exchange Commission (“SEC”), press releases, company blog posts, public conference calls, and webcasts, as well as via Coursera’s investor relations website.
About Coursera
Coursera was launched in 2012 by Andrew Ng and Daphne Koller with a mission to provide universal access to world-class learning. Today, it is one of the largest online learning platforms in the world, with 197 million registered learners as of December 31, 2025. Coursera partners with over 375 leading university and industry partners to offer a broad catalog of content and credentials, including courses, Specializations, Professional Certificates, and degrees. Coursera’s platform innovations — including generative AI-powered features like Coach, Role Play, and Course Builder, and role-based solutions like Skills Tracks — enable instructors, partners, and companies to deliver scalable, personalized, and verified learning. Institutions worldwide rely on Coursera to upskill and reskill their employees, students, and citizens in high-demand fields such as GenAI, data science, technology, and business, while learners globally turn to Coursera to master the skills they need to advance their careers. Coursera is a Delaware public benefit corporation and a B Corp.
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Coursera, Inc. (NYSE: COUR), a leading global online learning platform, today announced financial results for its first quarter ended March 31, 2026. A shareholder letter containing additional discussion of the Company’s performance and outlook has been posted to the Investor Relations website at investor.coursera.com.
“Coursera delivered a strong start to 2026, including our fourth consecutive quarter of double-digit year-over-year Consumer revenue growth and a first quarter record of 7.6 million new registered learners. We have now surpassed more than 200 million cumulative learners, giving us both broad scale and deep insight into how the world learns and the skills employers value at a pivotal moment for global labor markets,” said Coursera CEO Greg Hart. “As we execute against our 2026 growth priorities and reaffirm our full year outlook, we are moving quickly on integration planning for our expected combination with Udemy. We see a significant opportunity to build a more comprehensive and adaptive skills platform designed for the AI era.”
Key Financial Results
($ millions, except per share data, unaudited)
Three Months Ended March 31,
2026
2025
YoY Change
GAAP Financial Measures
Revenue
$
195.7
$
179.3
9
%
Gross profit
$
108.6
$
97.9
11
%
Gross profit margin
55.5
%
54.6
%
90 bps
Net loss
$
(20.5
)
$
(7.8
)
(163
)%
Net loss per share
$
(0.12
)
$
(0.05
)
(150
)%
Net loss margin
(10.5
)%
(4.4
)%
(610) bps
Net cash provided by operating activities(1)
$
14.6
$
33.5
(56
)%
Non-GAAP Financial Measures
Gross profit
$
110.8
$
100.1
11
%
Gross profit margin
56.6
%
55.8
%
80 bps
Net income
$
12.4
$
19.7
(37
)%
Net income per share
$
0.07
$
0.12
(42
)%
Adjusted EBITDA
$
13.5
$
18.7
(28
)%
Adjusted EBITDA Margin
6.9
%
10.4
%
(350) bps
Free Cash Flow(1)
$
3.0
$
25.3
(88
)%
For more information regarding the non-GAAP financial measures discussed in this press release, please see “Non-GAAP Financial Measures” and “Reconciliation of GAAP to Non-GAAP Financial Measures” below.
Segment Results
($ millions, unaudited)
Three Months Ended March 31,
2026
2025
YoY Change
Consumer revenue
$
129.5
$
117.6
10
%
Consumer gross profit
$
81.8
$
72.4
13
%
Consumer gross profit margin
63.2
%
61.6
%
160 bps
Enterprise revenue
$
66.2
$
61.7
7
%
Enterprise gross profit
$
46.9
$
43.2
9
%
Enterprise gross profit margin
70.8
%
70.0
%
80 bps
Key Business Metrics
Three Months Ended March 31,
2026
2025
YoY Change
New Registered Learners (in millions)
7.6
7.1
Net Retention Rate for Paid Enterprise Customers
90
%
91
%
(1
)%
March 31,
2026
2025
YoY Change
Total Registered Learners (in millions)
205
175
17
%
Paid Enterprise Customers
1,729
1,651
5
%
For more information regarding the metrics discussed in this press release, please see “Key Business Metrics Definitions” below.
Financial Outlook
Provides second quarter 2026: Revenue in the range of $196 to $200 million Adjusted EBITDA in the range of $12 to $16 million Reaffirms full year 2026: Revenue in the range of $805 to $815 million Adjusted EBITDA in the range of $70 to $76 million, representing an annual Adjusted EBITDA Margin target of approximately 9.0% at the midpoint of the full year ranges Actual results may differ materially from Coursera’s Financial Outlook as a result of, among other things, the factors described under “Special Note on Forward-Looking Statements” below.
A reconciliation of our non-GAAP guidance measure (Adjusted EBITDA) to the corresponding GAAP guidance measure is not available on a forward-looking basis without unreasonable effort due to the uncertainty regarding, and the potential variability of, expenses that may be incurred in the future. Stock-based compensation expense-related charges, including employer payroll tax-related items on employee stock transactions, are impacted by the timing of employee stock transactions, the future fair market value of our common stock, and our future hiring and retention needs, all of which are difficult to predict and subject to constant change. We have provided a reconciliation of GAAP to non-GAAP financial measures in the financial statement tables for our historical non-GAAP financial results included in this press release.
Conference Call Details
As previously announced, Coursera will hold a conference call to discuss its first quarter 2026 performance today, April 23, 2026, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time).
A live, audio-only webcast of the conference call and earnings release materials will be available to the public on our investor relations page at investor.coursera.com. For those unable to listen to the broadcast live, an archived replay will be accessible in the same location for one year.
Transaction with Udemy
On December 17, 2025, Coursera and Udemy, Inc. (NASDAQ: UDMY) entered into a definitive merger agreement pursuant to which Coursera will combine with Udemy in an all-stock transaction. The transaction has been unanimously approved by the Boards of Directors of both Coursera and Udemy.
On April 9, 2026, the transaction was approved by Coursera and Udemy stockholders. The companies are advancing through the remaining regulatory approval processes and customary closing conditions.
Disclosure Information
In compliance with disclosure obligations under Regulation FD, Coursera announces material information to the public through a variety of means, including filings with the Securities and Exchange Commission (“SEC”), press releases, company blog posts, public conference calls, and webcasts, as well as via Coursera’s investor relations website.
About Coursera
Coursera was launched in 2012 by Andrew Ng and Daphne Koller with a mission to provide universal access to world-class learning. Today, it is one of the largest online learning platforms in the world, with 205 million registered learners as of March 31, 2026. Coursera partners with over 375 leading university and industry partners to offer a broad catalog of content and credentials, including courses, Specializations, Professional Certificates, and degrees. Coursera’s platform innovations — including generative AI-powered features like Coach, Role Play, and Course Builder, and role-based solutions like Skills Tracks — enable instructors, partners, and companies to deliver scalable, personalized, and verified learning. Institutions worldwide rely on Coursera to upskill and reskill their employees, students, and citizens in high-demand fields such as GenAI, data science, technology, and business, while learners globally turn to Coursera to master the skills they need to advance their careers. Coursera is a Delaware public benefit corporation and a B Corp.
Key Business Metrics Definitions
Registered Learners
We count the total number of registered learners at the end of each period. For purposes of determining our registered learner count, we treat each customer account that registers with a unique email as a registered learner and adjust for any spam, test accounts, and cancellations. Our registered learner count is not intended as a measure of active engagement. New registered learners are individuals that register in a particular period.
Paid Enterprise Customers
We count the total number of Paid Enterprise Customers that are active on our platform at the end of each period. For purposes of determining our customer count, we treat each customer account that has a corresponding contract as a unique customer, and a single organization with multiple divisions, segments, or subsidiaries may be counted as multiple customers. We define a “Paid Enterprise Customer” as a customer who purchases Coursera via our direct sales force. For purposes of determining our Paid Enterprise Customer count, we exclude our Enterprise customers who do not purchase Coursera via our direct sales force, including organizations engaging on our platform through our Coursera for Teams offering or through our channel partners.
