The analyst likes Udemy due to its strong cash position ($500 million cash against a $1.6 billion market cap) and the growth of its higher-margin Udemy Business subscription segment. This segment curates courses for corporate clients, offering a scalable and profitable growth avenue. The recent CEO transition, promoting the head of Udemy Business, also signals continuity in this strategic direction.
“I really like this company going forward it has executed well since going public.”