Udemy: Solid Q4 Performance and Coursera Merger Create Compelling Risk-Reward Supporting Buy Rating

Needham analyst Ryan MacDonald maintained a Buy rating on Udemy Inc today and set a price target of $8.00.

Ryan MacDonald’s rating is based on the company’s solid fourth-quarter performance and the strategic value of its pending merger with Coursera. He appears to view Udemy’s recent results as evidence of operational strength, while the all-stock transaction structure provides a clear value framework for existing shareholders.

In addition, the planned share exchange into Coursera stock offers investors continued exposure to the combined entity’s long-term growth potential. Despite the lack of formal FY26 guidance and no earnings call, MacDonald seems to believe the business fundamentals and merger terms together create an attractive risk-reward profile, supporting his Buy recommendation on UDMY shares.

In another report released on February 4, TipRanks – PerPlexity also upgraded the stock to a Buy with a $5.00 price target.