Net Retention Rate (“NRR”) for Paid Enterprise Customers
We calculate annual recurring revenue (“ARR”) by annualizing each customer’s monthly recurring revenue (“MRR”) for the most recent month at period end. We calculate “Net Retention Rate” for a period by starting with the ARR from all Paid Enterprise Customers as of the 12 months prior to such period end, or Prior Period ARR. We then calculate the ARR from these same Paid Enterprise Customers as of the current period end, or “Current Period ARR.” Current Period ARR includes expansion within Paid Enterprise Customers and is net of contraction or attrition over the trailing 12 months but excludes revenue from new Paid Enterprise Customers in the current period. We then divide the total Current Period ARR by the total Prior Period ARR to arrive at our Net Retention Rate for Paid Enterprise Customers.
Non-GAAP Financial Measures
In addition to financial information presented in accordance with GAAP, this press release includes non-GAAP gross profit, non-GAAP gross profit margin, non-GAAP net income, non-GAAP net income per share, Adjusted EBITDA, Adjusted EBITDA Margin, and Free Cash Flow, each of which is a non-GAAP financial measure. These are key measures used by our management to help us analyze our financial results, establish budgets and operational goals for managing our business, evaluate our performance, and make strategic decisions. Accordingly, we believe that these non-GAAP financial measures provide useful information to investors and others in understanding and evaluating our operating results in the same manner as our management and board of directors. In addition, we believe these measures are useful for period-to-period comparisons of our business. We also believe that the presentation of these non-GAAP financial measures provides an additional tool for investors to use in comparing our core business and results of operations over multiple periods with other companies in our industry, many of which present similar non-GAAP financial measures to investors, and to analyze our cash performance. However, the non-GAAP financial measures presented may not be comparable to similarly titled measures reported by other companies due to differences in the way that these measures are calculated. These non-GAAP financial measures are presented for supplemental informational purposes only and should not be considered as a substitute for or in isolation from financial information presented in accordance with GAAP. These non-GAAP financial measures have limitations as analytical tools.
Non-GAAP Gross Profit, Non-GAAP Gross Profit Margin, Non-GAAP Net Income, and Non-GAAP Net Income Per Share
We define non-GAAP gross profit and non-GAAP net income as GAAP gross profit and GAAP net loss excluding: (1) stock-based compensation expense; (2) amortization of stock-based compensation expense capitalized as internal-use software costs; (3) payroll tax expense related to stock-based compensation; (4) merger and acquisition (“M&A”) related transaction costs; (5) integration related costs; (6) costs and settlement (gains) losses related to significant and non-recurring legal and regulatory matters, net of insurance recoveries; and (7) restructuring related charges. Non-GAAP gross profit margin reflects non-GAAP gross profit as a percentage of revenue. Non-GAAP net income per share is calculated by dividing non-GAAP net income by the diluted weighted average shares of common stock outstanding.
Adjusted EBITDA and Adjusted EBITDA Margin
We define Adjusted EBITDA as our GAAP net loss excluding: (1) depreciation and amortization; (2) interest income, net; (3) income tax expense; (4) other expense (income), net; (5) stock-based compensation expense; (6) payroll tax expense related to stock-based compensation; (7) M&A related transaction costs; (8) integration related costs; (9) costs and settlement (gains) losses related to significant and non-recurring legal and regulatory matters, net of insurance recoveries; and (10) restructuring related charges. We define Adjusted EBITDA Margin as Adjusted EBITDA divided by revenue.
Free Cash Flow
We define Free Cash Flow as net cash provided by operating activities, less capitalized internal-use software costs, purchases of content assets, and purchases of property, equipment, and software as we consider these capital expenditures necessary to support our ongoing operations.
We believe the presentation of these adjusted operating results provides useful supplemental information to investors and facilitates the analysis and comparison of our operating results across reporting periods.
Reconciliations of these non-GAAP financial measures to the most directly comparable GAAP financial measures are included in the Appendix.
Special Note on Forward-Looking Statements
This press release contains forward-looking statements that involve substantial risks and uncertainties. Any statements contained in this press release that are not statements of historical facts may be deemed to be forward-looking statements. In some cases, you can identify forward-looking statements by terms such as: “accelerate,” “anticipate,” “believe,” “can,” “continue,” “could,” “demand,” “design,” “estimate,” “expand,” “expect,” “intend,” “may,” “might,” “mission,” “need,” “objective,” “ongoing,” “outlook,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would,” or the negative of these terms, or other comparable terminology intended to identify statements about the future. These forward-looking statements include, but are not limited to, statements regarding the proposed combination with Udemy, including the expected timing and benefits of such business combination and the outlook for Coursera’s and Udemy’s results of operations and financial condition (including potential synergies) following the business combination; the expansion of our market opportunity; the global demand to embrace new skills; our progress in our growth initiatives; the opportunity to build a more comprehensive and adaptive skills platform designed for the AI era; our commitment to creating more personalized, engaging, and AI-native learning experiences; our initiatives to strengthen our position as a trusted source for verified learning; our mission to provide universal access to world-class learning; the demand for online learning; the strength of our customer and content creator relationships; the demand from learners to use our offerings to master career advancing skills; anticipated features and benefits of our offerings; the anticipated utility of our non-GAAP financial measures; anticipated growth rates; and our financial outlook, future financial and operational performance, and expectations, including our financial outlook for the second quarter of 2026 and full year 2026, among others. These forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from the information expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, the following: our ability to attract, engage, and retain learners; our ability to increase sales of our offerings; our limited operating history; the relative nascency of online learning solutions and generative AI; risks related to market acceptance and demand for our offerings; our ability to maintain and expand our existing content creator relationships and to develop new partnerships with universities, industry leaders, and subject matter experts; our dependence on the supply of content created by our partners; risks related to our AI innovations and AI generally; risks related to the business combination, including the effect of the announcement of the business combination on the ability of Coursera or Udemy to retain and hire key personnel and maintain relationships with customers, vendors and others with whom Coursera or Udemy do business, or on Coursera’s or Udemy’s operating results and business generally; risks that the business combination disrupts current plans and operations and the potential difficulties in attracting and retaining qualified personnel as a result of the business combination; the outcome of any legal proceedings related to the business combination; the ability of the parties to consummate the proposed transaction on a timely basis or at all; the satisfaction of the conditions precedent to consummation of the proposed transaction, including the ability to secure regulatory approvals on the terms expected, at all or in a timely manner; the ability to successfully integrate Coursera’s and Udemy’s operations and business on a timely basis or otherwise in accordance with the standards and obligations applicable to the combined company as a public benefit corporation and as a B Corp.; Coursera’s and Udemy’s ability to implement our plans, forecasts and other expectations with respect to the combined company’s business after the completion of the transaction and realize expected synergies and other benefits of the combination within the expected timeframe or at all; the amount of the costs, fees, expenses and charges related to the proposed combination; fluctuations in the prices of Coursera or Udemy stock; potential business disruptions following the business combination; our ability to compete effectively; adverse impacts on our business and financial condition due to macroeconomic or market conditions; our ability to manage our growth; regulatory and/or policy matters or changes impacting us or our content creators; risks related to intellectual property; cybersecurity and privacy risks and regulations; potential disruptions to our platform; risks related to operations, regulatory, economic, and geopolitical conditions; current and future legal and regulatory matters; the impact of actions to improve operational efficiencies and operating costs; our history of net losses and ability to achieve or sustain profitability; natural disasters, public health crises, or other catastrophic events; and our status as a certified B Corp, as well as the risks and uncertainties discussed in our most recently filed annual and quarterly reports on Forms 10-K and 10-Q and subsequent filings and as detailed from time to time in our SEC filings. You should not rely upon forward-looking statements as predictions of future events. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that the future results, levels of activity, performance, or events and circumstances reflected in the forward-looking statements will be achieved or occur. Moreover, neither we nor any other person assumes responsibility for the accuracy and completeness of the forward-looking statements. Such forward-looking statements relate only to events as of the date of this press release. We undertake no obligation to update any forward-looking statements except to the extent required by law.
