Coursera Inc [COUR] stock Reiterated by Telsey Advisory Group analyst, price target now $18

Coursera Inc [NYSE: COUR] stock went on an upward path that rose over 3.85% on Thursday, amounting to a one-week price increase of more than 3.26%.

Over the last 12 months, COUR stock dropped by -44.97%. The one-year Coursera Inc stock forecast points to a potential upside of 55.31. The average equity rating for COUR stock is currently 1.67, trading closer to a bullish pattern in the stock market.

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The market cap for the stock reached $1.14 billion, with 155.32 million shares outstanding and 129.74 million shares in the current float. Compared to the average trading volume of 2.66M shares, COUR stock reached a trading volume of 2829749 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Coursera Inc [COUR]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for COUR shares is $16.29 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on COUR stock is a recommendation set at 1.67. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Telsey Advisory Group have made an estimate for Coursera Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on April 30, 2024. While these analysts kept the previous recommendation, Goldman dropped their target price from $18 to $14. The new note on the price target was released on January 19, 2024, representing the official price target for Coursera Inc stock. Previously, the target price had yet another raise to $24, while BMO Capital Markets analysts kept a Outperform rating on COUR stock. On July 28, 2023, analysts increased their price target for COUR shares from 13 to 17.

The Average True Range (ATR) for Coursera Inc is set at 0.29, with the Price to Sales ratio for COUR stock in the period of the last 12 months amounting to 1.73. The Price to Book ratio for the last quarter was 1.88, with the Price to Cash per share for the same quarter was set at 4.66. Price to Free Cash Flow for COUR in the course of the last twelve months was 35.57 with Quick ratio for the last quarter at 2.67.

COUR Stock Performance Analysis:

Coursera Inc [COUR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.26. With this latest performance, COUR shares gained by 0.97% in over the last four-week period, additionally sinking by -61.88% over the last 6 months – not to mention a drop of -44.97% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for COUR stock in for the last two-week period is set at 49.80, with the RSI for the last a single of trading hit 58.78, and the three-weeks RSI is set at 42.56 for Coursera Inc [COUR]. The present Moving Average for the last 50 days of trading for this stock 7.78, while it was recorded at 7.16 for the last single week of trading, and 14.94 for the last 200 days.

Insight into Coursera Inc Fundamentals:

Coursera Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.67 and a Current Ratio set at 2.67.

Coursera Inc [COUR] Institutonal Ownership Details

The top three institutional holders of COUR stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in COUR stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in COUR stock with ownership which is approximately 5.1238%.