Coursera Plunges 17% as Core Revenue Slips, $100M AI Bet Raises Eyebrows
COUR is trading near its 52-week low of $5 (2.7% above the low) on elevated volume (2.3× avg).
Summary
Coursera shares tumbled 17% after the company revealed that second-quarter revenue, excluding the Udemy acquisition, actually fell 1% — a stark contrast to the headline 60% jump. The consumer business was the weak spot, with normalized revenue down 5%, and management warned subscription pressure will persist as it pivots to a subscription-first model. Adding to the pain, the company disclosed a $100 million investment in AI startup LearnVector, which analysts flagged as a liquidity drain with no near-term revenue benefit. This follows yesterday's initial Q2 release that beat estimates, but today's details expose underlying softness and a costly strategic bet. With Q3 guidance implying another normalized revenue decline, the stock is now trading near its 52-week low.
At the time of this announcement, COUR was trading at $5.14 on NYSE in the Technology sector, with a market capitalization of approximately $1.5B. The 52-week trading range was $5.00 to $12.93. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.