Coursera Inc.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)
(In millions, except per share amounts)
Three Months Ended March 31,
2026
2025
Revenue
$
195.7
$
179.3
Cost of revenue(2)
87.1
81.4
Gross profit
108.6
97.9
Operating expenses:
Research and development(2)
31.3
29.5
Sales and marketing(2)
69.3
56.8
General and administrative(1)(2)
33.3
26.9
Restructuring related charges(2)
—
(0.9
)
Total operating expenses
133.9
112.3
Loss from operations
(25.3
)
(14.4
)
Other income, net:
Interest income, net
7.1
7.8
Other (expense) income, net
(0.9
)
0.3
Loss before income taxes
(19.1
)
(6.3
)
Income tax expense
1.4
1.5
Net loss
$
(20.5
)
$
(7.8
)
Net loss per share—basic and diluted
$
(0.12
)
$
(0.05
)
Weighted average shares used in computing net loss per share—basic and diluted
168.7
160.7
Three Months Ended March 31,
2026
2025
Cost of revenue
$
0.6
$
0.7
Research and development
7.6
8.6
Sales and marketing
4.9
4.9
General and administrative
7.2
11.6
Restructuring related charges
—
(1.6
)
Total stock-based compensation expense
$
20.3
$
24.2
Coursera Inc.
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)
(In millions)
March 31, 2026
December 31, 2025
Assets
Current assets:
Cash and cash equivalents
$
789.8
$
792.6
Accounts receivable, net
60.0
65.4
Deferred costs, net
19.0
19.6
Prepaid expenses and other current assets
24.6
20.5
Total current assets
893.4
898.1
Property, equipment, and software, net
45.5
43.4
Intangible assets, net
30.9
27.1
Other assets
30.7
31.4
Total assets
$
1,000.5
$
1,000.0
Liabilities and Stockholders’ Equity
Current liabilities:
Content liabilities
$
98.3
$
100.0
Other accounts payable and accrued expenses
31.0
29.8
Accrued compensation and benefits
21.4
36.7
Deferred revenue, current
200.1
180.9
Other current liabilities
11.6
10.5
Total current liabilities
362.4
357.9
Deferred revenue, non-current
1.5
1.4
Other liabilities
4.8
5.0
Total liabilities
368.7
364.3
Stockholders’ equity:
Additional paid-in capital
1,563.5
1,546.9
Accumulated deficit
(931.7
)
(911.2
)
Total stockholders’ equity
631.8
635.7
Total liabilities and stockholders’ equity
$
1,000.5
$
1,000.0
Coursera Inc.
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)
(In millions)
Three Months Ended March 31,
2026
2025
Cash flows from operating activities:
Net loss
$
(20.5
)
$
(7.8
)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization
7.5
7.1
Stock-based compensation expense
20.3
24.2
Other
0.5
0.1
Changes in operating assets and liabilities:
Accounts receivable, net
5.4
(0.1
)
Prepaid expenses and other assets
(3.0
)
1.0
Accounts payable and accrued expenses
(0.7
)
(4.2
)
Accrued compensation and other liabilities
(14.2
)
(12.4
)
Deferred revenue
19.3
25.6
Net cash provided by operating activities
14.6
33.5
Cash flows from investing activities:
Purchases of content assets
(5.8
)
(4.1
)
Capitalized internal-use software costs
(5.6
)
(3.6
)
Purchases of property, equipment, and software
(0.2
)
(0.5
)
Net cash used in investing activities
(11.6
)
(8.2
)
Cash flows from financing activities:
Proceeds from exercise of stock options
0.2
1.2
Payments for tax withholding on vesting of restricted stock units
(5.9
)
(6.2
)
Net cash used in financing activities
(5.7
)
(5.0
)
Net increase (decrease) in cash, cash equivalents, and restricted cash
(2.7
)
20.3
Cash, cash equivalents, and restricted cash—beginning of period
793.4
728.4
Cash, cash equivalents, and restricted cash—end of period
$
790.7
$
748.7
Coursera Inc.
RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES (Unaudited)
(Dollars in millions, except per share amounts)
Three Months Ended March 31,
2026
2025
Gross profit
$
108.6
$
97.9
Stock-based compensation expense
0.6
0.7
Amortization of stock-based compensation capitalized as internal-use software costs
1.6
1.5
Non-GAAP gross profit
$
110.8
$
100.1
Gross profit margin
55.5
%
54.6
%
Non-GAAP gross profit margin
56.6
%
55.8
%
Three Months Ended March 31,
2026
2025
Net loss
$
(20.5
)
$
(7.8
)
Stock-based compensation expense
20.3
25.8
Amortization of stock-based compensation capitalized as internal-use software costs
1.6
1.5
Payroll tax expense related to stock-based compensation
0.7
0.9
M&A related transaction costs
6.2
—
Integration related costs
3.8
—
Significant and non-recurring legal and regulatory matters
0.3
0.2
Restructuring related charges
—
(0.9
)
Non-GAAP net income
$
12.4
$
19.7
Weighted-average shares used in computing net loss per share—basic
168.7
160.7
Effect of dilutive securities
1.5
4.0
Weighted-average shares used in computing non-GAAP net income per share—diluted
170.2
164.7
Net loss per share—basic and diluted
$
(0.12
)
$
(0.05
)
Non-GAAP net income per share—diluted
$
0.07
$
0.12
Three Months Ended March 31,
2026
2025
Net loss
$
(20.5
)
$
(7.8
)
Depreciation and amortization
7.5
7.1
Interest income, net
(7.1
)
(7.8
)
Income tax expense
1.4
1.5
Other expense (income), net
0.9
(0.3
)
Stock-based compensation expense
20.3
25.8
Payroll tax expense related to stock-based compensation
0.7
0.9
M&A related transaction costs
6.2
—
Integration related costs
3.8
—
Significant and non-recurring legal and regulatory matters
0.3
0.2
Restructuring related charges
—
(0.9
)
Adjusted EBITDA
$
13.5
$
18.7
Net loss margin
(10.5
)%
(4.4
)%
Adjusted EBITDA Margin
6.9
%
10.4
%
Three Months Ended March 31,
2026
2025
Net cash provided by operating activities(3)
$
14.6
$
33.5
Less: capitalized internal-use software costs
(5.6
)
(3.6
)
Less: purchases of content assets
(5.8
)
(4.1
)
Less: purchases of property, equipment, and software
COUR stock is moving. Watch the price action here. Coursera Q1 DetailsCoursera reported quarterly earnings of seven cents per share, which missed the analyst consensus estimate of eight cents and was down from earnings of 12 cents from the same period last year.
Quarterly revenue came in at $195.7 million, which beat the analyst consensus estimate of $195.05 million, according to Benzinga Pro data.
Coursera reported the following first-quarter highlights:
Grew Consumer segment revenue by 10% year-over-year, the fourth consecutive quarter of double-digit growth Added a first-quarter record of 7.6 million new registered learners, bringing the cumulative total registered learners to 205 million “Coursera delivered a strong start to 2026, including our fourth consecutive quarter of double-digit year-over-year consumer revenue growth and a first quarter record of 7.6 million new registered learners,” said Coursera CEO Greg Hart.
Outlook: Coursera reaffirmed its fiscal 2026 revenue guidance of $805 million to $815.000 million, versus the $812.68 million analyst estimate.
COUR Stock Price: According to data from Benzinga Pro, Coursera stock was down 10.22% to $5.36 in Thursday's extended trading.
