In a report released today, Jeffrey Silber from BMO Capital maintained a Buy rating on Coursera (COUR – Research Report), with a price target of $9.00.
Jeffrey Silber has given his Buy rating due to a combination of factors that highlight Coursera’s strong performance and promising outlook. The company’s first-quarter results exceeded expectations, with revenues and adjusted EBITDA surpassing consensus estimates. This was achieved through selective spending and robust growth in both the Consumer and Enterprise segments, driven by effective top-of-funnel activities and favorable economic arrangements.
Furthermore, the appointment of a new CEO, Greg Hart, who is focused on product innovation and expanding Coursera’s content engine, adds to the positive sentiment. The company’s guidance for 2025 indicates continued revenue growth, supported by a stable Consumer segment and a recovering Enterprise market. These factors, combined with Coursera’s efficient operating model, suggest that the company is well-positioned for future growth, justifying the Buy rating.
Silber covers the Industrials sector, focusing on stocks such as Robert Half, Trueblue, and ManpowerGroup. According to TipRanks, Silber has an average return of 7.8% and a 58.25% success rate on recommended stocks.
In another report released today, Morgan Stanley also maintained a Buy rating on the stock with a $10.00 price target.