Coursera Surges as AI Course Enrollments Top 10M Thanks To Soaring Demand for Upskilling
Most online learning companies are getting crushed by the AI revolution they didn’t see coming, but CourseraCOUR proved it’s one of the rare winners. The education platform’s stock is up over 40% this past week after reporting that AI course enrollments have surpassed 10M. This AI education frenzy helped power the CE 100 Index up 2% for the week, as investors bet big on the learning economy.
- Consumer revenue rose 10% to $122.8M, driven by new learners and Coursera Plus, while enterprise customers grew 12% despite macroeconomic headwinds.
- Third-quarter revenue guidance of $188M to $192M exceeded analyst expectations, further fueling investor confidence in the education platform’s trajectory.
The AI skills panic pays off: While traditional education firms scramble to adapt, Coursera has cemented itself as the go-to platform for AI training — building a competitive moat in the process. RBC Capital took note, raising its price target from $10 to $13 and reaffirming an outperform rating, citing Coursera’s innovative product lineup and solid financials. With a healthy 54.37% gross margin and no slowdown in sight for AI skills demand, this education goldmine may still have room to teach investors a few more lessons about exponential returns.