Photo: Shutterstock
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Coursera (COUR - Free Report) came out with quarterly earnings of $0.07 per share, missing the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.12 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -17.65%. A quarter ago, it was expected that this online learning platform would post earnings of $0.06 per share when it actually produced earnings of $0.06, delivering no surprise.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Coursera, which belongs to the Zacks Technology Services industry, posted revenues of $195.7 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 0.07%. This compares to year-ago revenues of $179.3 million. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Coursera shares have lost about 16% since the beginning of the year versus the S&P 500's gain of 4.3%.
What's Next for Coursera?While Coursera has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Coursera was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.10 on $200.2 million in revenues for the coming quarter and $0.45 on $811.68 million in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Technology Services is currently in the bottom 30% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Red Cat Holdings, Inc. (RCAT - Free Report) , has yet to report results for the quarter ended March 2026. The results are expected to be released on May 7.
This company is expected to post quarterly loss of $0.14 per share in its upcoming report, which represents no change from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Red Cat Holdings, Inc.'s revenues are expected to be $19.03 million, up 1067.5% from the year-ago quarter.
For the quarter ended March 2026, Coursera (COUR - Free Report) reported revenue of $195.7 million, up 9.2% over the same period last year. EPS came in at $0.07, compared to $0.12 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $195.57 million, representing a surprise of +0.07%. The company delivered an EPS surprise of -17.65%, with the consensus EPS estimate being $0.09.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Coursera performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Paid Enterprise Customers: 1,729 versus the three-analyst average estimate of 1,749.Total Registered Learners: 205 million versus the three-analyst average estimate of 204.86 million.Revenues- Enterprise: $66.2 million versus $64.1 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +7.3% change.Revenues- Consumer: $129.5 million versus the four-analyst average estimate of $131.59 million. The reported number represents a year-over-year change of +10.1%.Gross Profit- Enterprise: $46.9 million versus $45.04 million estimated by three analysts on average.Gross Profit- Consumer: $81.8 million compared to the $81.65 million average estimate based on three analysts.View all Key Company Metrics for Coursera here>>>
Shares of Coursera have returned +5.3% over the past month versus the Zacks S&P 500 composite's +9.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Coursera faces deteriorating fundamentals and heightened operating risks, prompting a downgrade to neutral despite recent share price declines. Q1 results revealed enterprise segment weakness and shrinking adjusted EBITDA margins due to increased product and sales investments. Consumer segment growth remains robust, driven by expanding AI content and a growing registered learner base.
Coursera (COUR +0.47%) ended Friday's trading deep in the red. The education services company's share price ended the session down 11.6% even though the S&P 500 gained 0.8% and the Nasdaq Composite gained 1.6%.
Coursera published its first-quarter results after the market closed yesterday, and the market had a negative reaction to the print. With the pullback today, the stock is now down roughly 28% year to date.
Image source: Getty Images.
Coursera stock sinks on earnings miss Coursera reported non-GAAP (adjusted) earnings of $0.07 per share on sales of $195.7 million in Q1. While sales in the period topped the consensus estimate by roughly $0.6 million, earnings per share fell $0.01 short of the market's target. Results in the period weren't terrible, but the weaker-than-expected earnings added to concerns that the business could face softer pricing power and disruption from artificial intelligence (AI).
Today's Change
(
0.47
%) $
0.03
Current Price
$
5.36
What's next for Coursera? With its Q1 report, Coursera reaffirmed guidance for sales to come in between $805 million and $815 million this year. Hitting the midpoint of that guidance range would mean delivering annual growth of roughly 7% over the $757 million in sales the business recorded last year.
Coursera continues to enjoy the benefits of an entrenched customer base, and the company has its own opportunities to use AI to adapt to shifts in the competitive landscape. The company's Q1 results and forward guidance weren't terrible, and it's possible that investors are overreacting to the print.
Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Shares of Coursera, Inc. (NYSE:COUR – Get Free Report) hit a new 52-week low during mid-day trading on Saturday after Wall Street Zen downgraded the stock from a buy rating to a hold rating. The stock traded as low as $5.00 and last traded at $5.2850, with a volume of 15975919 shares trading hands. The stock had previously closed at $5.97.
Several other brokerages have also recently issued reports on COUR. Royal Bank Of Canada cut their price target on Coursera from $8.00 to $7.00 and set an “outperform” rating for the company in a research note on Friday. Telsey Advisory Group cut their target price on Coursera from $14.00 to $10.00 and set an “outperform” rating for the company in a research note on Friday. BMO Capital Markets reiterated an “outperform” rating and issued a $8.00 price target on shares of Coursera in a research note on Friday, February 6th. UBS Group reiterated a “neutral” rating and issued a $7.00 price target on shares of Coursera in a research note on Friday, February 6th. Finally, KeyCorp dropped their price target on Coursera from $12.00 to $10.00 and set an “overweight” rating for the company in a research note on Friday, February 6th. Eight analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $9.58.
Read Our Latest Report on Coursera
Insiders Place Their Bets In related news, SVP Alan B. Cardenas sold 9,710 shares of the stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $5.92, for a total value of $57,483.20. Following the completion of the sale, the senior vice president directly owned 217,876 shares in the company, valued at $1,289,825.92. This represents a 4.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 16.80% of the stock is owned by insiders.
More Coursera News Here are the key news stories impacting Coursera this week:
Positive Sentiment: Record learner growth and strong consumer momentum driven by AI content expansion — supports longer‑term TAM and monetization upside. Read More. Positive Sentiment: Needham reaffirmed a “buy” and $10 price target, signaling some analyst confidence in recovery potential. Read More. Neutral Sentiment: Q1 results: revenue ~$195.7M (≈in line, +9.1% y/y) but EPS of $0.07 missed estimates — mixed fundamentals that leave room for debate on near‑term profit trajectory. Read More. Neutral Sentiment: Guidance: FY revenue range $805M–$815M and Q2 revenue $196M–$200M were generally close to consensus but slightly toward the low side, limiting upside in the near term. Read More. Negative Sentiment: Multiple price‑target cuts: JPMorgan trimmed its PT to $8 (still overweight) and RBC cut to $7 — these marks put downward pressure on sentiment despite some bullish ratings. Read More. Read More. Negative Sentiment: Analyst critique and downgrade citing enterprise churn, shrinking adjusted‑EBITDA margins from increased product & sales investment, and deteriorating fundamentals — raises execution and margin risk. Read More. Negative Sentiment: Wider GAAP loss and a sharp (~88%) drop in free cash flow reported for the quarter, combined with elevated trading volume versus average, amplify near‑term selling pressure. Read More. Institutional Trading of Coursera Institutional investors and hedge funds have recently bought and sold shares of the stock. The Manufacturers Life Insurance Company boosted its position in shares of Coursera by 1.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 70,852 shares of the company’s stock worth $621,000 after purchasing an additional 1,027 shares in the last quarter. Merit Financial Group LLC boosted its stake in Coursera by 9.2% during the 3rd quarter. Merit Financial Group LLC now owns 13,184 shares of the company’s stock valued at $154,000 after purchasing an additional 1,112 shares during the last quarter. ProShare Advisors LLC boosted its stake in Coursera by 10.3% during the 4th quarter. ProShare Advisors LLC now owns 26,096 shares of the company’s stock valued at $192,000 after purchasing an additional 2,439 shares during the last quarter. Diversified Trust Co. boosted its stake in Coursera by 19.0% during the 4th quarter. Diversified Trust Co. now owns 17,691 shares of the company’s stock valued at $130,000 after purchasing an additional 2,824 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Coursera by 2.8% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 104,795 shares of the company’s stock valued at $698,000 after purchasing an additional 2,847 shares during the last quarter. 89.55% of the stock is currently owned by institutional investors and hedge funds.
Coursera Stock Performance The firm has a market cap of $894.80 million, a price-to-earnings ratio of -13.91 and a beta of 1.35. The business has a 50 day simple moving average of $6.03 and a 200-day simple moving average of $7.21.
