<p>Coursera（COUR）最近与 Anthropic 达成合作，推出两个新的人工智能专注的专业课程。通过合作，这两家公司旨在使高级生成性人工智能技能对开发者和商业专业人士都可获得。</p>
<p>查看我们对 Coursera 的最新分析。</p>
<p>Coursera 最近的举措，包括与 Anthropic 的合作和新任首席财务官的任命，正值公司专注于人工智能技能提升和人才发展之际。尽管过去三个月股价下跌近 31%，年初至今下跌 6%，但这跟随了一段波动期，过去一年总股东回报持平。围绕 Coursera 的人工智能产品和新领导层的关注带来了谨慎的乐观，但动能尚未导致持续的收益。</p>
<p>如果 Coursera 最新的人工智能举措让你寻找新的机会，考虑扩大你的搜索范围，发现快速增长且内部持股比例高的股票。</p>
<p>在这种背景下，考虑到分析师目标价格的显著折扣，Coursera 是否是被忽视的人工智能教育投资，还是市场已经在预期公司的未来增长潜力？</p>
<h2>最受欢迎的叙述：35% 低估</h2>
<p>与最后收盘价 7.95 美元相比，最广泛关注的叙述估计 Coursera 的公允价值为 12.23 美元。这表明当前价格相对于预测反映了显著折扣，投资者关注公司的未来收入和利润率演变，尽管创新仍在持续。</p>
<blockquote>
<p><em>持续的产品创新，特别是通过个性化辅导（Coach）、人工智能驱动的目录扩展以及本地化定价和入职增强等先进的市场策略，预计将推动更高的转化率，提高付费用户留存率，并增强参与度，积极影响收入增长和利润杠杆。</em></p>
</blockquote>
<p>阅读完整叙述。</p>
<p>好奇为什么这个叙述设定了如此大胆的估值？这个故事不仅仅依赖于稳定的用户增长。关于收益、利润率和商业基本面的有趣财务假设推动了这些数字。哪个指标让分析师押注于反转？阅读完整叙述以查看计算结果。</p>
<p><strong>结果：公允价值为 12.23 美元（低估）</strong></p>
<p>完整阅读叙述，了解预测背后的原因。</p>
<p>然而，来自免费替代品的竞争加剧以及对在线证书的持续怀疑可能会在未来几年减少 Coursera 的收入潜力。</p>
<p>了解这个 Coursera 叙述的关键风险。</p>
<h2>另一种观点：倍数指标显示了什么？</h2>
<p>从市销率的角度来看，Coursera 的交易倍数为 1.8 倍，高于美国消费者服务行业平均的 1.4 倍、同行平均的 1.5 倍，也高于市场可能期望的公允比例 1.2 倍。这表明该股票相对昂贵的风险。如果市场情绪发生变化，开始重视较低的倍数，会发生什么？</p>
<p>查看数字对这个价格的看法——在我们的估值分析中找到答案。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/e6888c8e-2883-4ca3-a353-226601e25621/chart/ps-multiple-vs-industry?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="1640" height="650" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/e6888c8e-2883-4ca3-a353-226601e25621/chart/ps-multiple-vs-industry"/></p>
<p>纽约证券交易所：COUR 截至 2025 年 11 月的市销率</p>
<h2>构建你自己的 Coursera 叙述</h2>
<p>如果你有不同的看法或想自己深入数据，你可以轻松在几分钟内构建自己的叙述：按你的方式进行</p>
<p>进行 Coursera 研究的一个很好的起点是我们的分析，强调 3 个关键收益和 2 个可能影响你投资决策的重要警示信号。</p>
<h2>寻找更多投资想法？</h2>
<p>不要仅仅停留在 Coursera。通过关注正在产生真正影响的股票来扩大你的观察名单。像你这样的精明投资者不应忽视这些机会。</p>
<ul>
<li>通过审查这 15 只收益率超过 3% 的股息股票，稳健收集高收益。</li>
<li>利用人工智能的新兴趋势。挖掘这 25 只人工智能便士股票，寻找处于创新前沿的公司。</li>
<li>随着数字资产重塑市场，查看这 81 只正在改变金融和增长潜力的加密货币和区块链股票。</li>
</ul>
<p><em>本文由 Simply Wall St 撰写，内容具有一般性。<strong>我们提供基于历史数据和分析师预测的评论，仅使用无偏见的方法，我们的文章并不旨在提供财务建议。</strong> 这并不构成买入或卖出任何股票的推荐，也未考虑你的目标或财务状况。我们旨在为你提供以基本数据驱动的长期分析。请注意，我们的分析可能未考虑最新的价格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中没有持仓。</em></p>

COUR

<p>Coursera 与 Anthropic 的合作旨在提升人工智能技能的可获取性。尽管近期股价波动，Coursera 被视为被低估，公允价值为 12.23 美元，而当前价格为 7.95 美元。持续的人工智能驱动创新预计将推动收入和利润率。然而，竞争和对在线证书的怀疑带来了风险。Coursera 的市销率高于行业平均水平，表明可能存在高估的风险。投资者被鼓励在考虑 Coursera 的同时探索其他投资机会</p>

<p>Coursera (COUR) recently unveiled a partnership with Anthropic to launch two new AI-focused Specializations. By teaming up, the companies aim to make advanced generative AI skills accessible to both developers and business professionals.</p>
<div class="lb-trans"><p>Coursera（COUR）最近与 Anthropic 达成合作，推出两个新的人工智能专注的专业课程。通过合作，这两家公司旨在使高级生成性人工智能技能对开发者和商业专业人士都可获得。</p>
</div><p>See our latest analysis for Coursera.</p>
<div class="lb-trans"><p>查看我们对 Coursera 的最新分析。</p>
</div><p>Coursera’s recent moves, including the Anthropic partnership and new CFO appointment, arrive as the company focuses on AI upskilling and talent development. While the share price is off nearly 31% over the past three months and 6% year-to-date, this follows a period of volatility, and total shareholder return has broken even for the past year. The attention surrounding Coursera’s AI offerings and renewed leadership brings cautious optimism, but momentum has not yet resulted in sustained gains.</p>
