Ryan MacDonald analyst at Needham reiterates coverage on Udemy Inc (UDMY) in the tech stock sector with a Buy rating. TipRanks.com has MacDonald rated as a 4.7 star analyst with a 49% return on investment and a 12.4% success rate. MacDonald has set a price target of $ 17.
TipRanks.com reports that Udemy Inc stock currently has 9 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $18.67. The target pricing ranges from a high forecast of $32.00 down to a low forecast of $13.00. Udemy Inc (UDMY) stock's last closing price was $13.2 which would put the average price target at 41.44% upside.
In addition, Barchart.com has a Weak buy rating and Yahoo! Finance has a Neutral short-term outlook. Remember, securities are volatile, so please do your own research on UDMY's stock.
Other analysts covering UDMY stock include:
- Brett Knoblauch of Cantor Fitzgerald issued a Buy rating with the price target of $ 20 on 1 week ago
- Terry Tillman of Truist Financial issued a Buy rating with the price target of $ 20 on 1 month ago
- Robert Oliver of Robert W. Baird issued a Buy rating with the price target of $ 18 on 1 month ago
- Jason Celino of KeyBanc issued a Buy rating with the price target of $ 16 on 1 month ago
Just a reminder, one resource you need to consider using Tipranks.com where as a premium member you get access to all buy ratings, price targets and insider trading signals.
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