Coursera (NYSE:COUR – Get Free Report) last released its quarterly earnings results on Thursday, April 23rd. The company reported $0.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.01). The company had revenue of $195.70 million for the quarter, compared to analyst estimates of $195.17 million. Coursera had a negative net margin of 8.23% and a negative return on equity of 5.41%. Coursera’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.12 EPS. As a group, research analysts anticipate that Coursera, Inc. will post -0.13 earnings per share for the current year.
Coursera Company Profile (Get Free Report)
Coursera, Inc (NYSE:COUR) operates a leading online learning platform that delivers courses, specializations, professional certificates and fully accredited degree programs in collaboration with top universities and industry partners. Founded in 2012 by Stanford University professors Andrew Ng and Daphne Koller, Coursera’s mission is to provide universal access to world-class education and bridge skill gaps in a rapidly evolving job market.
The platform features more than 6,000 offerings created by over 275 academic institutions and corporate entities, spanning fields such as data science, business, technology, health care and the arts.
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SAN DIEGO, April 28, 2026 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP is investigating potential claims on behalf of investors of Coursera, Inc. (NYSE: COUR). The investigation focuses on Coursera’s executive officers and whether investor losses may be recovered under federal securities laws.
What if I purchased Coursera securities?
If you purchased Coursera securities and suffered losses on your investment, join our investigation now: Click here to join the investigation.
Or for more information, contact Jim Baker at [email protected] or (619) 814-4471.
There is no cost or obligation to you.
Background of the investigation
On April 23, 2026, Coursera reported its first quarter 2026 financial results. Among other things, the Company disclosed first quarter revenue of $195.7 million, up 9% year-over-year, and reaffirmed its full-year 2026 revenue outlook of $805 million to $815 million. The Company also reported Enterprise revenue of $66.2 million, up 7% year-over-year.
In connection with these results, Coursera disclosed that performance in Coursera for Business, its largest Enterprise offering, remained below long-term expectations. The Company further disclosed that Enterprise growth remained slower than Consumer growth, and management discussed continued pressure affecting Enterprise demand and retention.
Following this disclosure, Coursera’s stock price declined, damaging investors.
In light of this disclosure, Johnson Fistel is investigating whether Coursera complied with the federal securities laws. If you suffered losses from your investment in Coursera stock, contact Johnson Fistel.
About Johnson Fistel, PLLP | Securities Fraud & Investor Rights
Johnson Fistel, PLLP is a nationally recognized shareholder-rights law firm with offices in California, New York, Georgia, Idaho, and Colorado. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits and also assists foreign investors who purchased shares on U.S. exchanges. To learn more, visit www.johnsonfistel.com.
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Combined company uniquely positioned to connect skills discovery, development, and verified mastery in a rapidly changing, AI-driven labor market
Enhances ability to build AI-powered, agentic solutions for skills development in the flow of work
Unites a global ecosystem encompassing 290 million learners, 18,000 enterprise customers, 95,000 instructors, and hundreds of university and industry partners
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Coursera, Inc. (NYSE: COUR) today announced the completion of its combination with Udemy, Inc. The transaction strengthens the combined company’s ability to accelerate AI-powered innovation and shape how skills are discovered, developed, and verified at a pivotal moment in global talent transformation.
“The close of this transaction marks the beginning of a new chapter for our combined company. Together, Coursera and Udemy have the scale, the data, and the talent to move faster and build something bold: the world’s most comprehensive skills platform for the AI era,” said Greg Hart, CEO of Coursera. “The need to continuously learn and master new skills has never been greater. Powered by the scale of our combined global ecosystem, we are moving beyond a content catalog to create a more adaptive, intelligent, and agentic skills delivery system — one that more directly connects skills development in the flow of work to real-world outcomes, helping individuals grow their careers and enabling organizations to empower the next generation of talent.”
Creates greater value, impact, and choice
As AI reshapes the skills required for nearly every role, individuals and organizations need a trusted partner to move faster, from identifying emerging skills to building and verifying mastery through a more integrated and complete skills development solution. Coursera and Udemy unite a global ecosystem of 95,000 content creators, encompassing hundreds of world-class educators alongside a dynamic instructor marketplace. This foundation enables the combined company to address the full talent lifecycle, from practical application of skills in the flow of work to high-quality credentials valued for rigor and trust.
Accelerates AI-powered product innovation
The combination expands Coursera’s capacity to invest in AI-native product innovation and agentic solutions, powered by the enhanced scale of its proprietary data and a deeper understanding of how the world learns and the skills employers value most. By connecting learning signals from more than 290 million learners with workforce insights from 18,000 enterprise customers, Coursera will build on the network effects of a unified global platform to accelerate a more connected and data-driven skills economy — linking skills intelligence, verified attainment, and real-world context to deliver more relevant and measurable learning experiences.
Together, Coursera and Udemy are better positioned to accelerate a skills-first future, helping individuals master emerging skills to advance their careers and empowering organizations with the capabilities to develop and deploy talent at the pace of technological change. Additional updates for learners, customers, instructors, and partners will be shared over time on the Coursera Blog at https://blog.coursera.org.
Strengthens financial profile and value creation opportunity
The transaction enhances Coursera’s financial profile, with combined annual revenue of more than $1.5 billion in 2025, structural margin expansion, and increased capacity to invest in product innovation and platform capabilities. As previously announced, the combination is expected to generate meaningful operating efficiencies, with anticipated run-rate annual cost synergies of $115 million within 24 months of closing. The company expects to realize a significant majority of these synergies within the first year. Together, these benefits are expected to support a stronger operating model and increase the company’s ability to invest in its long-term strategy.
The company is also committed to executing a sizable share repurchase program, reflecting Coursera’s confidence in its long-term strategy and the substantial value creation opportunity for the business and its stockholders. The company expects to announce further details regarding its share repurchase program within the next two weeks.
Leadership and Corporate Governance Updates
As previously announced, Greg Hart will continue to serve as Chief Executive Officer, and Mike Foley will continue to serve as Chief Financial Officer. The Board consists of nine directors, including six continuing on the Coursera Board and three formerly on the Udemy Board. Andrew Ng will continue to serve as Chairman of the Board.
Additional information about Coursera’s management team and Board is available at https://investor.coursera.com/governance/management.
Transaction and Closing Details
The transaction was announced on December 17, 2025, and approved by Coursera and Udemy stockholders on April 9, 2026.
Under the terms of the transaction, each outstanding share of Udemy common stock (except for shares owned directly by Coursera, Udemy or Chess Merger Sub, Inc.) was exchanged for 0.800 shares of Coursera common stock. Coursera did not issue fractional shares; former Udemy stockholders received cash in lieu of any fractional share of Coursera common stock to which they otherwise would have been entitled. Former Coursera stockholders own approximately 59% and former Udemy stockholders own approximately 41% of the combined company, on a fully diluted basis.
Coursera will continue to trade under the ticker symbol “COUR” on the New York Stock Exchange. With the closing of the transaction, Udemy’s common stock is being delisted and will no longer trade on NASDAQ.
About Coursera
Coursera was launched in 2012 by Andrew Ng and Daphne Koller with a mission to provide universal access to world-class learning. Today, it is one of the largest online learning platforms in the world. Coursera partners with leading university and industry partners to offer a broad catalog of content and credentials, including courses, Specializations, Professional Certificates, and degrees. Coursera’s platform innovations — including generative AI-powered features like Coach, Role Play, and Course Builder, and role-based solutions like Skills Tracks — enable instructors, partners, and companies to deliver scalable, personalized, and verified learning. Institutions worldwide rely on Coursera to upskill and reskill their employees, students, and citizens in high-demand fields such as GenAI, data science, technology, and business, while learners globally turn to Coursera to master the skills they need to advance their careers. Coursera is a Delaware public benefit corporation and a B Corp.
