Coursera Inc [COUR] Stock trading around $7.62 per share: What’s Next?

Coursera Inc [NYSE: COUR] surged by $0.13 during the normal trading session on while it closed the day at $7.62.

Coursera Inc stock has also loss -0.26% of its value over the past 7 days. However, COUR stock has declined by -28.92% in the 3 months of the year. Over the past six months meanwhile, it has lost -35.15% and lost -60.66% year-on date.

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The market cap for COUR stock reached $1.20 billion, with 155.32 million shares outstanding and 130.58 million shares in the current float. Compared to the average trading volume of 2.26M shares, COUR reached a trading volume of 5806537 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about 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 $15.83 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 1.53. 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.

BofA Securities have made an estimate for Coursera Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 19, 2024. While these analysts kept the previous recommendation, Telsey Advisory Group dropped their target price from $25 to $18. The new note on the price target was released on April 30, 2024, representing the official price target for Coursera Inc stock. Previously, the target price had yet another drop from $18 to $14, while Goldman kept a Sell rating on COUR stock.

The Average True Range (ATR) for Coursera Inc is set at 0.33, with the Price to Sales ratio for COUR stock in the period of the last 12 months amounting to 1.77. The Price to Book ratio for the last quarter was 2.04, with the Price to Cash per share for the same quarter was set at 4.53. Price to Free Cash Flow for COUR in the course of the last twelve months was 19.11 with Quick ratio for the last quarter at 2.52.

COUR stock trade performance evaluation

Coursera Inc [COUR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.26. With this latest performance, COUR shares dropped by -2.31% in over the last four-week period, additionally sinking by -35.15% over the last 6 months – not to mention a drop of -57.36% 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 48.52, with the RSI for the last a single of trading hit 50.02, and the three-weeks RSI is set at 48.17 for Coursera Inc [COUR]. The present Moving Average for the last 50 days of trading for this stock 7.83, while it was recorded at 7.60 for the last single week of trading, and 10.81 for the last 200 days.

Coursera Inc [COUR]: An insightful look at the core fundamentals

Coursera Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.52 and a Current Ratio set at 2.52.

Earnings per share (EPS) analysis for Coursera Inc [COUR] stock

With the latest financial reports released by the company, Coursera Inc posted -0.01/share EPS, while the average EPS was predicted by analysts to be reported at -0.07/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.06. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for COUR.

Coursera Inc [COUR]: Institutional Ownership

There are presently around $83.35%, or 88.32%% of COUR stock, in the hands of institutional investors. The top three institutional holders of COUR stocks are: BAILLIE GIFFORD & CO with ownership of 22.3 million shares, which is approximately 14.2591%. NEA MANAGEMENT COMPANY, LLC, holding 12.87 million shares of the stock with an approximate value of $$92.13 million in COUR stocks shares; and NEA MANAGEMENT COMPANY, LLC, currently with $$81.92 million in COUR stock with ownership which is approximately 7.3167%.

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