Coursera Faces Stock Plunge as Revenue Expectations Drop
Tuesday, 30 April 2024, 17:29
Coursera's Stock Plunge
The market reacted negatively to Coursera's revised revenue forecast for 2024, causing its stock to hit record lows.
AI Course Expectations
Despite high hopes for AI courses to spur growth, Coursera's guidance cut suggests otherwise.
Investor Caution
- Q1 had positive metrics, but the lowered revenue outlook raises concerns.
- Coursera's stock valuation is reasonable, but uncertainties persist regarding growth potential.
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