This press release contains forward-looking statements that involve substantial risks and uncertainties. Any statements contained in this press release that are not statements of historical facts may be deemed to be forward-looking statements. In some cases, you can identify forward-looking statements by terms such as: “accelerate,” “anticipate,” “believe,” “can,” “continue,” “could,” “demand,” “design,” “estimate,” “expand,” “expect,” “intend,” “may,” “might,” “mission,” “need,” “objective,” “ongoing,” “outlook,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would,” or the negative of these terms, or other comparable terminology intended to identify statements about the future. These forward-looking statements include, but are not limited to, statements regarding the expected benefits of our business combination with Udemy and the outlook for our results of operations and financial condition (including potential synergies) following such business combination; the expansion of our market opportunity; the global demand to embrace new skills; our progress in our growth initiatives; the opportunity to build a more comprehensive and adaptive skills platform designed for the AI era; our commitment to creating more personalized, engaging, and AI-native learning experiences; our initiatives to strengthen our position as a trusted source for verified learning; our mission to provide universal access to world-class learning; the demand for online learning; the strength of our customer and content creator relationships; the demand from learners to use our offerings to master career advancing skills; anticipated features and benefits of our offerings; the anticipated utility of our non-GAAP financial measures; anticipated growth rates; and our financial outlook, future financial and operational performance, and expectations, including our financial outlook for the second quarter of 2026 and full year 2026; among others. These forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from the information expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, the following: our ability to attract, engage, and retain learners; our ability to increase sales of our offerings; our limited operating history; the relative nascency of online learning solutions and generative AI; risks related to market acceptance and demand for our offerings; our ability to maintain and expand our existing content creator relationships and to develop new partnerships with universities, industry leaders, and subject matter experts; our dependence on the supply of content created by our partners; risks related to our AI innovations and AI generally; risks related to the business combination, including our ability to retain and hire key personnel and maintain relationships with customers, vendors and others with whom we do business as a result of the business combination; the impact of the business combination on our operating results and business generally; the outcome of any legal proceedings related to the business combination; the ability to successfully integrate Coursera’s and Udemy’s operations and business on a timely basis or otherwise in accordance with the standards and obligations applicable to the combined company as a public benefit corporation and as a B Corp.; our ability to implement our plans, forecasts and other expectations with respect to the combined company’s business and realize expected synergies and other benefits of the business combination within the expected timeframe or at all; potential business disruptions arising from the business combination; our ability to compete effectively; adverse impacts on our business and financial condition due to macroeconomic or market conditions; our ability to manage our growth; regulatory and/or policy matters or changes impacting us or our content creators; risks related to intellectual property; cybersecurity and privacy risks and regulations; potential disruptions to our platform; risks related to operations, regulatory, economic, and geopolitical conditions; current and future legal and regulatory matters; the impact of actions to improve operational efficiencies and operating costs; our history of net losses and ability to achieve or sustain profitability; natural disasters, public health crises, or other catastrophic events; and our status as a certified B Corp, as well as the risks and uncertainties discussed in our most recently filed annual and quarterly reports on Forms 10-K and 10-Q and subsequent filings and as detailed from time to time in our SEC filings. You should not rely upon forward-looking statements as predictions of future events. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that the future results, levels of activity, performance, or events and circumstances reflected in the forward-looking statements will be achieved or occur. Moreover, neither we nor any other person assumes responsibility for the accuracy and completeness of the forward-looking statements. Such forward-looking statements relate only to events as of the date of this press release. We undertake no obligation to update any forward-looking statements except to the extent required by law.
Significant authorization reflects leadership’s confidence in the strength of Coursera’s business and the substantial value creation opportunity for its shareholders
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Coursera, Inc. (NYSE: COUR) today announced that its Board of Directors (the “Board”) has approved a share repurchase program under which Coursera is authorized to repurchase up to $500 million of the Company’s common stock. The size of the repurchase program underscores the confidence of Coursera’s leadership in the execution of its strategy, the strength of its future cash flow, and the scale of the global skilling opportunity ahead.
Coursera believes that its enhanced scale following its recent combination with Udemy, Inc., strong financial position, and expected future cash generation, particularly following the achievement of anticipated operating synergies, provide the Company with ample capacity to opportunistically return capital to shareholders, while also investing for durable long-term growth. Coursera expects to fund repurchases with existing cash balances and cash flow from operations.
Repurchases under the program may be made from time to time in the open market, with the amount and timing of repurchases to be determined at Coursera’s discretion, depending on market conditions, corporate considerations, and other factors. Open market repurchases will be structured to occur in accordance with applicable federal securities laws, including the pricing and volume requirements of Rule 10b-18 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). The Company may also, from time to time, enter into trading plans intended to qualify under Rule 10b5-1 of the Exchange Act to facilitate repurchases of its shares under this authorization. This program does not have a fixed expiration date, does not obligate Coursera to acquire any particular amount of common stock, and may be modified, suspended, or discontinued at any time at the discretion of the Board.
About Coursera
Coursera was launched in 2012 by Andrew Ng and Daphne Koller with a mission to provide universal access to world-class learning. Coursera partners with leading university and industry partners to offer a broad catalog of content and credentials, including courses, Specializations, Professional Certificates, and degrees. Coursera’s platform innovations — including AI-powered personalized guide and features, like Role Play and Course Builder, and role-based solutions like Skills Tracks — enable instructors, partners, and companies to deliver scalable, personalized, and verified learning. Institutions worldwide rely on Coursera to upskill and reskill their employees, students, and citizens in high-demand fields such as GenAI, data science, technology, and business, while learners globally turn to Coursera to master the skills they need to advance their careers. Coursera is a Delaware public benefit corporation and a B Corp. Coursera recently combined with Udemy to create one of the world’s most comprehensive skills development platforms. Together, the Coursera and Udemy platforms reach 290 million learners and 18,000 enterprise customers worldwide.
This press release contains forward-looking statements that involve substantial risks and uncertainties. Any statements contained in this press release that are not statements of historical facts may be deemed to be forward-looking statements. In some cases, you can identify forward-looking statements by terms such as: “accelerate,” “anticipate,” “believe,” “can,” “continue,” “could,” “demand,” “design,” “estimate,” “expand,” “expect,” “intend,” “may,” “might,” “mission,” “need,” “objective,” “ongoing,” “outlook,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would,” or the negative of these terms, or other comparable terminology intended to identify statements about the future. These forward-looking statements include, but are not limited to, statements regarding Coursera leadership’s confidence in the execution of its strategy, strength of its future cash flow, scale of global skilling opportunity ahead, and the substantial value creation opportunity for its shareholders; Coursera’s belief that its enhanced scale in light of its recent business combination with Udemy, Inc. (the “business combination”), strong financial position, and expected future cash generation following achievement of anticipated operating synergies provide Coursera with opportunity to return capital to shareholders and invest in durable long-term growth; the anticipated amount, manner, and timing of execution of the share repurchase program; that Coursera expects to utilize its existing cash and cash equivalents to fund repurchases under the share repurchase program; the expected benefits of the business combination and the outlook for our results of operations and financial condition (including potential synergies) following the business combination; the expansion of our market opportunity; the global demand to embrace new skills; anticipated growth rates; and our financial outlook, future financial and operational performance, and expectations; among others. These forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from the information expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, the following: our ability to attract, engage, and retain learners; our ability to increase sales of our offerings; our limited operating history; the relative nascency of online learning solutions and generative AI; risks related to market acceptance and demand for our offerings; our ability to maintain and expand our existing content creator relationships and to develop new partnerships with universities, industry leaders, and subject matter experts; our dependence on the supply of content created by our partners; risks related to our AI innovations and AI generally; risks related to the business combination, including our ability to retain and hire key personnel and maintain relationships with customers, vendors, and others with whom we do business as a result of the business combination; the impact of the business combination on our operating results and business generally; the outcome of any legal proceedings related to the business combination; the ability to successfully integrate Coursera’s and Udemy’s operations and business on a timely basis or otherwise in accordance with the standards and obligations applicable to the combined company as a public benefit corporation and as a B Corp.; our ability to implement our plans, forecasts, and other expectations with respect to the combined company’s business and realize expected synergies and other benefits of the business combination within the expected timeframe or at all; potential business disruptions arising from the business combination; our ability to compete effectively; adverse impacts on our business and financial condition due to macroeconomic or market conditions; our ability to manage our growth; regulatory and/or policy matters or changes impacting us or our content creators; risks related to intellectual property; cybersecurity and privacy risks and regulations; potential disruptions to our platform; risks related to operations, regulatory, economic, and geopolitical conditions; current and future legal and regulatory matters; the impact of actions to improve operational efficiencies and operating costs; our history of net losses and ability to achieve or sustain profitability; natural disasters, public health crises, or other catastrophic events; and our status as a certified B Corp, as well as the risks and uncertainties discussed in our most recently filed annual and quarterly reports on Forms 10-K and 10-Q and subsequent filings and as detailed from time to time in our SEC filings. You should not rely upon forward-looking statements as predictions of future events. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that the future results, levels of activity, performance, or events and circumstances reflected in the forward-looking statements will be achieved or occur. Moreover, neither we nor any other person assumes responsibility for the accuracy and completeness of the forward-looking statements. Such forward-looking statements relate only to events as of the date of this press release. We undertake no obligation to update any forward-looking statements except to the extent required by law.
