Get intelligentvalue.com

Own it today or select a payment plan

Buy Now$3,879Payment Plan$325/mo

Secured by Stripe

Premium Domain Name

intelligentvalue.com

is available for purchase

51 views

Visitors from

US 54%·

AU 32%·

IN 7%·

GB 2%·

FR 2%

Perfect for

Financial Consulting Technology Startups Educational Services Economic Forecasting E-commerce Solutions Business Analytics Artificial Intelligence Solutions Investment Advisory Strategic Planning Market Research

Unlock the potential of 'intelligentvalue.com', a premium domain that embodies sophistication and expertise in investment advisory and financial consulting. Perfect for businesses in artificial intelligence solutions, market research, and strategic planning, this memorable domain conveys a strong branding message that resonates with clients seeking innovative and data-driven insights. Elevate your presence in the competitive landscape with a digital identity that signifies intelligence, value, and forward-thinking solutions.

Safe & Secure

Protected transactions with Stripe

Fast Transfer

Domain transferred within 24 hours

Flexible Payments

Interest-free payment plans available

Why Coursera (COUR) Stock Is Trading Lower Today

October 25, 2024 at 11:24 AM EDT

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

COUR Cover Image

What Happened?

Shares of online learning platform Coursera (NYSE: COUR) fell 23.6% in the morning session after the company reported underwhelming third-quarter earnings as it lowered its full-year revenue guidance, which also fell below Wall Street's expectations. However, revenue beat by a narrow margin, though EBITDA beat by a more convincing amount. The underperformance was driven partly by weakness in the Enterprise segment as Net Retention Rate for Paid Enterprise Customers fell to 89%, down from 93% in the previous quarter. The Degrees segment is also partly to be blamed as revenue declined again quarter on quarter.

Moving on to the bottom line, the company announced an initiative to realize $30 million in cost savings, including plans to reduce its workforce by 10%. This enabled the company to raise FY'24 adjusted EBITDA guidance by 5.4%. Overall, this was a weaker quarter for the company, with the market likely concerned about the weak sales outlook.

The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Coursera? Access our full analysis report here, it’s free.

What The Market Is Telling Us

Coursera’s shares are quite volatile and have had 15 moves greater than 5% over the last year. But moves this big are rare even for Coursera and indicate this news significantly impacted the market’s perception of the business.

The biggest move we wrote about over the last year was 3 months ago when the stock gained 54.9% on the news that the company reported second-quarter earnings results. Coursera increased its number of users. Its revenue and adjusted EBITDA also outperformed Wall Street's estimates. Notably, sales across all major operating segments exceeded Wall Street's estimates, and the company surpassed two million enrollments for its generative AI courses. That the company maintained full-year guidance for revenue, and adjusted EBITDA means it's squarely on track. Overall, this quarter was solid.

Coursera is down 63.7% since the beginning of the year, and at $7.01 per share, it is trading 66.7% below its 52-week high of $21.04 from December 2023. Investors who bought $1,000 worth of Coursera’s shares at the IPO in March 2021 would now be looking at an investment worth $155.67.

Do you want to know what moves the business you care about? Add them to your StockStory watchlist and every time a stock significantly moves, we provide you with a timely explanation straight to your inbox. It’s free and will only take you a second.

Report this content

If you believe this article contains misleading, harmful, or spam content, please let us know.

Report this article