JPMorgan Starts Coursera Inc (COUR) at Neutral

JPMorgan analyst Bryan Smilek initiates coverage on Coursera Inc (NYSE: COUR) with a Neutral rating and a price target of $8.00.

The analyst comments: "Coursera is a leading online learning platform providing ~162M registered learners, ~1.6k paid enterprise customers, & ~26.4k degrees students access to stackable content/credentials. Coursera operates a three-sided marketplace that generates platform advantages through its educator partner network, content, global reach, & data/tech innovation. We believe Coursera is well-positioned to capture share of its $309B TAM, w/greater focus on reskilling/ upskilling around GenAI. We project Revenue growing at a +8% 2023-2026E CAGR & expect progress toward mgmt’s 15-20% L-T Adj. EBITDA goal (9.2% Adj. EBITDA margins in 2026E). We are positive on Coursera’s global scale, differentiated content/credentials, platform advantages, diversified revenue, and improving bottom line. However, COUR is navigating growth headwinds, & we look for execution & improved revenue trends, more favorable macro, & greater profit, some of which could drive improved performance in 2025."

For an analyst ratings summary and ratings history on Coursera Inc click here. For more ratings news on Coursera Inc click here.

Shares of Coursera Inc closed at $7.11 yesterday.

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