Coursera, Inc. (NYSE: COUR) today announced that its Board of Directors (the “Board”) has approved a share repurchase program under which Coursera is authorized to repurchase up to $500 million of the Company’s common stock. The size of the repurchase program underscores the confidence of Coursera’s leadership in the execution of its strategy, the strength of its future cash flow, and the scale of the global skilling opportunity ahead.
Coursera believes that its enhanced scale following its recent combination with Udemy, Inc., strong financial position, and expected future cash generation, particularly following the achievement of anticipated operating synergies, provide the Company with ample capacity to opportunistically return capital to shareholders, while also investing for durable long-term growth. Coursera expects to fund repurchases with existing cash balances and cash flow from operations.
Repurchases under the program may be made from time to time in the open market, with the amount and timing of repurchases to be determined at Coursera’s discretion, depending on market conditions, corporate considerations, and other factors. Open market repurchases will be structured to occur in accordance with applicable federal securities laws, including the pricing and volume requirements of Rule 10b-18 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). The Company may also, from time to time, enter into trading plans intended to qualify under Rule 10b5-1 of the Exchange Act to facilitate repurchases of its shares under this authorization. This program does not have a fixed expiration date, does not obligate Coursera to acquire any particular amount of common stock, and may be modified, suspended, or discontinued at any time at the discretion of the Board.
About Coursera
Coursera was launched in 2012 by Andrew Ng and Daphne Koller with a mission to provide universal access to world-class learning. Coursera partners with leading university and industry partners to offer a broad catalog of content and credentials, including courses, Specializations, Professional Certificates, and degrees. Coursera’s platform innovations — including AI-powered personalized guide and features, like Role Play and Course Builder, and role-based solutions like Skills Tracks — enable instructors, partners, and companies to deliver scalable, personalized, and verified learning. Institutions worldwide rely on Coursera to upskill and reskill their employees, students, and citizens in high-demand fields such as GenAI, data science, technology, and business, while learners globally turn to Coursera to master the skills they need to advance their careers. Coursera is a Delaware public benefit corporation and a B Corp. Coursera recently combined with Udemy to create one of the world’s most comprehensive skills development platforms. Together, the Coursera and Udemy platforms reach 290 million learners and 18,000 enterprise customers worldwide.
This press release contains forward-looking statements that involve substantial risks and uncertainties. Any statements contained in this press release that are not statements of historical facts may be deemed to be forward-looking statements. In some cases, you can identify forward-looking statements by terms such as: “accelerate,” “anticipate,” “believe,” “can,” “continue,” “could,” “demand,” “design,” “estimate,” “expand,” “expect,” “intend,” “may,” “might,” “mission,” “need,” “objective,” “ongoing,” “outlook,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would,” or the negative of these terms, or other comparable terminology intended to identify statements about the future. These forward-looking statements include, but are not limited to, statements regarding Coursera leadership’s confidence in the execution of its strategy, strength of its future cash flow, scale of global skilling opportunity ahead, and the substantial value creation opportunity for its shareholders; Coursera’s belief that its enhanced scale in light of its recent business combination with Udemy, Inc. (the “business combination”), strong financial position, and expected future cash generation following achievement of anticipated operating synergies provide Coursera with opportunity to return capital to shareholders and invest in durable long-term growth; the anticipated amount, manner, and timing of execution of the share repurchase program; that Coursera expects to utilize its existing cash and cash equivalents to fund repurchases under the share repurchase program; the expected benefits of the business combination and the outlook for our results of operations and financial condition (including potential synergies) following the business combination; the expansion of our market opportunity; the global demand to embrace new skills; anticipated growth rates; and our financial outlook, future financial and operational performance, and expectations; among others. These forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from the information expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, the following: our ability to attract, engage, and retain learners; our ability to increase sales of our offerings; our limited operating history; the relative nascency of online learning solutions and generative AI; risks related to market acceptance and demand for our offerings; our ability to maintain and expand our existing content creator relationships and to develop new partnerships with universities, industry leaders, and subject matter experts; our dependence on the supply of content created by our partners; risks related to our AI innovations and AI generally; risks related to the business combination, including our ability to retain and hire key personnel and maintain relationships with customers, vendors, and others with whom we do business as a result of the business combination; the impact of the business combination on our operating results and business generally; the outcome of any legal proceedings related to the business combination; the ability to successfully integrate Coursera’s and Udemy’s operations and business on a timely basis or otherwise in accordance with the standards and obligations applicable to the combined company as a public benefit corporation and as a B Corp.; our ability to implement our plans, forecasts, and other expectations with respect to the combined company’s business and realize expected synergies and other benefits of the business combination within the expected timeframe or at all; potential business disruptions arising from the business combination; our ability to compete effectively; adverse impacts on our business and financial condition due to macroeconomic or market conditions; our ability to manage our growth; regulatory and/or policy matters or changes impacting us or our content creators; risks related to intellectual property; cybersecurity and privacy risks and regulations; potential disruptions to our platform; risks related to operations, regulatory, economic, and geopolitical conditions; current and future legal and regulatory matters; the impact of actions to improve operational efficiencies and operating costs; our history of net losses and ability to achieve or sustain profitability; natural disasters, public health crises, or other catastrophic events; and our status as a certified B Corp, as well as the risks and uncertainties discussed in our most recently filed annual and quarterly reports on Forms 10-K and 10-Q and subsequent filings and as detailed from time to time in our SEC filings. You should not rely upon forward-looking statements as predictions of future events. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that the future results, levels of activity, performance, or events and circumstances reflected in the forward-looking statements will be achieved or occur. Moreover, neither we nor any other person assumes responsibility for the accuracy and completeness of the forward-looking statements. Such forward-looking statements relate only to events as of the date of this press release. We undertake no obligation to update any forward-looking statements except to the extent required by law.
Source Code: COUR-IR
View source version on businesswire.com: https://www.businesswire.com/news/home/20260518760376/en/
92% of US employers willing to offer higher starting salaries to graduates with micro-credentials By 2030, employers expect nearly 4 in 10 key skills required for the job market to change. As technological progress reshapes work, new data from Coursera (NYSE: COUR), a leading global online learning platform, finds that 92% of US employers are willing to offer higher starting salaries to graduates who have earned industry micro-credentials.
Coursera’s Micro-Credentials Impact Report 2026, based on perspectives from over 3,500 learners, employers, and higher education leaders regarding the rising demand for micro-credentials and their real-world impact, found that 79% of US employers say that micro-credential holders demonstrate improved productivity in their first year.
