Coursera, Inc. (COUR)

Coursera has grown to $757.5M of FY2025 revenue (+9% YoY) and is nearing EBITDA breakeven, while producing positive operating cash flow and free cash flow. The balance sheet is extremely liquid (about $790M cash, minimal debt), creating a very low enterprise value (EV/Sales ~0.24x) and a positive trailing free-cash-flow yield (~8.62%). Key risks are continued GAAP losses (TTM net margin ~-8%), dilution from high stock-based compensation, a sub-1.8 Altman Z-score, and integration execution risk following the Udemy merger (8-K filed 2026-06-23). Overall: attractive, liquidity-backed value with improving fundamentals, but still a profitability/integration story (fundamentalScore 4/5).

Near-term newsflow is light with a neutral tone (recent items largely focused on post-merger investor communication/analyst framing), while the 30–90d baseline skewed modestly more positive on the Udemy-merger/AI-skills narrative (delta: mildly cooling). Legal checks show only plaintiff-law-firm marketing (no regulator confirmation) and no other red flags, but the lack of a clearly dated catalyst in the next 1–30 trading days keeps the setup low-conviction.

COUR flipped short-term constructive after the 2026-06-24 high-volume expansion day and is still holding above its 20/50-day averages plus the 9/21-day EMAs. Momentum has turned positive, but the stock remains below the 200-day average and ADX is only 11.58, so conviction is moderate rather than aggressive.