Added to YB: 2025-10-20
Pitch date: 2025-10-16
UDMY [bearish]
Udemy, Inc.
+26.72%
current return
Author Info
No bio for this author
Company Info
Udemy, Inc., a learning company, that operates a marketplace platform for learning skills in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.
Market Cap
$690.4M
Pitch Price
$6.55
Price Target
4.50 (-6%)
Dividend
N/A
EV/EBITDA
10.62
P/E
186.09
EV/Sales
0.43
Sector
Diversified Consumer Services
Category
N/A
I am short $UDMY
UDMY short: PT $4.5 (-30%) despite $2.5/sh net cash. Revenue decelerating across segments, needs 13% EBITDA margins for FCFE breakeven but growth/margin expansion unlikely given macro headwinds, higher churn, lower NDR. AI may obsolete human video learning content. Mgmt predicts H2'25 turnaround but lacks fundamental justification.
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