“Over the next decade, over 1.2 billion people are due to enter the global workforce, while 60% of the world’s existing workforce will also require reskilling,” said Marni Baker Stein, Chief Content Officer, Coursera. “This report provides clear evidence that job-relevant industry micro-credentials are helping to meet an unprecedented demand for skills, and providing tangible ROI for students, employers, and universities that offer them.”
Key findings from Coursera’s Micro-Credentials Impact Report include:
In a challenging job market, micro-credentials allow candidates to stand out, increasing the likelihood that they get hired, get jobs in their chosen field, and get promoted. 85% of US graduates with micro-credentials report securing a role aligned to their field within 12 months 83% of employed US graduates say micro-credentials played a significant role in securing their position 61% of US employers say candidates with micro-credentials move more quickly through the hiring pipeline 60% of US employers say employees with micro-credentials are more likely to be promoted or assigned expanded responsibilities compared to those without For employers, micro-credentials offer greater confidence in a candidate’s job readiness, reduce their hiring risk and training costs, and improve productivity and profitability. 94% of US employers have hired multiple graduates with micro-credentials in the last year Through the sort of targeted, role-based learning offered by micro-credentials, 52% of US employers report a significant boost in productivity, and 54% see a significant impact on profitability 79% of US employers say entry-level hires with micro-credentials perform better in their first year, suggesting these credentials also support early productivity For universities, embedding micro-credentials into degrees improves curriculum agility, strengthens industry alignment, and drives student enrollment, retention, and motivation—particularly when offered for credit. 71% of US academic leaders say institutions without embedded micro-credentials face moderate or significant strategic risk Twice as many students (71%) say they’re likely to enroll in a program offering credit-bearing micro-credentials, compared with just 35% for programs with none. 89% of US students report increased motivation when coursework leads to industry-recognized credentials 86% of US higher education leaders agree that embedding micro-credentials speeds up curriculum updates In the United States, higher education institutions are increasingly prepared to integrate micro-credentials into their curricula to improve the value of their degrees and differentiate themselves on student employability. Key findings from US university leaders regarding their strategic priorities include:
91% of US higher ed leaders say embedding micro-credentials links learning with workforce relevance (Global: 82%; +9 percentage points). 49% of US higher ed leaders rank credit alignment among their top three decision criteria when selecting micro-credentials (Global: 42%; +7 percentage points). 83% of US higher ed leaders are willing to pay a premium for credit alignment (Global: 67%; +16 percentage points). Coursera’s research also identifies key criteria that ensure micro-credentials offer value and return on investment to learners and institutions. They emphasize:
Industry-alignment: Employers place significantly greater value on micro-credentials developed with industry partners (82%) compared to those developed solely by academic institutions. Academic credit: 82% of graduates with credit-bearing credentials report salary increases of 10% or more (compared with 60% for non-credit) Assessments of applied skills: 82% of students and 88% of graduates prefer project- or industry-based micro-credentials over content-only credentials In a skills-first economy, learning must prove what learners can do, not just what they studied. By embedding industry-recognized credentials into their programs, institutions can directly meet employer expectations and prepare their graduates to be job-ready on day one.
To learn more, download the full report here.
About Coursera
Coursera was launched in 2012 by Andrew Ng and Daphne Koller with a mission to provide universal access to world-class learning. Coursera partners with leading university and industry partners to offer a broad catalog of content and credentials, including courses, Specializations, Professional Certificates, and degrees. Coursera’s platform innovations—including AI-powered personalized guide and features, like Role Play and Course Builder, and role-based solutions like Skills Tracks—enable instructors, partners, and companies to deliver scalable, personalized, and verified learning. Institutions worldwide rely on Coursera to upskill and reskill their employees, students, and citizens in high-demand fields such as GenAI, data science, technology, and business, while learners globally turn to Coursera to master the skills they need to advance their careers. Coursera is a Delaware public benefit corporation and a B Corp. Coursera recently combined with Udemy to create one of the world’s most comprehensive skills development platforms.
Methodology
Coursera, in partnership with Rep Data, surveyed learners, employers, and higher education leaders across seven countries in February and March 2026. Surveys were conducted online and by telephone using computer-assisted telephone interviewing (CATI).
In each country—the United States, United Kingdom, India, Saudi Arabia, Mexico, Indonesia, and the Philippines—the sample included approximately 300 learners (split roughly evenly between current university students and recent graduates), 100 employers, and 100 higher education leaders.
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MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Coursera, Inc. (NYSE: COUR), a leading global online learning platform, today announced that it will host a supplemental post-merger modeling call on Tuesday, June 23, 2026, at 5:30 a.m. PT / 8:30 a.m. ET. The company’s chief financial officer, Mike Foley, will provide an overview of the combined company’s full year 2026 financial profile following the close of its merger with Udemy on May 11, 2026. Prepared remarks will be followed by an analyst question-and-answer session.
A live webcast and archived replay of the virtual conversation will be available on Coursera’s investor relations website at investor.coursera.com.
Disclosure Information
In compliance with disclosure obligations under Regulation FD, Coursera announces material information to the public through a variety of means, including filings with the Securities and Exchange Commission (“SEC”), press releases, company blog posts, public conference calls, and webcasts, as well as via Coursera’s investor relations website.
About Coursera
Coursera was launched in 2012 by Andrew Ng and Daphne Koller with a mission to provide universal access to world-class learning. Coursera partners with leading university and industry partners to offer a broad catalog of content and credentials, including courses, Specializations, Professional Certificates, and degrees. Coursera’s platform innovations — including AI-powered personalized guide and features, like Role Play and Course Builder, and role-based solutions like Skills Tracks — enable instructors, partners, and companies to deliver scalable, personalized, and verified learning. Institutions worldwide rely on Coursera to upskill and reskill their employees, students, and citizens in high-demand fields such as GenAI, data science, technology, and business, while learners globally turn to Coursera to master the skills they need to advance their careers. Coursera is a Delaware public benefit corporation and a B Corp. Coursera recently combined with Udemy to create one of the world’s most comprehensive skills development platforms. Together, the Coursera and Udemy platforms reach 290 million learners and 18,000 enterprise customers worldwide.
Coursera, Inc. (NYSE: COUR), a leading global online learning platform, today announced that it will host a supplemental post-merger modeling call on Tuesday, June 23, 2026, at 5:30 a.m. PT / 8:30 a.m. ET. The company’s chief financial officer, Mike Foley, will provide an overview of the combined company’s full year 2026 financial profile following the close of its merger with Udemy on May 11, 2026. Prepared remarks will be followed by an analyst question-and-answer session.
A live webcast and archived replay of the virtual conversation will be available on Coursera’s investor relations website at investor.coursera.com.
Disclosure Information
In compliance with disclosure obligations under Regulation FD, Coursera announces material information to the public through a variety of means, including filings with the Securities and Exchange Commission (“SEC”), press releases, company blog posts, public conference calls, and webcasts, as well as via Coursera’s investor relations website.
About Coursera
Coursera was launched in 2012 by Andrew Ng and Daphne Koller with a mission to provide universal access to world-class learning. Coursera partners with leading university and industry partners to offer a broad catalog of content and credentials, including courses, Specializations, Professional Certificates, and degrees. Coursera’s platform innovations — including AI-powered personalized guide and features, like Role Play and Course Builder, and role-based solutions like Skills Tracks — enable instructors, partners, and companies to deliver scalable, personalized, and verified learning. Institutions worldwide rely on Coursera to upskill and reskill their employees, students, and citizens in high-demand fields such as GenAI, data science, technology, and business, while learners globally turn to Coursera to master the skills they need to advance their careers. Coursera is a Delaware public benefit corporation and a B Corp. Coursera recently combined with Udemy to create one of the world’s most comprehensive skills development platforms. Together, the Coursera and Udemy platforms reach 290 million learners and 18,000 enterprise customers worldwide.
Source Code: COUR-IR
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