Reply To: Traders Market Weekly: Hello There 2022


Coursera (COUR) was named as a top pick in ed-tech at Needham ($45 tgt).

“In our view, 2022 sets up nicely for COUR across all 3 of its business segments. We expect enterprise to benefit from an increased CHRO focus on talent retention and development that is resulting in budget increases. While Coursera benefited from this trend in 2021, we believe newly introduced offerings like Levelsets, Skillsets and Academies will help COUR expand relationships with existing customers. Degrees growth should be bolstered by an increase to 35 live programs from 24, while expansion of GM-accretive pro certs and easing comps creates potential for consumer upside. With the potential for 30%+ growth, we see the shares as valued attractively at an EV/sales multiple of 5.4x our FY22E estimate.”