Needham analyst Ryan MacDonald reiterated a Buy rating on Coursera today and set a price target of $14.00.
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Ryan MacDonald has given his Buy rating due to a combination of factors including Coursera’s impressive performance in the second quarter, where both consumer and enterprise segments showed accelerated growth. The company has maintained its full-year revenue guidance and EBITDA margin expectations, indicating a stable financial outlook.
Additionally, the recent partnership with OpenAI is expected to enhance growth in the consumer segment by providing a significant opportunity to attract new users. In the enterprise segment, investors are keenly observing the net revenue retention and strategic updates following a new leadership appointment. The ongoing CFO transition also highlights the importance of Coursera’s fiscal year 2025 outlook, with expectations for consistency in guidance until a new CFO is appointed.
MacDonald covers the Technology sector, focusing on stocks such as Duolingo, Liveperson, and Yext. According to TipRanks, MacDonald has an average return of 3.5% and a 45.09% success rate on recommended stocks.