<div class="lb-trans"><p>Coursera 最近的举措，包括与 Anthropic 的合作和新任首席财务官的任命，正值公司专注于人工智能技能提升和人才发展之际。尽管过去三个月股价下跌近 31%，年初至今下跌 6%，但这跟随了一段波动期，过去一年总股东回报持平。围绕 Coursera 的人工智能产品和新领导层的关注带来了谨慎的乐观，但动能尚未导致持续的收益。</p>
</div><p>If Coursera’s latest AI initiative has you looking for fresh opportunities, consider widening your search and discover fast growing stocks with high insider ownership</p>
<div class="lb-trans"><p>如果 Coursera 最新的人工智能举措让你寻找新的机会，考虑扩大你的搜索范围，发现快速增长且内部持股比例高的股票。</p>
</div><p>Given this backdrop and a meaningful discount to analyst price targets, is Coursera an overlooked play in AI education, or is the market already anticipating the company’s potential for future growth?</p>
<div class="lb-trans"><p>在这种背景下，考虑到分析师目标价格的显著折扣，Coursera 是否是被忽视的人工智能教育投资，还是市场已经在预期公司的未来增长潜力？</p>
</div><h2>Most Popular Narrative: 35% Undervalued</h2>
<div class="lb-trans"><h2>最受欢迎的叙述：35% 低估</h2>
</div><p>Compared to the last close price of $7.95, the most widely followed narrative estimates Coursera's fair value at $12.23. This suggests the current price reflects a substantial discount relative to projections, with investor focus on the company's future revenue and margin evolution amid ongoing innovation.</p>
<div class="lb-trans"><p>与最后收盘价 7.95 美元相比，最广泛关注的叙述估计 Coursera 的公允价值为 12.23 美元。这表明当前价格相对于预测反映了显著折扣，投资者关注公司的未来收入和利润率演变，尽管创新仍在持续。</p>
</div><blockquote>
<p><em>Continuous product innovation, especially through AI-powered features like personalized tutoring (Coach), AI-driven catalog expansion, and advanced go-to-market strategies such as localized pricing and onboarding enhancements, is expected to drive higher conversion rates, increase paid user retention, and boost engagement, positively influencing both revenue growth and margin leverage.</em></p>
</blockquote>
<div class="lb-trans"><blockquote>
<p><em>持续的产品创新，特别是通过个性化辅导（Coach）、人工智能驱动的目录扩展以及本地化定价和入职增强等先进的市场策略，预计将推动更高的转化率，提高付费用户留存率，并增强参与度，积极影响收入增长和利润杠杆。</em></p>
</blockquote>
</div><p>Read the complete narrative.</p>
<div class="lb-trans"><p>阅读完整叙述。</p>
</div><p>Curious why this narrative sets such a bold valuation? The story hinges on much more than just steady user growth. Intriguing financial assumptions about earnings, margins, and a shift in business fundamentals drive these numbers. Which metric has analysts betting on a turnaround? Read the full narrative to see the calculations for yourself.</p>
<div class="lb-trans"><p>好奇为什么这个叙述设定了如此大胆的估值？这个故事不仅仅依赖于稳定的用户增长。关于收益、利润率和商业基本面的有趣财务假设推动了这些数字。哪个指标让分析师押注于反转？阅读完整叙述以查看计算结果。</p>
</div><p><strong>Result: Fair Value of $12.23 (UNDERVALUED)</strong></p>
<div class="lb-trans"><p><strong>结果：公允价值为 12.23 美元（低估）</strong></p>
</div><p>Have a read of the narrative in full and understand what's behind the forecasts.</p>
<div class="lb-trans"><p>完整阅读叙述，了解预测背后的原因。</p>
</div><p>However, growing competition from free alternatives and ongoing skepticism about online credentials could reduce Coursera's revenue potential in the coming years.</p>
<div class="lb-trans"><p>然而，来自免费替代品的竞争加剧以及对在线证书的持续怀疑可能会在未来几年减少 Coursera 的收入潜力。</p>
</div><p>Find out about the key risks to this Coursera narrative.</p>
<div class="lb-trans"><p>了解这个 Coursera 叙述的关键风险。</p>
