Coursera Should Be Profitable Over Time Given Scalable Nature Of Its Learning Platform, Analyst Says
Portfolio Pulse from Lekha Gupta
BMO Capital Markets analyst Jeffrey M. Silber initiated coverage on Coursera Inc (NYSE:COUR) with an Outperform rating and a price target of $24. The analyst expects Coursera's strong revenue growth to continue and believes the company can become profitable over time due to the scalable nature of its learning platform. The analyst estimates revenue of $713 million and EPS of $0.06 in FY24.
October 12, 2023 | 5:56 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Coursera has been given an Outperform rating and a price target of $24 by BMO Capital Markets analyst Jeffrey M. Silber. The analyst expects strong revenue growth and profitability over time.
The analyst's positive outlook on Coursera, including the expectation of strong revenue growth and eventual profitability, is likely to have a positive impact on the company's stock in the short term. The Outperform rating and price target of $24 also indicate a positive view of the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100