Coursera’s Analyst Day Takeaways
<p>RBC Capital provided its views on <a href='https://financialmodelingprep.com/financial-summary/COUR'>Coursera, Inc. (NYSE:COUR)</a> following the company’s 2023 Analysts Day, noting they came away incrementally positive on the long-term growth and margin potential, as well as for a rebound in 2024. </p>
<p>Management introduced an encouraging long-term target operating model, calling for 25-30% revenue growth and a conservative 15-20% adjusted EBITDA margin, with a thorough breakdown of the underlying drivers. </p>
<p>In addition, the company set a couple of 2024 targets, including turning profitable and Degrees revenue growth accelerating to over 25%. Coursera noted subscriptions accounted for 95% of 2022 Consumer revenue, up from 82% in 2020, with an average paid learner retention of 3-5 months. The analysts believe supporting the durable growth is this sustained innovation around pricing and packaging, an accelerating pace of content generation (especially professional certificates), and international opportunity.</p>

NYSE:COUR