Udemy Stock Discussion

$Udemy (UDMY.US)$ why is this dropping if earnings were positive?

I started my investing journey on 9 June with no prior experience. So it has been almost 2 months now. And I suppose 2 months of trial and error served as a good learning. I stuffed all kinds of stocks in my portfolio from MY and US, from all kinds of industries, and even some risky tech stocks and SPACs. Needless to say, I did not have a refined strategy or a good grasp of how things work. So, these were my results:
Close to 2 months of arduous daily pla...

Udemy's revenue surpassed expectations, but its ARR fell short and future guidance disappointed. Despite increasing prices and growing active buyers, its growth rate is one of the lowest in the consumer internet sector.

Investors may be overpaying for Udemy's stock due to high P/S ratio and modest revenue performance. The company's lower-than-industry revenue growth forecasts do not support its high P/S ratio, suggesting these prices may not be reasonable.