Analyst Ryan MacDonald from Needham reiterated a Buy rating on Coursera and keeping the price target at $11.00.
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Ryan MacDonald has given his Buy rating due to a combination of factors surrounding Coursera’s recent performance and future prospects. The company recently delivered strong results in the first quarter, surpassing expectations and reinstating guidance for the full year that exceeded market consensus. This positive outlook is further supported by Coursera’s strategic investments in AI features and enhanced content, which are expected to drive growth and improve operational leverage over time.
In addition, management’s forecast of a 100 basis point expansion in EBITDA for 2025 highlights a focus on profitability, which is anticipated to be evident in the upcoming second quarter results. MacDonald believes that these factors collectively position Coursera for potential outperformance, reinforcing the Buy rating on the stock.
In another report released on July 7, BMO Capital also maintained a Buy rating on the stock with a $10.00 price target.