</div><h2>Another View: What Do Multiples Say?</h2>
<div class="lb-trans"><h2>另一种观点：倍数指标显示了什么？</h2>
</div><p>Looking from a price-to-sales perspective, Coursera trades at 1.8x, which is above the US Consumer Services industry average of 1.4x, its peer average of 1.5x, and also above the fair ratio of 1.2x that the market could come to expect. This signals a risk that the stock is expensive by comparison. What happens if sentiment shifts and the market starts to prize lower multiples?</p>
<div class="lb-trans"><p>从市销率的角度来看，Coursera 的交易倍数为 1.8 倍，高于美国消费者服务行业平均的 1.4 倍、同行平均的 1.5 倍，也高于市场可能期望的公允比例 1.2 倍。这表明该股票相对昂贵的风险。如果市场情绪发生变化，开始重视较低的倍数，会发生什么？</p>
</div><p>See what the numbers say about this price — find out in our valuation breakdown.</p>
<div class="lb-trans"><p>查看数字对这个价格的看法——在我们的估值分析中找到答案。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/e6888c8e-2883-4ca3-a353-226601e25621/chart/ps-multiple-vs-industry" alt="" original-src="https://images.simplywall.st/company/e6888c8e-2883-4ca3-a353-226601e25621/chart/ps-multiple-vs-industry"/></p>
<p>NYSE:COUR PS Ratio as at Nov 2025</p>
<div class="lb-trans"><p>纽约证券交易所：COUR 截至 2025 年 11 月的市销率</p>
</div><h2>Build Your Own Coursera Narrative</h2>
<div class="lb-trans"><h2>构建你自己的 Coursera 叙述</h2>
</div><p>If you see things differently or want to dig into the data yourself, you can easily build your own narrative in just a few minutes: Do it your way</p>
<div class="lb-trans"><p>如果你有不同的看法或想自己深入数据，你可以轻松在几分钟内构建自己的叙述：按你的方式进行</p>
</div><p>A great starting point for your Coursera research is our analysis highlighting 3 key rewards and 2 important warning signs that could impact your investment decision.</p>
<div class="lb-trans"><p>进行 Coursera 研究的一个很好的起点是我们的分析，强调 3 个关键收益和 2 个可能影响你投资决策的重要警示信号。</p>
</div><h2>Looking for more investment ideas?</h2>
<div class="lb-trans"><h2>寻找更多投资想法？</h2>
</div><p>Don’t just stop at Coursera. Grow your watchlist with stocks that are making real waves right now. Savvy investors like you shouldn’t overlook these opportunities.</p>
<div class="lb-trans"><p>不要仅仅停留在 Coursera。通过关注正在产生真正影响的股票来扩大你的观察名单。像你这样的精明投资者不应忽视这些机会。</p>
</div><ul>
<li>Collect high yields with confidence by reviewing these 15 dividend stocks with yields &gt; 3% paying over 3 percent and built for stability.</li>
<li>Capitalize on emerging trends in artificial intelligence. Tap into these 25 AI penny stocks to find companies at the forefront of innovation.</li>
<li>Ride the wave as digital assets reshape the markets by checking out these 81 cryptocurrency and blockchain stocks transforming finance and growth potential.</li>
</ul>
<div class="lb-trans"><ul>
<li>通过审查这 15 只收益率超过 3% 的股息股票，稳健收集高收益。</li>
<li>利用人工智能的新兴趋势。挖掘这 25 只人工智能便士股票，寻找处于创新前沿的公司。</li>
<li>随着数字资产重塑市场，查看这 81 只正在改变金融和增长潜力的加密货币和区块链股票。</li>
</ul>
</div><p><em>This article by Simply Wall St is general in nature. <strong>We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.</strong> It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.</em></p>
<div class="lb-trans"><p><em>本文由 Simply Wall St 撰写，内容具有一般性。<strong>我们提供基于历史数据和分析师预测的评论，仅使用无偏见的方法，我们的文章并不旨在提供财务建议。</strong> 这并不构成买入或卖出任何股票的推荐，也未考虑你的目标或财务状况。我们旨在为你提供以基本数据驱动的长期分析。请注意，我们的分析可能未考虑最新的价格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中没有持仓。</em></p>
</div>

Coursera (COUR): 在与 Anthropic AI 合作以及推出新课程后评估其估值